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Forecasting unprecedented challenges to cybersecurity amid accelerating quantum computing developments, the Quantum Readiness Toolkit provides organizations with resources to help stay ahead of threats

NEW YORK, June 29, 2023 /PRNewswire/ -- Today, in collaboration with Deloitte, the World Economic Forum (The Forum) released actionable guidance to help protect organizations during the rapid development of quantum computing technology. The Quantum Readiness Toolkit provides specific guidance in line with the overall framework presented in last year's flagship report, "Transitioning to a Quantum-Secure Economy."

"The Forum has developed specific messaging for executive leaders to help mitigate quantum risk. This is important as many discussions on this topic get bogged down about when a quantum computer will be available to mount these types of attacks. The dialog should be much more about preparing today while you still have time so that quantum risk can be methodically mitigated and businesses can continue to thrive without fear of disruption," says Colin Soutar, Managing Director and Deloitte co-lead for WEF Quantum Security support, Deloitte US.

Advancements in quantum computing have the potential for systemic cybersecurity risk, whether through increased breaches of sensitive health and financial personal data, compromised private communications, or forged digital versions of information, identities and sensitive data. The new paper, "Quantum Readiness Toolkit: Building a Quantum Secure Economy," outlines five principles businesses and organizations should follow when building their quantum security readiness. These include:

"It is essential that organizations across industries and geographies work together to help mitigate emerging risks and collectively build a more cyber secure future. Deloitte is committed to collaborating on important issues such as managing quantum risk and we are grateful to the World Economic Forum for such a strong collaboration on this and other topics," says Isaac Kohn, Partner and Deloitte co-lead for WEF Quantum Security support, Deloitte Switzerland.

Protecting our digital economy and data from quantum computer attacks requires a cohesive, cross-border approach that integrates government support with individual organizations' support as they test strategies and identify what works. With the timeline to prepare for quantum computing threats shrinking, businesses should take a multi-pronged approach, including empowering the quantum cybersecurity team with executive support and mandates, upskilling talent, and requiring quantum security provisions in new or renewed product contracts.

"As we make rapid strides towards the quantum era, it is crucial for leaders to ensure that security risks don't come in the way of realizing the transformative potential of the technology. We are grateful for the collaboration with Deloitte and the efforts of a community comprising the foremost leaders in quantum security that has resulted in the Quantum Readiness Toolkit, a comprehensive roadmap to ensure a secure transition to the quantum economy,"saysAkshay Joshi, Head of Industry and Partnerships, Centre for Cybersecurity, World Economic Forum.

To view the full report, please visit https://www.weforum.org/whitepapers/quantum-readiness-toolkit-building-a-quantum-secure-economy

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Deloitte provides industry-leading audit and assurance, tax and legal, consulting, financial advisory, and risk advisory services to nearly 90% of the Fortune Global 500and thousands of private companies. Our professionals deliver measurable and lasting results that help reinforce public trust in capital markets, enable clients to transform and thrive, and lead the way toward a stronger economy, a more equitable society and a sustainable world. Building on its 175-plus year history, Deloitte spans more than 150 countries and territories. Learn how Deloitte's approximately 415,000 people worldwide make an impact that matters atwww.deloitte.com.

SOURCE Deloitte

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