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As quantum computing becomes a reality, organizations around the world should develop a quantum security strategy and start planning to implement quantum-resistant encryption sooner rather than later. 

Regarded as among the most significant threat to cybersecurity, quantum computing looks set to render many of today’s security methods, such as encryption, obsolete.

With estimates that a working quantum computer outside a lab environment will be a reality within the next five to 10 years, minimum security requirement standards are being developed to protect data in a quantum world. The United States National Institute of Standards and Technology (NIST) is currently selecting finalists amongst the quantum-safe encryption algorithms being developed. 

Thales and Senetas have collaborated to launch the world’s first quantum-resistant network encryption solution, capable of protecting customer data (at speeds up to 100 Gbps) against future quantum attacks. 

The collaboration supports the current finalists (including Thales’ Falcon algorithm), enabling an easy transition to the winning formula expected to be chosen by NIST in 2022. The solution also supports the latest European Telecommunication Standards Institute standards for how quantum keys are created, protected and distributed – an important and emerging security capability that has application usage in 5G networks, according to the announcement in businesswire.com..