Cracking the Code: The Quantum Computing Boom and Its $1 Trillion Economic Impact 4 minutes ago, 7:02 AM PST Via PR Newswire QBTSQMCOQUBTRGTI Share USANews GroupNews Commentary Issued on behalf of Scope Technologies Corp. VANCOUVER, BC, Dec. 2, 2024 /PRNewswire/ -- The threat of a cyberattack has never been higher, and it looks like it may be getting worse. According to an alarming new report from Amazon's Chief Information Security Officer, the retail and computing giant is experiencingnearly 1 billion cyber threatsper day. As per the report, the claim is that cyber criminals have embraced Artificial Intelligence (AI), forcing enterprises to drastically scale up their threat-intelligence capabilities. But the biggest threat hasn't fully arrived yet, which cyber experts have dubbed"Q-Day", marking the turning point when cybercriminals will have access to quantum computing, essentially giving them the power to crack passwords and encryption in a tiny fraction of the time it takes now. The market reacted swiftly to an announcement from Amazon Web Services launching its quantum-computing advisory program, andsending shares of quantum-computing companiessoaring in the process. Behind the scenes, these quantum developers are emerging with several developments coming from top players in the space, including from Scope Technologies Corp. (CSE: SCPE) (OTCQB:SCPCF), D-Wave Quantum Inc. (NYSE:QBTS), Quantum Corporation (NASDAQ:QMCO), Quantum Computing Inc. (QCi) (NASDAQ:QUBT), and Rigetti Computing, Inc. (NASDAQ:RGTI, RGTIW).
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