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Cybercrime is poised to get a lot worse

Governments and hackers are in race to deploy quantum computing technologies

| East Asia
Joe Biden looks at a quantum computer in Poughkeepsie, New York, in October 2022: Quantum-based cryptography will give a massive advantage to those who develop it first.   © AP

Rob Jesudason is chief executive and founding partner of Serendipity Capital, an investment group based in Singapore focused on the financial services industry, technology and climate-focused businesses.

About a month ago, IT infrastructure company Cybertrust Japan announced with little fanfare, and only in Japanese, that it had begun embedding quantum-derived security keys into the digital certificates it makes to authenticate connections with Internet of Things devices.

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