...but it only gets a paragraph in their report:

Quantum computing is another significant emerging risk area on the horizon, as quantum computing capabilities could render some of the encryption standards that are most widely used by financial institutions obsolete. The introduction of post-quantum cryptography, or encryption algorithms that remain viable once quantum computing is available, will provide new solutions for protecting the integrity and confidentiality of data. Several federal agencies have highlighted steps that institutions can take now to prepare for the cryptographic risks associated with quantum computing. For example, in 2023, the Cybersecurity and Infrastructure Security Agency, National Security Agency, and National Institute of Standards and Technology published “Quantum- Readiness: Migration to Post-Quantum Cryptography,” which informs institutions about quantum capabilities and promotes a proactive approach for institutions to take now by instituting a “Quantum-Readiness Roadmap” to prepare for post-quantum cryptography migration.52 The National Institute of Standards and Technology finalized its initial set of quantum-resistant encryption algorithms in August 2024.53 As discussed previously, the Federal Reserve has participated with the G-7 Cyber Expert Group on the release of two informational publications related to the migration to post-quantum cryptography in the financial sector.

Sounds like a fairly generic statement.