NIST Unveils Quantum Computing-proof Standards; When Will the Threat Arrive?
The development of quantum computing represents a fundamental threat to current security, owing to the significant increase in computing power that quantum computers will provide. At present, protection against quantum computing attacks is limited, leaving sensitive data vulnerable to quantum attacks in the future. However, adoption of post-quantum cryptography is expected to accelerate over the next few years, especially in mission critical infrastructure such as healthcare services and telecommunications networks.
Unlike traditional computers, quantum computers are based on quantum bits to store and process data. Quantum bits can function like a traditional bit in a state of 0 or 1, however they can also be in as superposition of both, providing a weighted combination of 1 and 0 at the same time. This will allow quantum computers to provide significantly greater computing power, as quantum bits can scale exponentially when combined, with N quantum bits able to represent 2N states. For example, two quantum bits can store four bits of information, three quantum bits can store eight bits, and four can store 12.
This significant increase in computing capacity will render asymmetric cryptographic algorithms obsolete. These algorithms are crucial for data encryption and digital signatures, but will become more readily breakable. They rely on a one-way function that is easy to compute, but time-consuming for traditional computing to break.
However, quantum computers are expected to be able to break these forms of encryption within the next 10 years. This is significant as asymmetric cryptographic algorithms are the basis of authentication and confidentiality protections, which are used extensively in cybersecurity. For example, asymmetric cryptographic algorithms are used by the Internet for TLS (Transport Layer Security) and SSH (Secure Shell). As a result, the transition to post-quantum cryptography will be critical to ensuring future global cybersecurity.
Inside NIST's New Standards
Earlier this month, NIST (National Institute of Standards and Technology) released FIPS (Federal Information Processing Standards) publications for three post-quantum cryptography standards. Post-quantum cryptography involves cryptographic algorithms which are designed to be secure against both classical and quantum computers.
The following standards were finalised:
- FIPS 203: Also known as ML-KEM or CRYSTALS-Kyber, this algorithm ensures that sensitive information can be securely exchanged despite the presence of quantum-capable adversaries. It is suitable for a large number of applications, ranging from secure communications to cloud storage, due to its efficiency in encryption and decryption.
- FIPS 204: Also known as ML-DSA or CRYSTALS-Dilithium, this provides a robust mechanism for verifying identities and ensuring the integrity of messages and documents, focusing on digital signatures. It is ideal for software updates, code signing, and scenarios where the authentication of information is key, such as user authentication.
- FIPS 205: Also known as SLH-DSA or SPHINCS+, this alternative to FIPS 204 focuses on digital signatures, emphasising resilience against attacks which leverage traditional and quantum computing. It is slightly less efficient than FIPS 204 as it generally has larger signature sizes; however, its stateless nature provides an additional layer of security, particularly for applications requiring long-term security, such as long-term data storage.
In addition to FIPS 203, 204, and 205, a draft of FIPS 206 is expected to be released in late 2024, based on FALCON (Fast Fourier Lattice-based Compact Signatures over NTRU). NIST is also continuing to evaluate two sets of algorithms in the future.
The introduction of NIST’s standards will be critical to the adoption of post-quantum cryptography in the US. Use of NIST standards is mandatory for federal agencies, and a significant number of private enterprises will adopt the standards due to NIST’s reputation for secure and comprehensive security standards. Furthermore, NIST’s standards can be used as a foundation to further the development of alternative post-quantum cryptography, meaning the standards will more broadly accelerate the adoption of post-quantum cryptography.
However, Juniper Research notes that other standards will also be key, with a number of other organisations currently working on post-quantum cryptography. These include CACR (Chinese Association for Cryptologic Research), and ETSI (European Telecommunications Standards Institute).
When Will Quantum Computing Launch Commercially?
Our upcoming quantum computing research suggests that we shouldn't expect the arrival of commercial quantum computers before 2035. However, this does not mean that enterprises can wait for the adoption of quantum cryptography. The US government will begin to prefer post-quantum cryptography in sensitive systems in 2025, and is more generally encouraging its rapid adoption.
A significant concern is that malicious actors will be able to collect and store current sensitive data, and then break it in the future using quantum computers. As a result, whilst the development of quantum computing attacks remains far away, the threat exists currently. However, Juniper Research notes that these attacks would likely be targeted at high-value data with a long-life span, such as data from critical infrastructure.
Moreover, alongside releasing the three FIPS standards, NIST stated that full integration of the standards will take time, and integration of standards into systems must begin immediately. This means that if enterprises are slow to move, increasing amounts of their data will be vulnerable to quantum attacks in the future.
Therefore, enterprises around the world must begin or continue to develop strategies for the transition to post-quantum cryptography. In these strategies, enterprises must identify where they are most vulnerable to quantum attacks, prioritising transitioning to post-quantum cryptography in these areas. The timeline of these transitions should then be used to ensure that the development of vendors’ offerings aligns with those of the enterprise. This will prevent plans for the adoption of post-quantum cryptography being delayed.
Alex is a Research Analyst within Juniper Research’s Telecoms & Connectivity team, focusing on the latest developments in operator and telecommunications markets. His recent reports include Operator O-RAN Strategies, Telecommunications Cloud Strategies, and Cellular IoT.
