The Globe and Mail reports in its Wednesday edition that the Ontario Securities Commission is warning about cybercriminals stealing encrypted data that they anticipate quantum computers will one day be capable of decrypting. The Globe's Alexandra Posadzki and Sean Silcoff write that the emerging threat, which is referred to in the cybersecurity industry as "harvest now, decrypt later," is highlighted in an OSC report published Tuesday. The regulator is urging firms in the capital markets sector to assess both the risks and opportunities associated with rapidly advancing quantum computing, and to prepare by taking steps such as creating inventories of their cryptographic assets. The warning adds to mounting concerns about the cybersecurity threats posed by artificial intelligence, which could amplify the risks associated with quantum computing. Industry proponents have long promised that quantum computers will some day solve tasks that remain out of reach of existing computers. Yet, advances the technology could bring are twinned with dread. That's because quantum computers, once they reach commercial scale, could enable bad actors to pick the locks on cryptographic algorithms that secure the world's digital economy.