QUANTUM THREAT TIMELINE REPORT 2023 - Executive Summary SUMMARY

A reliable chance of a CRQC being developed within 5 years “fault-tolerant” quantum computer of sufficient (up from 6% in the 2022 survey), and a ~31% size will be able to break some of the most widely chance within a decade (up from 27% in 2022). [...] The relative position of global competitors in Many organizations may already be the quantum race provides another window facing an intolerable level of risk onto the Quantum Threat Timeline. [...] DEVELOPMENT MITIGATING THE LOOMING QUANTUM Many factors affect the Quantum Threat THREAT Timeline; one key variable is the level of investment in quantum computing and related New “quantum-safe” cryptographic solutions technologies. [...] As part of their overall quantum readiness planning (see 2 Global Risk Institute QUANTUM THREAT TIMELINE REPORT 2023 EXECUTIVE SUMMARY additional references in the full report) a proactive approach to quantum cybersecurity will enable businesses to manage the transition to quantum- safe cryptographic tools and infrastructure, reducing the additional risks associated with hasty transitions motivate. [...] Permission is hereby granted to reprint the “Quantum Threat Timeline Report 2023 Executive Summary” on the following conditions: the content is not altered or edited in any way and proper attribution of the authors and GRI is displayed in any reproduction.