Despite rising concerns about the future security risks posed by quantum computing, a new global survey commissioned by Colt Technology Services reveals that only a small fraction of companies currently consider quantum a high strategic priority. According to the findings, just 6% of IT leaders across the US, Europe, and Asia rank “understanding quantum computing” as their top priority, with only 17% placing it within their top three concerns.
The research, which polled 1,236 IT decision-makers across 13 countries, highlights a potential disconnect between the rapid advancements in quantum technology and enterprise-level preparedness. While artificial intelligence continues to dominate digital transformation agendas, Colt is urging businesses not to overlook the looming implications of quantum computing – particularly in terms of cybersecurity.
One of the primary concerns is the emerging threat model known as “harvest now, decrypt later.” In this scenario, malicious actors intercept and store encrypted data today, with the intention of decrypting it in the future using quantum computers capable of breaking current cryptographic standards.
To help mitigate this risk, Colt has been actively testing quantum-secure encryption technologies across its optical wave network. Following successful trials, the company has launched a set of quantum-safe solutions designed to secure data transmissions against future quantum threats. Additionally, Colt is collaborating with partners to explore quantum-safe networking applications in satellite communications, specifically in low Earth orbit, where secure data handling is critical.
Quantum Vulnerabilities
Buddy Bayer, Chief Operating Officer at Colt Technology Services, emphasized the need for companies to act now. “AI has taken center stage in recent years, but companies need to broaden their focus and start taking into account some of the implications of quantum,” he said. “Quantum will usher in transformative change, but it also brings risks that enterprises can’t afford to ignore. Bad actors are already preparing for these vulnerabilities, and companies must stay ahead.”
Colt believes that by offering accessible quantum-resilient technologies today, enterprises can concentrate on unlocking the transformative potential of quantum computing with greater peace of mind, knowing their data is protected against tomorrow’s threats.
The US, UK, France, Germany, the Netherlands, Belgium, Spain, Italy, Sweden, Denmark, Singapore, Japan, and Hong Kong were among the 13 areas in which Intuit Research for Colt Technology Services polled 1,236 IT decision makers and those in charge of digital infrastructure services.