Hong Kong Monetary Authority and Hong Kong University of Science and Technology Launch Post-Quantum Cryptography Assessment Toolkit for the Banking Sector

Techub News News, the Hong Kong Monetary Authority and the Hong Kong University of Science and Technology, on Beijing time 11 month 2 day, announced the joint launch of a post-quantum cryptography assessment toolkit. The toolkit is designed to help the banking sector assess existing cryptographic systems and prepare for upgrade needs arising from future developments in quantum computing capabilities. The HKMA stated that this project helps identify system dependencies, prioritise the handling of sensitive data, and enhance the industry's response capabilities by 2030 year. (NewsBTC)