💨 Abstract

The Europol-led Quantum Safe Financial Forum has issued a call to action, urging Europe's financial sector to prepare for quantum computers that could potentially break encryption used to protect sensitive data within the next 10 to 15 years. The forum, which includes representatives from U.S., European, and British central banks, along with major financial institutions, recommends that financial institutions identify vulnerable cryptographic standards and develop plans to change operations accordingly.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