Cyber-Criminals Set for Quantum Leap in 2020 Cyber-Threat Predictions

(YourStory) CYFIRMA, a predictive cyber-threat visibility and intelligence analytics company backed by Goldman Sachs and Zodius Capital, says “Cyber-Criminals Set for Quantum Leap” in its list of 2020 cyber-threat predictions.
Quantum Computing threats were one of the predictions. CYFIRMA believes that cyber-criminals set for a quantum leap and states that quantum computing is receiving increased interest in the hacking community. The technology will accelerate the compromise of cybersecurity schemes such as public key infrastructure, complex cryptography, encryption, and integrity algorithms in a matter of seconds. The rise of state-sponsored actors could mean malevolent nations facilitating easy access to quantum computing resources to arm cyber-criminals.
Headquartered in Singapore and Tokyo, CYFIRMA has offices in India as well. The research further indicated that hackers’ interests were growing towards traditional and non-traditional industries such as research institutions, chemical, shipping, logistics, product, and technology companies.