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      In the world of quantum physics, Schrödinger’s famous thought experiment imagines a cat in a box as simultaneously alive and dead. It illustrates the counterintuitive illustration of quantum superposition applied to a macroscopic system. We do not know the outcome until the box is opened and the system is observed. When I consider the impact quantum computing could have, it strikes me that enterprise cybersecurity faces a similar uncertainty: Are our encrypted corporate secrets and data secure for their required lifetime, or might some already be exposed to future decryption?

      As with the cat, we cannot know for certain. That uncertainty may persist until ‘Q-Day’, the point at which a cryptographically relevant quantum computer could break much of today’s public-key cryptography. Firms that wait until Q-Day to act, though, are taking a major risk because adversaries may already be harvesting encrypted data for future decryption – a threat commonly described as “harvest now, decrypt later”. If long-life sensitive information such as intellectual property and R&D blueprints were exposed in this way, the regulatory fallout, loss of competitive advantage and reputational damage could be significant.

      This is why the C-suite’s focus on long-term corporate resilience must include Q-Day; it constitutes an urgent priority for digital trust and enterprise risk. That means being proactive and enforcing rigorous data protection hygiene to limit exposure. Firms can reduce Q-Day risk by implementing strict access controls, enforcing data minimisation and mapping where long-term sensitive data resides.


      Waiting for Q-Day 

      When, though, will Q-Day arrive? If you were to ask a dozen people, you would get a dozen different answers; estimates vary widely. This uncertainty, coupled with what can appear to be a long-term horizon, helps explain why many firms have yet to prepare. They need to start.

      Singapore’s government recognises the threat. The Cyber Security Agency of Singapore’s Quantum-Safe Migration Handbook sets out the latest requirements for Critical Information Infrastructure (CII) owners and provides practical guidance for a transition that will be complex and multi-year. Organisations should confirm the precise milestones and applicable sector-specific obligations against the current handbook and regulatory requirements when developing their migration plans.

      However, it is not just CII owners that should prepare; all firms should. Getting started requires firms to overcome several challenges.

      First challenge

      Migration is not as straightforward as swapping standard algorithms for quantum-resistant ones, because the process affects applications, networks, storage, protocols, processes, procurement and people.

      Second challenge

      Although most firms have asset inventories, many lack a sufficiently detailed view of where and how cryptography is used. Such an inventory is often described as a cryptographic bill of materials.

      An effective inventory should identify quantum-vulnerable algorithms, keys, certificates, libraries, protocols, hardware, software and services, including uses for key establishment and digital signatures.

      This is essential when prioritising post-quantum remediation. For large firms with thousands of applications and region-specific controls, discovery and validation can take years.

      Third challenge

      Concerns vendors and service providers, which is a particular issue for small and medium-sized enterprises (SMEs). They are often highly dependent on external providers, creating supply-chain exposure and limiting their direct control over cryptographic solutions.


      Quantum problems, straightforward solutions

      Discussion of a post-quantum cryptography (PQC) future needs to be positioned around digital trust and enterprise risk, which are aspects the C-suite understands well. The discussion should use the following framing: What does our short-, medium- and long-term data strategy look like? What is our current cryptographic risk exposure? How ready are our critical vendors for the advent of quantum computing?

      Next, take a risk-based approach: Prioritise the most critical data and internet-facing systems, then find synergies with existing initiatives. Many firms are already mapping IT assets, data flows and infrastructure to implement generative AI securely. This work can provide a useful starting point for quantum preparations. However, these inventories rarely contain the algorithm, protocol, certificate and key-level detail required for cryptographic discovery – so firms should build on these existing inventories rather than create an isolated quantum-focused programme, while addressing these additional information requirements.

      Firms must also understand the wider ecosystem, which is only as robust as its weakest link. With vendors, for instance, embed defined quantum-safe requirements into procurement standards, and require that new products and services meet those requirements, supported by evidence and a credible upgrade roadmap, so that legacy risks can be phased out over time.

      Finally, preparing for the quantum future is not a one-time fix, so aim for cryptographic agility. This is the ability to update, adapt and swap cryptographic algorithms as needed and with minimal disruption. The principal post-quantum standards finalised by the US National Institute of Standards and Technology in 2024 for key establishment and digital signatures provide a foundation for testing and migration, while organisations continue to monitor evolving standards and implementation guidance.



      The Quantum Care Framework: Five stages to quantum-readiness

      Preparing for the quantum age is complex and calls for a risk-based approach. KPMG’s Quantum Care Framework guides firms through this transition:

      • Discover

        Understand your IT landscape and identify the encryption protecting information assets.

      • Assess

        Evaluate the quantum risk across your IT estate and focus initial efforts on identifying your crown jewels.

      • Manage

        Develop a prioritised risk-based remediation roadmap to support the PQC transition.

      • Remediate

        Uplift existing security controls, integrate cryptographic agility and implement appropriate PQC algorithms, including hybrid approaches where suitable. As an interim measure, isolate weaker legacy applications and tightly control access while planning their replacement or cryptographic remediation; such controls reduce exposure but do not make the applications quantum-safe or protect ciphertext that has already been harvested.

      • Monitor

        Continuously track your transition initiatives and adapt to changes in the threat and regulatory landscape.


      In 2035, Schrödinger’s thought experiment will mark its centenary, and we may well be in the quantum age. Firms wanting to navigate that new era must begin building a resilient, agile and trustworthy digital foundation today, aligned with broader technology and ecosystem transformations. Those that start quantum-safe planning now will be better positioned to protect long-life sensitive data tomorrow.


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      Gerry Chng

      Partner, Head of Cyber, Advisory

      KPMG in Singapore