Crypto researchers crunch to protect data for quantum computing era paid Oracle
, and because many organizations require data to be kept secret for years, “businesses that have quantum computing on their radar and start planning will do a lot better than those trying to put out a fire in two years,” he says.Courtesy of Dustin Moodyaims to evaluate, stress-test, and ultimately publish by 2025 a new set of online encryption schemes that quantum computers can’t break.
Today’s widely used public-key cryptography systems safeguard ecommerce, internet banking, telecom networks, email, blockchain, and more. They rely on computers’ inability in a reasonable time to find the two prime factors of extremely large numbers—as in the widely used RSA algorithm—or to compute discrete logarithms in a finite mathematical field or an elliptic curve.
“The real thing we’re worried about is if quantum computers come out before the industry can fully retool,” says Daniel Southern, an information security senior manager at Oracle, who is evaluating the effect NIST’s Post-Quantum Cryptography algorithms could have on products under real conditions, and advising engineering teams about the findingsGlobal companies will ultimately adopt these standards for data encryption, and products including databases, business applications, productivity...
The result could be that the resolution of an airplane design model doesn’t have to get fuzzier as objects increase in size, or financial portfolio analyses could encompass many more market variables. Drug design software could model every atom in a molecule. That fine grain is beyond today’s computers for even a common drug such as penicillin, according to a Boston Consulting Group report last year on the economic potential of quantum computing.
in annual operating income by 2024 by applying quantum computing to supply chain and financial portfolio optimization, vehicle design, and drug discovery, BCG writes. The impact could accelerate to $25 billion to $50 billion annually within 10 to 20 years.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Switzerland files criminal complaint over Crypto spying scandalThe complaint against persons unknown for alleged breaches of the law governing export controls follows recent reports on 'Operation Rubicon', which for decades involved spy services covertly reading other nations' secret messages.
Read more »
IHOP Has New Cereal Pancakes, and There’s a Cinnamon Toast Crunch StackYes, yes, and YESSS. 😍🙌
Read more »
IHOP Is Adding Cinnamon Toast Crunch and Lucky Charms Pancakes to Its MenuThere are also cereal milkshakes on the menu.
Read more »
Context-driven Digital Trust: A New Security Paradigm For Hybrid Multicloud OrganizationsIn light of emerging regulations on data privacy—and the ever-increasing risk of data breaches—the need to secure corporate data and identity is paramount paid IBMSecurity
Read more »
Sanofi Pasteur researcher warns against overconfidence with coronavirus vaccine development'We think there are good tools and approaches at hand that will find success, but we should not be too overconfident that this can happen quickly,' Sanofi Pasteur's Dr. John Shiver said.
Read more »