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Emerging Quantum Technologies: Implications for Information Security and Encryption

Technology continues to evolve and shape the way we live and operate. Quantum computing is one of the most awaited advancements which offers an unmissable opportunity for industries to revolutionize their operations by solving complex problems that classical computers are unable to do on their own. Nevertheless, this tremendous computation capability poses considerable threats when it comes to safeguarding information security and encryption systems. As quantum computers become a reality, organizations must adapt and prepare for the impact of these new technologies on their security infrastructure.

Understanding Quantum Computing

Quantum computing is a new approach to processing information that leverages the principles of quantum mechanics. Unlike classical computers, which use bits to represent information in binary form (0s and 1s), quantum computers use qubits. Qubits can represent both 0 and 1 simultaneously, thanks to a phenomenon known as superposition.

This property of qubits, combined with the ability of quantum computers to perform multiple calculations at once, allows them to solve certain problems exponentially faster than classical computers. This immense computational power has the potential to revolutionize many fields such as artificial intelligence, drug discovery, and cryptography.

Quantum Threats to Encryption

Cryptography is the foundation of information security, providing confidentiality, integrity, and authenticity to digital communication. Most cryptographic systems in use today rely on mathematical problems that are difficult for classical computers to solve, such as factoring large prime numbers or solving discrete logarithm problems. These problems are considered "hard" because their complexity increases exponentially with the size of the input, making them impractical for classical computers to crack in a reasonable amount of time.

However, quantum computers have the potential to change this landscape. In 1994, Peter Shor, a mathematician at Bell Laboratories, developed an algorithm that could efficiently factor large prime numbers using a quantum computer. Shor's algorithm can solve these problems in polynomial time, making it exponentially faster than the best-known algorithms for classical computers. If a sufficiently powerful quantum computer were built, it could break widely used encryption schemes such as RSA and elliptic-curve cryptography, rendering current cryptographic systems vulnerable.

Preparing for a Post-Quantum World

Given the potential threats posed by quantum computing, organizations must prepare for a post-quantum world. This involves developing and implementing new cryptographic systems that are resistant to quantum attacks, as well as reevaluating existing security infrastructure to account for the unique challenges posed by quantum technology. Here are some steps organizations can take to prepare for the impact of quantum computing on information security and encryption:

  1. Assess Current Security Infrastructure: Organizations should conduct a thorough assessment of their current security infrastructure to identify potential vulnerabilities and areas that may be impacted by quantum technology. This may include reviewing encryption algorithms, key management systems, and communication protocols to determine their susceptibility to quantum attacks.
  2. Develop Quantum-Resistant Cryptography: As quantum computers become more powerful, it is essential to develop and adopt new cryptographic systems that are resistant to quantum attacks. Researchers are currently working on post-quantum cryptography, which aims to create encryption schemes that can withstand the power of quantum computers. Organizations should monitor these developments closely and be prepared to adopt post-quantum cryptographic systems as they become available.
  3. Implement a Layered Security Approach: In addition to adopting quantum-resistant cryptography, organizations should consider implementing a layered security approach that incorporates multiple encryption schemes and security mechanisms. This may include using both classical and quantum-resistant encryption algorithms, as well as incorporating additional security measures such as intrusion detection systems, secure key management, and multi-factor authentication.
  4. Foster Collaboration and Knowledge Sharing: Preparing for the impact of quantum computing on information security and encryption requires a collaborative effort between industry, academia, and government. Organizations should actively participate in research initiatives, conferences, and working groups focused on quantum computing and post-quantum cryptography. By fostering collaboration and knowledge sharing, organizations can stay informed about the latest developments in quantum-resistant encryption and best practices for securing their systems against quantum threats.
  5. Train and Educate Staff: As quantum technology evolves, it is crucial for organizations to invest in the training and education of their staff to ensure they are well-versed in the potential risks and opportunities associated with quantum computing. This may involve providing ongoing training in quantum-resistant encryption techniques, as well as educating staff about the implications of quantum computing for information security and encryption.
  6. Develop a Quantum Readiness Plan: Organizations should develop a comprehensive quantum readiness plan that outlines the steps they will take to prepare for the impact of quantum computing on information security and encryption. This plan should include a timeline for implementing quantum-resistant cryptography, a strategy for upgrading existing security infrastructure, and a roadmap for collaborating with industry partners and researchers to stay informed about the latest developments in quantum technology.
  7. Monitor Quantum Computing Advancements: It is essential for organizations to closely monitor the advancements in quantum computing and the development of quantum-resistant encryption algorithms. By staying informed about the latest research and breakthroughs in quantum technology, organizations can better anticipate the potential impact of quantum computing on their security infrastructure and take proactive steps to protect their systems against quantum threats.

The emergence of quantum computing presents both opportunities and challenges for information security and encryption. While quantum computers have the potential to revolutionize industries and solve complex problems, they also pose significant threats to the cryptographic systems that underpin digital communication and data protection. By taking proactive steps to assess their current security infrastructure, develop quantum-resistant encryption algorithms, and implement a layered security approach, organizations can prepare for the impact of quantum computing on information security and encryption. As the field of quantum technology continues to evolve, it is essential for organizations to stay informed about the latest developments and collaborate with industry partners, researchers, and government agencies to ensure a secure and resilient digital future.

© Copyright 2023. The views expressed herein are those of the author(s) and not necessarily the views of Ankura Consulting Group, LLC., its management, its subsidiaries, its affiliates, or its other professionals. Ankura is not a law firm and cannot provide legal advice.

The emergence of quantum computing presents both opportunities and challenges for information security and encryption.

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article, cyber response, cybersecurity & data privacy, data & technology, data privacy & cyber risk, digital forensics, mondaq, office of the cfo, risk & compliance, risk management, technology advisory

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