Quantum Is Coming for Your Encryption. Now What?

The Institute of Internal Auditors Presents: All Things Internal Audit Tech Quantum computing might sound futuristic, but internal auditors need to prepare now. Bill Truett catches up with Nick Reese to talk about what's changed in the quantum space — including new cryptography standards — real-world risks, and what internal auditors can do today to get ready. HOST: Bill Truett, CIA, CISA Senior Manager, Standards & Guidance, IT, The IIA GUEST: Nick Reese Co-founder and Chief Operating Officer, Frontier Foundry Adjunct Professor, New York University KEY POINTS: Introduction and What's New in Quantum [00:00-01:34] What is Quantum Computing? [00:01:34-05:57] Milestones in Quantum Development [00:05:58-07:50] Quantum + AI? Not Yet [00:08:12-09:58] What Auditors Should Know About NIST Standards [00:10:00-11:54] Immediate Steps for Internal Audit [00:13:15-17:38] Legislation and Regulatory Outlook [00:20:28-22:19] Global Threats and Historical Analogies [00:22:20-26:11] Key Terms Auditors Should Learn [00:26:17-28:34] Training Resources [00:28:35-31:00] Opportunities Beyond Risk Management [00:31:00-34:11] The Five-Year Vision [00:34:16-37:21] THE IIA RELATED CONTENT: Interested in this topic? Visit the links below for more resources: 2025 Governance, Risk & Controls Conference All Things Internal Audit: Quantum Computing GTAG: Assessing Cybersecurity Risk Cyber Resource Center Post-Quantum Cryptography Roadmap – DHS.gov NIST's Post-Quantum Cryptography Project Visit The IIA's website or YouTube channel for related topics and more. Follow All Things Internal Audit: Apple Podcasts Spotify Libsyn Deezer