Scientists are working hard on quantum computers, — these are impressively much faster than our current computers and are capable of code-breaking applications — which may be available as soon as 12 to 15 years' time.
These threats can be managed, if governments act rapidly to manage these future challenges, says the report.
RAND Corporation's report
"If adequate implementation of new security measures has not taken place by the time capable quantum computers are developed, it may become impossible to ensure secure authentication and communication privacy without major, disruptive changes," said Michael Vermeer, lead author of the report and a physical scientist at nonprofit, nonpartisan RAND.
"The United States has the means and very likely enough time to avert a quantum disaster and build a safer future, but only if it begins preparations now."
Drafts of standard protocols for post-quantum cryptography that are able to maintain the current level of computing security are meant to be available in the next five years. However, the global transition required to implement these protocols over to quantum computing would realistically take decades.
The RAND report clearly states that the sooner an operable standard is implemented the better, as the risk will be diminished.
The RAND researchers stress that governments need to create and ultimately implement new policies, risk-minimizing measures, an entire governmental approach and a sense of urgency, in order to create a safe future communications infrastructure.
'Quantum computers will make current security mechanisms vulnerable to new types of #cyberattacks — a real problem for both chip cards and complex technological systems such as networked vehicles or industrial control systems. 'https://t.co/OutfFKbTfo— Chris Konrad (@cjkonrad) April 6, 2020
"The advent of quantum computers presents retroactive risk because information being securely communicated today without postquantum cryptography may be captured and held by others now in order to be decrypted and revealed later once quantum computers are created. This presents a vulnerability that urgently needs to be addressed," stated Evan Peet, a co-author of the report and an economist at RAND.