By IQT News posted 28 Jan 2020

(5GSecurity) The emergence of quantum internet connectivity and computation, expected sometime in the next decade, poses numerous new cryptography and cybersecurity challenges for 5G security.
It is anticipated that quantum computers will be capable of breaking 99% of the encryption used to protect today’s enterprises, financial systems and governments. Primarily this comes from the incredible multiple processing capabilities which enable quantum computers to use algorithm’s and mathematical formulae such as Shor’s algorithm to break down extant cryptographic protocols.
The security of hundreds of billions of dollars in e-commerce transactions is at stake. This security vulnerability also applies to data stored on a digital blockchain.
Nation states and their military operations, as well as business enterprises, will need to upgrade to quantum-resistant hardware and cryptography to safeguard their data before full-scale quantum computers become available.
Additionally, industrial and civic Internet of Things (IoT) networks, increasingly being connected through 5G, have exponentially larger attack vectors and will be highly vulnerable unless they are designed to be quantum safe.
That means that civilian government agencies and IT and communications stakeholders need to address the risks now and upgrade to some form of quantum resistant encryption.
Doug Finke, an analyst with Inside Quantum Computing
, has warned of the need to upgrade 10-20 billion devices with quantum resistant encryption, given that most of today’s online encryption will be vulnerable to quantum enabled hacking.
Click here to read IQT’s “Standard Encryption to Become Massively Vulnerable to Quantum Computers cited above by IQT’s Doug Fink.

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