FCA urges the financial industry to begin migrating to post-quantum cryptography
Start here
AI-assisted source synthesis · not an independent investigation.
On November 4, 2026, the UK Financial Conduct Authority (FCA) urged financial firms to immediately take stock of their existing cryptographic technologies and plan migration to post-quantum cryptography to address the security risks that quantum computing may pose in the future. The recommendations from the UK National Cyber Security Centre (NCSC), as relayed by the FCA, include completing migration plans by 2028, carrying out high-priority migrations by 2031, and migrating all systems, services, and products to post-quantum cryptography by 2035. The FCA also stated that it is piloting a regulatory self-assessment tool and will consult on cyber resilience guidance.
AI-written from reports · updated 3 hours ago
Timeline
Follow the reporting to see the different sides of the story.
- FCA (UK)SelectedFCA urges financial firms to immediately prepare for the migration to post-quantum cryptography
FCA urges financial firms to immediately take stock of their existing cryptographic technologies and plan their migration to address the security risks that future quantum computing may pose. NCSC recommends that firms complete migration planning by 2028, begin high-priority migrations by 2031, and migrate all systems, services and products to post-quantum cryptography by 2035. FCA also said it is piloting a regulatory self-assessment tool and will consult on cyber resilience guidance.
Heat over time
Current heat 9·Peak over the comparable range 10 (Nov 4 19:00)·Change over the comparable range in the last 24 hours –
Trends compare only the same entities that were fully and continuously observed, so the range can be narrower than the current heat statistics. Move the pointer or tap the chart to read hourly heat; arrow keys work on a keyboard.