Sep 20, 2016

Prepare for threat of quantum computing to encrypted data, Canadian conference told

Posted by in categories: business, computing, encryption, government, quantum physics, security

My suggestion; don’t be one of those companies and governments in the next 5yrs that waits until the 9th hour meanwhile others planned, invested, and executed properly so they’re not exposed like you are.

The race to create new cryptographic standards before super-fast quantum computers are built that can rip apart data protected by existing encryption methods isn’t going fast enough, two senior Canadian officials have warned a security conference.

“I think we are already behind,” Scott Jones, deputy chief of IT security at the Communications Security Establishment (CSE), responsible for securing federal information systems, told the fourth annual international workshop on quantum-safe cryptography in Toronto on Monday.

Quantum computing – or more accurately, computers that use quantum mechanics – is not a dream, Jones and others told the conference of business executives, crypto academics, IT companies and government officials. One prediction is there’s a one in seven chance that by 2026 a quantum computer will exist that can break RSA-2048 encryption. It may take longer — or, if there’s an advance, shorter.

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