Quantum Computing: Why Most Businesses Are Still Stuck in the Prehistoric Encryption Era
Despite the looming threat of quantum computing cracking encryption within five years, most US, UK, and Australian businesses haven’t embraced post-quantum cryptography. Only 5% have implemented quantum encryption, while others remain optimistic. DigiCert suggests it’s high time to get serious about quantum safety before hackers make “store now, decrypt later” the new normal.
Hot Take:
Quantum computers are coming for your secrets like a caffeinated squirrel on a nut-hunting spree, but most businesses are still rolling around in their encryption blankies, blissfully ignoring the quantum storm that’s about to rain chaos on their digital parade. Time to get those quantum raincoats ready, folks!
Key Points:
- Only 5% of businesses have adopted post-quantum cryptography (PQC), yet over half feel “very” or “extremely” prepared for quantum threats.
- A whopping 69% believe quantum computers will break current encryption in five years, despite the threat potentially existing today.
- Europol warns of “store now decrypt later” attacks, where data is captured now to be decrypted when quantum tech matures.
- Transition to PQC is deemed a “decade-long, national-scale technology change” by the NCSC, implying a complex and lengthy process.
- DigiCert outlines a four-step plan to help businesses transition to PQC, emphasizing asset discovery and crypto-agility.
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