# Banks to build quantum and AI security plans

> Banks must create sector-wide quantum transition and AI resilience frameworks by 2027 to prevent data breaches.
- Title: Banks to build quantum and AI security plans | Shortify
- Summary: Banks must create sector-wide quantum transition and AI resilience frameworks by 2027 to prevent data breaches. The Indian government requires banks to…
- Keywords: quantum transition, ai resilience framework, bfsi sector, state bank of india, finance ministry, post-quantum cryptography, Banks, build, quantum, security, plans, The Economic Times
- Source: The Economic Times — https://economictimes.indiatimes.com/industry/banking/finance/banking/govt-asks-banks-to-develop-a-sector-wide-quantum-transition-along-with-an-ai-resilience-framework/articleshow/134772123.cms
- Author: Dheeraj Tiwari
- Published: 2026-10-07T17:53:00+00:00
- Read time: 1 min
- Topics: quantum transition, ai resilience framework, bfsi sector, state bank of india, finance ministry, post-quantum cryptography
## Government directs banks
The government has directed banks to develop a sector-wide quantum transition and AI resilience framework for critical information infrastructure.

> Banks are internally discussing the matter, and a working group under the State Bank of India chairman is looking into it
## Quantum threats to banking data
Cyber adversaries may stockpile encrypted banking data under 'harvest now, decrypt later' campaigns for future quantum decryption.

> harvest now, decrypt later
## Banks to prepare for quantum security
Banks must assess post-quantum vulnerabilities and initiate mitigation measures by 2027 for critical information infrastructure.

> by 2027, for critical information infrastructure, relevant ministries and regulators are to establish and maintain their cryptographic asset repositories
## Quantum readiness timeline
Banks must begin preparing for post-quantum cryptography migration immediately as most institutions remain in early stages of quantum preparedness.

> most banking institutions remain in the early stages of quantum preparedness
## Key takeaway

The Indian government requires banks to develop quantum-safe security and AI resilience strategies by 2027 to protect critical financial data from future quantum decryption threats.