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Home » What Is Quantum Safe Encryption (and Why Do You Need It?)
CXO Minute

What Is Quantum Safe Encryption (and Why Do You Need It?)

Wayne SadinBy Wayne SadinJuly 25, 2022Updated:April 13, 20232 Mins Read
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This episode of the Future CXO Minute is brought to you by the Cloud Wars Expo 2022, with video sessions from June’s live event now available via on-demand pass. The session recordings are free for all registered expo attendees, as well as Cloud Wars and Acceleration Economy subscribers. Be sure to sign up for access now.

In Episode 39, Wayne examines the need for quantum safe encryption and the disastrous effects a business might suffer if building or acquiring adequate quantum security is ignored.

Highlights

00:08 — Quantum safe encryption does what the name suggests: Protects data from future quantum computers.

00:40 — The NIST has identified four candidate encryption keys to protect sensitive data from future quantum computing power, despite this level of computing remaining in development for now.

01:32 — Why does quantum safe encryption matter when quantum computers aren’t around yet? Encrypted data includes patient data, social security numbers, proprietary tech, digital signatures and more. If evildoers find a way to crack that data years in the future, signatures on contracts signed today could be replaced or erased in an undetectable fashion.

02:47 — Executives need to be proactive in building or acquiring encryption tools to protect themselves from future cybersecurity threats.

03:05 — The U.S. intelligence community is already gearing up its “quantum-resistant algorithm standards.”


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Wayne Sadin

CIO PriceSmart
Acceleration Economy Advisory Board Member

Areas of Expertise
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  • Cybersecurity
  • Digital Business
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Wayne Sadin, an Acceleration Economy Analyst focused on Board Strategy, has had a 30-year IT career spanning Logistics, Financial Services, Energy, Healthcare, Manufacturing, Direct-Response Marketing, Construction, Consulting, and Technology. He’s been CIO, CTO, CDO, advisor to CEOs/Boards, Angel Investor, and Independent Director at firms ranging from start-ups to multinationals.

  Contact Wayne Sadin ...

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