The rate at which quantum computing is hitting the media stream is ever-increasing. This piece is a collection of articles and reports covering various aspects of quantum computing from the lens of cybersecurity and cryptography. Mea Cubitt
Quantum Computing: The Cause of the Next Crypto Crash | The notion that a quantum computer might someday break bitcoin is quickly gaining ground. That’s because quantum computers are becoming powerful enough to factor large prime numbers, a critical component of bitcoin’s public key cryptography. Quantum computers rely on what is known as Shor’s algorithm to achieve this feat. Shor’s algorithm dramatically shortens the time required to solve factorization problems. It’s also tailor-made for quantum computing, as it exploits the “superposition” of states used in quantum computing. Source: BENZINGA. John Porter Quantum Computing: The Cause of the Next Crypto Crash…
Fime enables quantum-resistant migration with Mastercard Ecos qualification | Fime has been recognized by Mastercard to test solutions in line with the Mastercard’s Enhanced Contactless specifications. The Ecos specifications look to future-proof contactless solutions against new technologies such as quantum computing. This allows consumers, merchants and financial institutions to benefit from enhanced convenience, trust and privacy. Source: Finextra. Fime enables quantum-resistant migration with Mastercard Ecos qualification…
Terra Quantum announces 40,000km quantum cryptography breakthrough | Terra Quantum, the Swiss quantum technology company, is today announcing a breakthrough in quantum cryptography with a technology that allows quantum cryptography keys to be transmitted over a distance of more than 40,000km — the circumference of the Earth. Source: \sifted/. Terra Quantum announces 40,000km quantum cryptography breakthrough…
Why quantum and data protection should go hand in hand | Critical infrastructure has long been a popular target for adversaries and sophisticated criminal organizations. The hacking gang and ransomware extortionists known as DarkSide infiltrated Colonial’s systems through a compromised password on an old, disused VPN account, leveraging it not only to deploy ransomware but also to steal more than 100 GB of data. Source: GCN. Why quantum and data protection should go hand in hand…
Educational Paper on Rethinking Cybersecurity in a Quantum World | The widespread use of cryptographic solutions today means that all information assets that are valuable to us could be at risk as advances in quantum computing technology threatens essentially all public key cryptographic schemes currently in use. This paper provides updated information for business leaders to keep abreast of this emerging risk’, said Samuel Sinn, Partner, Cybersecurity & Privacy Service, PwC China. Source: COWDFUND INSIDER. Educational Paper on Rethinking Cybersecurity in a Quantum World…
In crosshairs of ransomware crooks, cyber insurers struggle | In the past few weeks, ransomware criminals claimed as trophies at least three North American insurance brokerages that offer policies to help others survive the very network-paralyzing, data-pilfering extortion attacks they themselves apparently suffered. Source: Omaha World-Herald. In crosshairs of ransomware crooks, cyber insurers struggle…
Australia strengthens cyber security partnership with Quad partners India-US | New Delhi: Australia has announced that three of its leading universities will collaborate with their American counterparts to explore the use of trusted autonomous systems for cyber security as part of the Next Generation Technologies Fund’s (NGTF) Australia US Multidisciplinary University Research Initiative (AUSMURI) program. Source: Et Telecom.com. Australia strengthens cyber security partnership with Quad partners India-US…
Fact check: Quantum computing may transform cybersecurity eventually – but not yet | From the immutable yet seemingly impractical blockchain to artificial intelligence systems that are really just machine learning systems (which in turn are often really just rules-based software with data analytics), it’s common for marketing departments to blur the lines between innovation and grift when selling new technologies, and for businesses to get snookered. Source: SC. Fact check: Quantum computing may transform cybersecurity eventually – but not yet…
Quantum-Resistant Blockchains Set to Tackle the Issue of Cyberattacks in Crypto | The Covid-19 pandemic has brought about many changes in how traditional industries operate, with the most notable shift being to digital ecosystems. While there have been significant benefits in this paradigm shift, the year 2020 saw a massive increase in the number of cyberattacks. Criminals are now shifting to digital ecosystems to take advantage of the loopholes and unsuspecting internet users. Source: InvestingCube. Quantum-Resistant Blockchains Set to Tackle the Issue of Cyberattacks in Crypto…
