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How Will Quantum Impact Me and My Business?

  • 1.  How Will Quantum Impact Me and My Business?

    Posted 2 days ago

    As businesses navigate the complexities of the digital landscape, a pressing question emerges: Will quantum technology impact my business? With advancements in quantum computing poised to disrupt various sectors, the answer is increasingly clear: quantum computing is a Clear and Present Danger to our data now!

    Recently, I had the privilege of speaking at IBM Z Day, where I presented my talk titled "Steal Now, Decrypt Later." During this session, I highlighted the significance of understanding the implications of quantum technology on our current security infrastructure. As Dr. Michele Mosca from the Institute for Quantum Computing at the University of Waterloo aptly stated, "Quantum computing will upend the security infrastructure of the digital economy. Quantum technology in general promises to disrupt several areas of advanced technology and bring unprecedented capabilities that can be harnessed to improve the lives of people worldwide. At first glance, it appears to be a curse to security, as quantum computers may breach cryptographic algorithms that proves. This is, in fact, a blessing in disguise since this challenge gives us a much-needed impetus to build stronger and more resilient foundations for the digital economy."

    Understanding Mosca's Theorem

    Dr. Michele Mosca's theorem underscores the urgent need for organizations to take action in the post-quantum space without delay. The theorem can be summarized as follows: the time that sensitive data must remain secure (let's call this X), plus the time required to upgrade cryptographic systems (which we'll refer to as Y), must be greater than the point at which quantum computers possess sufficient power to compromise existing cryptography (denoted as Z). 


    Mosca's Theorem Illustrated

    In simpler terms, this means organizations must recognize that the window for implementing effective security measures is limited. As quantum technology progresses, the risk to data security grows. Businesses must act now to ensure that their data remains protected for as long as needed, well beyond the anticipated advancements in quantum capabilities. Mosca's theorem serves as a critical reminder that the timeline for quantum advancements is not a distant concern; it is rapidly approaching, and organizations should prioritize bolstering their security measures accordingly.

    The Role of Fortis Secure File Transfer

    At Fortis, we offer a robust solution for today's security challenges: Fortis Secure File Transfer. This platform protects sensitive data in transit or at rest, ensuring that your business can operate securely despite emerging quantum threats and today's "Steal Now, Decrypt Later" strategy. Fortis partners with IBM and utilizes IBM Hyper Protect Crypto Services quantum tools to enhance our security offerings. 

    Here's how Fortis can help businesses today:

    1. Post-Quantum Encryption: Fortis Secure File Transfer utilizes advanced encryption protocols resistant to quantum attacks, helping organizations stay ahead of potential vulnerabilities.
    2. Compliance with New Standards: With the recent releases of FIPS 203, 204, and 205 by NIST, businesses need solutions that align with these evolving standards. Fortis is committed to ensuring compliance and providing peace of mind in a rapidly changing regulatory environment.
    3. Data Integrity and Provenance: Our platform offers tamper-evident notifications and data provenance features, ensuring your information remains secure and trustworthy throughout its lifecycle.
    4. Scalability: As your organization grows, so does your data security needs. Fortis Secure File Transfer scales seamlessly, adapting to your business's requirements without compromising security.

    Secure your data today at: fortistransfer.com

    Partnership with VeriTX

    We invite companies to partner with VeriTX to leverage Fortis's strengths. By working together, we can implement solutions tailored to your organization's specific needs, enabling a proactive approach to data security. Our team understands the intricacies of the current threat landscape and is ready to help you navigate these challenges effectively.

    Key Questions to Consider

    To determine if your organization needs post-quantum encryption today, consider the following questions:

    1. What type of sensitive data do you handle?
    2. How long do you need to protect this data?
    3. Is your current encryption method compliant with the latest NIST standards?
    4. What is your organization's timeline for adopting post-quantum solutions?

    The Department of Homeland Security has emphasized that quantum is relevant today, warning that current encryption methods will not safeguard data against quantum attacks. As the landscape of available qubits from quantum providers continues to evolve, we stand at an action point well beyond the inflection point for quantum readiness.

    The Acceleration of AI and Quantum

    The convergence of artificial intelligence and quantum computing is accelerating these developments at an unprecedented rate. Once these technologies work in tandem, the pace of innovation will far exceed anything we've witnessed.

     A Call to Action

    Despite the looming threats posed by quantum computing, it's crucial to remember that the sky isn't falling. However, it is time to take proactive measures to protect your data. Organizations should implement security solutions for data with a shelf life beyond five years, particularly for all financial data.

     In summary, while the challenges posed by quantum computing are significant, they also present opportunities to strengthen our security foundations. By embracing the advances in quantum technology and partnering with VeriTX, businesses can navigate this transformative era with resilience and confidence. The journey toward a secure digital economy begins today, and those who act swiftly will be better positioned to thrive in the quantum age.

     



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    James Regenor
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