Quantum computing is often treated as a distant, theoretical cybersecurity issue. According to Ronit Ghose, Global Head, Future of Finance of Citi Institute, that mindset is already putting financial institutions at risk. The biggest misconception, he says, is that quantum threats begin on a single future Q-day, when quantum machines suddenly crack encryption. In reality, adversaries can harvest encrypted data today and decrypt it later, creating long-term exposure for banks handling sensitive identity and transaction … More
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