India Q2 GDP Growth 2024
GDP growth slows down to 5.4% in the second quarter, putting more pressure on the RBI to lower interest rates.
The internet, with its vast network of interconnected devices and information, has become the backbone of our modern world. However, the potential arrival of large-scale quantum computers throws a potential wrench into this well-oiled machine. While quantum computing holds immense potential for scientific breakthroughs and innovation, it also poses a significant threat to current cybersecurity measures, raising concerns about its potential to “break the internet.”
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Compared to conventional computers, quantum computers operate fundamentally differently by utilizing the concepts of quantum physics to carry out computations. As a result, they can solve complicated issues like factoring big numbers much more quickly. The encryption techniques that safeguard financial transactions, data storage, and internet communication are seriously threatened by this capability.
RSA and ECC are two popular encryption techniques that rely on the mathematical challenges of factoring big prime numbers and elliptic curve cryptography issues. Even with the most powerful classical computers, these calculations are currently unfeasible, but with large-scale quantum computers, they might become simple. This would make it possible for bad actors to decrypt private data, thus jeopardizing personal, financial, and even national security information.
Estimates for when a large-scale quantum computer that can crack encryption currently in use may appear range from a few years to a decade or longer. Experts do, however, caution of a possible "quantum cliff"—a time when quantum computers gain enough capability to crack encryption, but there aren't enough widely available to lessen the threat.
The good news is that the cybersecurity community is aggressively getting ready for the quantum era, despite the obstacles. Post-quantum cryptography (PQC) methods are being developed by researchers; they are intended to withstand attacks from quantum computers. Organizations are also investigating other approaches, such deploying layered security measures to further safeguard data and switching to PQC algorithms well in advance of the quantum cliff.
Although quantum computing has the potential to revolutionize many industries, cybersecurity must overcome many formidable obstacles. Even while the internet might not have been "broken" completely, there will undoubtedly be a big change in the way we secure online data. Even in the era of quantum computing, we can reduce the dangers and guarantee a secure digital future by proactively using PQC algorithms and strong security procedures.
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