Post-Quantum Cryptography Race – NIST

If you are in the cyber security industry you know the quantum era is here and our outdated security systems are not ready for post-quantum cyber threats.

The National Institute of Standards and Technology (NIST) has been studying encryption for the post-quantum era and has settled on a group of 15 finalists with two favourable approaches: one is the code-based cryptosystem and second is the lattice-based cryptosystem. The code-based approach is time tested and powerful whereas the lattice-based approach is less time-tested than the code-based AND you will need to wait for 2-3 years for the final result.

At the end NIST will choose one winner from each category. Interestingly of these 15 finalists there is just ONE finalist (in the main candidate list) standing strong on the code-based approach making it the obvious choice and the code-based approach a no-brainer. NIST is still a while away from its final recommendation for the post-quantum era BUT as we know the quantum era is here and we need to be ready for the threats that come with it.

Andrew Cheung, CEO of IronCAP, we did foresee the threats quantum computing could pose and has spent years in developing a unique Goppa code-based cryptographic encryption which is the same method as the code-based approach in the NIST race. IronCAP has been bench tested, independently reviewed, and proven un-hackable in a 3rd party trial (hackathon). Furthermore, IronCAP is already fully developed and available today with many major global cyber consultants partnering with it for its post-quantum cybersecurity strategy instead of waiting around for NIST to publish its final paper.

Global tech giants such as Honeywell, Amazon, Google, Microsoft and IBM already released their quantum computers and are working to better them every day. Honeywell recently stated that they would increase their quantum volume by 10 times every year. We need to be ready NOW and IronCAP’s unique, bulletproof cryptographic encryption will protect you from future quantum threats as well as current cyber threats.