NIST publishes post-quantum cryptography standards to counter quantum computing threats.

NIST has published the first set of post-quantum cryptography standards, ML-KEM, ML-DSA, and SLH-DSA, in response to quantum computing threats. Quantum-resilient cryptography market is projected to grow at a 38.3% CAGR, reaching over $4.6 billion by 2030. Companies like Scope AI Corp. and Veritone Inc. are using AI to create future-proof environments with improved encryption, decryption, and key-generation, quicker data processing, and real-time responsiveness.

August 27, 2024
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