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PayPal and QuSecure - Protecting Blockchain, Crypto, and Digital Currencies Against Quantum & AI Decryption Threats

PayPal's Larry Wade, head of risk and compliance, on quantum and AI decryption threats to cryptocurrencies and central bank digital currencies.

1 min read
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Guest presenter

  • Larry Wade Head of Risk & Compliance, PayPal

This webinar focused on quantum-resilient encryption and its critical role in safeguarding financial transactions. As quantum computing and AI advance, the threat to our digital asset ecosystem grows exponentially, potentially compromising financial transactions and data, cryptocurrencies like Bitcoin and Ethereum, and even central bank digital currencies.

We explored these pressing issues and discussed QuSecure’s innovative solutions to counteract these emerging threats. The presentation featured a fireside chat with Larry Wade, Director - Head of Risk & Compliance at PayPal, who shared his insights on the impact of cyber-attacks on various financial instruments, including stablecoins like PayPal USD, non-fungible tokens, DeFi, and traditional finance products such as the recently approved spot Bitcoin ETFs.

Key topics included:

  • The key risks and impacts of quantum and AI attacks on the blockchain and digital asset ecosystem

  • Strategic pathways to prepare institutions, governments, and consumers, encompassing technological upgrades and regulatory engagement

  • Expert recommendations for establishing robust governance and oversight protocols

You can get a walkthrough of cryptographic discovery, runtime remediation, and audit-ready reporting on systems like yours.

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