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HKMA and HKUST launch PQC Toolkit for bank quantum preparedness

HKMA and HKUST launch PQC Toolkit for bank quantum preparedness

Photo: Blockchain.News

The Hong Kong Monetary Authority and The Hong Kong University of Science and Technology have launched a Post-Quantum Cryptography Toolkit aimed at helping banks plan their transition to quantum-safe cryptography, building on the HKMA’s earlier assessment that the sector’s readiness remains at an early stage. In a statement dated 2 November, the HKMA said the toolkit was developed with support from industry participants and is intended to give banks a structured framework for their post-quantum cryptography, or PQC, transition journeys.

Source: Blockchain.News

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