Quantum Computers Getting Closer to Cracking Standard Encryption
This report is a joint effort by GRI and evolutionQ, a leading provider of quantum-safe cybersecurity solutions, and combines insights from 32 global experts to assess the current quantum computing landscape and its potential impact on cybersecurity. This year’s report, the sixth produced for GRI, suggests that the threat may be closer than previously thought.
The global competition to advance quantum computing brings significant challenges for cybersecurity. At some point in the future, quantum computers will be powerful enough to crack standard encryption protocols, and this could lead to considerable security issues for organizations that fail to update their cryptography regimes to withstand quantum attacks.
Implementing quantum-safe cryptography in a given organization requires time and resources to ensure success and avoid errors. This report highlights the urgency for proactive quantum threat mitigation, providing valuable guidance for cyber-risk managers. A well-planned quantum-safe transition will minimize security gaps and mitigate the risks of hasty adoption.