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Q-Day is driving a $30 billion shift in post-quantum security.
Summary
The article reports the post-quantum cryptography market could grow to about $30 billion by 2034, and that several firms including Quantum Secure Encryption Corp., IonQ, Kyndryl, Accenture and CyberArk are advancing post-quantum and identity-security efforts.
Content
The article describes an industry effort to prepare for a future point called "Q-Day," when quantum computing could affect current encryption methods. It reports market forecasts that post-quantum cryptography could reach roughly $30 billion by 2034 and raises concerns about so-called "harvest now, decrypt later" activity. The piece highlights company announcements and partnerships intended to accelerate deployment of quantum-resistant and identity-focused security offerings. It also notes the publication is presented with a paid-advertisement disclaimer.
Reported key points:
- The article reports the post-quantum cryptography market is projected to grow to about $30 billion by 2034 and cites concerns about data being collected now for future decryption.
- The article mentions Quantum Secure Encryption Corp. announcing international expansion and regional partnerships in Southeast Asia.
- The article also mentions other firms — IonQ, Kyndryl, Accenture and CyberArk — as advancing quantum systems, post-quantum assessment services, and identity-security or trust infrastructure.
Summary:
The coverage frames growing industry activity to prepare cryptographic and identity controls for future quantum capabilities and emphasizes corporate announcements and partnerships. Undetermined at this time.
