Quantum computing poses an immediate risk to wallet-level key security, according to a report by Europol's European Cybercrime Center.
Europol is urging a phased shift to post-quantum security to protect exposed crypto wallets. The recommendation follows the assessment by the European Cybercrime Center that quantum computing represents an immediate risk at the wallet-key level.
The report attributes the risk specifically to wallet-level key security, framing the transition to post-quantum security as a step to be carried out in phases rather than at once.