CONNECT WITH US
Fintech

Fintech

MCMC to Explore Quantum-Safe Encryption With Telcos, Security Agencies

Fintech News Malaysia logo

Published on

Add as a preferred source on Google
MCMC to Explore Quantum-Safe Encryption With Telcos, Security Agencies

Malaysia is weighing plans to accelerate its shift to quantum-safe encryption as new cybersecurity threats emerge.

Communications Minister Fahmi Fadzil has asked the Malaysian Communications and Multimedia Commission (MCMC) to explore the proposal with key agencies and telecom companies.

The discussions will involve the National Security Council (MKN) and National Cyber Security Agency (NACSA), Bernama reported.

They will explore setting up a research and development space to support a faster and more secure transition.

Fahmi raised the proposal after reviewing new technologies at Mobile World Congress Doha 2026.

He warned that advances in quantum computing could eventually undermine existing encryption methods used to protect sensitive data.

Quantum migration involves upgrading cryptographic systems to withstand potential attacks from sufficiently powerful quantum computers.

The proposal comes as Malaysia reviews security risks across critical national infrastructure.

Prime Minister Anwar Ibrahim has directed a broader cybersecurity assessment covering government assets, banking institutions and government-linked companies.

The review will examine potential threats to internet infrastructure, websites and databases.

Fahmi said no data theft or disruption to online banking operations had been detected.

Featured image: Edited by Fintech News Malaysia, based on images by ShafKass via Wikipedia and atlascompany via Magnific



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.