China just beat Google to the race of quantum supremacy, making it 10 billion times faster as per the report published on Live Science in early December, 2020. Recently a team of Chinese scientists developed the most powerful quantum computer in the world that can perform one task a 100 trillion times faster than the world’s fastest supercomputers.
U.S.A, China and many other countries are heavily investing in quantum computing. In fact reports from NDTV suggest China is spending US$10 billion on the country’s National Laboratory for Quantum Information Sciences.
Quantum computers could very well crack traditional encryption such as RSA by 2022. A 2019 DigiCert report suggested security teams need protection from quantum breaches by 2022. Becoming quantum-safe 2-years-too-early or 2-years-too-late is everything. The most valuable resource today is data and in 2020 alone we have seen large corporations such as Fire Eye, Zoom, Twitter and many more struggle to keep their data safe.
The growing ease with which hackers are breaching company and government agencies suggests quantum hacking may have already happened. IronCAP recognizes the risks of quantum hacking and can provide you quantum-safe encryption today. Our unique cryptography technology is designed to operate on conventional computer systems while at the same time can safeguard attacks from quantum computers. It is proven secure at a hackathon, vetted by industry experts and is low-cost.
Instead of spending tons of money in lawsuits to recover data, investing a fraction of it on your post-quantum cybersecurity NOW is the wisest business decision to make.
To learn more, visit www.ironcap.ca.
References:
Live Science article
DigiCert report
China claims Quantum supremacy