The Joint Center for Quantum Information and Computer Science (QuICS)—a research powerhouse focused on quantum computation, quantum communication and quantum cryptography—recently received a renewal of federal funding from the National Institute of Standards and Technology (NIST).
The introduction piques our interest. Quantum computing may be here in 5 years – or 15 years – and that has been said for a
The Department of Homeland Security (DHS), in partnership with the Department of Commerce’s National Institute of Standards and Technology (NIST), released a roadmap to help organizations protect their data and systems and to reduce risks related to the advancement of quantum computing technology.
A research team that includes two UO physicists have outlined new techniques for controlling the building blocks of quantum computing, a potentially significant step toward making such computers more accurate and useful.
Using quantum computing, attackers can likely break even the most advanced encryption methods. The greatest concerns are Shor’s Algorithm and Grover’s Algorithm, which are two of the most touted capabilities of quantum computing. Once these are easy for attackers to obtain, they will be able to use these algorithms to break existing symmetric, and asymmetric, defenses.
Verizon is testing how a Quantum Safe Virtual Private Network (VPN) can enhance protection of data today in order to thwart hackers in the future. As quantum computers become more advanced, they will have the potential to break today’s public key encryption ciphers. Theoretically, hackers could capture data riding on networks today and store it until quantum computers have the power to break the encryption. It’s a little like stealing a bank safe today and holding on to it until someone discovers how to pick the lock. Verizon, and others, believe the key to safeguarding information will be a Quantum Safe VPN. This technology uses session key exchange security mechanisms or cryptographic ciphers that can provide a higher level of protection. Essentially, it’s a solution that enhances encryption methodologies today in order to make them even more difficult to hack tomorrow.
Quantum computing is proving to be enormously exciting for financial institutions. Already, Goldman Sachs and Deutsche Börse are exploring quantum algorithms to calculate risk model simulations 1,000 times faster than currently possible, while BBVA is looking to quantum to optimise investment portfolio management.
Physicists at the National Institute of Standards and Technology (NIST) have linked together, or “entangled,” the mechanical motion and electronic properties of a tiny blue crystal, giving it a quantum edge in measuring electric fields with record sensitivity that may enhance understanding of the universe.
Why quantum and data protection should go hand in hand Read More… + The era of quantum computing is fast approaching, and with it the
To get a head start on executing a migration roadmap, NIST has outlined five implementation scenarios that aim to identify quantum-vulnerable cryptographic code, prioritize the replacement of that code and address remediating deficiencies based on security controls’ dependence on quantum-vulnerable cryptography.
