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. The Task Force will help accelerate the U.S. financial sector’s transition to quantum-safe technology, as future quantum systems could break cryptographic tools protecting financial data.
Treasury launches task force to shield finance from quantum hacks
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. The Task Force will help accelerate the U.S. financial sector’s transition to quantum-safe technology, as future quantum systems could break cryptographic tools protecting financial data.