NIST Publishes New Post-Quantum Cryptographic Standards
IBM Algorithms Included in First Batch of Standards
The National Institute of Standards and Technology (NIST) announced the publication of four new post-quantum cryptographic (PQC) standards on Tuesday, August 14, 2024.
Two of the algorithms included in the standards were developed by IBM. These algorithms are designed to protect data from attacks by quantum computers, which are expected to be able to break many of the cryptographic algorithms currently in use.
The NIST announcement is a major step forward in the development of PQC standards. It is the first time that any PQC algorithms have been standardized by a major standards body.
The publication of the new standards is expected to lead to the widespread adoption of PQC algorithms. This will help to protect data from the threat of quantum attacks.
15 Cryptographic Primitives Advanced to Third Round of PQC Standardization Process
In addition to the four algorithms that were standardized, NIST also announced that 15 other cryptographic primitives have advanced to the third round of the PQC standardization process.
These primitives will undergo further testing and evaluation before they can be considered for standardization.
The third round of the PQC standardization process is expected to be completed in 2027.
Quantum Computing Poses Threat to Sensitive Data
The development of PQC standards is critical to protecting data from the threat of quantum attacks.
Quantum computers are expected to be able to break many of the cryptographic algorithms currently in use. This could give attackers access to sensitive data, such as financial information, medical records, and government secrets.
The new PQC standards will help to protect data from this threat. They will ensure that data remains secure even in the face of quantum attacks.
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