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:

  • German logistics giant Hellmann reports cyberattack

    December 10, 2021

    Billion-dollar logistics firm Hellmann Worldwide Logistics reported a cyberattack this week that forced them to temporarily remove all connections to their central data center. The company said the shut down was having a “material impact” on their business operations. The German company operates in 173 countries, running logistics for a range of air and sea freights ...

  • Irish Health Service ransomware attack happened after one staffer opened malware-ridden email

    December 10, 2021

    Ireland’s Health Service Executive (HSE) was almost paralysed by ransomware after a single user opened a malicious file attached to a phishing email, a consultancy’s damning report has revealed. Issued today, the report from PWC (formerly known as PriceWaterhouseCoopers) said that the hugely harmful Conti ransomware infection was caused because of the simplest attack vector known ...

  • Israel leads 10-country simulation of major cyberattack on world markets

    December 9, 2021

    Israel led a 10-country, 10-day-long simulation of a major cyberattack on the world’s financial system by “sophisticated” players, with the goal of minimizing the damage to banks and financial markets, the Finance Ministry said on Thursday. The Finance Ministry led the scenario with help from the Foreign Ministry, and said the “war game” was the first ...

  • DHS Announces New Cybersecurity Requirements for Surface Transportation Owners and Operators

    December 2, 2021

    WASHINGTON – DHS’s Transportation Security Administration (TSA) today announced two new Security Directives and additional guidance for voluntary measures to strengthen cybersecurity across the transportation sector in response to the ongoing cybersecurity threat to surface transportation systems and associated infrastructure. These actions are among several steps DHS is taking to increase the cybersecurity of U.S. ...

  • Play Your Cards Right: Detecting Wildcard DNS Abuse

    December 1, 2021

    The domain name system (DNS) maps names to addresses so that computers can communicate. The directions within the DNS exist largely in records where a specific name (such as paloaltonetworks.com) is mapped to pieces of data, such as IP addresses (for example, 34.107.151202). As the name suggests, wildcard DNS records are an exception to this ...

  • Railway Cybersecurity – Good Practices in Cyber Risk Management

    November 27, 2021

    This report aims to be a reference point for current good practices for cyber risk management approaches that are applicable to the railway sector. It offers a guide for railway undertakings and infrastructure managers to select, combine or adjust cyber risk management methods to the needs of their organisation. It builds upon the 2020 ENISA ...