pc
nid 93895
Jul 10, 2026
tojuri@vixio.com
Switzerland
Swiss Financial Market Supervisory Authority FINMA
financial services
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1752 charsSwiss Financial Market Supervisory Authority Publishes Quantum Computing Guidance
On July 9, 2026, the Swiss Financial Market Supervisory Authority (FINMA) published guidance on quantum computing addressing the opportunities and risks posed by quantum computers to Swiss financial institutions.
FINMA conducted a survey of 60 Swiss financial institutions between November 2025 and January 2026 to assess their preparedness for quantum computing threats. The survey revealed that while institutions recognise the cyber risks posed by cryptographically relevant quantum computers, most lack a clear roadmap and sufficiently forward-looking planning for migration to quantum-safe encryption. FINMA determined that action is needed in the risk management processes of numerous institutions to continue meeting operational risk and resilience requirements.
The guidance outlines measures for addressing cyber risks posed by cryptographically relevant quantum computers. These include: establishing a clear strategy and roadmap for migrating to quantum-safe encryption; conducting institution-specific risk analysis; creating a cryptographic inventory; protecting critical data against "harvest now, decrypt later" attacks; involving external service providers in migration planning; and transitioning to crypto-agility. FINMA emphasises that these measures are intended to strengthen the Swiss financial centre's reputation and resilience, enabling institutions to reliably protect their business processes as powerful quantum computers become available.
The guidance is available in German, French, Italian, and English. Financial institutions should review the guidance and assess their current quantum computing preparedness against FINMA's recommended measures to ensure compliance with operational risk and resilience requirements.
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1822 charsSwiss Financial Market Supervisory Authority Publishes Quantum Computing Guidance
On July 9, 2026, the Swiss Financial Market Supervisory Authority (FINMA) published FINMA Guidance 05/2026 on quantum computing addressing the opportunities and risks posed by quantum computers to Swiss financial institutions.
FINMA conducted a survey of 60 Swiss financial institutions between November 2025 and January 2026 to assess their preparedness for quantum computing threats. The survey revealed that although institutions recognise the cyber risks posed by cryptographically relevant quantum computers, most lack a clear roadmap and sufficiently forward-looking planning for migration to quantum-safe encryption.
FINMA determined that action is needed in the risk management processes of numerous institutions to continue meeting operational risk and resilience requirements. The guidance outlines measures for addressing cyber risks posed by cryptographically relevant quantum computers. These include:
Establishing a clear strategy and roadmap for migrating to quantum-safe encryption.
Conducting institution-specific risk analysis.
Creating a cryptographic inventory.
Protecting critical data against "harvest now, decrypt later" attacks.
Involving external service providers in migration planning.
Transitioning to crypto-agility.
FINMA emphasises that these measures are intended to strengthen the Swiss financial centre's reputation and resilience, enabling institutions to reliably protect their business processes as powerful quantum computers become available. FINMA encourages early engagement with and mitigation of the risks posed, particularly given the complexity and time required for the migration to quantum-safe encryption technologies, the interdependencies between service providers and financial institutions, and the already very real risk of "harvest now, decrypt later" attacks.