QUANTUM THREAT INTELLIGENCE
Royal Bank of Canada appointed Dr. Elizabeth Iwasawa as its first Director of Quantum and set up multiyear partnerships with the University of Waterloo and the University of Toronto, according to The Quantum Insider. The report says RBC is protecting client data through migration to post-quantum cryptography and quantum key distribution. When the country's largest bank puts a named leader behind post-quantum migration, regional institutions and credit unions should expect regulators and payment partners to ask the same question.
Every advance in quantum computing shortens the window for migrating long lived infrastructure off quantum-vulnerable encryption, and data captured today can be decrypted later. Fabric Networks helps energy, government, telecom and community networks move to quantum-safe encryption on their own timeline, not an adversary's.