Quantum Computing Advances in 2024 Put Security In Spotlight

The report reviews 2024 quantum computing milestones (Google's Willow chip, Microsoft and Japanese progress), assesses the growing cryptographic risk—including warnings that adversaries may be collecting encrypted data now to decrypt later—and urges organizations to prioritize post-quantum cryptography, QRNGs, and crypto-agile strategies to mitigate long-term systemic risks to finance and critical infrastructure.