The Monetary Authority of Singapore (MAS) and the Banque de France (BDF) have collaborated to experiment with post-quantum security measures. This collaboration aims to address the growing concerns over quantum computing's potential threat to current cryptographic security.
The initial focus of their joint experiment was on enhancing email security, specifically for payment networks. This is a crucial first step towards building more secure financial systems capable of withstanding future quantum computing capabilities.
By implementing quantum-proof security protocols, these monetary authorities are taking proactive measures to safeguard sensitive financial communications from potential exploits by advanced computing technologies.
