While forecasters predict that Quantum Computing ("QC") and its power to decode encrypted data is 10, 15 or 20 years off into the future, the need for "Quantum Resistant Encryption" is now... At that moment the QC breakthrough is achieved, virtually all traditionally encrypted data will be vulnerable - including all of today's sensitive data. We need to begin securing data now with Quantum Resistant Encryption in anticipation of the future technology breakthroughs...
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Quantum Encryption - The Time is Now
This is why China and Russia are hacking every system they can get into, including banking, health care, military and intelligence, and downloading huge troves of data, added Rep. Hurd. The information is currently indecipherable to them, but could become intelligible with quantum computers.