Today, a huge amount of stolen information is lying in foreign databases. They are ready to be exposed in the next few years with the imminent arrival of quantum computers. It’s time for governments and enterprises to step up. They need to be quantum-ready and develop a cryptoagility strategy.
With the acceleration in digital transformation, there is an increase in likelihood of data breaches. Today, nations are developing smart cities, autonomous cars and other edge devices where the vulnerabilities can open up at many points. We live in a world where codes run power plants, industries and more. But this kind of digital transitioning demands upgradation of data security too.
Data is a critical part of digitization; nation-state hackers pose a threat to the best of cybersecurity systems since they can steal vital information, including drug blueprints, government confidential information, banks’ sensitive data, enterprise R&D information and nuclear blueprints.
Cybercriminals are continuously finding ways to incorporate sensitive information in their networks across the globe. Hackers working for China, Iran, Russia, North Korea and other nations are spying and stealing data and harvesting them for the future.
Some of the attacks which we can relate in the past are where the data is really sensitive are:
In the battles of cybersecurity and cybercriminals, the game changer is coming in the form of quantum computers which can break the conventional cryptography in no time. Any encryption which is built on mathematical complexities (which include RSA, DSA, ECDH and other variants of ciphers) are highly vulnerable to quantum attacks.
Encryption protects everything from sensitive information to operation of power plants, dams, stock markets, defence secrets, governments sensitive data and more.
Data tapping is not new. Hackers are motivated to tap the encrypted data and collect substantial amounts of it, while waiting for quantum computers to crack the keys. If hackers are able to crack the encrypted keys, it will be the next “data pandemic”.
China and US are in the race to develop a quantum computer, which can democratize many industries, particularly in the fields of medicine, AI and scientific modelling. Chinese satellites are using quantum cryptography to secure video conferences between continents. Swiss government is also using quantum key distribution (QKD) to protect its national elections and many such applications.
As tons of data is already sitting on cloud, databases can be exposed any time in the near future using a quantum computer. The estimated time is 2-3 years. Are you ready for the next data pandemic?
Are you an organization having a data shelf life of 10+ years and are planning to be cryptoagile? Write to us for a free consultation at firstname.lastname@example.org