PUBLISHED : 16 Aug 2023 at 08:00
Quantum computers have the potential to decrypt sensitive data transmitted across ordinary networks, posing a threat to the security of the digital economy. Industries with sensitive and long-lasting data, such as financial services, are particularly at risk from these attacks.
Malicious actors have already begun collecting encrypted data, anticipating a future breakthrough in quantum computing that would enable them to decrypt it. These attacks, known as “harvest now, decrypt later,” target industries like banks and government departments, taking advantage of…