emerging

Post-Quantum Cryptography

The threat of quantum computers breaking current encryption methods is driving the adoption of quantum-resistant cryptography.

Detailed Analysis

The looming threat of 'Q-day,' when quantum computers can break existing encryption, is pushing organizations to invest in post-quantum cryptography (PQC). The report states, 'Q-day could be a 'grey rhino' event that we see coming from a distance yet fail to prepare for properly.' The release of PQC standards by NIST provides a framework for organizations to migrate to quantum-resistant encryption, although many are still in the early stages of planning and implementation.

Context Signals

The Quantum Computing Cybersecurity Preparedness Act mandates US federal agencies to migrate to PQC. Examples of organizations implementing PQC, such as HP, SK Telecom, and Cloudflare. Info-Tech's five-phase approach to PQC migration.

Edge

The 'Harvest Now, Decrypt Later' threat necessitates urgent action on PQC migration. The development of PQC-compliant hardware and software will become a significant market opportunity. PQC will become a fundamental requirement for all secure digital communications.
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The IT industry is counting down to Q-day - an uncertain day in the future that will mark the point when quantum computers can break public-key encryption within 24 hours.