Quantum computers will be able to eliminate all encryption systems in existence today by 2030. This was stated at the World Economic Forum in Davos by Ana Paula Assis, managing director for Europe, Middle East and Africa of the technology company IBM. reports Bloomberg.
Ana Paula Assis warns of the risk of a “cybersecurity Apocalypse” from quantum processors.
New quantum technologies significantly increase the power of computers by performing calculations in parallel instead of sequentially.
Some governments are starting to take this threat seriously. The US Senate unanimously passed a bill in 2022 that aims to eliminate the threat posed by quantum computers in data encryption.
According to experts, most companies and businesses are not yet ready to use quantum machines and eliminate malfunctions in their operations.
Jack Hidary, CEO of artificial intelligence and quantum computing company SandboxAQ, estimates it will take eight to 10 years for banks to transition to post-quantum protocols. Scalable quantum computers will be available in 5-6 years. During this time, everything that uses encryption, from e-commerce to online banking, will be at risk.
The expert added that quantum computing is developing faster than expected.
happened before known About implementing quantum encryption in the Google Chrome browser.