SIIA - Software & Information Industry Association

08/15/2024 | Press release | Distributed by Public on 08/15/2024 09:30

SIIA Commends NIST for Finalizing Post-Quantum Cryptography Standards

SIIA Commends NIST for Finalizing Post-Quantum Cryptography Standards

August 15, 2024

The following statement can be attributed to Paul Lekas, Senior Vice President, Global Pubic Policy for SIIA.

The Software & Information Industry Association (SIIA) applauds the U.S. Department of Commerce's National Institute of Standards and Technology (NIST) for the finalization of its post-quantum cryptography (PQC) standards - a set of algorithms aimed at preventing cyber-attacks within quantum computing. As the digital landscape rapidly evolves, these new encryption algorithms represent a crucial step forward in safeguarding our information infrastructure against the emerging threats posed by quantum computing.

SIIA recognizes the importance of prioritizing proactive measures when considering the security and privacy of digital information. The role of encryption has become a backbone for protecting both consumer and national security information, but quantum computing is slated to change this landscape over the next decade. NIST's leadership in developing PCQ standards reflects a forward-thinking approach and provides an effective framework for organizations to begin integrating these algorithms into their systems to protect against potential quantum-based cyber threats.

We commend NIST for its rigorous and inclusive multi-year process in development of these standards, a testament to America's role as a global technology leader. SIIA looks forward to continued collaboration with NIST and other key stakeholders to support the development and implementation of vital standards across the entire technology ecosystem.