Lifeboat Foundation

Your daily round-up of some of the other security stories in the news

Groupon grief – was it password reuse?

The Telegraph reports that crooks have hijacked a number of Groupon accounts and used them to purchase expensive items like games consoles, iPhones and holidays. Some victims have suffered thousands of pounds of losses.

Continue reading “News in brief: Groupon grief; Apple encryption delay; post-quantum crypto” »

Let’s say closer to 7yrs or less.

Whether quantum computing is 10 years away — or is already here — it promises to make current encryption methods obsolete, so enterprises need to start laying the groundwork for new encryption methods.

A quantum computer uses qubits instead of bits. A bit can be a zero or a one, but a qubit can be both simultaneously, which is weird and hard to program but once folks get it working, it has the potential to be significantly more powerful than any of today’s computers.

Continue reading “Experts split on how soon quantum computing is coming, but say we should start preparing now” »

Researchers have developed a new type of light-enhancing optical cavity that is only 200 nanometers tall and 100 nanometers across. Their new nanoscale system represents a step toward brighter single-photon sources, which could help propel quantum-based encryption and a truly secure and future-proofed network.

Quantum encryption techniques, which are seen as likely to be central to future data encryption methods, use individual photons as an extremely secure way to encode data. A limitation of these techniques has been the ability to emit photons at high rates. “One of the most important figures of merit for single-photon sources is brightness—or collected photons per second—because the brighter it is, the more data you can transmit securely with quantum encryption,” said Yousif Kelaita, Nanoscale and Quantum Photonics Lab, Stanford University, California.

In the journal Optical Materials Express, Kelaita and his colleagues show that their new nanocavity significantly increased the emission brightness of quantum dots—nanometer-scale semiconductor particles that can emit single photons.

Continue reading “Ultra-small nanocavity advances technology for secure quantum-based data encryption” »

Many more great things are coming.

NIST called on cryptography researchers to submit their quantum-proof encryption algorithms by November 30. NIST is the latest government agency to start taking the threat of quantum computers seriously.

Nice write up about why businesses need to worry about QC sooner v. later. Glad to see more spreading the word.

It’s coming sooner than you think.

Continue reading “If You Want To Protect Your Business, You Need To Start Thinking About Quantum Encryption Now” »

Quantum computing might be closer than we thought, thanks to a series of newly developed scientific methods. Furthermore, a new implementation of Shor’s algorithm increases the urgency of getting Bitcoin ready for the advent of quantum computing.

Also read: NIST Starts Developing Quantum-Resistant Cryptography Standards.

Google’s Deep Brain team watched neural nets learn to develop their own encryption.

I believe we’re really looking at less than 10yrs given the speed of evolution of QC to date. Instead of two new QC discoveries each year to advance QC; we’re now seeing 2 new discoveries every 2 months now not to mention China and US advancements on networking and communications and scalable QC for devices which Google plans to release their QC device in 2017.

Quantum computers could bring about a quantum leap in processing power, with countless benefits for fields like data science and AI. But there’s also a dark side: this extra power will make it simple to crack the encryption keeping everything from our emails to our online banking secure.

A recent report from the Global Risk Institute predicted that there is a one in seven chance vital cryptography tools will be rendered useless by 2026, rising to a 50% chance by 2031. In the meantime, hackers and spies can hoover up data encrypted using current approaches and simply wait until quantum computers powerful enough to crack the code have been developed.

Continue reading “Quantum Computers Could Crush Today’s Top Encryption in 15 Years” »

DAILY VIDEO: Microsoft Starts Quantum Computer Development Program; Cerber Ransomware Expands Database Encryption Attacks; IBM Debuts Watson Internet of Things Services Practice; and there’s more.

Today’s topics include Microsoft’s plan to build a Quantum computer, Trend Micro’s find that the Cerber malware is seeking out database files to encrypt and hold for ransom, IBM’s new Watson internet of things services for the automotive, electronics and insurance industries, and the release of the Microsoft Office Online Server update.

Microsoft is on a mission to build a quantum computer, and the company has appointed Todd Holmdahl to manage the project. Holmdahl is the corporate vice president of Microsoft Quantum, a unit dedicated to turning the company’s quantum computing research into real-world products.

Continue reading “Microsoft Sets Sights on Building Practical Quantum Computer” »