In a recent commentary on cyber security website Dark Reading, Quantum Xchange CEO John Prisco discusses the potential of cyber attacks on sensitive networks around the world. There is solid evidence that China, Russia, Iran, North Korea, and other nations spy, steal data, and hide malware in networks of US agencies and military contractors, nuclear power plants and dams, banks, and even Nasdaq. Prisco points out such threats put intellectual property at risk as well as sensitive data. Equally important, cyber-attacks affect people’s lives when it impacts the services they rely on to survive.
The US is in a desperate race with China to develop advanced quantum technology to revolutionize artificial intelligence, medicine, and scientific modeling. However, even the most advanced conventional encryption will be vulnerable to hacking attacks that happen now. The most critical data will be exposed once quantum computers are available and attacks will interfere with important cyber-controlled processes.
To address the urgent need for research projects in quantum computing, the US needs to move quickly and invest in tech companies and startups with efficient go-to-market strategies. The Defense Advanced Research Projects Agency provides grants to independent cybersecurity researchers and startups to create defenses for smart car security, voting machines, and other areas where sensitive data is at risk.
Read the full commentary: ‘Harvesting Attacks’ & the Quantum Revolution