Y2Q. Years-to-quantum. We’re 10 to 15 years from the arrival of quantum computers capable of solving complex problems far beyond the capacity of classical computers to solve.
PQC. Post-quantum-cryptography. Right now, the race is on to revamp classical encryption in preparation for the coming of quantum computers. Our smart homes, smart workplaces and smart transportation systems must be able to withstand the threat of quantum computers.
Put another way, future-proofing encryption is crucial to avoiding chaos. Imagine waiting for a quantum computer or two to wreak havoc before companies commence a mad scramble to strengthen encryption that protects sensitive systems and data, the longer we wait, the bigger the threat gets.
Related: The case for ‘zero-trust’
The tech security community gets this. One recent report estimates that the nascent market for PQC technology will climb from around $200 million today to $3.8 billion by 2028