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G7 cyber group warns financial firms to prepare for quantum computing risk

Image of world leaders at a G7 event in Japan in 2023.
Photo: Stefan Rousseau – WPA Pool/Getty Images

The G7 Cyber Experts Group helps in setting cyber policy for the US, UK, Canada, France, Germany, Italy and Japan.

An international and intergovernmental group this week called on the financial sector to prepare for “impending threats” brought by developments in quantum computing.

The G7 Cyber Expert Group (CEG), which is chaired by the US Treasury Department and the Bank of England and advises G7 finance ministers and central bank