Bank for International Settlements (BIS) paper offers roadmap for addressing quantum threat in banking

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Bank for International Settlements (BIS) paper offers roadmap for addressing quantum threat in banking

By Bank for International Settlements (BIS)

The paper provides a framework to help the financial system transition to quantum-safe cryptographic infrastructure before quantum computers render current encryption obsolete. The paper emphasises urgent preparation through awareness campaigns and cryptographic inventory assessments, warning against treating this as a simple algorithm replacement.

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