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The financial sector should finalize its post-quantum cryptography transition circa 2034, G7 cyber experts said
CISA Says 2035 Quantum Deadline Remains Achievable Despite Recent BreakthroughsThe federal government’s 2035 mandate to adopt quantum-resistant encryption remains feasible despite technological advancements in quantum computing, a top official for the U.S. cyber defense agency told ISMG, but experts warn challenges such as bureaucratic delays and financial costs persist.
No time like the present, says central bank The Monetary Authority of Singapore (MAS) advised on Monday that financial institutions need to stay agile enough to adopt post-quantum cryptography (PQC) and quantum key distribution (QKD) technology, without significantly impacting systems as part of cyber security measures.…