What’s the Rush on Quantum-Safe Security? You Already May Be Too Late : Critical Timelines

The following is an excerpt from a contributed opinion piece on Journal of Cyber Policy by Scott Totzke, CEO & Co-founder of ISARA Corporation.

The dawn of the quantum computing era promises to fundamentally change the way we approach big problems – from researching cures for cancer to alleviating traffic in urban centers. But – and this is a very significant but –  large-scale quantum computing also has the potential to create catastrophic problems if we don’t take steps now to ensure that data such as financial transactions, medical histories and government records are protected with quantum-safe encryption.

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Since the 1970s, the technology industry has built a trust system rooted in public key cryptography which allows our transactions and communications to be properly authenticated. But within a decade, a large-scale quantum computer will break this system requiring a seamless (and “great”) migration to the next-generation of cybersecurity: quantum-safe cryptography.

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Scott Totzke, CEO & Co-Founder of ISARA Corporation explains that “classes of problems that are impossible to solve on a classical supercomputer become easy to solve when you have a large-scale quantum computer. One of those is the underlying math that protects (our) secure transactions today.” RSA, for example, is one of the key encryption […]

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Many technology-driven sectors will be affected by the advent of universal quantum computing which experts say will happen by 2026, or sooner, but the financial industry has particular reason for concern. ISARA’s CEO, Scott Totzke, is among the featured speakers at the upcoming FinDEVr show, the premier international event for FinTech developers taking place in London on June 12–13.

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Visualize your morning commute going catastrophically haywire as hackers take control of every self-driven car on the road, forcing them to speed up or change direction. Imagine global databases of personal financial information exposed as the U.S. Federal Reserve’s encryption system suddenly disappears and every currency exchange is shared.

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Since founding ISARA 18 months ago, we have assembled an outstanding team of experienced security developers, cryptographers, security researchers and business leaders who have worked to stand up the company and bring our first product to market. We’ve been completely focused on achieving that goal because, from the start, we knew what others are beginning to recognize: The world needs quantum safe security solutions in the market today.

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ISARA Corporation today announced the availability of its ISARA Quantum Resistant (IQR) Toolkit. The toolkit helps software and hardware solution providers build robust commercial products that protect vulnerable infrastructure against the threat quantum computing already poses to widely-used security standards.

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Mike Brown, CTO & Co-Founder of ISARA Corporation, clearly explains how the age of quantum computing will put today’s encryption at risk. “The assumptions that we’ve made in a lot of our Internet-based systems, that this is safe because of the fact that classical computers can’t solve it, that doesn’t hold anymore in the context […]

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