Mumbai, Oct. 8 -- Tuhin Kanta Pandey, Chairman of the Securities and Exchange Board of India (SEBI), on Wednesday highlighted the potential threats posed by quantum computing to current digital security systems.

"...Wherever in the financial sector or somewhere else, Cryptography is our standard used key for passwords, we need to prepare for it and work for cryptography-proof passwords, as after the introduction of Quantum computing, Cryptography will break," Pandey said, speaking to the reporters on the sidelines of ongoing Global Fintech Fest 2025 (GFF) in Mumbai.

Cryptography is a technique of securing information and communications using codes to ensure confidentiality, integrity and authentication. Thus, preventing unauthorized acc...