Source: SiliconANGLE
Organizations are shifting from planning documents to actual implementation as 2029 approaches—the year when sufficiently advanced quantum computers could theoretically crack today's encryption standards, forcing a race to adopt quantum-resistant algorithms across banking, government, and critical infrastructure. The National Institute of Standards and Technology has finalized post-quantum cryptography standards, vendors are shipping products, and enterprises face genuine costs and complexity in retrofitting systems that were never designed for mid-lifecycle cryptographic migration. Adversaries are already harvesting encrypted data today with the intention of decrypting it once quantum capabilities mature, compressing the window for transition.