Latest news with #QuantumComputing
Zawya
5 hours ago
- Business
- Zawya
New DFSA report explores regulatory insights into cybersecurity, AI and quantum risks
Dubai, United Arab Emirates: The Dubai Financial Services Authority (DFSA), the independent regulator of the Dubai International Financial Centre (DIFC), today published its latest report, Cyber and Artificial Intelligence Risk in Financial Services: Strengthening Oversight Through International Dialogue. The full report is available for download. The report provides timely insights into the evolving digital risk landscape and explores how emerging technologies such as Artificial Intelligence (AI) and quantum computing – which allow the process of complex problems much faster than traditional computers – are reshaping regulatory priorities. The publication follows the DFSA's inaugural Cyber and AI Risk Regulatory College, held in May 2025, which brought together 70 senior representatives from 18 financial authorities across the Middle East, North America, Europe, Africa, and Asia. The College served as a platform for international dialogue on the increasing complexity and interconnection of cyber risks, AI adoption, and the long-term implications of quantum computing. Justin Baldacchino, Managing Director, Supervision, DFSA, said: 'Digital risks are no longer peripheral – they are fast becoming systemic. This report reflects a growing supervisory consensus on where these risks are converging and how regulatory approaches are evolving. At the DFSA, we were proud to host our first Cyber and AI Risk Regulatory College, and we look forward to continuing meaningful dialogue with our regional and international peers in support of a secure, resilient, and trusted global financial system.' The report explores supervisory perspectives on three interconnected areas: cybersecurity threat landscape, quantum computing, and AI emerging risks. It draws on global insights and expert discussions on how financial regulators can respond to emerging risks without compromising innovation. Key themes highlighted in the report include: The increasing frequency and sophistication of cyberattacks, including threats arising from emerging technologies and supply chain dependencies. The potential for quantum computing to render current encryption in critical communication systems obsolete, and the importance of early coordinated planning around post-quantum cryptography (the cryptographic algorithms that are designed to be secure against the potential threats posed by quantum computers). The growing adoption of AI across financial services highlights the importance of enhancing explainability and interpretability methods, robust third-party risk oversight, and responsible governance. Herman Schueller, Director, Innovation & Technology Risk Supervision, DFSA, commented: 'As innovation accelerates, financial regulators globally are actively examining how best to adapt oversight practices. This report reflects the value of open, cross-border dialogue in building mutual understanding of the regulatory, technical, and operational dimensions of digital risks.' The report contributes to the DFSA's wider commitment to forward-looking supervision and its role in fostering collaborative, principle-based approaches to regulating emerging technologies. The DFSA continues to engage in international dialogue on emerging technology risks through initiatives such as its Threat Intelligence Platform, evolving work on AI oversight, and broader innovation agenda within the DIFC. The full report is available at for download here. For further information, please contact: Corporate Communications Dubai Financial Services Authority (DFSA) Level 13, The Gate, West Wing Dubai, UAE Email: DFSAcorpcomms@ About Dubai Financial Services Authority (DFSA) The Dubai Financial Services Authority (DFSA) is the independent regulator of financial services conducted in and from the Dubai International Financial Centre (DIFC), a purpose-built financial free zone in Dubai, UAE. The DFSA regulates and supervises financial services firms and markets in the DIFC. These include asset managers, banks, custody and trust services, commodities futures traders, fund managers, insurers and reinsurers, traders of securities and fintech firms. We supervise exchanges and trading platforms for both conduct and prudential purposes, overseeing an international securities exchange (Nasdaq Dubai) and an international commodities derivatives exchange (Gulf Mercantile Exchange). The DFSA is also responsible for supervising and enforcing anti-money laundering and countering the financing of terrorism requirements applicable in the DIFC. Please refer to the DFSA's website for more information. Justin Baldacchino is the Managing Director of Supervision at the DFSA, bringing 25 years of international finance experience. He possesses deep expertise in regulatory interpretation, liaison, implementation, risk, regulatory affairs, compliance, anti-money laundering (AML), capital, liquidity, innovation, and technology. Joining the DFSA in 2020, Mr Baldacchino previously served as the Group Head of Regulatory Compliance for ANZ Bank in Australia and held various senior roles at JP Morgan in Hong Kong, including Head of Regulatory Compliance, Asia-Pacific, and Head of International Operational Risk, Asia-Pacific. He also served as Head of Compliance and Risk Governance, Asia for National Australia Bank in Hong Kong. Mr Baldacchino is an alumnus of Melbourne Business School with an MBA and a Post Graduate Diploma, and he holds a Bachelor of Economics from La Trobe University. He completed the Harvard Executive Programme in Regulatory Strategic Management and is a certified AML Specialist. He has served as an Executive Board Member for the Association of Certified Anti-Money Laundering Specialists and is currently a member of The Basel Consultative Group. Herman Schueller is the Director of Innovation and Technology Risk Supervision at the DFSA. He oversees the supervision of fintech Authorised Firms and manages cyber and technology risk supervision across all DFSA Authorised Firms. He also drives innovation and supports the development of the fintech ecosystem within the DIFC. Before joining the DFSA, Mr Schueller served as Head of Digital Transformation at the Central Bank of the UAE, driving initiatives in Open Finance, Central Bank Digital Currencies (CBDC), and the Innovation Hub. As the project lead for mBridge, he collaborated with member central banks and the Bank for International Settlements Innovation Hub to implement a cross-border CBDC platform based on blockchain issuance and redemption. Prior to coming to the UAE, Mr Schueller led the Digital Transformation & Innovation team at Standard Chartered Bank in Hong Kong, enhancing project management capabilities across Greater China and North Asia.
