Hong Kong's Central Bank Reports Low Quantum Preparedness in Banking Sector
The Hong Kong Monetary Authority (HKMA) published its first Quantum Preparedness Index, revealing a score of 2.3 out of 10 for the local banking industry. This indicates low readiness for the long-term security risks posed by quantum computing to modern finance and cryptography, including potential "harvest now, decrypt later" attacks. The HKMA aims to achieve a perfect score of 10 by 2030 and is developing tools and workshops to assist banks, as blockchains like Bitcoin and Ethereum also face similar risks.
Source:CoinDesk · Source Link
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