topic Re: Are you ready for Q-Day? in Industry News

Are you ready for Q-Day?

Caute_cautim — Mon, 09 Oct 2023 10:39:26 GMT

Hi All

Are you ready for Q-Day?

https://www.infosecurity-magazine.com/news/eu-prepare-quantum-cyber-attacks/

Regards

Caute_Cautim

Re: Are you ready for Q-Day?

dcontesti — Mon, 24 Jul 2023 04:55:48 GMT

Can I say that I want to hide ? Thanks for the article.

Re: Are you ready for Q-Day?

Caute_cautim — Mon, 24 Jul 2023 05:46:45 GMT

@dcontesti Good try, but some how they will find us, no matter where we intend to hide, unless we cut off social media, e-mail, phones, TV and find an island to contemplate our next move.

It is just a set up, a challenge, a barrier to over come - having a growth mindset helps a great deal.

Regards

Caute_Cautim

Re: Are you ready for Q-Day?

dcontesti — Mon, 24 Jul 2023 18:40:27 GMT

I know that it wouldn't make sense to hide but if I do it might distract them temporarily. 🙂

As I have stated before, I believe that we need to train our security folks to be hackers first and then we might have a chance of keeping up with them.

Re: Are you ready for Q-Day?

denbesten — Tue, 25 Jul 2023 03:18:25 GMT

From the article, "Experts believe this will occur in the next five to 10 years, potentially leaving all digital information vulnerable to cyber-threat actors under current encryption protocols."

So, I need to pray that new protocols are developed within the next 5 to 10 years, or pray that I find a stash-of-cash so I can retire by then.

Re: Are you ready for Q-Day?

Caute_cautim — Tue, 25 Jul 2023 04:05:43 GMT

@denbesten Personally, I think it will happen far quicker than 5 to 10 years.

Unfortunately, by the time, we even think about retirement, all of us will be using digital funds, so it will become a headline subject. Where do you think it would be best to stash your hard earned funds - under the bed.....

Many nations cannot get digital identity working correctly as yet, and face many challenges including trust, repudiation, cultural issues - unless mandated by the state.

Would you trust an augmented intelligence, run by the bank? We may have no choice at all.

When even a CBDC in Brazil had built in code, to ensure they could access the funds and redeploy them at will? CBDC - (central bank digital currency), acronym blasting at the same time.

Or a hardware crypto wallet?

Regards

Caute_Cautim

Re: Are you ready for Q-Day?

denbesten — Tue, 25 Jul 2023 14:00:01 GMT

@Caute_cautim wrote:
...face many challenges including trust, repudiation, cultural issues...

My yardstick is the currency being backed with "the full faith and credit" of the country,

Unfortunately keeping money under the mattress results in a guaranteed loss matching the inflation rate, so no wins there.

Personally, I think it will happen far quicker than 5 to 10 years.

Lottery-ticket retirement-plan it is.