State of Post-Quantum Cryptography Readiness Report

This report presents findings from a survey conducted among 1500 cybersecurity professionals in the USA and Europe regarding their preparedness for post-quantum cryptography (PQC). It outlines the current state of readiness, with key insights indicating that while 91% of respondents lack a formal PQC roadmap, 55% believe that at least one PQC algorithm will be implemented by 2026. The report details concerns about integration, compatibility, and budget constraints, with 81% of professionals indicating their current cryptographic libraries are not ready for PQC integration. It also highlights the role of industry standards and consortiums in driving PQC adoption. The report emphasizes the urgency of addressing these challenges as the quantum threat looms, with predictions suggesting the first quantum attacks could occur between 2030 and 2035. The findings reflect a mixed level of confidence among security professionals regarding their understanding of quantum threats and their organizations' readiness to mitigate these risks.