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MAS Warns Financial Institutions of Quantum Computing Cyber Threats

Fintech News

The Monetary Authority of Singapore (MAS) has cautioned financial institutions on the cybersecurity vulnerabilities introduced by the advent of quantum computing. However, they also pose a significant threat to the integrity of widely-used encryption methods, putting financial transactions and sensitive information at risk.

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Mastercard Launches Cyber Resilience Center in Saudi Arabia

Fintech Finance

Riyad Bank has joined as the first partner and will collaborate with Mastercard on training programs, risk evaluations, and the adoption of global cybersecurity standards. It will also serve as a catalyst for expanding local cybersecurity talent and fostering a culture of continuous learning and improvement.

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