Home Industry Payment and Card FS-ISAC Issues Guidance on Qua...
Payment and Card
Business Fortune
10 March, 2025
The Financial Services Information Sharing and Analysis Center (FS-ISAC) has released guidelines to assist the payment card sector in reducing the dangers associated with quantum computing as research into the technology picks up speed.
The technology will allow for considerably speedier and more intricate business procedures in the credit card sector once quantum computers are generally accessible. However, the non-profit FS-ISAC cautions that it will also crack several forms of data encryption that the sector uses to protect consumer payments.
Papers detailing the difficulties and dangers that the payment card industry faces from quantum computing, as well as strategies for quantum-resilient transformation, have been released by the center's cryptography working group.
One of the articles addresses important measures for preserving cyber hygiene and putting quantum-resilient encryption into practice. It suggests safe coding techniques, frequent system upgrades and patches, stringent monitoring and auditing, thorough risk assessments to find vulnerabilities, encryption of sensitive data during storage and transmission, and strong access restrictions to limit access to cardholder data.
In order to ensure the continued security of the post-quantum PCI environment, it also emphasizes the significance of mitigation techniques to lessen quantum-related dangers and improve detection and response capabilities to successfully handle adversarial assaults.