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All issuesVolume 340, Issue 5IT Vendor NewsRed Hat

No Time to Lose: Why Post-Quantum Security for Financial Services Must Start Now

Red Hat, Wednesday, July 29th, 2026

Red Hat argues financial services cannot defer post-quantum migration given long data confidentiality horizons.

The transition to post-quantum cryptography is becoming an urgent priority for the global financial sector as quantum computing advances.

Cryptographically relevant quantum computers exist only as research prototypes, but their eventual development threatens data being intercepted and stored today.

Red Hat argues financial services face the shortest deadline because confidentiality requirements often span decades.

The post covers where to start, including cryptographic inventory and identifying long-lived secrets. It addresses the practical sequencing of migration across a large estate.

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