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Quantum Breakthrough Threatens Encryption by 2029, Industry Races

4/30/2026

Summary

Story summary

Google and startup Oratomic said quantum computers could break encryption by 2029.
A major internet security provider moved its quantum-security deadline to 2029, six years early.
Citi warns a quantum attack could expose interbank messages and cost $3.3 trillion.
Researchers reported AI cut the quantum computer size needed to break encryption by a factor of 100.
ZeroTier launched ZeroTier Quantum, embedding NIST post-quantum cryptography in its transport layer.

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Story summary

Google and startup Oratomic said quantum computers could break encryption by 2029.
A major internet security provider moved its quantum-security deadline to 2029, six years early.
Citi warns a quantum attack could expose interbank messages and cost $3.3 trillion.
Researchers reported AI cut the quantum computer size needed to break encryption by a factor of 100.
ZeroTier launched ZeroTier Quantum, embedding NIST post-quantum cryptography in its transport layer.