NEW DELHI, Mar 27: Google has issued a significant warning that rapidly advancing quantum computers could be capable of cracking today’s encryption systems as early as 2029, posing a potential cybersecurity crisis for banks, governments, and communication networks.
According to Google’s security team, although fully functional quantum machines with sufficient qubits are still under development, the pace of research suggests a future where stored encrypted data may be at risk of “store now, decrypt later” attacks.
Experts call for organisations to begin transitioning now to post‑quantum cryptography encryption methods designed to withstand quantum decryption attempts to safeguard sensitive information.