"A significant cybersecurity risk is looming on the horizon and set to disrupt your operations worldwide as soon as 2030 - or even before. That's the warning that industry giants IBM, Thales, Keyfactor and Quantinuum have echoed once again on the launch of the Quantum-Safe 360 Alliance. Quantum computing is still a nascent technology, but these machines will one day be powerful enough to break our most powerful encryption algorithms."
"'The time to start is now,' Duncan Jones, head of cybersecurity at Quantinuum (an alliance partner), tells ITPro. 'Success requires a comprehensive approach aimed at cryptographic agility - not just upgrading algorithms, but ensuring secure key generation, management, and protection.' The alliance was formed to advocate for a holistic approach to preparing for quantum-safe cryptography, with more businesses gaining awareness but perhaps not the executive support or resources to act."
Quantum computing poses the potential to break widely used encryption by about 2030, creating significant global cybersecurity risk. IBM, Thales, Keyfactor and Quantinuum created the Quantum-Safe 360 Alliance to help organizations prepare for post-quantum cryptography and published a whitepaper outlining risks and recommendations. Keyfactor research indicates 48% of businesses are unprepared for quantum challenges. Effective readiness demands cryptographic agility, secure key generation, management and protection, and extensive work to migrate existing IT stacks. Many organizations lack executive support and resources, so the alliance pools expertise and promotes a holistic, coordinated approach alongside other industry initiatives.
Read at IT Pro
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