Quantum technology is on the brink of a breakthrough. This giant leap forward in computing power will enable unprecedented speed and power for certain industries. However, with this scientific milestone also comes significant cyber risk. For example, quantum computing has the power to break today’s standard encryption methods – processes that are widely used to protect customer data, complete business transactions, and secure communications.
While a handful of industry giants in tech and academia have reported “quantum breakthroughs” there are still skeptics that disprove quantum’s progress thus far. Nonetheless, it’s just a matter of time. Quantum advances aside, the reality is that anything secure today will no longer be secure in the future. Because of this, companies need to be vigilant about staying up to date with the adoption of new standards.
However, industry groups (for example, NIST in the United States) are expected to debut new standards for quantum-resistant cryptography. In turn, companies will need to understand what these new standards will mean for their organization overall.
Ted Shorter, co-founder, and CTO of Keyfactor joins me on Tech Talks Daily to discuss the potential impact of a quantum cryptography advancement and what this means in the future. We also talk about how the new standards will affect OS/software vendors and how the new standards will affect organizations.
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