Intelligent CIO North America Issue 50 | Page 75

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POST-QUANTUM CRYPTOGRAPHY : SECURITY IMPLICATIONS FOR THE BOARDROOM

Nils Gerhardt , Chief Technology Officer and Head of Product , Utimaco , on the security implications of quantum computing .

We can safely assume that most of the top-level executives are aware of quantum computing , especially when 100 % of Fortune 500 companies and the majority of Global 2000 companies have a Chief Information Security Officer ( CISO ) who has certainly done at least a first assessment of the impact of Quantum Computing .

The key conversation now is around securing their organisations against quantum computing threats .
This requires engagement from an entire company . For those operating in certain industries , it could be a costly , lengthy process that involves securing millions of digital assets .
So , what does the rest of the boardroom need to know about Quantum Computing ?
We simply don ’ t know exactly when quantum computing will go from being a hypothetical to a threat , but it ’ s essential that the C-Suites of any and every company , not just the CIO or CISO , start preparing now .
It would be difficult to explore the inner-workings of quantum computers in this article without going into the complex , counter-intuitive theory behind them – what most people need to know is that they could be vastly more powerful than conventional computers .
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