HKMA Publishes Quantum Readiness White Paper For Banks

Hong Kong Monetary Authority published its Hong Kong banking quantum readiness white paper on Wednesday and also released its first quantum readiness index and related support measures. The white paper and index are designed to deepen banks' understanding of quantum computing and help the industry plan early for related cyber risks. The move is part of the HKMA's fintech promotion roadmap, according to Ming Pao.