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Think tank warns of quantum computing threat to financial services
Original: financial services
The Foundation for Defense of Democracies has published a piece titled 'Quantapocalypse' examining the risk quantum computing poses to financial services, particularly the potential to break the encryption underpinning banking and payments. The discussion centers on how urgently banks and regulators should move to quantum-resistant security before adversaries gain the capability.
Why now: Growing concern that quantum computing could break the encryption protecting the financial sector is driving attention to security preparedness.
Foundation for Defense of Democraciesfinancial services sector
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Evidence
- Quantapocalypse · Foundation for Defense of Democracies
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