Article by A. R.-P. Montblach (Quantum Communication and Networking Lead, HSBC), L. Molchanovsky (Cryptography Subject Matter Expert, HSBC), and M. Mosca (Professor at Univeryity of Waterloo) on seeing cryptography as a strategic asset when it comes to crypto migrations
From the webpage on the report:
- “- The rise of quantum computing introduces systemic risks to cybersecurity but also creates the opportunity to elevate cryptography as a strategic asset that enhances business resilience.
- Three practices – cryptographic inventory, cryptographic agility and cryptographic defence-in-depth – underpin a resilient cryptographic framework.
- To thrive amid uncertainty, organizations should proactively harness emerging technologies, make informed choices and manage cryptography with long-term resilience and risk management in mind.
As quantum computing advances, it brings unprecedented opportunities as well as significant threats. One major concern is that it could break the cryptographic systems that underpin our digital trust today.
By the mid to late 2030s, quantum computers are predicted to have the potential to compromise today’s widely used encryption and authentication systems, specifically asymmetric cryptography based on public and private keys. Without the right and timely action, quantum computers could jeopardize digital security on a global scale. […]
Here, we set out a new vision for quantum safety: that the quantum-safe migration is a unique opportunity for organizations to rethink and modernize their cybersecurity strategies, elevating cryptography as an asset that enhances business resilience.”
https://www.weforum.org/stories/2026/01/quantum-safe-migration-cryptography-cybersecurity
Foto von Markus Spiske auf Unsplash