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American Focus > Blog > Tech and Science > ‘Harvest now, decrypt later’: Why hackers are waiting for quantum computing
Tech and Science

‘Harvest now, decrypt later’: Why hackers are waiting for quantum computing

Last updated: September 21, 2024 2:28 pm
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‘Harvest now, decrypt later’: Why hackers are waiting for quantum computing
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With the rise of quantum computing on the horizon, hackers are taking advantage of the potential vulnerabilities it poses to encrypted data. As businesses heavily rely on encryption to secure their sensitive information, cybercriminals are actively stealing encrypted data in anticipation of the day when quantum computers can crack these codes. This “harvest now, decrypt later” strategy is becoming more common as quantum computing technology advances.

Quantum computers operate using qubits, which can exist in multiple states simultaneously, giving them unparalleled processing speeds compared to classical computers. This means that encryption methods that were once considered secure may no longer be sufficient to protect data from cyber attacks. With the potential ability to decrypt information in seconds that would take classical computers trillions of years, quantum computing poses a significant threat to the security of encrypted data.

Hackers are targeting a wide range of encrypted data, including personally identifiable information, account data, and communication between servers and web browsers. As quantum computing becomes more accessible in the future, businesses need to prepare for the possibility of their encrypted data being compromised.

The consequences of quantum computing cracking encryption could be devastating for businesses, leading to financial losses, legal issues, and regulatory fines. Companies may need to find alternative methods of securing their data, as traditional encryption methods may no longer be effective.

While quantum computing technology is not yet widely available, it is advancing rapidly. Decision-makers should not wait until it is too late to take action to protect their data. By adopting post-quantum ciphers, enhancing breach detection capabilities, using quantum-safe VPNs, and strategically moving sensitive data to secure locations, businesses can mitigate the risks associated with quantum computing threats.

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In conclusion, businesses should start preparing for the potential impact of quantum computing on data security. By taking proactive steps now, such as adopting new cryptographic standards and enhancing breach detection measures, companies can safeguard their sensitive information from future cyber threats.

TAGGED:computingdecrypthackersHarvestQuantumwaiting
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