Yahoo
4 days ago
- Business
- Yahoo
Quantum Computing (QUBT) Loses 7.3% on Sudden Management Shakeup
Quantum Computing Inc. (NASDAQ:QUBT) is one of the . Quantum Computing fell for a third straight day on Monday, losing another 7.31 percent to close at $17.50 apiece as investor sentiment was dampened by a sudden management shakeup in the company. This followed the sudden retirement of Christopher Boehmler as Quantum Computing Inc.'s (NASDAQ:QUBT) chief finance officer, effective last Thursday, June 19. While Quantum Computing Inc. (NASDAQ:QUBT) said that Boehmler's decision was not due to any management disagreement, his sudden resignation was received in a negative light. Boehmler was replaced by Christopher Roberts, 70, who was the company's CFO between 2018 and 2023, before serving as a consultant from 2023 to 2025. In other news, Quantum Computing Inc. (NASDAQ:QUBT) said it was able to raise $200 million in fresh funds through the private placement of more than 14 million common shares at a price of $14.25 apiece. A data analyst pouring over a chart, the intricacies of its lines being revealed. Quantum Computing Inc. (NASDAQ:QUBT) said it plans to use the proceeds to accelerate commercialization efforts, strategic acquisitions, working capital, and general corporate purposes. While we acknowledge the potential of QUBT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
5 days ago
- Business
- Globe and Mail
Integrated Cyber Launches Quantum Cybersecurity Initiative to Tackle One of the Greatest Threats of the Next Decade
VANCOUVER, British Columbia, June 25th, 2025 – Integrated Cyber Solutions Inc. (CSE:ICS) (OTCQB:IGCRF) ('Integrated Cyber' or the 'Company') is proud to announce the launch of its Quantum Cybersecurity Initiative, marking a new strategic focus for the Company. This forward-looking initiative aims to protect critical infrastructure and sensitive data from the rapidly emerging threat posed by quantum computing. Quantum computers are rapidly transitioning from theory to reality, bringing with them the serious threat of breaking the encryption that safeguards global commerce, national security, healthcare, and financial systems. Recent breakthroughs across the quantum computing industry highlight the urgency and scale of this challenge. For instance, IBM has revealed its plan to build 'Starling,' a fault-tolerant, large-scale quantum supercomputer expected to perform 20,000 times more operations than today's systems. It's so powerful that simulating its state would take more memory than a quindecillion of the world's most powerful classical supercomputers combined. 'Quantum computing threatens to dismantle the very foundations of today's cybersecurity infrastructure,' said Alan Guibord, CEO of Integrated Cyber Solutions. 'The world is facing a ticking clock. Organizations that fail to adapt will find themselves dangerously exposed.' Recognizing the scale and urgency of this emerging risk, Integrated Cyber Solutions is positioning itself to become a leader in quantum-resilient cybersecurity – a market projected to grow into a multi-billion-dollar global opportunity over the next several years. This is a defining moment for the cybersecurity industry,' Guibord continued. 'We believe the companies that act now will shape the future, and Integrated Cyber Solutions is determined to be at the forefront of this pivotal moment. Further announcements related to the Quantum Cybersecurity Initiative are expected in the coming weeks. About Integrated Cyber Solutions Integrated Cyber Solutions, Inc. is a global managed security service provider (MSSP) focused on a people-centered approach to cybersecurity. Serving small and medium-sized businesses and enterprises, the Company delivers training and awareness programs that empower employees to be the first line of defense, combining behavioral intelligence with advanced technology to address human vulnerabilities. Using its IC360 platform and a network of global partnerships, Integrated Cyber turns complex security data into clear, actionable insights. Its solutions integrate AI-driven threat detection, behavior-based training, and real-time intelligence, helping clients build resilient 'human firewalls' and simplify security management. With expanding operations across the Middle East, Africa, and South Asia—including key partnerships in the UAE, India, and Sri Lanka—Integrated Cyber tailors its solutions to diverse cultural and regulatory environments. This positions the Company as a leading behavior-focused cybersecurity provider in emerging markets, committed to making cybersecurity simple, people-first, and effective. For further information, please contact: 1 Stiles Road, Salem, New Hampshire, 03079, USA Tel: +1-212-634-9534 Email: Forward-Looking Statements This news release contains forward-looking statements. All statements, other than statements of historical fact that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future are forward-looking