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The gist

  • On “Q-Day” a quantum computer could break the encryption that protects credit-card details and private messages in minutes.
  • Encrypted data sent today is already being harvested to be decrypted later — Q-Day will be gradual, not a single event.
  • Post-quantum cryptography exists and can run on classical computers now, but only 11% of Cloudflare back-end servers support it versus 59% of front-end traffic.

It is not just artificial intelligence sparking hopes of a productivity miracle. Quantum computing is also making progress and attracting serious interest — and the encryption that keeps global commerce and communications secure will not survive it unchanged. Investment in startups in the field rose six-fold in 2025, to $13bn, according to McKinsey. Both startups and tech titans are racing to exploit the technology. In May the Trump administration pledged $2bn to take equity stakes in nine quantum-computing companies.

Quantum chip inside a vacuum chamber viewed from above
Quantum computing is advancing rapidly, but the security of today’s data is at risk. Photograph: Quantinuum

The threat is about maths. That is why the need to upgrade to post-quantum cryptography now, before Q-Day arrives, is already urgent.

What Q-Day means for today’s encryption

Quantum computers exploit the weird physics of quantum mechanics to perform some kinds of calculations at breathtaking speed. Jobs that would take ordinary, “classical” computers billions of years might be polished off in just a few hours. Whereas AI is a general-purpose technology that promises to transform many fields, the mathematical superpowers of quantum computers are likely to help in only a few areas, such as making possible rigorous digital simulations of complex physics and chemistry. For many tasks, they will offer no improvement at all over cheaper ordinary machines.

In one area, though, they are certain to make a world of difference — and perhaps turn out to be destructive. The security and privacy of global commerce and communication depend on forms of encryption that would take classical computers billions of years to crack. A powerful quantum computer might break such codes in just a few minutes, using an algorithm that has already been designed. On “Q-Day”, as geeks call it, the encryption methods that permit everything from credit-card details to racy photos to be securely and privately transmitted will no longer be safe to use.

Harvest now, decrypt later: why today’s data is already at risk

Alarmingly, encrypted data being transmitted today is already at risk since, in reality, Q-Day will be a gradual process, not a single event. Intelligence agencies are already harvesting encrypted data in the belief that they will be able to mine it for secrets later. Cybercriminals could be doing the same.

Quantum chip inside a vacuum chamber viewed from above
Quantum hardware — like this Quantinuum chip — is attracting record investment, raising the stakes for encryption. Photograph: Quantinuum

The fix already exists: post-quantum cryptography

The good news is that a fix already exists. Post-quantum cryptography (PQC) is based on maths that does not seem to be vulnerable to quantum computers, and can be implemented by classical computers now. It is not as battle-tested as existing encryption standards, which have gone unbroken for decades, but the two can be bundled to provide both sorts of protection at once.

Web-browsers such as Firefox and Chrome have already enabled PQC, as have Apple’s iMessage service and many big cloud-computing companies. Cloudflare, one such firm, reports that 59% of the front-end web traffic it handles has made the switch, up from 38% a year ago.

59%
Cloudflare front-end traffic using PQC
38%
A year ago
11%
Back-end servers supporting PQC

Why adoption is still dangerously slow

That still leaves a lot of data exposed. Just 11% of the servers which Cloudflare deals with on the back end support PQC. And many organisations are full of internet-connected equipment that may not be easy to upgrade.

The modest chips in things like sensors or medical devices may be too weedy to handle PQC, which is usually more computationally demanding than standard cryptography. If a gadget’s maker has gone bust, or stopped supporting an old product, there may be no one to provide updates — and even if patches exist, they may not be applied.

One reason why Britain’s health service suffered so badly from a malware attack in 2017 was because it used thousands of machines running an unpatched version of Microsoft Windows.

What companies and governments should do now

Companies and governments should invest urgently to upgrade their systems. Switching does not guarantee security. PQC is new, so it may have undiscovered vulnerabilities. If so, PQC-protected traffic harvested today could yet be decrypted and abused.

But upgrading now — and having researchers stress-test the new methods — offers the best hope of securing data, today and into the future.

Caution
PQC can be paired with existing encryption for dual protection, but because the standards are not yet as battle-tested as those that have gone unbroken for decades, harvested traffic could still be at risk if unknown flaws emerge.

Sources
Investment data: McKinsey, 2025 ($13bn, six-fold rise); U.S. pledge: Trump administration, May ($2bn, nine quantum-computing companies).
PQC deployment: Cloudflare front-end 59% (38% a year ago) and back-end 11%; Firefox, Chrome, Apple iMessage.
Illustration: Quantum chip photograph — Quantinuum.

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