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US to counter China's quantum threat with new cryptography standards
The US and China are in an intense race to develop quantum technologies and post-quantum cryptography standards.
Marking a significant milestone, these guidelines are expected to be released in the coming days (possibly in the next week) and will ensure the US stays well-equipped to handle any quantum cyber attack. For instance, a modern-day supercomputer would take thousands of years to break a standard 2048-bit RSA encryption which is commonly used to protect sensitive data ranging from digital signatures to banking transactions. Therefore, “Quantum computers powerful enough to break today’s encryption methods pose a serious threat to personal and professional information, from trade secrets to national security files and military plans,” Pflitsch added.
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