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The $240 Billion Race to Rebuild Cybersecurity Before Quantum Arrives

Newswire.ca - Fri Apr 17, 8:00AM CDT

Issued on behalf of Quantum Secure Encryption Corp.

Equity-Insider.com News Commentary

VANCOUVER, BC, April 17, 2026 /CNW/ -- The old playbook is dead. Gartner now forecasts global cybersecurity spending will hit $240 billion in 2026, up 12.5% from last year, as enterprises scramble to rebuild their defenses against two converging threats: ransomware attacks that now cost an average of $5.08 million per breach, and AI powered intrusions that compress attacker breakout times to under 30 minutes[1]. NIST's latest post-quantum migration guidance is telling organizations to start their cryptographic overhauls now, not later, because adversaries are already harvesting encrypted data today with plans to crack it once quantum computing matures[2]. That urgency is creating a pivotal window for companies built around cryptographic agility and autonomous threat detection: Quantum Secure Encryption Corp. (CSE: QSE) (OTCQB: QSEGF) (FSE: VN8), Commvault (NASDAQ: CVLT), NetApp (NASDAQ: NTAP), Zscaler (NASDAQ: ZS), and F5 (NASDAQ: FFIV).

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