World Economic Forum: CBDC may face attacks from quantum computer systems and needs to be responded to

The World Economic Forum (WEF) recently issued a serious warning that central bank digital currencies (CBDCs) could be vulnerable to decryption attacks by quantum computer systems. Quantum computers are still largely experimental. Various proofs of concept exist, and a few labs claim to have solved problems tailored to quantum systems that traditional binary computers cannot solve in a reasonable amount of time. But it will take a long time for them to be truly realized. The WEF mentioned this danger in a May 21 blog post, saying that "central banks must embed cryptographic flexibility into CBDC systems to defend against quantum cyberattacks on payment infrastructure." (Cointelegraph)