With significant advancements in quantum computing attracting the interests of global tech giants, this article looks at the ever-expanding role of quantum-proof cryptography in cybersecurity.
What Is Quantum-Proof Cryptography?
Also known as post-quantum cryptography, quantum-proof cryptography protects public-key algorithms against quantum computer attacks. Essentially, quantum-proof cryptography protects information, making it impervious to attack, through a process of encryption and decryption.
There are six main approaches to quantum-proof cryptography:
Has Google Achieved ‘Quantum Supremacy’?
Google’s claims of eclipsing the capabilities of classical supercomputers have been met with both excitement and concern from industry experts. Nevertheless, these advancements could potentially pave the way for unprecedented advancements in next-generation computing, potentially revolutionizing numerous aspects of our daily lives, from finance to medicine.
In October 2019, Google announced that its Sycamore quantum processor had completed a task in 200 seconds that would ordinarily take the world’s fastest supercomputer at least 10,000 years to complete, although IBM and others dispute the magnitude of Google’s claim.
Quantum computers are a powerful tool for comparison and optimization, i.e. examining all of the options to find the best choice or route. Quantum computers have a variety of potential applications, from finding the most effective way of extracting natural resources to identifying which shipping route is most cost-effective.
The Future Role of Quantum-Proof Cryptography
Professor Alexander Ling is the principal investigator at Singapore’s Centre for Quantum Technologies. Professor Ling suggests security management teams need to take prompt action, investigating the potential of quantum-proof cryptography to protect systems against the rising threat of quantum computers. Although quantum computers can easily crack encryption in its present form, quantum-proof keys afford optimal protection.
Experts predict that quantum computers will become increasingly commonplace as we move through the next decade. Professor Ling warns that companies need to recognize the risks and take appropriate action. Quantum-proof cryptography enables users to encrypt, send, receive, and decrypt messages. If a message should be intercepted along the way, quantum-proof cryptograph alerts both the sender and the recipient of the security breach.
The world’s leading cryptographers strive to keep ahead of advancements in quantum computing. Blockchain applications such as Bitcoin could be particularly vulnerable to threats posed by quantum computers.
About Domen Zavrl
With qualifications in cryptology from Stanford University, as well as two PhDs, Domen Zavrl is well versed in the benefits of quantum-proof cryptography. Mr. Zavrl has worked with several prestigious organizations, including Enpetro, MBB Ista, and Framingham Asset Management, and is a member of the Institute of Internal Auditors.
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