Nick Polk, a senior adviser to Federal CISO Chris DeRusha, gives an update on the status of the Biden administration’s efforts to transition to post-quantum cryptography.
Below: Microsoft says MGM’s recent hackers have become a “dangerous” group, and malware disguised as cryptocurrency infects 1 million devices. First:The U.S. is in the early stages of a major shift focused on bolstering government network defenses, pushing federal agencies to adopt a new encryption standard known asthat aims to prevent systems from being vulnerable to advanced decryption techniques enabled by quantum computers in the near future.
The second thing is what we call a “record now, decrypt later” attack where an adversary will hoover up large data streams that are encrypted, store them, and — one day when a quantum computer is powerful enough — they decrypt that data. There’s some stolen data that might not be valuable to an adversary in 2035, but some data could still be . I would say the Big Tech companies in the U.S.
The hacking group notably became an affiliate of the ALPHV/BlackCat ransomware group in mid-2023, according to Microsoft. “This is notable in that, historically, Eastern European ransomware groups refused to do business with native English-speaking criminals,” Microsoft wrote. The company first took note of StripedFly in 2017, but last year began to notice that there was more to what it had been doing in the subsequent years.“The amount of effort that went into creating the framework is truly remarkable, and its disclosure was quite astonishing,” they said.
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