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U.S. Treasury Boosts Quantum Readiness

U.S. Treasury Boosts Quantum Readiness

A report details the U.S. Department of the Treasury's plan to establish a task force dedicated to enhancing the financial sector's readiness to face the risks posed by quantum computing. The goal is to protect data and infrastructure from potential breaches. The team will focus on transitioning to quantum-resistant encryption technologies, coordinating measures between the public and private sectors, and assessing the risks associated with digital assets and emerging technologies. The overall aim is to ensure the security and continuity of the financial system amidst the rising cybersecurity threats resulting from advancements in quantum computing technologies.

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