Hong Kong banks in early stages of preparing for quantum computing threats, HKMA says

Hong Kong's banking regulator launched a Quantum Preparedness Index scoring the sector 2.3 out of 10, revealing most banks are still in early stages of preparing for quantum computing threats to encryption standards. The HKMA aims for full readiness by 2030 and will provide a post-quantum cryptography toolkit and technical workshops to accelerate sector transition.

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