The Central Bank of Jordan has published a sector roadmap to support the financial and banking sectors’ transition to quantum-resistant encryption, positioning the move as a strategic step to address growing cyber and operational risks as technology evolves and quantum computing advances. The roadmap sets out a phased, structured approach aligned with international best practices and relevant reference-body recommendations. It calls for institutions to incorporate quantum-computing-related risks into enterprise risk registers and strengthen governance, build organisational capabilities for long-term transition, inventory cryptographic assets, and prioritise migration based on risk assessment. It also includes change-management expectations aimed at maintaining business and service continuity, trialling quantum-resistant solutions in virtual and non-production environments, and progressing to full migration within a defined timeframe. The Central Bank of Jordan also underscores the need for coordination across financial institutions, vendors, and technology partners to implement the transition pathway.
Central Bank of Jordan issues roadmap for financial and banking sectors to migrate to quantum-resistant encryption
The Central Bank of Jordan released a roadmap for transitioning to quantum-resistant encryption, addressing cyber and operational risks. It outlines a phased approach aligned with international best practices, urging institutions to integrate quantum-computing risks into risk registers, enhance governance, and prioritize cryptographic asset migration. It emphasizes coordination among financial institutions, vendors, and technology partners for effective implementation.