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Quantum computers threaten to break online security in minutes, expert warns
- Experts warn that quantum computers could pose serious security threats if encryption technology does not adapt.
- Quantum cryptography and post-quantum cryptography are two distinct fields aimed at securing data against quantum threats.
- Quantum computers could potentially break current encryption methods used in online applications like internet banking.
- Costello emphasizes the urgency of developing post-quantum encryption to address future quantum computing advancements.
- Encryption methods developed in the 1970s face challenges from the potential computing power of quantum computers.
- Post-quantum cryptography, such as lattice-based cryptography, offers a way to enhance encryption security against quantum attacks.
- Ensuring encryption security involves addressing underlying mathematical problems to prevent potential breaches.
- Costello notes the importance of identifying insecure algorithms and learning from failures to improve encryption technology.
- The Australian government aims to disallow the use of encryption lacking quantum security by 2030.
- Industry and governments are urged to prioritize post-quantum cryptography to mitigate the risks posed by quantum computing advancements.
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