Hi All
Singapore has issued a warning to its banks and financial institutions, urging them to prepare for the emerging cyber threats posed by quantum computing. This move underscores the urgency to bolster cybersecurity measures in anticipation of quantum computing’s potential to break traditional encryption methods.
Key Highlights:
- Singapore is building a National Quantum-Safe Network for robust cybersecurity.
- The network aims to protect critical infrastructure and sensitive data.
- It involves comprehensive public-private partnerships for its development and implementation.
- The initiative includes deploying quantum key distribution and post-quantum cryptography.
- Over S$8.5 million allocated for the project over three years with more than 15 collaborators.
https://pc-tablet.com/singapore-alerts-banks-to-brace-for-quantum-computing-cyber-threats/?utm_campa...
Has your organisation started the journey?
Regards
Caute_Cautim
