What is the role of NIST in post-quantum cryptography?

What is the role of NIST in post-quantum cryptography?

NIST, the National Institute of Standards and Technology, is leading efforts to develop post-quantum cryptographic standards to secure data against quantum computing threats.

Why is post-quantum cryptography important?

It's crucial because quantum computers could break current cryptographic systems, jeopardizing data security.

How is NIST selecting algorithms for this?

NIST is conducting a multi-phase evaluation process, where cryptographic algorithms are submitted, analyzed, and tested for security and efficiency.

What are some candidates for post-quantum algorithms?

Some candidates include lattice-based, hash-based, and code-based cryptographic algorithms, which are considered resistant to quantum attacks.

When will the new standards be finalized?

NIST aims to finalize the post-quantum cryptography standards by 2024, following thorough evaluation and public feedback.