Experts urge banks to prep for quantum’s reckoning
Mathematicians across the world warn that current encryption methods will be crackable by quantum computers inside the current decade, but banks have been reluctant to prepare.
According to industry experts, quantum computing researchers, and prominent mathematicians, every digital lockbox in the world that safeguards personal data, proprietary information, and other secrets will swing open in the next five years.
Current institutional encryption methods are secure enough to pose challenges to potential hackers, relying on mathematical problems that are extremely hard for classical computers to solve. For some of these problems, a classical computer would need thousands
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