The protections and purchasing power of contactless payments took a step forward as Mastercard announced the approval of the first cards for issuers that are compatible with the new EMVCo® contactless specifications designed to protect against attacks from both traditional and quantum computers.
The key takeaway from the recent NIST announcement is that the NIST algorithms finally bring clarity and certainty to the business community as they transition from algorithms such as RSA encryption to a new, tangible PQC framework.
Technology Innovation Institute’s Cryptography Research Centre in Abu Dhabi collaborates with Yale University Partnership aims to pioneer breakthroughs in post-quantum cryptography and neuromorphic computing, leading to
More corporations are working on the hard-problems created by the threat of quantum computers to current encryption methods to include PKI and key management and delivery.
Quantum computing-related applications to real life are emerging in the consumer sector. QBKEY brand is using quantum random number generation to create key pairs for use in their biometric (thumbprint) device. The device supports encrypted file protection and sharing, secure shell key management and password management. The QRNG key pairs are coupled with “multi-level encryption using the AES, RSA, and ECC algorithms.”
This past week, cryptologists from Belgium and The Netherlands released a report on a post-quantum computing algorithm promising quantum resistance. The claim is the algorithm provides a non-interactive key exchange while similar in construct to common elliptic curve cryptosystems (ECCs). This commutative, super-singular elliptic-curve, is touted as being able to be “dropped-in” to replace instantiations of quantum-vulnerable ECCs while maintaining quantum-resistant security schemes.
