The interactions between companies and security threats has been always cyclical. The vulnerabilities and threats are revealed and exploited. Hackers hack and attack businesses, and companies attempt to repair, patch and fix their cybersecurity weaknesses. Cybersecurity is essentially looking to be in front of cybercriminals trying to keep an inch ahead in cybersecurity initiatives.
However, every now and then new technology changes the way we do things, requiring radical action, typically from both ends. Cloud computing for example has changed the way businesses take cybersecurity seriously, which is a shift that many businesses are currently trying to work through.
Quantum computing is a technology that has the potential to revolutionize our approach to working with technology and computers by providing us with a huge computing capacity. But, if it's misused in the improper hands, quantum computing could cause a security risk. In the event that we aren't prepared, companies are likely to be exposed in ways that have never been before.
Quantum computing is an entirely new paradigm that needs to be addressed in the earliest possible time, before hackers are able to access the technology.
The Way Quantum Computing Will Change Encryption Forever
1. The Way Quantum Computing Will Change
Encryption Forever
The interactions between companies and security threats has been always
cyclical. The vulnerabilities and threats are revealed and exploited. Hackers hack and
attack businesses, and companies attempt to repair, patch and fix their cybersecurity
weaknesses. Cybersecurity is essentially looking to be in front of cybercriminals trying
to keep an inch ahead in cybersecurity initiatives.
However, every now and then new technology changes the way we do things, requiring
radical action, typically from both ends. Cloud computing for example has changed the
way businesses take cybersecurity seriously, which is a shift that many businesses are
currently trying to work through.
Quantum computing is a technology that has the potential to revolutionize our
approach to working with technology and computers by providing us with a huge
computing capacity. But, if it's misused in the improper hands, quantum computing
could cause a security risk. In the event that we aren't prepared, companies are likely
to be exposed in ways that have never been before.
Quantum computing is an entirely new paradigm that ne eds to be addressed in the
earliest possible time, before hackers are able to access the technology.
A quantum computer's promise
Quantum computing was in the process of development since the last decade and is
based on the basis of quantum mechanics. The traditional computing system has
relied on binary systems of 0 and 1s quantum computing is powered by quantum
mechanics instead of operating on a binary system it is a Qubit -based system which
can possess quantum properties like being simultaneously and1. or1.
Without getting into the technical aspects that are being researched and developed
quantum computing is far more efficient than traditional computing, and that's what we
can access in the present even in the context of supercomputers.
Computing power is usually evaluated by its ability in processing data as well as
resolve complex mathematical problems. Quantum computers are capable of
processing information and solve mathematical challenges in fractions of the time it'd
take with a traditional computer or supercomputer.
It has enormous potential in the fields of research in medicine and finance AI and
cryptography. For instance, Goldman Sachs and QC Ware are making quantum
computing as service available within five to 10 years time and promising a 1000 x
boost in the mathematical calculation used in financial decision -making. However, it
may alter some of the security technologies we have in place, and, if it becomes the
responsibility of criminals, could destroy the basis of our security systems that we use
across the internet.
2. Traditional encryption could be removed from
use by the use of QC
We rely on encryption each and every each day, whether we realize whether or
not. The encryption process hides the data behind mathematical equations that are
difficult for computers of any kind to resolve. The process of decrypting the data is
virtually impossible or will require thousands, if not hundreds of years. It is almost like
keeping it inaccessible.
We utilize encrypted communication to ensure that our day -to- daily activities from
being viewed by snoopers through HTTPS that is slowly making its way to nearly every
site. End-to-end encryption also helps keep conversations safe in apps such as Signal
or WhatsApp. Businesses also use encryption to ensure that their information secure
in case they lose it through leaks, data breaches and accidental expose.
This may prevent hackers from gaining access to, selling and leaking data when the
hacker has successfully hacked the company and then smuggled the informatio n.
Quantum computing could be used to undermine the basis for the encryption standards
currently in use. If we consider the previous scenario, a hacker that is able to
successfully steal encrypted information from a company could not have a problem in
decrypting the data if they were able to access quantum computing technology.
Although quantum computing might not be accessible to all -- but well-funded state-
sponsored hackers and hacker groups could be the first to acquire one. Like we saw
with the popularity of Ransomware as a Service (RaaS) -- it could suffice for one
business to be able of using quantum computing to give access to other hackers who
would normally not have the resources or funds.
Standards for encryption must be updated
completely
While this nightmare scenario may be extremely real, we have time to plan for
it. Quantum computing won't be accessible for another 10 -20 years because the
technology continues to develop. Researchers have time to come up with new
encryption methods and standards, as well as allowing companies to apply these
standards appropriately.
But, researchers face quite the task ahead of them. They must develop the latest
encryption methods that are secure against quantum computing while with traditional
hardware. It's already a difficult battle that has to be completed sooner rather than
later because more time is needed for a post quantum secure encryption technique to
be made available in the long run, the longer it takes for those standards to be
adopted across all businesses and the web.
For instance, HTTPS, which is an encrypted version of HTTP and is much more
secure, had only a 50% of the websites in 2016 as per Google's analysis of
traffic (Google assessed the number of HTTP and HTTPS websites loaded by
Chrome). In 2021, the percentage has increased to 95 percent.
3. It's difficult to predict how quantum secure encryption postquantum implementation is
going to progress however the more time we have the more time we have, the more
effective. It is preferential to be proactive with these encryption techniques in place
before quantum computing could be used to attack malicious hackers.
NIST recently unveiled new post-quantum
secure algorithms
We've made the first step to combat this risk. NIST has recently chosen four
algorithms which are post-quantum safe and will be part of NIST's post quantum
cryptographic standard that is expected to be finished within the next two years.
In the last couple of months, Bitdefender researchers worked on research subjects
related to the security foundations for the lattice -based ideas that were presented to
NIST.
These algorithms strengthen and harden the encryption that forms the security base
that protects TLS that is the fundamental encryption protocol used throughout all
internet communications. The algorithms were created to support the use of digital
signatures that verify identity and facilitates signing documents remote.
The algorithms used are based on classical computing , and were designed using
traditional hardware, which means they can be utilized with the modern computers and
will remain secure against quantum computing. This is a significant step toward
becoming post-quantum safe and is an essential aspect of security in networks for
individuals and companies alike.
The encryption standards we currently have are adequate, but with quantum computing
in the near future and the need for an upgrade, it's time to get one. In the meantime,
as NIST continues to work on developing and makes their final decisions regarding the
algorithms it recommends, security researchers as well as IT departments must begin
making plans for the implementation of the new cryptographic standards.
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