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Securing Europe’s Digital Future: The Quantum Race to Protect Communications
- Cybercrime is projected to cost the global economy $10 trillion by 2025, driven by escalating geopolitical tensions, emerging technologies, and a cybersecurity skills gap.
- Ransomware attacks are increasing in frequency, sophistication, and impact, with global incidents reaching 4,414 in 2024.
- Quantum computing is poised to revolutionize technology and economy, with experts predicting a trillion-dollar market impact by 2035.
- However, quantum computing also poses a significant cybersecurity threat, as it could break traditional encryption methods within the next few years.
- Governments and organizations need to invest in quantum-safe cybersecurity measures to protect data and prevent potential breaches.
- Quantum technology can offer advanced encryption solutions to safeguard critical infrastructure against cyber threats and quantum computing risks.
- European governments are at the forefront of quantum technology investments and must continue to focus on secure communications to avoid economic and geopolitical disruptions.
- Businesses must assess vulnerabilities, conduct risk assessments, and stay informed about quantum advancements to mitigate security risks related to quantum computing.
- Taking immediate action is crucial for organizations to adapt to the evolving cybersecurity landscape and secure their communications against quantum threats.
- Quantum Industries, a key player in quantum security, aims to support Europe's leadership by manufacturing components locally and contributing to secure communication infrastructure.
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