Page 175 - Cyber Defense eMagazine July 2024

Getting Out in Front of Post-Quantum Threats with Crypto

Agility

By Dr. Avesta Hojjati, Vice President of Engineering at DigiCert

Ready or not, quantum computing technology is rapidly advancing, and its new capabilities will be
available sooner than most think. Quantum technology has the potential to transform applications like
materials sciences, drug discovery, financial transactions, and even climate change research. However,
these revolutionary advances are also introducing substantial challenges to digital trust and encryption.
Some experts have predicted that post-quantum computing technology will be powerful enough to break
leading cryptographic security algorithms within a decade or less.

Organizations are taking the potential risks of post-quantum computing technology seriously, but their
state of readiness remains shaky. According to a recent Ponemon Institute Report, 41 percent said they
believe their organizations have less than five years to be ready for the new challenges. Yet only 23
percent of participants reported having a security strategy in place, and only 30 percent said their
organizations are allocating budget for post-quantum readiness.

Cyber Defense eMagazine – July 2024 Edition 175
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