"If platforms and solutions are not developed and put in place, according to "Quantum Threat: The Trillion-Dollar Security Race is On," there will be no protection against the breaking of public-key encryption in use today. This is ominously referred to as "Q-day." Q-day is coming. The report maintains quantum computers will be able to "perform certain calculations, particularly those required to break today's complex encryption standards, at speeds that are orders of magnitude faster than any supercomputer imaginable.""
"The good news is that there still is time to build security infrastructure. The report cites data from Kalsk Inc. that map out the timeframe expected by respondents until computers capable of certain cracking capabilities become available. Eight percent of experts think it will be possible before 2027, 39% before 2030, half before 2035, and 53% before 2040. The researchers found that "post-quantum" cryptography is the key to safety."
Quantum computing will enable calculations that can break today's public-key encryption, creating a 'Q-day' risk to current security. There remains time to build security infrastructure based on experts' timeframe estimates: 8% before 2027, 39% before 2030, 50% before 2035, and 53% before 2040. Post-quantum cryptography is essential for safety, but selecting and scaling the right solutions is challenging. Systems requiring long-term confidentiality face urgent risk of retroactive decryption. Vulnerabilities extend to many blockchains, with only about 25% of bitcoins protected by public-key exposure limits. Telecommunications networks play a key role.
Read at Telecompetitor
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