statements. Forward-looking statements in this news release include statements regarding: the Offering and its terms, including the intended use of proceeds of the Offering; the expiry of hold periods for securities distributed pursuant to the Offering; and other matters regarding the business plans of the Company. The forward-looking statements reflect management's current expectations based on information currently available and are subject to a number of risks and uncertainties that may cause outcomes to differ materially from those discussed in the forward-looking statements including: the Company may use the proceeds of the Offering for purposes other than those disclosed in this news release; adverse market conditions; changes in interest and currency exchange rates; and other factors beyond the control of the Company. Although the Company believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, undue reliance should not be put on such statements due to their inherent uncertainty. Factors that could cause actual results or events to differ materially from current expectations include general market conditions, other factors beyond the control of the Company and the risk factors with respect to the Company set out in the Company's filings with the Canadian securities regulators and available under the Company's profile on SEDAR+ at The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable law. Featured Image @ Freepik Read more investing news on to the PressReach RSS feeds:
Yahoo
5 days ago
- Business
- Yahoo
3 Growth Stocks You Can Buy for Less Than $100 Right Now
The stocks listed below trade at less than $100 and could have considerable upside in the long run. They are all in different sectors and give investors plenty of ways to capitalize on emerging opportunities. But there are various risks with these businesses. 10 stocks we like better than Quantum Computing › You don't need a fortune to invest in the stock market. There are many stocks that trade at less than $100 that can potentially be good investments to build up a position in over time. Some of the hottest growth stocks to buy right now include Archer Aviation (NYSE: ACHR), Quantum Computing (NASDAQ: QUBT), and Robinhood Markets (NASDAQ: HOOD). The stocks have all more than doubled in value in the past year, and I'll break down their opportunities and what their biggest risks are today to help you determine whether these stocks trading under $100 a share are suitable for your portfolio. In just the past 12 months, shares of Archer Aviation have skyrocketed 192% (as of June 24), propelling its value to around $5.9 billion. The company doesn't generate any revenue yet, but it has been securing deals that could change that. Its Midnight aircraft is an electric air taxi that aims to change what short-distance travel looks like in big cities. It could ease congestion, and its coming-out party might be the 2028 Olympic Games in Los Angeles, with it already being named the "official air tax provider" for the event. Entering this week, the stock was trading at around $10, and the biggest risk for investors is that the company may not generate much revenue anytime soon, and its cash burn will accelerate. It has burned through $376.7 million over the past 12 months with its day-to-day operations and will require frequent infusions (i.e., stock offerings) to fund its growth. Archer is still in the very early stages of building out its aircraft and hopes to be making at least two per month by the end of this year. It will require a lot of patience, but if you have a high risk tolerance, this investment could still rise further in the future. Next-generation computing is another exciting opportunity that investors have been bullish on. Shares of Quantum Computing are up 2,950% in just 12 months. Given the rising need for greater computing power in the era of artificial intelligence (AI), quantum computers are likely to add a whole new level of efficiency for the tech sector. Today, the company generates revenue primarily from professional services. But the hope is that in the future, Quantum's cutting-edge machines (which rely on photon technology) and foundry services will transform it into the next big tech stock. With many other companies also investing heavily in developing supercomputers, competition may be fierce. The biggest risk with the stock is that the company will eventually run out of money. Over the trailing 12 months, Quantum has burned through $16.8 million in cash from its operations. Its balance of cash and cash equivalents totaled $166.4 million as of the end of March, which provides it with adequate runway for now. But with quantum computers potentially being several years away from the mainstream, this stock still comes with considerable risks and uncertainty. Quantum Computing stock does have the potential to rise from the $17.52 it's trading around right now, but this is primarily going to be suitable for investors who