Quantum Computing And The Risk To Classical Cryptography
Security Boulevard, Wednesday, August 28th, 2024
The recent standardization of first three post-quantum cryptography (PQC) encryption and digital signature algorithms by the U.S. National Institute of Standards and Technology (NIST) has officially kicked off the race to PQC readiness.
In its PQC press release, NIST cites predictions that within the next decade, a cryptographically-relevant quantum computer (CRQC) capable of running Shor's algorithm will pose a significant risk to classical cryptography because it will have the ability to efficiently solve problems that are currently infeasible for classical computers.