In recent years, companies have made efforts to protect corporate data from bad actors. Encryption used to be one of the safest methods of protecting sensitive information. Nonetheless, the rise of quantum computing is putting cryptography at risk. IBM recently released a report highlighting this trend and the results are quite disturbing.
Malicious actors can use quantum computing protocols to decrypt data much faster. They don’t even need to use current quantum computing. They can collect data and wait for quantum computing to advance enough to decipher it.
It’s unclear how much of the data collected by these attackers can be decrypted later. Traditional encryption protocols, like RSA, are based on mathematics, and while they’ve been pretty good for some time, they may be powerless against quantum computers.
The appeal of quantum computing is that it’s the kind of thing that could potentially result in the brutal drilling of previously unsolvable mathematical problems. This reveals that data encryption will need to be stepped up, otherwise hackers will be able to decrypt your data without much difficulty.
President Biden is the latest in a long line of world leaders trying to address this problem before it spirals out of control. It is essential to act quickly, because decryption is very likely to increase once quantum computing becomes commonplace.
This shows that innovation is a double-edged sword. It can simplify many things, but at the same time it can complicate other protocols that used to work perfectly. We’ll have to wait and see how the tech world solves this quantum computing problem.
Source : IBM (PDF)
And she ?
Do you share IBM’s concerns about quantum computing?
In your opinion, can quantum computing completely rewrite the way we approach cybersecurity?
How is your company positioned in regards to quantum computing?