POWERFUL QUANTUM COMPUTING POSES SERIOUS RISKS AS WELL AS SOLUTIONS TO ANTI-MONEY LAUNDERING SECTOR
April 2nd, 2020
CYBER-security specialists are warning that AML/CFT officers, law enforcers and IT security managers must prepare now for emerging threats posed by quantum computers, which are already available on the cloud and whose power will grow exponentially in the coming decade. Quantum computing could deliver water-tight solutions for financial institutions seeking dirty and terror money flows, but it could also create hacking tools that could break the toughest IT and cyber-security systems.
Quantum computing is here. Google last October announced it had developed a ...
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