Podcast
Root Causes 438: PQC Is an Existential Requirement


Hosted by
Tim Callan
Chief Compliance Officer
Jason Soroko
Fellow
Original broadcast date
November 12, 2024
Repeat guest Bruno Couillard argues that cryptography is part of the foundational fabric of our lives and that the transition to PQC is an existential requirement.
Podcast Transcript
And then, with the use of PKI behind the scene that could issue certificates. And you guys know exactly that business, and you know where it's been. And then behind that PKI was a box, a black box somewhere in the cupboards or somewhere in a closet that would secure that digital cryptography key. The HSMs. And when you look at the stack of how this has evolved, and that still to this day, gives us the ability to transact on this global network fabric where we have established digital trust, and we can confidently go and build the economy of today. Like today's economy pretty much has a third of it riding on this internet fabric that we built in 30 years. It's amazing. I mean, I don't think we've ever built something that fast in humanity, in man time on this planet. It's just massive.
Like so reliable that for our purposes, we can just call it complete and total. And you know that I can go to any random merchant anywhere on the planet and take my particular credit card, or any other individual could take their particular credit card, regardless of the bank or where they live or anything else, and put it in and know that the identity is going to be correct for every step of that process. Like the amount of complexity that goes behind that simple act - stick my credit card into a terminal is absolutely vast - in every step of the way without completely reliable identity every step of the way, the whole thing crashes down.
Symmetric cryptography has been around for many, many 10s of years. The change here is not the ability to encrypt, but it's the ability to authenticate and be able to identify and have trust. And that is when the inflection point comes about in that big line that you look at. That moment in 1994 causes a complete turn of events. Now we have, without having to establish a physical connection, and to know a person in a like handshake with someone in a parking lot to exchange some keys, you can actually create a relationship, a digital trust relationship, without ever having to meet those person. Those other entities. That is the inflection point of 1994.
So today, I guess why I'm kind of talking about this concept or this idea is, when you look at what could quantum computers do, quantum computers has the ability to completely destroy the ability for us to establish a digital trust that we have been relying for the last 30 years. We're still able to establish keys. Man, I was in the forces. I was in the military before, and I know how we can send keying material from base to base and establish secure connections. That was done well before the internet. But digital trust does not happen if you don't have public key cryptography that you can rely on and all the systems that are behind it, like your PKI, your HSMs and everything that needs to be present in order for this entire setup to provide you the trust that you need to exchange your credit card and send money and so on. So that that is a that's what quantum computing is all about.
I think if it has the ability to demolish that capability we have built and make it obsolete - man, we've lost 30 years of expansion, and we're going back to ‘94 and prior.
A loaf of bread is not going to be delivered tomorrow. It changes the world we live in. I think the notion of existential threat is not a bad term for what that could cause.
And only some systems gradually will be upgraded to being quantum resistant, and therefore, a first class citizen like they are today, in terms of most of our systems, from that time we saw that, that lock box in our browser, we knew we had reliable encryption and privacy. I'm wondering, Bruno, what's the world going to look like when we have a patchwork of systems that are legacy, breakable, but operating and working alongside newly quantum resistant systems? I think it's an interesting world, Bruno.
If I were to start a career today, I would definitely go in that field, because it will bring lots of cool challenges, lots of very major, you will be dealing with issues that no one has ever solved before.
I would send out a call here, if anyone is listening to our podcast, if you feel that cyber security is not a sexy or it's not a fun place to be, man, I can tell you that this is the most amazing place to be these days, and it's going to be a very challenging field for many years to come.
When we established all these things were built, and there was no cryptography, and then there was none and we decided on RSA, and we decided on Internet Protocol, and we decided on these things, and we built this technology stack, and we did all that, but we did that when the whole thing was kind of a science experiment.
And where it was used by a very, very, very small percentage of our society, which was overwhelmingly technically savvy. And very localized geographically, and it just wasn't even remotely the same thing. The stakes were so much lower compared to how it is now. Or even a few minutes of outage causes massive problems.
And like you said, we've got a whole generation of IT professionals who have never known anything else.
Like this has been from the time they were old enough to know what a computer was, there have been certain baseline assumptions that were just built in. Like, we use RSA.
nd now, all of the sudden, we're trying to move our road 50 feet through the middle of not just any city, but the world's most congested city.
In the end, we need to all be very happy in the end that we fixed all these problems that you were alluding to, Jason, a second ago there.
It will be a collaboration effort in every dimension to make this possible.
When we were trying to get to the moon, everybody knew we were trying to get to the moon, and everybody was rooting for it, and this is like a moonshot that most people aren't aware is going on and don't really care about and even people who were kind of in the industry aren't that aware about it and don't really care about it that much. And I think that's an interesting disparity, and maybe one that isn't in our best interest.

