The Quantum-Safe Mandate: Is Malaysia's Financial Sector Ready?

The Regulatory Reality

• Bank Negara Malaysia is strengthening expectations around cyber resilience, third-party risk and cryptographic governance, signalling increased board-level accountability and oversight of emerging technology risks.

• The financial sector is expected to begin post-quantum preparedness, including planning for “harvest now, decrypt later” risks.

• Most organisations still lack full visibility of cryptographic usage, key management and exposure across hybrid and cloud environments, creating resilience and governance gaps.

The next phase of cybersecurity is about structured readiness, measurable accountability and progressively demonstrable resilience.

“Many organisations will only realise their cryptographic exposure when today’s encryption is no longer enough to protect tomorrow’s data.”
OpenGov Asia

The Quantum-Safe Mandate: Is Malaysia's Financial Sector Ready?

As Malaysia advances towards a fully digital financial ecosystem, resilience is becoming a central regulatory expectation rather than a purely internal objective.

Bank Negara Malaysia is shaping industry direction by encouraging financial institutions to strengthen preparedness around:

• Board-level accountability for cyber and cryptographic risk 
• Demonstrable control over encryption, key management and third-party dependencies 
• Stronger incident response discipline and resilience reporting expectations 
• Clear articulation of how institutions are preparing for post-quantum risk scenarios

This is leading to a direct strategic question for financial institutions:

What does your post-quantum cryptography readiness look like and how are you progressing towards it?

Quantum computing is increasingly viewed as an emerging risk factor rather than a distant concept, prompting financial institutions to reassess how encryption, trust and data protection are structured across banking systems.

This is no longer a theoretical planning exercise. It is becoming part of early-stage regulatory expectation and enterprise risk consideration.

Financial institutions are therefore expected to move beyond awareness into structured preparation:

• Mapping and evidencing cryptographic exposure across payments, core banking and digital platforms 
• Identifying priority systems under “harvest now, decrypt later” risk exposure 
• Developing early-stage post-quantum transition roadmaps aligned to emerging guidance 
• Ensuring migration planning does not disrupt mission-critical banking operations 
• Establishing crypto-agility across vendors, infrastructure and key management systems 
• Strengthening governance and board-level visibility to support risk-informed decision making

An Exclusive Executive Discussion

• Chief Information Security Officers
• Chief Information Officers
• Chief Technology Officers
• Chief Digital Officers
• Chief Data Officers
• Chief Risk Officers
• Directors and Heads of Cybersecurity
• Directors and Heads of Cloud Security
• Directors and Heads of Compliance and Regulatory Affairs
• Directors and Heads of IT Infrastructure
• Directors and Heads of Enterprise Architecture

Info: OpenGov Signature! This hour-long interactive session will pose strategic questions to the audience to spark participation and deeper dialogue. The conversation will seamlessly extend to the speakers and panellists, creating a dynamic and insightful exchange of perspectives.

Info: From Cryptographic Blind Spots to Quantum-Safe Regulatory Compliance

As financial institutions expand across hybrid, multi-cloud and AI-driven environments, cryptography is becoming increasingly fragmented and difficult to govern. At the same time, quantum computing and AI-enabled threats are introducing risks that current encryption standards were never designed to address. 

- From fragmented cryptography to regulated visibility and governance
- Preparing for “harvest now, decrypt later” exposure under regulatory scrutiny
- Building crypto-agile, quantum-safe architectures aligned to Bank Negara Malaysia expectations

Event Venue & Nearby Stays

Malaysia, Kuala Lumpur, Malaysia

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