First quantum cyberattack expected by 2030 - IBM

Quantum Cyberattack News

First quantum cyberattack expected by 2030 - IBM
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IBM predicts advancements in quantum computing will likely lead to the first quantum cyberattack – or Q-Day – by around 2030.

IBM Research scientist Jerry Chow conducts a quantum computing experiment at IBM ’s Thomas J Watson Research Centrein quantum computing will likely lead to the first quantum cyberattack – or Q-Day – by around 2030.

One of the key risks posed by quantum computers, which are exponentially more powerful than traditional computers, is that bad actors will use their computing power to break traditional cryptographic tools upon which most of the world’s security systems are based. And they’ll be able to do it with ease.

According to Ropponen, organisations are in danger from bad actors whose aim is to steal encrypted data, store it for a few years and then use quantum computing to decrypt it only to use it nefariously at an opportune moment. IBM sells cloud-based quantum computing capacity to governments, educational institutions and researchers, and is already seeing uptake from South African organisations. Molecular sequencing, weather prediction and advanced financial modelling are just some of the ways quantum computing is being used in real-world applications.IBM said it has a vigorous vetting process to assess the integrity of organisations applying to access its quantum computing network.

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