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SHARED INTEL Q&A: Forrester highlights why companies need to strive for ‘cryptoagility’– today

  • Forrester emphasizes the need for companies to start transitioning to quantum-safe cryptography immediately, as the threat of quantum decryption looms.
  • Nation-state actors are already accumulating encrypted data for potential future decryption using quantum computers.
  • Major tech companies like Amazon, Google, and IBM are quickly adopting post-quantum cryptography, but the process is lengthy for most organizations.
  • Forrester experts recommend organizations focus on inventorying cryptographic dependencies and upgrading key management to enhance security.
  • Quantum security is not just a future concern but a current one, as powerful quantum computers may already exist.
  • The transition to quantum-safe solutions can take three to five years due to the complexities involved in updating encryption methods.
  • Organizations are advised to engage with vendors to understand their post-quantum cryptography migration plans.
  • Cryptoagility, the ability to adapt quickly to new encryption standards, is being highlighted as crucial for security resilience.
  • Financial services and government sectors are leading in implementing quantum-safe solutions due to the sensitivity of the data they handle.
  • The first step for organizations to prepare for quantum security is to conduct a cryptographic inventory to prioritize migration to quantum-safe solutions.

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