Treasury to help financial firms transition to quantum-resistant encryption
The government is concerned that hackers could someday decrypt financial information and other secrets using code-breaking quantum computers.
The government is concerned that hackers could someday decrypt financial information and other secrets using code-breaking quantum computers.
BELLINGS Intelligence Score: 62
Why it matters
The Treasury's initiative to assist financial firms in transitioning to quantum-resistant encryption represents a significant regulatory and structural development with broad implications for cybersecurity and risk management in the financial sector, potentially altering standards and practices industry-wide.
Sources
Banking Dive
Treasury to help financial firms transition to quantum-resistant encryption
The government is concerned that hackers could someday decrypt financial information and other secrets using code-breaking quantum computers.