The Quantum Threat is Real and Here Today
As the provider of unbreakable quantum-safe key encryption, Quantum Xchange gives commercial enterprises and government agencies the ultimate defense to keep high-value data safe — today, tomorrow and long into the future. Quantum Xchange is the first company in the world to effectively implement point-to-multi-point key distribution, including QKD-generated keys, across any distance – effectively solving the distance limitations that have hindered the widespread adoption of QKD by enterprises.
As technology heavyweights like IBM, Microsoft, Google, and governments (domestic and foreign) engage in a cyber arms race for quantum supremacy, bad actors are stockpiling encrypted data now, to be deciphered in the near future by quantum computers. This means that critical SSL-protected data that today can be easily scraped and stored, will be available for complete decryption in the near future. Thus all secrets that are protected with SSL (or public-private key cryptography such as ECC) today will be compromised.
Quantum computers will fundamentally change how organizations secure their most sensitive data. Shor’s algorithm published in 1994 uses a quantum computer to factor an integer N into its prime number factors. It proves that what once took eons to compute using modern computers will only take seconds using a quantum computer. Large prime numbers that form the underpinnings of today’s public-private key encryption protocols, Secure Socket Layer (SSL) and Transport Layer Security (TLS), will be easily and quickly factored by quantum computers leaving mission-critical data exposed and at risk.