As post-quantum cryptography (PQC) becomes integrated into mainstream information technology (IT) products and services, financial services institutions must begin to execute their transition strategies.
This document provides actionable guidelines to incorporate quantum safety into existing risk management frameworks by assessing the ‘Migration Priority’ based on the ‘Quantum Risk’ and ‘Migration Time’ of business use cases and highlighting opportunities for immediate execution. A critical first step is to inventory all business use cases that rely on public key cryptography.
Read more…
Source: Europol
Sign up for the Cyber Security Review Newsletter
The latest cyber security news and insights delivered right to your inbox
Related:
- Cyber criminals claim to have private information of 20 million people who signed up to Co-op’s membership
May 2, 2025
Cyber criminals have told BBC News their hack against Co-op is far more serious than the company previously admitted. Hackers contacted the BBC with proof they had infiltrated IT networks and stolen huge amounts of customer and employee data. After being approached on Friday, a Co-op spokesperson said the hackers “accessed data relating to a significant ...
- TikTok fined €530M for EU data breach
May 2, 2025
TikTok has been hit with a €530 million penalty by the Irish Data Protection Commission (DPC) for violating EU privacy laws following a probe into the platform’s transfer of European user data to China. The watchdog found that the company breached the bloc’s data protection rules through unlawful transfers of European user data to China, giving ...
- Dating app Raw exposed users’ location data and personal information
May 2, 2025
A security lapse at dating app Raw publicly exposed the personal data and private location data of its users, TechCrunch has found. The exposed data included users’ display names, dates of birth, dating and sexual preferences associated with the Raw app, as well as users’ locations. Some of the location data included coordinates that were specific ...
- Health insurance firm Blue Shield data breach exposed data of over 4.7 million members
April 24, 2025
Health insurance firm Blue Shield has revealed a data breach has exposed protected health data of over 4.7 million members. The information was leaked to Google’s analytics and advertisement platforms following a misconfiguration of Google analytics on Blue Shield sites. “On February 11, 2025, Blue Shield discovered that, between April 2021 and January 2024, Google Analytics ...
- Two Pentagon officials fired amid sweeping leak investigation
April 20, 2025
The week of turmoil affecting the Pentagon’s inner circle continued Friday, when two political appointees suspended earlier this week were terminated, multiple officials told CBS News. Secretary of Defense Pete Hegseth’s chief of staff, Joe Kasper, ordered an investigation into unauthorized disclosures in March. His memo said the investigation would seek “a complete record” of leaks ...
- EU gives staff ‘burner phones, laptops’ for US visits
April 15, 2025
The European Commission is giving staffers visiting the US on official business burner laptops and phones to avoid espionage attempts, according to the Financial Times. The use of clean and locked-down hardware is common practice for anyone visiting China, Russia, and other states where aggressive electronic surveillance is expected. Apparently the European Union has added the ...