Complying with Advisory On Addressing The Cybersecurity Risks Associated With Quantum in Singapore
Thales helps financial institutions address the initiatives to attain crypto-agility.
On 20th February 2024, The Monetary Authority of Singapore (MAS) issued Circular No. MAS/TCRS/2024/01 on Advisory On Addressing The Cybersecurity Risks Associated With Quantum (“Advisory”) to CEOs of financial institutions (“FIs”), urging them to address cybersecurity risks arising from developments in quantum computing, and highlights mitigating measures that financial institutions should consider.
As one of the leaders in data security, Thales helps FIs address the three initiatives to attain crypto-agility.
Regulation Overview
The MAS Advisory sets the scene by highlighting the recognized risks associated with the advent of quantum computers – specifically the threat posed to conventional asymmetric cryptography used widely in today's public key infrastructure with two core recommendations on attaining cryptographic agility and implementing quantum security.
The advisory highlights three initiatives to attain crypto-agility that FIs should consider as part of their quantum transition efforts:
Thales is committed to delivering solutions that support a Post-Quantum crypto agile strategy and secure FIs against quantum threats requires cybersecurity solutions that support Quantum Resistant Algorithms (QRA), and also offer options for Quantum Key Distribution (QKD) and Quantum Random Number Generation (QRNG).
FIs can address the initiatives to attain crypto-agility with Thales.
Advisory on Quantum | Thales Solutions |
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1. Keeping abreast of the latest developments in quantum computing | |
| Thales Luna HSMs and High-speed Encryptors provide a crypto-agile approach to ensure PQC-readiness for FIs.
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2. Maintaining an inventory of cryptographic assets | |
| FIs can achieve crypto-agility and maintain the inventory of cryptographic assets with Thale’s key management and quantum-safe solutions.
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3. Developing strategies and building capabilities to address cybersecurity risks associated with quantum | |
| PQC starter kit allows FIs to develop and build capabilities to test quantum-safe solutions safely. Thales PQC starter kit that partners with Quantinuum accelerates the process of testing quantum-resilient measures in a safe environment. The kit helps you set up a trusted environment in a trusted Luna HSM to test PQC-ready keys to understand the implications of these changes for your infrastructure without impacting key management processes in production environments. |
On 20th February 2024, The Monetary Authority of Singapore (MAS) issued Circular No. MAS/TCRS/2024/01 on Advisory On Addressing The Cybersecurity Risks Associated With Quantum (“Advisory”) to CEOs of financial institutions (“FIs”), urging them to address cybersecurity risks...
This ebook shows how Thales data security solutions enable you to meet global compliance and data privacy requirements including - GDPR, Schrems II, PCI-DSS and data breach notification laws.
전통적으로 조직은 주로 경계 방어에 IT 보안을 집중했기 때문에 벽을 세워 외부 위협이 네트워크에 진입하는 것을 차단했습니다. 경계 방어는 여전히 중요하지만 충분하지는 않습니다. 사이버 범죄는 주기적으로 경계 방어를 뚫고 있으며 데이터는 클라우드 방어 경계 외부 어딘가에 있는 경우가 많으므로, 조직은 데이터가 어디에 있든 데이터를 보호하는 데이터 중심 보안 전략을 적용해야 합니다. 오늘날 급증하는데이터, 진화하는 글로벌 및 지역 개인정보 보호 규제, 클라우드 채택의 증가, 지속적인 지능형...