QuSecure Honored as Global Product Leader in Post-Quantum Cryptography by Frost and Sullivan
QuSecure CEO Rebecca Krauthamer has been quoted in the news on Quantum Encryption, highlighting the growing urgency for organizations to prepare for quantum threats. In an article published by TechNewsWorld, she explained the risks posed by quantum computing and why governments and financial institutions are acting now.
“Industries that have data that needs to remain private for years into the future are at most risk of harvest now, decrypt later,” explained Krauthamer. “When it comes to data like national security information, bank account information, data that’s valuable year after year — when a quantum computer does come online, it can decrypt that stockpiled data. That’s why we see governments and banks moving very quickly to start addressing the quantum threat, even though there is no quantum computer that exists today that will break today’s encryption.”
A recent report from Forrester Research, Quantum Security Isn’t Hype — Every Security Leader Needs It, underscores that while quantum computers capable of breaking encryption are still years away, businesses must act now to protect sensitive data. Hackers are already engaging in “harvest now, decrypt later” attacks, stealing encrypted data today with the intent to decrypt it once quantum computers become viable.
Cybersecurity experts agree that organizations must begin transitioning to quantum-safe encryption because the migration will take years. The report stresses the importance of crypto-agility, the ability to replace and upgrade cryptographic systems quickly as new threats emerge.
Although some warn against premature investments in specific quantum-proof solutions, security leaders universally recognize the need to prepare. Companies that fail to address this challenge risk massive vulnerabilities when quantum computing reaches maturity.
QuSecure continues to lead in this space, helping organizations future-proof their encryption against the inevitable rise of quantum threats. For more information, check out QuSecure.com.