Thursday, 16 October, 2025
SEBI Chief Warns Quantum Computing Could Trigger Economic Disruption
SEBI Chairman Tuhin Kanta Pandey cautioned that quantum computing poses a cybersecurity threat comparable to the Y2K crisis. Quantum machines could potentially render existing encryption standards obsolete, jeopardizing sensitive data across financial systems, government communications, and digital identities. Experts warn of adversaries "harvesting now, decrypting later," and urge India to establish a coordinated national framework to prepare for post-quantum security challenges.
Read full story at Economic Times