not only have a high tolerance for risk, but who are also willing to remain extremely patient and are comfortable with lots of volatility. The least risky stock on this list is Robinhood, which is already generating strong numbers. The fintech's online trading platform, which offers commission-free stock trades, is popular with retail investors. Last year, revenue came in at just under $3 billion, and net income totaled $1.4 billion. On Tuesday, the stock was trading at around $82, and since the start of the year, the stock price is up about 120%. As excitement has been generated by not just the stock market but also cryptocurrencies, trading levels have been elevated, and investors may be anticipating lots more growth for the company in both the near term and over the long run. With the company's market cap of nearly $70 billion, the biggest risk with the stock is that it may be a bit expensive. It trades at 44 times its trailing earnings, which means that expectations are high. But with the business growing at an impressive 50% year over year through the first three months of 2025, the premium may be justifiable. If Robinhood Markets continues to deliver strong growth while padding its earnings along the way, there can still be room for the stock to climb higher. Before you buy stock in Quantum Computing, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Quantum Computing wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $676,023!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $883,692!* Now, it's worth noting Stock Advisor's total average return is 793% — a market-crushing outperformance compared to 173% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 23, 2025 David Jagielski has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. 3 Growth Stocks You Can Buy for Less Than $100 Right Now was originally published by The Motley Fool Sign in to access your portfolio
Yahoo
7 days ago
- Business
- Yahoo
Why Quantum Computing Stock Is Plummeting Today
Quantum Computing stock is falling today due to a new share offering and geopolitical risk factors. The company will raise $200 million by selling roughly 14 million shares at a price of $14.25 per share. Stock dilution and geopolitical factors could spur more volatility for the stock in the near term. 10 stocks we like better than Quantum Computing › Quantum Computing (NASDAQ: QUBT) stock is seeing a round of substantial sell-offs in Monday's trading. The company's share price was down 10.6% as of 1 p.m. ET, amid gains of 0.7% for both the S&P 500 (SNPINDEX: ^GSPC) and the Nasdaq Composite (NASDAQINDEX: ^IXIC). Quantum Computing opened today's trading with a valuation pullback due to news that the company is moving to issue and sell new stock. The bearish pressure has intensified following news of rising geopolitical risk factors. Before the market opened this morning, Quantum Computing revealed that it had sold a significant amount of new stock through a private offering. Per the recent announcement, the company will be selling slightly more than 14 million shares of common stock priced at $14.25 per share to a group of institutional investors. The deal is expected to generate $200 million in cash for Quantum Computing, and the company plans to use the funds to accelerate its commercialization initiatives, facilitate potential merger-and-acquisition moves, and strengthen its overall financial footing. The new stock sale is expected to take place around June 24. The announcement of Quantum Computing's upcoming stock sale has understandably raised concerns among investors. Even after a substantial sell-off today, the sale price for the 14 million shares of new stock is still roughly 16% lower than its current trading price. While it's not unusual for companies to offer stock at a discount when selling a large amount of shares through private placement, the deal highlights valuation risks and concerns. In addition to stock dilution from the new share sale, geopolitical dynamics could be a significant source of volatility for Quantum Computing in the near term. Following a U.S. bombing strike on nuclear development facilities in Iran over the weekend, Iran is reportedly responding with missile strikes on U.S. bases in Qatar and Iraq today. As a growth-dependent stock with a speculative outlook, Quantum Computing could see outsized volatility if geopolitical conditions become increasingly unstable. Before you buy stock in Quantum Computing, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Quantum Computing wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $664,089!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $881,731!* Now, it's worth noting Stock Advisor's total average return is 994% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 23, 2025 Keith Noonan has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why Quantum Computing Stock Is Plummeting Today was originally published by The Motley Fool Sign in to access your portfolio
