How To Make Your Business Quantum Safe
6 July 2023
Quantum computing poses one of the biggest future security risks to companies. In this article, we look at how you can navigate the quantum revolution and make your businesses quantum safe.
As technological innovation has evolved, security has remained a constant concern. With each technological breakthrough comes both opportunities and challenges. Currently, businesses are grappling with the security implications of artificial intelligence and the Internet of Things. However, quantum computing is set to become the next major disruptor in technology, and its implications for security are profound.
The Power and Perils of Quantum Computing
Quantum computing, with its ability to perform complex calculations at unprecedented speeds, has the potential to revolutionize various fields. From addressing food sustainability to developing better batteries and combating climate change, the possibilities are endless. However, with great power comes great responsibility; this advanced computing capability, while potentially driving societal good, could also be weaponized by malicious entities.
One of the major challenges posed by quantum computing is its potential to break current cryptographic systems that underpin the security of modern internet communication. In contemporary IT ecosystems, public-key cryptography forms the backbone of security systems, providing protection across a diverse range of applications, from communication through messaging to financial transactions and ensuring the safety of stored data. Public-key cryptography, such as the RSA algorithm, relies on the difficulty of factoring extremely large numbers, a task that is practically impossible for classical computers. However, quantum computers, using algorithms such as Shor’s algorithm, could accomplish this task in a fraction of the time, thereby rendering current cryptographic systems vulnerable.
Given the fact that many companies, including IBM, Google, Microsoft, Baidu, and Amazon, are working on providing quantum computing services at scale via the cloud, businesses must now begin the process of switching or combining cryptographic approaches. This is a herculean task requiring financial investments, infrastructural changes, and meticulous planning and coordination across supply chains.
A Call to Arms: The Quantum-Safe Readiness Movement
In response to the looming threat of quantum computing to encryption, there is a rallying cry around the globe for quantum-safe readiness. The security industry, governments, and the private sector are investing in research and development to develop quantum-resistant algorithms. For instance, the U.S. National Institute of Standards and Technology (NIST) is in the process of standardizing quantum-resistant algorithms, while in Europe, the European Telecommunication Standards Institute (ETSI) is assessing quantum-safe cryptographic protocols.
A Roadmap for Businesses
Preparing for the quantum future is not an overnight endeavor; it demands time and effort. Businesses must start by raising awareness about the risks associated with quantum computing and taking stock of their current data and cryptography technologies.
Here is a suggested roadmap for businesses to become quantum-safe:
- Inventory and Assessment: Begin by creating an inventory of critical data and existing cryptographic technologies. Assess these for vulnerabilities and determine where updates or changes are needed.
- Prioritization: Prioritize systems and services based on criticality, dependencies, and costs. Identify which elements require immediate attention and which can be scheduled for a phased approach.
- Develop a Transition Strategy: Develop a comprehensive transition roadmap that includes adopting quantum-resistant cryptographic systems. Engage with experts and consult with organizations such as NIST and ETSI to stay abreast of developments in quantum-safe technologies.
- Implementation and Testing: Implement the quantum-resistant systems and technologies as per the roadmap. Conduct extensive testing to ensure that the new systems are robust and free from vulnerabilities.
- Continuous Monitoring and Education: Continuously monitor the implemented systems for any security threats. Educate and train your workforce on the importance of quantum-safe practices and on emerging quantum-safe technologies.
- Collaboration and Community Engagement: Engage with the broader community. Participate in forums, consortiums, and working groups that are focused on quantum-safe readiness.
Conclusion
Quantum computing represents an unprecedented leap in computing power, but it also poses significant security challenges. It is imperative for businesses to recognize these challenges and take proactive steps to become quantum-safe. Through inventory and assessment, prioritization, strategic planning, implementation, continuous monitoring, and community engagement, businesses can secure their operations and data against the threats posed by quantum computing. As we stand at the precipice of the quantum age, let us ensure that we harness its power responsibly and safeguard the integrity and security of our technological ecosystem.
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Bernard Marr is a world-renowned futurist, influencer and thought leader in the fields of business and technology, with a passion for using technology for the good of humanity.
He is a best-selling author of over 20 books, writes a regular column for Forbes and advises and coaches many of the world’s best-known organisations.
He has a combined following of 4 million people across his social media channels and newsletters and was ranked by LinkedIn as one of the top 5 business influencers in the world.
Bernard’s latest book is ‘Generative AI in Practice’.
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