Ivan Vulev

Chief Technology Officer, Technical Sales Leader, IBM Central Eastern Europe Territory

Topic: Quantum Computing and its Impact on Digital Security in the Financial Industry

Ivan is a technology Thought Leader with 18 years of IT experience in an international environment. As a CTO of IBM CET, he is a trusted technology partner for a number of the largest IBM clients. He drives the IBM strategy across the region and oversees all technology systems and processes. He leads and provides strategic directions to the technical sales organization and technical community consisting of multiple business units.


He has a wealth of experience in driving strategic engagements around Cloud and AI and as an executive architect, he has led in the past IT transformations across diverse industries. As a mentor, he dedicates his time and skills to working with junior and senior talents, helping them grow their careers.


Ivan is IBM Quantum ambassador and leads the IBM Quantum initiatives in the region.

Central Eastern Territory (CET) includes 23 countries such as Bulgaria, Romania, Hungary, Slovenia, Croatia, Serbia, Czech Republic, Slovakia and others


At DIGI PAY 2024 he will share with us insights about the future arrival of cryptographically relevant quantum computers poses a considerable threat to the cryptographic foundations of current digital payments and financial systems. As these quantum computers would be capable of breaking widely-used encryption methods such as RSA and ECC, they could compromise the security of financial transactions and expose vast amounts of sensitive data. This vulnerability could lead to an increase in financial fraud and theft, disrupting financial stability and undermining confidence in digital and electronic payment methods.


To overcome this threat the industry will need to take proactive measures and prepare.

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