Quantum computers possess the potential to be exponentially more powerful than traditional computers, and with that power comes the potential for misuse.
For example, quantum computers could easily be used to break encryption and other security protocols, allowing malicious actors to gain access to sensitive data and networks. Additionally, quantum computers could be used to create weapons of mass destruction, or to manipulate stock markets for ill–gotten gains.
The encryption algorithms we use today will take conventional computers hundreds of years to break. With the much more powerful quantum computer, they can be broken within a few seconds. Quantum computing will render current encryption useless. This can happen anytime and for all we know it may have already happened on a national level! Think about this. The U.S. Department of Energy (DOE) announced on August 26th 2020 that they would spend $625 million on quantum advancements. They have also awarded $115 million to Quantum Systems Accelerator (QSA), a new research center, to pioneer the development of quantum technologies for discovery science. In 2021 Honeywell Quantum Solutions and Cambridge Quantum achieved a quantum volume of 1,024 and demonstrated real-time error correction, to a breakthrough algorithm that enables quantum machines to do more significant calculations with fewer qubits. The above-mentioned companies and government agencies are not the only ones. There are several others pumping millions of dollars into the R&D of quantum computing. It’s evident that the global quantum computing race has begun some time ago already and is advancing rapidly.
So, is your data safe? Can your current encryption safeguard against quantum threats? The answer is an obvious NO. And here comes the SOLUTION – IronCAP™’s quantum-safe cryptography can provide that ultimate layer of protection to your data.
IronCAP™ is the SOLUTION for 3 main reasons:
- Its quantum-safe cryptography is designed to operate on current computers to protect against cyber threats from not only today’s computers but also tomorrow’s quantum computers
- Its breakthrough technology is patent protected and industry endorsed
- Its cryptography has been put to test in 2 global hackathons and proved unscathed
Industry leaders need to start migrating towards quantum-safe encryption now. Cryptographic algorithm transitions take time and involve massive coordination effort across many stakeholders in different industries. By preparing now and adopting post-quantum cryptography solutions like IronCAP™ can ensure a more orderly, less costly, and modestly disruptive changeover.
IronCAP™‘s quantum-safe solution is readily available today. To learn more, visit www.ironcap.ca.
DOE $115 million award for quantum lab.
DOE $625 million investment in quantum.
You need to act now!
We at IronCAP™ have been trying to educate businesses and individuals that Q-day (the day the first quantum hack is publicly recognized) is around the corner and everybody needs to gear up. Nation states and governments are already at it, how about you? To learn more, visit www.ironcap.ca.
IronCAP™ is our latest innovation for the post-quantum cybersecurity. This patent-protected, post-quantum cryptographic system is based on the Goppa Code-based cryptographic technology. It has embedded our proprietary subclass of (L, G) making it not only more secured but also has faster cryptographic operations (key generation, encryption, decryption) than the traditional Goppa Code-based technology (McEliece). We are offering a live demonstration for the general public to try and experience the strength of IronCAP™ post-quantum encryption easily. To learn more, visit www.ironcap.ca.