this post was submitted on 05 Jul 2024
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There is a race to crack the most common encryption algorithms. The official estimation is that they are 30 years away from it (reduced from the original 100 years they provided only 5 years ago), so their progress is faster that they expected and this tech is now considered a weapon.
The country that gets there first will have a very valuable window of opportunity... It's a race.
Anything that's "30 years away" is essentially not going to happen. Quantum cryptography will advance faster than the ability to break it because there will be more money behind it.
Theres already a ton of datasets that have been stolen that won't benefit from new encryption standards. Steal now, decrypt later.