Quantum Computing Threatens $12.4 Trillion in Digital Assets by 2035, Report Warns
16 hours agoTech
52LENS
1 SourcesGeneva, Switzerland
TBNthebalanced.news
Quantum Computing Threatens $12.4 Trillion in Digital Assets by 2035, Report Warns

A new economic analysis from Synergy Quantum warns of a potential $12.4 trillion global digital asset crisis by 2035 due to the approaching capability of quantum computers to break current encryption, possibly by 2028. The report highlights "Harvest Now, Decrypt Later" attacks, where adversaries collect data for future decryption. Experts emphasize the urgency, citing recent quantum computing advancements and the accumulating sovereign risk from unprotected data, which could include sensitive military, infrastructure, and financial information.

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