HSBC readies for quantum era with crypto agility and industry pilots
Quantum computing has shifted from theoretical threat to structured planning across Singapore’s financial system. With the Monetary Authority of Singapore (MAS) issuing a formal advisory to CEOs on quantum cybersecurity, launching a readiness index with the Cyber Security Agency (CSA) and introducing a quantum track under the Financial Sector Technology and Innovation Scheme (FSTI) 3.0, institutions now operate with clearer expectations on cryptographic transition and capability uplift.
Singapore’s posture remains precautionary: regulators are preparing the financial sector for an eventual shift to post-quantum security even though timelines for mature quantum threats remain uncertain. While MAS has not…
