Accenture invests in QuSecure to combat quantum computing threats
NEW YORK, UNITED STATES — Outsourcing giant Accenture has announced an investment in QuSecure, a post-quantum cybersecurity provider based in San Mateo, California.
This partnership aims to revolutionize how organizations protect their data against emerging quantum risks, though specific financial terms remain undisclosed.
Strategic implications of Accenture’s latest investment
QuSecure’s QuProtect software provides a quantum security-as-a-service architecture that implements zero-trust principles and quantum-resilient technology to safeguard networks and cloud systems.
“Organizations need a reliable, quantum-resilient cybersecurity solution that not only adheres to the National Institute of Standards and Technology’s (NIST) post-quantum encryption standards but that can be easily integrated across all parts of a communications network,” Tom Patterson, emerging technology security lead at Accenture, explains.
“We’re investing in trusted providers like QuSecure to help our clients future-proof their global networks today to protect high-risk data faster.”
Proven success of Accenture-QuSecure partnership
In 2023, the two companies successfully established the first multi-orbit data communications test secured with post-quantum cryptography. Additionally, they recently completed a groundbreaking project with Banco Sabadell, implementing post-quantum cryptography technologies in the bank’s infrastructure.
Joan Puig, Group CISO of Banco Sabadell, emphasizes the importance of this development: “Crypto agility is critical for the banking industry, allowing for the seamless integration of new cryptographic standards without the need to rebuild entire systems.”
QuSecure’s CEO Rebecca Krauthamer highlights the urgency of their mission: “The ability to orchestrate cryptography at the enterprise scale—swapping out cryptographic algorithms at any endpoint, anywhere—is critical to a robust cybersecurity strategy. QuSecure and Accenture have a shared vision to provide organizations with a long-term solution to upgrade and manage their encryption standards.”
Accenture’s investment in QuSecure follows similar moves, including investments in cybersecurity firms Reality Defender and Tenchi Security. For the second year running, Accenture ranked #1 in OA500 2024, an objective index of the world’s 500 top outsourcing companies.
Accenture delivered a solid performance in the first quarter of fiscal 2025, reporting revenues of $17.7 billion, a 9% increase in U.S. dollars and 8% in local currency compared to the same quarter last year.
