The Central Bank of Jordan announced the release of a sectoral roadmap for transitioning to quantum-resistant encryption in the financial and banking sectors. This strategic initiative aims to enhance future readiness in light of rapidly evolving technologies and the accompanying increasing cyber and operational risks. The move is part of efforts to strengthen Jordan’s position as a secure and trusted financial hub in the region and to ensure the continuity and security of the financial sector in facing future challenges.
اضافة اعلان
The roadmap is part of the Central Bank’s efforts to provide a safe and stable digital financial environment by enabling financial institutions to systematically prepare for the risks posed by quantum computing and its potential impact on current encryption systems. It aims to support the sector in building technical and regulatory readiness through a phased and well-planned approach to adopting quantum-resistant encryption solutions, in line with international best practices and recommendations from relevant authorities.
The roadmap focuses on establishing a clear and systematic path for a gradual transition to a technology environment capable of addressing quantum computing risks. This includes integrating quantum-related risks into institutional risk registers, strengthening governance, and building institutional capacity to support long-term transition. It also covers inventorying cryptographic assets, prioritizing migration based on risk assessments, ensuring effective change management to maintain business and service continuity, and conducting pilot tests of quantum-resistant encryption solutions in virtual and non-operational environments—leading to the full adoption of quantum-resistant systems within a defined timeframe.
The Central Bank emphasized the importance of coordination and integration among all stakeholders, including financial institutions, suppliers, and technical partners. It affirmed that this initiative reflects its proactive commitment to enhancing the readiness of the financial and banking sectors to meet future challenges, transitioning the sector to a quantum-resilient environment, in line with international cybersecurity best practices, while strengthening confidence in Jordan’s financial sector and preserving its long-term stability and competitiveness.
