33% of organizations plan to respond to quantum risks when they are more immediate.

24% of organizations are waiting to see what actions other companies take regarding quantum risks.

Nearly half of organizations (48%) are not prepared to confront the urgent challenges posed by quantum computing.

Half (50%) of organizations are assessing their encryption strategies in response to quantum risks.

58% highlighted the “harvest now, decrypt later” (HNDL) threat as a major quantum-related threat.

60% identified future decryption of today’s data and future encryption compromise as major concerns among quantum computing security threats.

61% identified key distribution vulnerabilities as a major quantum-related threat.

The top quantum-related threat, cited by 63% of respondents, is future encryption compromise (the risk that quantum computers could break current or future encryption).

60% (three out of five) of organizations are actively prototyping or evaluating post-quantum cryptography (PQC) solutions or prototyping new ciphers.

Only one-third of organizations are placing their trust in telecom or cloud providers to manage the transition to PQC.

Only 19.2% of organisations claim they are “extremely prepared” for quantum threats

Only 38% of organisations feel “very prepared” for quantum threats.

46.4% of organisations report that substantial portions of their encrypted data could be compromised.

Only 5% of enterprises have implemented quantum-safe encryption.

69% of organisations recognise the risk that quantum computing poses to current encryption standards.

69% of organisations believe quantum computers will break current encryption within five years.

A third of global cyber and IT professionals (30 percent) do not have a good understanding of the capabilities of quantum computing.

46 percent say quantum computing will create revolutionary innovations.

41 percent say they do not plan to address quantum computing at this time.

Nearly half (48 percent) are very or somewhat optimistic about quantum computing’s impact in their sector/industry.