Quantum Risks to Financial Systems Discussed at UN Summit
- —NSA: new US national-security systems must support post-quantum algorithms from 2027
- —Incompatible systems will be phased out by 2030
- —The UN pension fund serves roughly 80,000 beneficiaries across 190 countries
- —NIST urges migration to finalized post-quantum standards before powerful quantum computers arrive
Why it matters: The "harvest now, decrypt later" threat affects blockchain records and crypto wallets, forcing a migration to post-quantum cryptography.
Source: BeInCrypto
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