According to McKinsey, advancement in technology within the next ten years will change the game for all industries – from manufacturing, healthcare, mobility, aerospace, and more. Organizations will have to adapt to meet sustainability requirements, data volume, network speeds, and security needs. McKinsey’s recent list of ten predictions has identified the areas that matter the most. But do you have the tools to keep up with the pace?
Advanced technology ultimately results in more data traveling to more devices, across more networks. As several trends take the stage for 2022 and beyond, next-generation data security products will be front of mind to future-proof your systems for the Information Age and the forthcoming Age of Quantum Computing. Here’s how quantum security solutions will play a role in 7 of the ten technology predictions by McKinsey..
1. Next-level process automation
In all industries, data volume and usage is growing exponentially year after year, and the days of manual data processing are long gone. According to McKinsey, “By 2025, more than 50 billion devices will be connected to the Industrial Internet of Things (IioT).” Robotic process automation, natural language processing, and intelligent document processing are all on the way to making businesses more efficient. However, with more devices and extensive networks, the more critical it is to ensure your long-duration data is protected with the right solutions, wherever it travels and lands.
2. 5G & IoT Connectivity
Organizations are implementing 5G more and more every day — all with good reason. From lower latency to higher bandwidth, 5G provides exceptional service quality for consumers and internal business operations. With 5G and IoT connections, McKinsey notes that “mobility, healthcare, manufacturing, and retail could increase global GDP to $2 trillion by 2030.” It is likely that quantum computers will heavily come into play during the era of 5G; make sure your communication networks and data are protected with an equally powerful quantum-safe security solution.
3. Next-Generation Quantum Computing
Quantum computing could be one of the most revolutionary technologies of 2022 and years to come. These devices will enable dramatic improvements in computational power and operate at speeds that can fundamentally accelerate problem-solving. However, it poses challenges for competitiveness, safety, and security. The days of quantum computing being just a concept are over. Now, it’s essential to find a partner and implement the right solutions to help ensure your devices and networks are prepared and protected against quantum attacks.
4. Distributed Infrastructure
McKinsey states that “By 2022, 70% of companies will be using hybrid-cloud or multi-cloud platforms as part of distributed IT infrastructure.” Organizations frequently use multiple clouds to meet compliance needs, performance requirements or to support edge computing. With more data moving in and out of servers into hybrid and cloud environments, several methods can ensure peak security – AI-based monitoring, utilizing a secure access service edge, multi-factor authentication, just to name a few. Any organization deploying a network infrastructure of any kind should ensure it is quantum-safe now or risk its premature obsolescence.
5. Trust Architecture
Before 2020, remote work was the occasional luxury; now, it’s the norm. With more employees working outside of protected corporate networks, organizations have to take a different approach to secure their resources. Multi-factor authentication and restricted access for end-users on corporate devices are a few ways the “zero trust” approach has been prioritized. Quantum-safe out-of-band key distribution systems that embrace the zero-trust security model, such as Phio TX, address the known vulnerabilities of classic encryption and popular security protocols.
6. New Types of Programming
We’re on the brink of the Software 2.0 era, where AI-driven applications will be scaled through “machine written programs.” Software applications will be more capable than what we see today. But with more power comes security risks and the challenges for existing software processes to be standardized and automated. Building software into the development process (DevSecOps) will soon need to include quantum-safe security measures to ensure the long shelf-life of critical applications.
7. Bio Revolution
The advancement of biotechnology and capabilities will significantly impact health, agriculture, energy, and material industries. However, “Organizations need to assess their biological quotient – the extent to which they understand biological science and its implications.” This information and library of data need to be accessible for the right groups but still secure from the wrong hands. It will require the strongest form of encryption available — quantum-safe data security.
Although every trend and technological advancement will pave the way for innovation, new technology always carries risks. Organizations need to start thinking about post-quantum threats now in order to future-proof the security of their data and communication networks. Learn more about how Quantum Xchange can protect your organization. Our team ensures your business is crypto agile and can help you start preparing for the shape of things to come. Get in touch with our experts today.
