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SeQrLabs

A measurement study · Indian financial services · 2026

Quantum-safe,
in name only.

We actively measured the TLS behind more than 60 Indian financial-services endpoints. Standard scanners report 0% post-quantum. The real figure is 60%, yet every certificate stays classical and half of firms expose an origin that routes around the protection.

Read the research
Handshake, as measuredTLS 1.3 · port 443
CLIENTasks for PQCCDN EDGEX25519MLKEM768HYBRIDORIGINRSA-2048classicalkey exchangedirect route around the edgeedge to origin
Passive probe0%

hybrid PQC key exchange detected, n = 53

Active ML-KEM probe60%

hybrid PQC key exchange detected, n = 53

Fig. 1. The same 53 endpoints, asked two ways. A passive probe cannot see hybrid post-quantum key exchange. An active ML-KEM probe can.

The finding · 01

The edge says safe.
The origin disagrees.

A CDN can terminate TLS with hybrid ML-KEM, and a passive scanner sees only that. Behind it, the origin still runs RSA and X25519, and in half of firms anyone can reach it directly.

100%
of certificates stay classicalRSA and ECDSA, forgeable by a quantum computer. Primary corpus, n = 53.
51%
of firms expose an originReachable outside the CDN edge. n = 118, 95% CI 42 to 60. India 48%, international 62%.
0
are quantum-safe end to endAcross every endpoint measured, edge to origin.
Origin · direct13.x.x.x

origin.examplebank.in

Certificate
RSA-2048
Key exchange
X25519
PQC
none
Reachable
from anywhere

Harvest now, decrypt later

CDN edge · what scanners seeCloudflare

examplebank.in

Key exchange X25519MLKEM768

Quantum-safe

Edge and origin · 02

One client, two routes.

The route through the edge negotiates ML-KEM and passes inspection. The second route goes straight to the origin and negotiates what the origin offers, which is classical. Traffic captured on it today can be decrypted once a large quantum computer exists.

SeQr probes both. It finds candidate origins and assesses them directly.

See the method, measurement paper section 4.6
CLIENTTLS 1.3, asks for PQCCDN EDGEX25519MLKEM768hybrid, passes scannersREPORTquantum-safeEXPOSED ORIGINRSA-2048 · X25519classical
Fig. 2. Packets on each route, looped while the figure is on screen.

How it works · 03

01

Discover

Point SeQr at a domain, mail server, SSH host or database. It actively probes TLS and certificates, finds origins hiding behind the CDN, and installs nothing.

02

Inventory

Every finding becomes a Cryptographic Bill of Materials in CycloneDX 1.6, the machine-readable inventory PCI DSS 12.3.3 and SEBI CSCRF now expect auditors to see.

03

Prioritise

See what to fix first for the hours you have, mapped to PCI DSS, SEBI CSCRF, RBI Q-SAFE and the DST roadmap, with the post-quantum replacement for each algorithm.

Live scan · 04

Inspect any domain.

The same scanner the platform uses, run against the public internet. Pick a recorded example or type a domain. Results take five to forty seconds.

Recorded examples

Inspection certificateRecorded 28 June 2026 · SeQr scanner

razorpay.com

TLS version
TLS 1.3
Certificate
RSA-2048
Key exchange
X25519
PQC, active probe
X25519MLKEM768
Deployment
Hybrid Deployed
CDN
Amazon CloudFront
Scanned
CDN edge in 31.3 s
Edge only

Crypto agility

6.5 / 10

Transition-ready

Hybrid post-quantum at the CDN edge. The certificate is classical and the origin is not assessed, so this is not end-to-end.

Findings · 2

AlgorithmLocationStatusTimelineReplace with
RSA-2048razorpay.com:443 (cert)vulnerableurgentML-DSA-65 (signing), ML-KEM-768 (key exchange)
X25519razorpay.com:443 (key exchange)vulnerableplannedML-KEM-768
Get the full audit

Why now · 05

The inventory is
already expected.

Two requirements are live today. Three more land before the end of 2027. Select a marker to read what each one asks for.

2025202620272028

PCI DSS 12.3.3

Since 31 March 2025

Mandatory now

Card-data environments must keep a documented inventory of cryptographic cipher suites and protocols, reviewed at least once a year. SeQr builds that inventory as a CycloneDX CBOM.

Plans · 06

Where should it run?

The SeQr platform

The full audit: active probing, the CBOM, the graph, remediation planning and reports.

  • Passive TLS, SSH and mail scanincluded
  • Active ML-KEM probe, the real numberincluded
  • CycloneDX 1.6 CBOM inventoryincluded
  • Origin discovery behind the CDNincluded
  • Crypto-asset graph and policy engineincluded
  • Remediation planner and signed bundlesincluded
  • Scan history and PDF reportsincluded
  • SSO with OIDC and SAMLincluded
  • Runs anywhere, no sign-upnot included
  • Discovery agent for internal systemsnot included
  • Zero data egress, offline licence, no telemetrynot included

Pricing depends on asset count and deployment. We quote after a short call, never before.

118

Financial-services domains measured for origin exposure, with 53 in the primary corpus for the handshake study. Every figure on this page comes from that work, with 95% confidence intervals.

PQC readiness of Indian financial services, measurement paper v1.0, 2026.

Read the paper data

Contact · 07

Find out before
your auditor does.

Leave a work email. We scan your public estate and walk you through it on a call.