Treasury to Help Financial Firms Transition to Quantum-Resistant Encryption

Treasury to help financial firms transition to quantum-resistant encryption

The government is concerned that hackers someday will be able to decrypt financial information and other secrets using code-breaking quantum computers.

Moody’s Backs Treasury Task Force as Quantum Threats Put Crypto on Alert

Over the last year, people have been urging the financial sector to prepare quantum readiness and this week, the U.S. Treasury published an announcement revealing a task force dedicated to post-quantum cryptography (PQC). Secretary of the Treasury Scott Bessent insisted that America’s economy must...

Treasury Launches Task Force To Prepare Finance For Quantum Threats

The U.S. Department of the Treasury announced the launch of the Quantum-Readiness Task Force, following President Donald J. Trump's Executive Order 14412, to strengthen cryptographic protections for America’s sensitive data, critical infrastructure, and digital economy. Secretary of the Treasury Scott Bessent stated this Task Force will help ensure the U.S. financial system remains strong, secure, and competitive as new technologies reshape the …

GSA and Treasury Launch Dual-Agency Post-Quantum Cryptography Initiatives for U.S. Federal & Financial Infrastructure

The General Services Administration (GSA) and the U.S. Department of the Treasury have announced dual initiatives to accelerate post-quantum cryptography (PQC) deployment across federal identity management systems, physical facility access, and financial sector networks. Grounded in OMB Memorandum M-26-15 and Executive Order 14412, the efforts establish operational frameworks and interagency workstreams to transition critical government [...] Th…