Quantum computing will significantly impact cybersecurity by rendering conventional encryption methods vulnerable. Traditional cryptographic techniques, such as RSA, ECC, and AES, rely on complex mathematical problems to ensure security. However, quantum algorithms like Shor’s can effortlessly decrypt these encryptions at unprecedented speeds, exposing sensitive information to substantial threats. A new quantum risk has emerged in the ‘harvest-now, decrypt-later’ strategy, where attackers encrypt data now, intending to decrypt it later using powerful quantum computers.
Existing cybersecurity products, primarily designed to counter classical attacks, may be ineffective against these novel threats. To mitigate these risks, organizations must adopt quantum-safe encryption and proactive measures. Otherwise, they will be exposed to devastating quantum-based attacks. Therefore, new security standards must prepare us for the impending postquantum era.