Banks hit with $549 million in fines for use of Signal, WhatsApp to evade regulators’ reach - eviltoast

Banks hit with $549 million in fines for use of Signal, WhatsApp to evade regulators’ reach::Wells Fargo, a relatively small player on Wall Street, racked up the most fines Tuesday, with a total of $200 million in penalties.

  • plebonix@lemmy.world
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    1 year ago

    Quantum computers accessible only to the rich and powerful can’t get here soon enough…

    • snek_boi@lemmy.ml
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      1 year ago

      Are you saying that quantum computers could help the rich encrypt their communications better?

      • Beliriel@lemmy.world
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        1 year ago

        Haha the only thing a quantum channel does is verifying if a message has been altered (looking at a message alters it).
        Actual encryption that prevents the Shor algorithm from having a linear running time have been around for quite some time now and can be easily run on normal machines. NIST is just taking its sweet time to decide on one.