aiqbench takeQuantum Computing

The Hong Kong Monetary Authority's new Quantum Preparedness Index reveals a stark readiness gap in the banking sector, with only 23% prepared for quantum threats despite high awareness levels among institutions. This data highlights that while many banks are initiating pilots or planning phases, nearly half lack formal post-quantum strategies to protect encryption against future decryption capabilities. The report underscores an urgent need for accelerated implementation of migration plans as the theoretical risk becomes a concrete operational priority for global finance.

Source coveringQuantum Zeitgeist

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Hong Kong Monetary Authority whitepaper shows 68% of banks plan for quantum era.

Quantum ZeitgeistJuly 28, 20263 min read

The Hong Kong Monetary Authority (HKMA) announced today, 27 July, the launch of the Whitepaper on Quantum Preparedness of Hong Kong’s Banking Sector and the first Quantum Preparedness Index (QPI). A survey conducted in early 2026 suggests around 68% of banks demonstrate awareness or are progressing to planning or piloting stages for the quantum era.

The Hong Kong Monetary Authority has released its first Quantum Preparedness Index, revealing the banking sector currently scores 2.3 out of 10 in readiness for quantum-related cyber risks. A survey of banks conducted in early 2026 indicates that 68 percent are now aware of, or actively…

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