IBM, Microsoft, and others form a consortium for post-quantum cryptography.
A formidable alliance has emerged, consisting of SandboxAQ, a sibling company of Google, and the prestigious University of Waterloo. Joining forces with them in this groundbreaking endeavor are tech giants IBM Quantum and Microsoft , along with the renowned research institution MITRE, the UK-based cryptography experts at PQShield, and the aforementioned sibling of Google, SandboxAQ, collaborating closely with the esteemed University of Waterloo. This alliance has one pivotal mission: to confront the looming challenge of post-quantum cryptography, a field dedicated to mitigating the potential threat posed by the quantum computers of the future. Contemporary cryptographic systems rely on intricate mathematical problems to thwart decryption efforts, making them virtually impenetrable to conventional computers. To put this into perspective, it has been estimated that breaking a 1,024-bit or 2,048-bit RSA key using classical computing would take an astonishing 300 trillion years. RSA, n...