Can the World Avoid a 'Quantum Encryption Apocalypse'?

Axios reports:"Although a quantum computer isn't expected until 2030, at the earliest, updating current encryption standards will take just as long," writes Axios, "creating a high-stakes race filled with unanswerable questions for national security and cybersecurity officials alike."As scientists, academics and international policymakers attended the first-ever Quantum World Congress conference in Washington this week, alarmism around the future of secure data was undercut by foundational questions of what quantum computing will mean for the world. "We don't even know what we don't know about what quantum can do," said Michael Redding, chief technology officer at Quantropi, during a panel about cryptography at the Quantum World Congress.... Some governments are believed to have already started stealing enemies' encrypted secrets now, so they can unlock them as soon as quantum computing is available. "It's the single-largest economic national-security issue we have ever faced as a Western society," said Denis Mandich, chief technology officer at Qrypt and a former U.S. intelligence official, at this week's conference. "We don't know what happens if they actually decrypt, operationalize and monetize all the data that they already have."

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