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- Right now some nation states and individual actors are intercepting and storing lots of encrypted data like passwords, bank details, and social security numbers. But they canamp;#39;t open these files. So why are they doing it? Well, because they believe that within the next 10 to 20 years, they will have access to a quantum computer that can break the encryption in minutes. This procedure is known as Store Now, Decrypt Later or SNDL. And it works because there is information around today that will still be valuable in a decade. Things like industrial and pharmaceutical research and top secret government intelligence, and everyone is aware of this threat. The National Security Administration says that a sufficiently large quantum computer, if built would be capable of undermining all widely deployed public key algorithms. - You know in a five to 10 year timeframe, quantum computing will break encryption as we know it today. - Even though sufficiently powerful quantum computers are s
