“Integration of Post-Quantum Cryptography (PQC) Standards”
- As quantum computing advances, traditional encryption methods face potential obsolescence. In response, the U.S. National Institute of Standards and Technology (NIST) has formalized post-quantum cryptography (PQC) standards, including algorithms for key encapsulation and digital signatures, to secure systems against future quantum threats .
- Organizations like LGT Financial Services and NXP Semiconductors are already testing these new algorithms to replace current encryption methods . This proactive approach aims to safeguard data against the anticipated capabilities of quantum computers, ensuring long-term data security.
- For instance, In August 2024, IBM announced its Quantum Safe roadmap, integrating post-quantum cryptography (PQC) into its products, including IBM z16 and IBM Cloud. This initiative aims to secure data in transit and at rest, addressing the vulnerabilities introduced by quantum computing advancements. IBM's proactive approach underscores the growing need for robust network encryption solutions amidst the increasing adoption of cloud services and remote work
