Banks, governments and technology providers need to be prepared for quantum computer hackers capable of breaking most existing encryption systems by 2029, Google has warned.

The tech company said in a blogpost that quantum computers would pose a “significant threat to current cryptographic standards” before the end of the decade and urged other companies to follow its lead.

The company, owned by Alphabet, said: “The encryption currently used to keep your information confidential and secure could easily be broken by a large-scale quantum computer in coming years.”

As it stands, quantum computers – which can rapidly carry out complex tasks – are a nascent technology with great potential and significant obstacles to being widely usable.

  • WanderingThoughts@europe.pub
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    1 month ago

    The encryption currently used to keep your information confidential and secure

    Meanwhile data is leaked all the time, taken by doge or just given to palantir for processing.

  • xenomor@lemmy.world
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    1 month ago

    Translation: Google IR needs to start juicing quantum computing now that cracks are forming in the AI hype cycle.

    • boatswain@infosec.pub
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      1 month ago

      I mean, they specifically point to post-quantum cryptography and advise people to move towards it in the article:

      Google said: “We’ve adjusted our threat model to prioritise post-quantum cryptography migration for authentication services – an important component of online security and digital signature migrations. We recommend that other engineering teams follow suit.”

      The issue here is not that there aren’t solutions; it’s that organizations are not interested in taking the time and effort to move towards them. I’ve been beating this particular drum at my org for about a year, and I’ve gotten zero traction. This is a concern because moving to New encryption means taking all the data you’ve got, decrypting it, and re-encrypting it. That’s not fast when you’re talking hundreds of terabytes.