Report by Keyfactor
Digital Trust Digest: The Quantum Readiness Edition
Key Findings
56% of mid-sized organizations say they are not ready for quantum computing challenges.
42% of organizations are actively addressing quantum risk now.
Companies that view PQC as a significant undertaking are more than twice as likely to be taking steps now (49%) compared to those that consider the risks minor or overstated (24%).
48% of respondents cited a competitive edge as a key business driver for PQC readiness.
The C-suite (33%) and board members (22%) champion PQC preparedness
50% of respondents cited enhanced customer trust as a key business driver for PQC readiness.
49% of respondents cited reduced cyber insurance premiums as a key business driver for PQC readiness.
54% of respondents cited stronger cybersecurity as a key business driver for PQC readiness.
At nearly half of companies (46%), cybersecurity teams are championing PQC preparedness.
Risk perception varies by role: 53% of VPs and directors believe their organizations are unprepared for quantum risks, compared to 35% of C-suite executives.
24% of organizations are waiting to see what actions other companies take regarding quantum risks.
33% of organizations plan to respond to quantum risks when they are more immediate.
Nearly half of organizations (48%) are not prepared to confront the urgent challenges posed by quantum computing.
2% of organizations have no plans to address quantum risks at all.
Top challenges for progress in addressing quantum risks include lack of skilled personnel (40%), limited time and competing priorities (40%), and unclear industry standards (39%).