Google's examination of quantum algorithms capable of breaking current cryptographic systems reveals a dual-edged nature, where the same machines could also facilitate practical near-term quantum applications, such as quantum simulation and optimization. The required logical qubit range for both cryptographic attacks and these applications appears to be similar, suggesting a convergence of risk and capability. Although hardware to support this scale is still in development, organizations must prepare for both post-quantum security and emerging quantum opportunities. This convergence underscores the need for urgent planning and migration to post-quantum cryptography (PQC), as the timeline for cryptographic vulnerability narrows1. The potential for quantum-enhanced AI and other applications to emerge alongside crypto-busting powers means that practitioners must balance risk mitigation with exploration of quantum's transformative potential, making strategic preparations crucial for navigating this complex landscape.