Published by: World Economic Forum
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Key Take Aways
The transition toward a quantum economy presents both transformational opportunities and cybersecurity risks for the financial sector, necessitating a proactive, coordinated approach.
Quantum computing could significantly enhance risk management and portfolio optimization but may also render current encryption infrastructure obsolete, threatening data security and trust.
Global regulators and industry stakeholders recognize the urgency to develop harmonized, cross-jurisdictional regulations to mitigate risks posed by quantum-enabled cyber threats.
A phased roadmap—prepare, clarify, guide, transition and monitor—serves as a strategic guide for the financial sector’s journey to a quantum-secure future.
Four guiding principles—reuse and repurpose, establish non-negotiables, increase transparency, and avoid fragmentation—are essential for aligning industry and regulatory efforts.
The risk of "Harves...
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