From: BankInfoSecurity.com

No Need to Panic, Cryptographers Say; Just Wait for NIST Guidance

There’s good news for anyone worried about the rise of quantum computers and the risk that they could be used to crack modern, public-key crypto systems, thus imperiling the security of much of today’s data, both in transit and at rest. Leading cryptographers advise: Don’t panic, and above all, don’t do anything about it right now.

“Do nothing, just wait for the NIST process,” said Dan Boneh, a professor at Stanford University, in an RSA Conference panel last week devoted to post-quantum cryptography and answering this question: “Is time running out?”

Read Complete Article