US nears milestone in race to prevent quantum hacking

[Caute_cautim]

Hi All

The quest to shield the world’s digital data from attacks by next-generation quantum computers is about to pass a critical milestone, as US authorities unveil a suite of protection tools. The National Institute of Standards and Technology is poised to publish three approved security algorithms that governments and companies can use to safeguard information from the emerging threat of quantum hacking. NIST’s action is part of a gathering revolution in cryptography in response to fears that quantum computers will one day be able to crack codes protecting sensitive data that have for decades proved unbreakable by less powerful traditional machines. Encrypted data is essential to the functioning of modern societies in the digital age — and keeping it secure is essential to individuals, companies and governments. While industries such as finance and telecom's are planning intensely for the transition, other potentially vulnerable businesses have made few or no preparations.

https://www.ft.com/content/f602b685-8226-42b4-9336-e488c63c37bf

It is forecast that NIST will release the public Post Quantum Cryptography algorithms in the next couple of weeks.

Regards

Caute_Cautim

[singhmanmeet]

True!

NIST's Post-Quantum Cryptography algorithms are designed to secure data against potential threats posed by quantum computers. As of the latest updates, NIST has selected the following algorithms for standardization:

1. CRYSTALS-Kyber: A key encapsulation mechanism (KEM) used for secure key exchange, which is efficient and has strong security guarantees against quantum attacks.

2. CRYSTALS-Dilithium: A digital signature algorithm that provides strong security and efficiency, making it suitable for a wide range of applications requiring authentication.

3. FALCON: Another digital signature algorithm that offers compact signatures and efficient performance, complementing the CRYSTALS-Dilithium algorithm in various use cases.

These algorithms were selected through an extensive evaluation process to ensure they can withstand the computational power of quantum computers, which could potentially break current encryption standards. NIST is AWESOME!