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AI-fueled cyberattacks are accelerating — even before the quantum ‘Q-day’ arrives

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A record crypto heist at Binance has sharpened corporate America’s warnings that artificial intelligence is supercharging cybercrime, enabling attackers to find and exploit software flaws far faster than humans. Security analysts and executives, including Circle’s Jeremy Allaire, say “agentic” AI has widened attack surfaces across banks, hospitals, utilities and other critical infrastructure, warranting assumptions that systems are already under siege. While the breach highlighted weaknesses in centralized intermediaries rather than blockchains themselves, Moody’s cautioned that spillover risks to other market participants are rising. Looming over the threat landscape is “Q-day,” when quantum machines could crack today’s encryption—potentially as soon as 2030—with recent Wall Street research noting sharp reductions in the qubits required. The upshot: organizations face a two-front security race—countering AI-accelerated attacks now while preparing to migrate to post-quantum cryptography before current safeguards fail.

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