**[Cybersecurity Experts Warn of Quantum Computer Threat to Public Encryption Systems](https://www.youtube.com/watch?v=VIDEO_ID)**
In this informative video, cybersecurity experts and technology policy officials, including those in the White House, discuss the growing realization that quantum computers pose a significant threat to existing public encryption systems. They emphasize the urgent need for action to ensure America’s key infrastructure is quantum ready and secure.
The discussion is led by Hudson Senior Fellow and Director of the Quantum Alliance Initiative (QAI), Arthur Herman, and QAI Associate Director Alex Butler. They delve into their most recent report, which highlights the potential consequences of a future quantum computer attack on the Federal Reserve’s Fedwire Funds Service. This service facilitates large-scale interbank transactions, making it a critical component of the financial system.
Joining the conversation are Alex Pollock, Senior Fellow at the Mises Institute and former Deputy Director of the Treasury Department’s Office of Financial Research, and John Prisco, CEO and Founder of Quantum Safe Inc. Together, they shed light on the implications of the report for the future of our financial system.
Key Topics Covered:
– Understanding the threat of quantum computers to public encryption systems
– The role of the Quantum Alliance Initiative in assessing national and economic security
– The potential impact of a quantum computer attack on the Federal Reserve’s Fedwire Funds Service
– Exploring the implications for the future of quantum technology and cryptography
– Strategies for protecting against a future quantum attack on critical infrastructure
**Source Links:**
– [Hudson Institute](https://www.hudson.org/about/)
– [Quantum Alliance Initiative](https://www.hudson.org/projects/1782-quantum-alliance-initiative)
– [Mises Institute](https://mises.org/about)
– [Quantum Safe Inc.](https://www.quantumsafe.com/about)
– [Federal Reserve](https://www.federalreserve.gov/)
– [Federal Reserve’s Fedwire Funds Service](https://www.frbservices.org/financial-services/fedwire/fedwire-funds-service/index.html)
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Cybersecurity experts and technology policy officials, including those in the White House, are realizing that quantum computers will pose a significant threat to existing public encryption systems and that they need to act now to make America’s key infrastructure quantum ready and secure.
Join Hudson Senior Fellow and Director of the Quantum Alliance Initiative (QAI) Arthur Herman and QAI Associate Director Alex Butler as they discuss their most recent report. This publication details the potential consequences of a future quantum computer attack on the Federal Reserve, specifically the Fedwire Funds Service, which facilitates large-scale interbank transactions.
Mises Institute Senior Fellow and former Deputy Director of the Treasury Department’s Office of Financial Research Alex Pollock, and John Prisco, CEO and founder of Quantum Safe Inc., will discuss the implications of the report for the future of our financial system.
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