What the New Federal Cybersecurity Act Means for Businesses
4 min read - On December 21, 2022, President Biden signed the Quantum Computing Cybersecurity Preparedness Act. The risk of quantum-powered password decryption is increasing exponentially. The new legislation is designed to help federal agencies proactively shift to a post-quantum security posture. Agencies have until May 4, 2023, to submit an inventory of potentially vulnerable systems, and the Act directs the Office of Management and Budget (OMB) to prioritize the adoption of post-quantum cryptography standards. For businesses, government efforts to address emerging quantum risks…