Treasury warns future quantum systems could break cryptographic tools protecting financial data and payment systems.
“Quantum computing has the potential to transform science and technology, but it also poses a long-term cybersecurity challenge because future quantum systems could break many of the cryptographic tools that protect financial data, payment systems, digital identities, and market infrastructure.”
Bessent warns that future quantum systems could break current cryptographic tools protecting financial data.
“Quantum computing has the potential to transform science and technology, but it also poses a long-term cybersecurity challenge because future quantum systems could break many of the cryptographic tools”