G7 tells businesses to get ready for quantum cybersecurity threats


The G7, a collection of some of the world’s most powerful economies, is urging organizations to adopt quantum-resistant encryption as soon as possible and minimize the risk of losing sensitive data to technologically advanced threat actors.

Virtually every industry in the world today relies on encryption (the process of converting readable data into scrambled, unreadable data so that only someone with the correct key can decode and access it) to protect sensitive information. Banks, telecommunications providers, defense organizations, and practically everyone else are using some form of encryption – most probably AES (Advanced Encryption Standard).

Read more…
Source:  TechRadar News


Sign up for the Cyber Security Review Newsletter
The latest cyber security news and insights delivered right to your inbox


Related:

  • Zero-Day Exploit Detection Using Machine Learning

    September 16, 2022

    Code injection is an attack technique widely used by threat actors to launch arbitrary code execution on victim machines through vulnerable applications. In 2021, the Open Web Application Security Project (OWASP) ranked it as third in the top 10 web application security risks. Given the popularity of code injection in exploits, signatures with pattern matches are ...

  • CISA Releases Eleven Industrial Control Systems Advisories

    September 15, 2022

    CISA has released eleven (11) Industrial Control Systems (ICS) advisories on September 15, 2022. These advisories provide timely information about current security issues, vulnerabilities, and exploits surrounding ICS. CISA encourages users and administrators to review the newly released ICS advisories for technical details and mitigations: ICSA-22-258-01 Siemens Mobility CoreShield OWG Software ICSA-22-258-02 Siemens Simcenter Femap, Parasolid ICSA-22-258-03 Siemens RUGGEDCOM ...

  • Russia’s Sovereign Internet Creates Security Risks With Implications for Cyber (Re)Insurance While War in Ukraine Develops

    September 10, 2022

    A sovereign Russian internet could lead to cyber criminal safe havens, greater confidence that large-scale attacks can be carried out without consequences, and intelligence blindspots, according to a new report published today by cyber risk analytics expert CyberCube. The research “Ukraine Cyber War Update: Spotlight on activity six months later” examines the dramatic rise in the ...

  • Pakistan government labels its own cybersecurity team ‘incompetent’

    September 7, 2022

    A Pakistani parliamentary committee has labelled its own cybersecurity agency “incompetent”. That damning assessment was offered by the nation’s Standing Committee on Information Technology and Telecommunication at a Monday meeting convened to brief committee members on the workings of Pakistan’s Ministry of Information Technology and Telecommunication. Read more… Source: The Register  

  • CISA Releases Five Industrial Control Systems Advisories

    September 6, 2022

    CISA has released five Industrial Control Systems (ICS) advisories on September 06, 2022. These advisories provide timely information about current security issues, vulnerabilities, and exploits surrounding ICS. CISA encourages users and administrators to review the newly released ICS advisories for technical details and mitigations: ICSA-22-249-01 Triangle Microworks Library ICSA-22-249-02 AVEVA Edge 2020 R2 SP12020 R2 ICSA-22-249-03 Cognex 3D-A1000 Dimensioning ...

  • Holiday Inn-owner IHG hit by ‘unauthorised activity’ in tech systems

    September 6, 2022

    Holiday Inn owner IHG said on Tuesday that bookings on its websites and apps were facing disruptions after its technology systems were hit by “unauthorised activity”. IHG said it was assessing the nature, extent and impact of the incident and had implemented its response plans. The company, which has appointed external specialists to investigate the incident and ...