Last week the US National Institute of Standards and Technology (NIST) released the final versions of their post-quantum cryptography (PQC) standards: FIPS 203, FIPS 204, and FIPS 205. This marks the end of an extensive eight-year process involving submission, research, and analysis....and the journey to a quantum era begins and so will be the associated business industry
This long-anticipated development represents a major milestone in the evolution of PQC. It will influence the cryptographic systems used across various sectors, including data transmission networks, online financial transactions, and military device connectivity. Consequently, chips, devices, software applications, and supply chain components will now need to comply with these new PQC standards.