**News Flash: Singapore and France Tackle Quantum Threats in Finance**
The Monetary Authority of Singapore (MAS) and Banque de France (BDF) have successfully conducted an experiment using post-quantum computing (PQC) to safeguard payment networks against potential quantum computing threats. By securing emails on Microsoft Outlook with a PQC plugin, they demonstrated the feasibility of integrating PQC into the global banking system.
This initiative is crucial for future-proofing financial communications, addressing the "harvest now, decrypt later" threat. However, challenges remain, such as the need for larger PQC keys and international standardization. The agencies plan to continue exploring these issues in future research phases.