
NIST releases new cryptographic standards as quantum breakthrough looms closer
The National Institute of Standards and Technology unveils final post-quantum cryptography standards, preparing for the day quantum computers can break current encryption methods. Major tech companies are already implementing quantum-resistant algorithms across their infrastructure. Financial institutions lead adoption efforts, with banks updating payment systems and secure communications. Experts estimate that cryptographically relevant quantum computers could emerge within 10-15 years, making the transition urgent. Organizations face the challenge of upgrading legacy systems while maintaining compatibility. The new standards promise to protect sensitive data against both classical and quantum computing attacks for decades.
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