Cybersecurity Revolution: NIST's Post-Quantum Standards Address Emerging Quantum Threats

USA News Group Commentary
Issued on behalf of Scope AI Corp.

VANCOUVER, BC, Aug. 27, 2024 /PRNewswire/ -- USA News Group – The alarm sent out by expert cryptographers regarding the threat of future quantum computing capabilities is growing louder, and finally is being heard. Help is on the way, as the National Institute of Standards and Technology (NIST) recently published its first set of standards for post-quantum cryptography: ML-KEM (originally known as CRYSTALS-Kyber), ML-DSA (previously known as CRYSTALS-Dilithium) and SLH-DSA (initially submitted as SPHINCS+). For many companies, from small businesses to large enterprises, the time is now to start implementing these algorithms. It's a substantially large opportunity, with analysts at Grand View Research estimating the Quantum Cryptography Market is set to grow at a whopping 38.3% CAGR through to more than $4.6 billion by 2030. Behind the scenes are developers working with artificial intelligence (AI) to be provide a more future proof environment, including from Scope AI Corp. (CSE: SCPE) (OTCQB: SCPCF), Veritone, Inc. (NASDAQ: VERI), BigBear.ai Holdings, Inc. (NYSE: BBAI), IonQ, Inc. (NYSE: IONQ), and Tenable Holdings, Inc. (NASDAQ: TENB).