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Money’s quantum time bomb

There’s a paradox at the heart of cyber security. It relates to the trade-off between keeping our secrets safe and protecting the communications of bad actors. Most people are blissfully unaware of it, but an uneasy balance was struck in the early 2000s following the conclusion of the Crypto Wars. After many years of fighting the ability to export secure encryption, US officials finally capitulated on restrictions in 2000, opening the door to a much larger share of the world being able to benefit from secure encryption protocols. While many saw this as too much of a concession to terrorists and criminal organisations, privacy advocates argued the benefits of secure communications for all outweighed the risks. With quantum computing around the corner, however, some believe

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There’s a paradox at the heart of cyber security. It relates to the...

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