Given the critical relevance of economic and commercial power to international relations, CSIS researchers explore the nexus between economics and national security, providing recommendations to sustain economic advantages and drive competitiveness.

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Photo: ANGELA WEISS/AFP/Getty Images

Photo: ANGELA WEISS/AFP/Getty Images

Is the U.S. Banking System Ready for a Post-Quantum Future?

Sultan Meghji argues that the hardest cryptographic deadline facing U.S. banks is being set by SWIFT and foreign supervisors, not Washington. Adversaries are harvesting encrypted financial traffic now. Three of the four fixes require no new statutory authority.

Commentary by Sultan Meghji — September 17, 2026

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Experts


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Phil Luck
Director, Economics Program and Scholl Chair in International Business
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Scott Kennedy
Senior Adviser and Trustee Chair in Chinese Business and Economics
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Kate Koren
Deputy Director, Economics Program and Scholl Chair in International Business
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Shreya Nath
Senior Fellow, Chair on India and Emerging Asia Economics
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Karl Smith
Senior Fellow, Economic Security and Technology Department
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Hugh Nolan Grant-Chapman
Fellow, Economics Program and Scholl Chair in International Business
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Aman Thakker
Fellow, Chair on India and Emerging Asia Economics