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ANALYSIS
2024 CYBERTHREAT PREDICTIONS :
IS IT TIME TO WORRY ABOUT QUANTUM COMPUTING ?
Industry experts from Barracuda discuss the impending Quantum Computing revolution and its potential implications .
The potential security risks and rewards of Artificial Intelligence ( AI ) have long influenced cybersecurity predictions . The emergence of ChatGPT in November 2022 spotlighted generative AI , emphasising the need to address its security impact . This raises the question : will Quantum Computing follow a similar path ?
Quantum Computing is a groundbreaking technology , offering unparalleled speed in computational processing . This advancement is set to enhance various fields , including particle physics , weather forecasting , traffic optimisation , financial modeling and cybersecurity . However , its ability to break encryption presents a notable risk .
In November 2022 , the US introduced the Quantum Computing Cybersecurity Awareness Act . With governments taking action , the question arises : should we be equally prepared ?
Barracuda surveyed frontline security professionals about whether the time has come for organisations and the cybersecurity industry to focus on Quantum Computing . Here are their insights .
Sheila Hara , Senior Director , Product Management , Email Protection : While Quantum Computing is not an immediate threat to current security measures , it ’ s important to proactively consider its potential impact and take steps to prepare for a future where Quantum capabilities may challenge existing cryptographic protections . Quantum computers have the theoretical capability to break widely used encryption algorithms , such as RSA and ECC , through a process known as Shor ’ s algorithm . This means that sensitive data encrypted with these algorithms could potentially be decrypted by a Quantum computer . Confidential information , including personal data , financial transactions and sensitive communications , could be at risk if encryption methods are compromised by Quantum Computing . The transition from current cryptographic standards to Quantum-resistant standards will take time and careful planning . Organisations need to start considering this transition to ensure the security of their data in the future .
Adam Khan , VP Global Security Operations : While Quantum Computing presents a potential threat to cybersecurity due to its ability to break current encryption algorithms , the timeline for when it will become a significant concern is uncertain and will depend on the progress in Quantum Computing technology and the development of Quantumresistant cryptographic algorithms .
Stephan Schachinger , Senior Product Manager , IoT : Companies should live security as an on-
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