KEY TAKEAWAYS
☑ As of today, there are no large-scale quantum computers available that could break cryptographic algorithms, but we know they are coming. Due to the time it takes to implement and promulgate a defense, businesses should act now to counter this threat.
☑ European businesses should start by putting in place a post-quantum security strategy, a migration roadmap, and a course to crypto agility – the ability to easily move from one algorithm to another. The quantum threat makes crypto agility a recommended choice for post-quantum cryptography transition. And, given that we expect these algorithms to continue to evolve, being crypto agile even after that is also important.
☑ European businesses waiting too long to complete their migration could pay a high cost or even disappear if they are unable to keep data safe and protected.
QUANTUM COMPUTERS WILL CRACK ENCRYPTION – BUT WHEN?
Today's hyperconnected world of trade and finance stands on the trust that digital information is protected and can be stored and exchanged safely across the globe. However, even as cyber-attacks become more sophisticated and the security landscape more difficult to navigate, a new and more foreboding threat is on the horizon: quantum computers that have the
