Quantum computing leader IonQ has agreed to buy cybersecurity firm Elisity in an all-stock transaction valued at up to $1.3 billion, marking a major expansion into cyber defense.
Quantum computing maker IonQ announced the acquisition of network security firm Elisity, aiming to expand its post-quantum cryptography and defense capabilities.
Law enforcement and oversight bodies warn that delayed adoption of quantum-resistant security measures risks exposing sensitive data to future decryption.
Quantum computers exploit superposition to solve mathematical problems that secure modern internet traffic, rendering current encryption methods obsolete.