Quantum Computing Has Far Reaching Effects On Security

Quantum computers are expected to be faster and more powerful than any computers we have used before because they are exponentially faster than any other current computers.

Furthermore, Quantum computers are capable of code-breaking applications that could be available in 12 to 15 years, posing major risks to the security of current communications systems, according to the influential US think tank  RAND Corporation

If one word captures the significance of quantum computing, it is “power”. The quantum computing power and speed will influence: optimisation of computing power, computing models, network latency, inter-operability, artificial intelligence (human/computer interface). 

It will also alter real-time analytics and predictive analytics, increased storage and data memory power, secure cloud computing, virtualisation and the emerging 5G tele-communications infrastructure. 

The nature of quantum computers that use qubits instead of just traditional bits, makes it possible to implement algorithms that cannot be implemented on classical computers and these dramatically affect the security of some encryption algorithms.

Quantum computing has the ability to create an almost un-hackable network of devices and data. 

IoT. Quantum computing will have a major impact on IoT. Currently cryptographic algorithms are being used to help secure the communication (validation and verification) in the IoT, but because they rely on public key schemes, their encryption could be broken by sophisticated hackers using quantum computers in the not so distant future. The need to securely encrypt and protect IoT connected devices and power them with exponential speed and analytical capabilities is an imperative for both government and the private sector. 

Regulation. The security risks posed by this new category of computers can be managed if government and regulators act quickly establish a centrally coordinated,  approach is the best way to manage those challenges. If not cyber criminals and hackers will use quantum to steal financial and all types of data and government/military data and spy/intelligence information.

AI. But Quantum mechanics may soon provide a way to do things that are not possible with other technologies and another area where Quantum computing will have an effect on the landscape of Artificial Intelligence (AI) and data analytics.  

The world is waiting for the first quantum computers which are expected to revolutionise computing. Their unprecedented power may also enable them to crack the digital encryption system upon which the modern information and communication infrastructure depends. 

But by breaking that encryption, quantum computing could jeopardise secure communications, financial transactions and the support system for the global economy.

Rand.org:       WEF:          TechBeacon:       I-HLS:          Rand.org

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