9/17/2023 0 Comments Quintessencelabs 25m main sequence![]() It has become a significant issue across the sector that market-oriented communications are using, stretching and in some cases abusing technical words. Failure to prepare is likely to be viewed increasingly dimly both by sector regulators and by insurance underwriters.įact Based Insight apologies in advance to companies where we do not use terminology in the same way as in their marketing material. A systemic failure of our cyber security would be unprecedented. It’s important to realise that this threat is of a completely different scale and nature to the day-to-day cyber security threats we normally face. It’s important to note though that a more likely date is 2035 or beyond.įor a specific review of hardware status also read Quantum Hardware Outlook 2022. Where businesses need a single ‘reasonable worst case’ date to prepare against, Fact Based Insight continues to suggest 2027, which builds-in the possibility of a national state undertaking a ‘Manhattan style’ project. Q-day – The most authoritative survey of expert opinion on when a future quantum computer will be able to threaten current cryptographic protocols is published by Michele Mosca and the Global Risk Institute. ![]() We know that foreign powers are already busy recording everything, and it is their plan, 10 years from now, to decrypt everything”. An immediate threatĮric Schmidt (former Google CEO) puts it succinctly – “I STRONGLY RECOMMEND business should act now. Fact Based Insight believes their relationship is profoundly synergistic. ![]() To appreciate the challenges and commercial opportunities we have to understand the interplay between these three deep tech segments – cryptography, quantum technology and space. In the longer-term space based distribution promises to accelerate the realisation of entanglement networking and blur the distinction between traditional use cases. In parallel, nanosatellite technology is opening up new horizons for cyber security solutions and challenges. Once we can reliably share quantum entanglement between remote locations, we know how to use this to radically extend the power of quantum computers and to offer other novel capabilities. However, quantum communications ultimately promises many other benefits. New technology is also reinvigorating the traditional technique of out-of-band key delivery. Much activity is underway worldwide to address this threat, including the new maths-based quantum-resistant protocols of PQC, and the physics-based approaches of quantum cryptography, especially QRNG and QKD. Worse, data intercepted and stored today is already vulnerable to decrypt by this future threat. ![]() When a large enough quantum computer is available, we know it will be able to break the current public key cryptography on which Internet and corporate network security depends. These existing threats are now joined by one on a completely different level. Our digital world is already under siege from a host of bad actors. However, to fully appreciate the emerging competitive dynamics and government actions in this sector, we also have to understand the long-term technological revolution that many believe will one day lead to the creation of the Quantum Internet. A wealth of new techniques are emerging to meet the diverse needs of users. The world needs better cyber security, more so now than ever because of the current threat posed by future quantum computers. ![]()
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