Envisioning the Future of Cyber Security in Post-Quantum Era: A Survey on PQ Standardization, Applications, Challenges and Opportunities

Abstract: The rise of quantum computers exposes vulnerabilities in current public key cryptographic protocols, necessitating the development of secure post-quantum (PQ) schemes. Hence, we conduct a comprehensive study on various PQ approaches, covering the constructional design, structural vulnerabilities, and offer security assessments, implementation evaluations, and a particular focus on side-channel attacks. We analyze global standardization processes, evaluate their metrics in relation to real-world applications, and primarily focus on standardized PQ schemes, selected additional signature competition candidates, and PQ-secure cutting-edge schemes beyond standardization. Finally, we present visions and potential future directions for a seamless transition to the PQ era.