"NIST to Standardize Encryption Algorithms That Can Resist Attack by Quantum Computers"
Four quantum-resistant algorithms were chosen by the National Institute of Standards and Technology (NIST) last year. The agency has now begun the process of standardizing these algorithms, which is the last step before making these mathematical tools accessible so that organizations worldwide can integrate them into their encryption infrastructure. NIST has released draft standards for three of the four algorithms it selected in 2022. In about a year, a draft standard for FALCON, the fourth algorithm, will be released. The global cryptographic community has until November 22, 2023, to provide feedback on the draft standards. Sensitive electronic information, such as email and bank transfers, is currently protected by public-key encryption techniques based on math problems that a conventional computer cannot readily solve. Although quantum computing is still relatively new, a sufficiently powerful quantum computer could solve these problems and break encryption. Once completed, the new standards will provide the world with the first tools to protect sensitive data from this new type of threat. This article continues to discuss NIST standardizing encryption algorithms that can withstand attack by quantum computers.
NIST reports "NIST to Standardize Encryption Algorithms That Can Resist Attack by Quantum Computers"