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DTCC: Outlines post-quantum security risks & considerations for the financial industry

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DTCC: Outlines post-quantum security risks & considerations for the financial industry

  • DTCC is the premier post-trade market infrastructure for the global financial services industry
  • As quantum computing creates vast new possibilities to analyze and solve complex problems that are unsolvable by computers
  • Issued a white paper that brings this risk into focus, while identifying initial steps organizations
  • Experts estimate that quantum-based computers will one day have the power to break the industry’s existing cryptography
  • Some experts estimate that the industry’s protected data could become vulnerable within the next decade
  • The firm also suggests closely monitoring activities taking place within the regulatory community that address topics like standardization

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