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Quantum Computing Milestones Prompt Early Upgrades to Post-Quantum Encryption

 ·  1 min read

Global financial service firms have initiated large-scale audits of public-key infrastructure ahead of mandated transitions to post-quantum cryptography standards.

Implementation Timelines and Costs
Upgrading legacy enterprise resource planning systems and encrypted databases to support lattice-based cryptographic algorithms is projected to cost tier-one banks upwards of $100 million each over a five-year period.