"Why Banks Should be Taking Quantum Security Very Seriously"

According to Elshan Kashefi, UK's National Quantum Computing Centre Chief Scientist, banks should be concerned about quantum security. Kashefi warned of the immense threat quantum computers pose before they are even fully functional. Today, cybercriminals are stealing encrypted data in bulk to decrypt it with a quantum device in the future. These Harvest Now, Decrypt Later (HNDL) attacks put today's sensitive information at risk of theft. Due to their large and varied data, financial institutions are prime targets for these attacks. Quantum computers pose the biggest cyber threat to banking and financial infrastructures before they exist. This article continues to discuss insights into the importance of quantum security for banks.

Infosecurity Magazine reports "Why Banks Should be Taking Quantum Security Very Seriously"

Submitted by grigby1