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Most of us remember Y2K. The global Y2K project aimed to replace the two-digit year codes with four-digit codes by December 31, 1999, to ensure that computers didn’t think the year was 1900 and bring the world to a halt. We successfully navigated the problem. At the tick of 00:00:01 on January 1, 2000, the world functioned as usual.
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Today, most cyber threats and attacks go undetected. Quantum cryptography is a boon in this case as it allows firms to understand and detect threats such as MITM attacks, DDoS Attacks, Trojan attacks, and security spoofing.
Countries around the world are adopting quantum technologies at a rapid rate. India announced the National Quantum Mission to demonstrate the government’s dedication to advancing quantum science in the country and hint at quantum priorities.
Quantum computing uses fundamental principles of quantum mechanics to perform complex processing. Quantum cryptography leverages the same principles for advanced data encryption. However, quantum computing and quantum cryptography are not allies. Instead, they stand tall against each other at the crossroads!
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Encryption, a crucial digital security practice, conceals information from unauthorized access by establishing entry parameters, akin to a password for data retrieval. It involves transforming data into an unreadable format using intricate algorithms, rendering it inaccessible to unauthorized entities.
Data sent over public communication channels are secured using cryptography. It protects all kinds of electronic communications as well as passwords, digital signatures, and health records. The advent of quantum computers has put cybersecurity under a state of alarm. Large-scale quantum computers have the power to break public key encryption.
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To ensure safety and trusted communication in today’s connected world, random number generators are a critical security element. The strength of the security system lies in the quality source from which the entropy is derived.
Quantum computers use the laws of quantum mechanics to process information in quantum bits or qubits. Qubits can exist in multiple states at the same time (called quantum superposition). This property allows quantum computers to process data and solve problems exponentially faster than classical computers.
Cryptosystems are designed to cope with the worst-case scenarios: an adversary with infinite computing resources can get access to plaintext/ciphertext pairs (and thus could study the relationship between each pair) and know the encryption and decryption algorithms; and can thereby choose plaintext or ciphertext values at will.
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On December 21, 2022, President Biden signed the Quantum Computing Cybersecurity Preparedness Act, which encourages federal government agencies to adopt technology that protects against quantum computing attacks.
Google announced crossing the Quantum Supremacy Threshold of 53 Qubits. This essentially means that a Quantum Computer (QC) of 53 Qubits can perform some operations faster than the most advanced supercomputers today.
The safest mode of data exchange using quantum encryption.
The global energy demand is estimated to increase by 50 percent by 2050. The growing energy demand necessitates more devices to regulate energy generation, transmission, and distribution. The present-day grid relies on a vast number of networked devices and sensors that constantly monitor energy inputs and outputs to optimise the production and distribution of energy.
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As the digital landscape evolves, the threat of quantum computing to conventional encryption methods becomes increasingly real. Quantum computers, with their ability to solve complex problems exponentially faster than classical computers, pose a significant risk to the encryption algorithms that currently safeguard our data.
Google’s Chrome team wrote in their blog that they are revising technical standards, implementing and evaluating new quantum-resistant algorithms, and engaging with the broader technology community to ensure a seamless transition.