{"id":21457,"date":"2026-10-15T12:08:47","date_gmt":"2026-10-15T12:08:47","guid":{"rendered":"https:\/\/news.theck1.no\/?p=21457"},"modified":"2026-10-15T12:08:47","modified_gmt":"2026-10-15T12:08:47","slug":"ibm-executive-warns-of-risk-of-quantum-computing-hacks","status":"publish","type":"post","link":"https:\/\/news.theck1.no\/?p=21457","title":{"rendered":"IBM executive warns of risk of quantum computing hacks"},"content":{"rendered":"

AI-rewritten:<\/strong> This is a summary of an article from Phys.org, rewritten by AI (Qwen, running locally) to make it easier to read. The facts come from the original article – read it for the full story.<\/p>\n

Phys.org • October 14, 2026<\/strong><\/div>\n\n

IBM Europe and Africa vice president Alessandro Curioni warned organizations are unprepared for risks posed by quantum computing, which could crack security encryptions and enable large-scale cyberattacks. He stated on Wednesday that less than 10% of organizations have become quantum-safe. IBM aims to develop a large-scale, fault-tolerant quantum computer for commercial clients by 2029. These machines use properties of quantum physics to process data rapidly, potentially solving complex problems like developing new drugs or materials. However, they could also be used to break encryptions protecting vital data and communications.<\/p>\n

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Curioni expressed concern about potential fallout for the internet, blockchains, banks, financial contracts, and digital signatures. He suggested malicious actors might first attack financial institutions, then industries, and finally banks. While existing quantum computers are not powerful enough to carry out such attacks yet, David Debnam, operational risk director at British insurance firm Aviva, told the conference that data has probably already been harvested by adversaries. If stored now, this data could be decrypted once quantum computers become advanced enough.<\/p>\n

The United Kingdom recommends organizations transition to quantum-resistant cryptographic systems by 2035. The U.S., China, and France are also involved in developing quantum computing, which McKinsey estimates could generate up to $2.7 trillion in economic value by 2035. Curioni noted the benefits would be immense, suggesting the technology combined with artificial intelligence could simulate problems too complex for physical viewpoints.<\/p>\n

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Source:<\/strong> Phys.org • October 14, 2026<\/p>\n

Read the original article at Phys.org →<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

AI-rewritten: This is a summary of an article from Phys.org, rewritten by AI (Qwen, running locally) to make it easier to read. The facts come from the original article – read it for the full story. Phys.org • October 14, 2026 IBM Europe and Africa vice president Alessandro Curioni warned organizations are unprepared for risks<\/p>\n

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