Latest research, whitepapers & press releases
-
ReportSeptember 2025Telecoms & Connectivity
Mobile Messaging Fraud Prevention Market: 2025-2030
Our Mobile Messaging Fraud Prevention research suite provides a detailed and insightful analysis of a market set for significant disruption over the next five years. It enables stakeholders from mobile operators, enterprises, and mobile messaging fraud prevention vendors to understand how the market for mobile messaging fraud will evolve, as well as the impact of AI, RCS, and the evolving competitive environment.
VIEW -
ReportSeptember 2025Sustainability & Smart Cities
Smart Grid Market: 2025-2030
Our cutting-edge Smart Grid research suite provides a comprehensive view of a market at the forefront of the global energy transition. It examines the major disruptions transforming the sector, from the integration of distributed energy resources and the rise of virtual power plants to the growing role of AI-driven intelligence and the mounting need for robust cyber security and compliance.
VIEW -
ReportSeptember 2025Fintech & Payments
eCommerce Payments Market: 2025-2030
Juniper Research’s eCommerce Payments research suite provides a comprehensive and insightful analysis of this market; enabling stakeholders, from eCommerce payment platform providers to merchants and payment service providers, to understand future growth, key trends, and the competitive environment.
VIEW -
ReportSeptember 2025Telecoms & Connectivity
A2P & Business Messaging Market: 2025-2030
Our extensive A2P & Business Messaging research suite comprises detailed analysis of a market undergoing rapid evolution. It provides guidance to mobile operators on how to navigate this shift and grow revenue from business messaging in the future.
VIEW -
ReportAugust 2025Fintech & Payments
Fraud Detection & Prevention in Banking Market: 2025-2030
Our Fraud Detection and Prevention in Banking research suite provides a comprehensive and in-depth analysis of the types of fraud, and methods that can be used to overcome them. This enables stakeholders such as banks, financial institutions, and fintechs to understand future growth, key trends and the competitive environment.
VIEW -
ReportAugust 2025Sustainability & Smart Cities
Smart Buildings Market: 2025-2030
Our Smart Buildings research suite provides in-depth analysis and evaluation of how hardware and software service providers are reimagining smart building solutions as living ecosystems, using Internet of Things (IoT) and AI.
VIEW
-
WhitepaperSeptember 2025Telecoms & Connectivity
RCS Fraud: Emerging Threats in Next-gen Messaging
Our complimentary whitepaper, RCS Fraud: Emerging Threats in Next-gen Messaging, examines the future of the messaging fraud prevention market, with a particular focus on the latest trends within RCS Business Messaging (RBM). Additionally, it includes a forecast summary of the total cost of fraud over RBM to subscribers in 2030.
VIEW -
WhitepaperSeptember 2025
Decentralising the Smart Grid: Opportunities & Challenges
Our complimentary whitepaper, Decentralising the Smart Grid: Opportunities & Challenges, explores how distributed energy resources, renewable integration, and virtual power plants are reshaping grid management.
VIEW -
WhitepaperSeptember 2025Fintech & Payments
Going Glocal ~ Why Local Payment Methods Are Driving eCommerce
Our complimentary whitepaper, Going Glocal ~ Why Local Payment Methods Are Driving eCommerce, assesses how local payment methods are driving the increasing accessibility to eCommerce, and challenges to eCommerce growth.
VIEW -
WhitepaperSeptember 2025Telecoms & Connectivity
Operator Success Strategies in A2P Messaging for 2026
Our complimentary whitepaper, Operator Success Strategies in A2P Messaging for 2026, examines the outlook of the A2P messaging market over the next five years.
VIEW -
WhitepaperAugust 2025Fintech & Payments
Synthetic Identity Fraud: The Lurking Threat to Modern Banking
Our complimentary whitepaper, Synthetic Identity Fraud: The Lurking Threat to Modern Banking, examines the current fraud landscape; explaining the role of key actors in the fraud prevention landscape, and recent developments within the fraud prevention industry.
VIEW -
WhitepaperAugust 2025Sustainability & Smart Cities
Foundations of Smart Buildings: AI, IoT & Energy Efficiency
Our complimentary whitepaper, Foundations of Smart Buildings: AI, IoT & Energy Efficiency, evaluates the main technical components of smart building architecture; being the key objectives and challenges for their acquirement and deployment in the market, as it currently stands.
VIEW
-
Telecoms & Connectivity
ReveNet: Operators Must Act to Restore Trust & Transparency to $55bn A2P SMS Ecosystem
September 2025 -
Telecoms & Connectivity
RCS Business Messaging Fraud to Cost Mobile Subscribers $4.3 Billion Globally Over the Next 5 Years
September 2025 -
Sustainability & Smart Cities
Smart Grids to Support 43% of Global Electricity Supply by 2030, Driven by Virtual Power Plants
September 2025 -
Telecoms & Connectivity
Calling All Telecoms & Connectivity Innovators: 2026 Future Digital Awards Now Open for Entries
September 2025 -
Fintech & Payments
eCommerce Market to Surpass $13 Trillion by 2030 Globally, with Stripe, Visa, and PayPal Leading the Charge
September 2025 -
Telecoms & Connectivity
Conversational Use Cases Fuel Global Messaging Boom: Nearly 3 Trillion Business Messages by 2030
September 2025