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HSBC is set to become the first UK bank to trial a quantum key distribution system, which will connect two UK sites using quantum physics to create secret keys for encrypting and decrypting sensitive data. The technology could help protect against sophisticated cyber-attacks and defend trillions of dollars. HSBC is testing the technology that could become an important part of preventing these types of cyber-attacks, and the bank is investing in strategic partnerships to explore how to deploy the technology as it develops.
