In brief
- The G7 says organizations should begin migrating to post-quantum cryptography now.
- Attackers can collect encrypted data today and decrypt it if sufficiently powerful quantum computers emerge.
- Bitcoin, Ethereum, and Solana developers are already testing defenses against the threat.
The G7 is urging governments and businesses to prepare for quantum-enabled cyberattacks now, warning that migration could take years and that sensitive data is already at risk.
In a new report, the cybersecurity working group of the Group of Seven, better known as the G7—a forum comprising Canada, France, Germany, Italy, Japan, the United Kingdom and the United States—called quantum computing a security and economic threat to public and private…
