@boyd1

The BDF and MAS exchanged digitally signed and encrypted emails using a PQC email plugin, achieving success with the existing internet infrastructure. This was done in accordance with post-quantum encryption standards established by the United States Department of Commerce National Institute of Standards and Technology in August. The MAS released a technical report highlighting the importance of this research in safeguarding the financial system against future threats. The report emphasized the 'harvest now, decrypt later' scenario, where adversaries could intercept and store encrypted data now, waiting for quantum computers to decrypt it in the future. The research also pointed out the need for additional standardization to ensure the confidentiality, authentication, and integrity of payment networks. Currently, there are no standards for hybridizing PQC security algorithms with existing public key infrastructure, digital certificates, and key exchanges.

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