Quantum Threat Timeline Report 2024

The Quantum Threat Timeline Report 2024 provides an analysis of the implications of quantum computing on cybersecurity. It outlines the risks posed by quantum computers, which can solve computational challenges that current cryptographic systems rely on for security. The report emphasizes the necessity for organizations to transition to quantum-safe cryptography to mitigate these risks. This transition involves developing new hardware and software, creating standards, and updating existing systems while managing sensitive data. The urgency of this transition is influenced by factors such as the shelf-life of data, migration time for system upgrades, and the estimated timeline for quantum computing advancements. The report is based on insights from 32 global experts in quantum computing, who provided perspectives on the timeline for the development of cryptographically relevant quantum computers (CRQCs). It discusses the challenges in building CRQCs and highlights the progress made in the field, indicating that the quantum threat may be closer than previously anticipated.