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Tech: Synergy sees quantum computer crisis

Attack on SWIFT could freeze $5trn in daily transactions A groundbreaking economic analysis released on 3 Jan by quantum security firm Synergy Quantum of Delhi warns that nations face an unprecedented sovereignty crisis as quantum computers approach encryption-breaking capability, potentially exposing US$12.4 trillion in global digital assets by 2035. The report, co-authored by CEO & Co-Founder Jay Oberai, Co-Founder Dr. Vipin Rathi, and Strategic Advisor Sudhir Rao, reveals that adversaries are already conducting "Harvest Now, Decrypt Later" attacks — collecting encrypted data today for future decryption when quantum computers become sufficiently powerful, potentially as soon as 2028. "This is not...

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