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A quantum computer can process data at an enormous speed. A transaction that takes classical computers weeks to compute can be processed by a quantum computer in seconds. The ability of quantum computers to factor many possibilities simultaneously has severe implications for data privacy. Data attacks with advanced quantum technologies could crack even the most advanced encryption schemes.
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.
In cybersecurity, where data protection is paramount, traditional cryptographic methods have long been the stalwart guardians of sensitive information. However, as computing power advances, so too do the tools available to potential attackers. In the ever-evolving landscape, the emergence of quantum cryptography offers a promising solution to the challenges of secure communication in the digital age.
Before understanding Quantum Key Distribution (QKD), let us understand quantum cryptography. Cryptography is the process of encrypting and protecting data such that only the person with the right secret key can decrypt it. Quantum cryptography is a process of encryption using properties of quantum mechanics to transmit data securely, making it hack-proof.
Data is the engine of the new economy. The data economy depends on the creation of data and data sharing. This makes data an invaluable asset for nations, enterprises and individuals. The data exchange fuels data harvesting. Companies and individuals are known to harvest data - extract useful information from data sources for their personal benefit.
The Indian Cabinet recently approved the National Quantum Mission. The mission is essential for building excellence in national quantum security and developing quantum computers, quantum communication, new materials, quantum sensors, and quantum cryptography.
boAt, an Indian electronics company, reportedly faced a major breach that affected more than 7 million of its customers. Media reports pointed out that personal details like names, email addresses, phone numbers, and even their residential addresses were exposed.
A quantum computer is a computing technology that uses sub-atomic particles and the principles of quantum mechanics to perform exponentially faster computations than existing computers. Quantum computing has many applications in healthcare, such as protein folding. However, the technology also has the power to break today’s encryption protocols that secure data and critical systems.
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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Industries such as banking, healthcare, power grids, and telecom (critical digital infrastructure) are at risk as quantum computers become more powerful, and the potential for systems compromise in these industries continues to grow with every passing day.
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Quantum cryptography is no longer a buzzword. The field of cryptography is undergoing a massive overhaul in the quantum era. The anticipation of the launch of a fault-tolerant quantum computer has made cryptographers wake up and take notice.
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.
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.
The process of encrypting data is called cryptography. It converts plain text into scrambled text so that someone with the right “key” can read it. Quantum cryptography, by extension, uses the principles of quantum mechanics to encrypt data and transmit it securely.
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.
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Explore videos and webcasts from QNu Labs to learn more about quantum cryptography, including QKD, QRNG, and PQC. Stay updated on the latest innovations in quantum-secure communication.
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.
Quantum computers use fundamental principles of quantum mechanics to solve complex problems in a matter of seconds (which otherwise would take several years). Once a quantum computer achieves a scale large enough to crack RSA encryption protocols, all of our online data is under threat.
The digitalisation of the economy has impacted the financial services industry more than others. Digital financial transactions have replaced physical currencies. Banknotes were exchanged on trust. They were issued by trustworthy institutes in the country and used between parties without fear of doubt.
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 crypto agility strategy.
Quantum computing (QC) garners a lot of positive press due to its power to solve complex computations several times faster. It is envisioned that QC can be a critical enabler and a strong catalyst to considerably reduce the computational power required to perform complex calculations and boost the future of sixth-generation (6G) communication.