IBM executive warns quantum computing could enable hacks
In short
An IBM executive warned at a London conference that many organisations are not ready for quantum-computing risks. He said the technology could crack encryption and enable large cyberattacks, and that fewer than 10% are prepared today.
This matters for companies that protect data and online systems. The report does not say which organisations are most exposed or when the threat could become real.
What the reporting says
IBM's Europe and Africa vice president warned at a London conference that organisations are not ready for quantum-computing risks. The ETtech summary says he described the technology as potentially able to crack security encryption and enable large-scale cyberattacks, and said fewer than 10 percent are prepared today. The report does not name affected organisations or specify when the risk would materialise.
Why it matters
IBM's Europe and Africa vice president warned in London that organisations are unprepared for risks from quantum computing, saying it could crack security encryption and enable large-scale cyberattacks. The only reported preparedness figure is that fewer than 10 percent are ready today. The report does not identify specific victims, products, or a timeline for when the threat may become acute.