Experts emphasize the urgent need for businesses to adopt post-quantum cryptography amid the growing quantum computing industry.
During the "Count Down to Q-Day" panel in Vancouver, experts stressed the urgency for businesses to prepare for cybersecurity threats posed by the rise of quantum computing. Quantum computers could easily decrypt conventional encryption, risking financial and confidential data. To counter this, the adoption of post-quantum cryptography, which provides quantum-resistant algorithms, is essential. The quantum computing industry is projected to reach $131 billion by 2040, with significant advancements expected by 2029.
October 25, 2024
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