The Federal Reserve faces many distractions right now, from curbing inflation to keeping a vulnerable mid-size banking sector from roiling the financial system. But there’s one threat on the horizon that dwarfs them all. That’s the threat of a future quantum computer attack on our financial sector.
It’s a threat the White House and federal government is finally taking seriously, thanks to a series of executive orders released last year that tied the White House’s Zero-Trust Cybersecurity strategy to deadlines for federal agencies to plan for migrating to quantum-secure cyber solutions.
It’s time our financial industry brought the same mindset to the quantum threat, starting with the Federal Reserve.
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