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Twenty-four years ago, the world prepared for the risk of a global meltdown due to the “Y2K bug” – the potential for computer errors related to the formatting and storage of calendar data for dates in and after the year 2000. The issue at the time was many programs represented four-digit years with only the final two digits, making the year 2000 indistinguishable from 1900.
Because many computer systems could not correctly distinguish dates, this had the potential to bring down worldwide infrastructures for computer-reliant industries.
Thanks to the awareness of this as early as 1985, many systems could be modified in time, and the impact of the Y2K issue was minimal.
However, a new threat is looming with the advent of Quantum computing. These mega-powerful computers will potentially be able to decrypt current-day encryption by 2030, with some cybersecurity experts suggesting it could even be as soon as next year.
What does this mean for businesses and consumers? Any currently encrypted data could be stored until such a time that quantum computers can decrypt it, exposing our most important secrets and personal information to bad actors and hackers.
Are you prepared for the quantum threat? In this first episode for season six, we discuss the risks and opportunities of quantum computing with Chris Johnson, Senior VP and Global Head of Enterprise at Nokia.
Chris explains how quantum computing will exponentially increase data volumes and processing power, potentially allowing encrypted data from today to be decrypted in the future. He stresses the importance of preparing networks and systems now to be “quantum safe.”
We also explore the positive uses of quantum, such as accelerating research and optimizing complex systems, and Chris shares examples of how quantum could speed up vaccine development and financial analysis.
Tune in to learn what Nokia is doing in the quantum space, how edge and cloud computing will work with quantum and three actionable steps you can take today to future-proof against quantum threats.
It’s a fascinating look at an emerging technology with worldwide implications.
Chris is Senior Vice President and Global Head of Enterprise at Nokia.
A veteran sales and business leader, Chris focuses on delivering critical network solutions for the world’s most essential industries. He is a passionate champion of industrial digitalization for enterprises and government organizations, with a deep understanding of how innovative and intuitive digital technologies can bring resilience, productivity, efficiency and sustainability to any operation.
Drawing on his experience defining business strategies, developing teams, executing initiatives and driving profitable growth, Chris helps Nokia Enterprise customers harness the exponential potential of networks to unlock new business models and build capacity for long-term success.
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