Remember three years ago when people were talking about AI and how we believed AI was 10 to 20 years out? But the technology accelerated, and AI was immediately in our faces a year ago and keeps accelerating. The same situation is happening with quantum computing. Everyone said it would be decades before computers could break the strong 128-bit encryption algorithm that many banks and ecommerce transactions use today to secure data.
It is not too early to start moving toward remediation. Think back to Y2K and the issues associated with legacy technologies. All new designs as well as existing tech stacks need to be quantum proofed moving forward. But it will not be sufficient to just scan a company’s own tech stacks for the level of the level of encryption. They also need to investigate or have their vendors investigate their tech stacks and their vendors’ tech stacks. Companies also need to consider vulnerability coming from their third-party service providers that are outsourcing and SaaS partners.
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