IBM executive warns of risk of quantum computing hacks
Organisations are unprepared for the risks posed by quantum computing, IBM's Europe and Africa vice-Wednesday, referring to the high-speed technology that could crack security encryptions and enable large-scale cyberattacks. I would say less than 10 percent today," Curioni said on the sidelines of a London conference organised by the American technology pioneer.
IBM’s vice president for Europe and Africa, Alessandro Curioni, warned on Wednesday that organizations are largely unprepared for the risks associated with quantum computing. Speaking on the sidelines of a conference in London, Curioni stated that less than 10 percent of organizations have become quantum-safe.
The high-speed technology has the potential to crack security encryptions and enable large-scale cyberattacks, according to Economic Times Tech and Phys.org. While quantum computing machines could help solve complex problems like the development of new materials or drugs, they could also be used to break the encryptions that protect communications and vital data.
Phys.org reports that IBM is working to develop a large-scale, fault-tolerant quantum computer for commercial clients by 2029. This machine would aim to perform calculations beyond the capabilities of classical computers by using the properties of quantum physics.
Brief written by urgent.news from Economic Times Tech, Phys.org — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.
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