Cyber Work

Why Hackers Are Stealing Encrypted Data Now To Decrypt Later | David Close


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David Close, Chief Solutions Architect at Futurex, discusses the reality facing our digital world: quantum computing will soon break the encryption protecting everything from mobile banking to satellite communications. But here's the twist — hackers aren't waiting. They're harvesting encrypted data now, betting that quantum computers will eventually crack today's "unbreakable" codes in a strategy called "harvest now, decrypt later." David explains how NIST's new post-quantum cryptography standards are already being deployed by companies like Google and CloudFlare, why crypto agility is essential for future-proofing your security infrastructure, and how you can break into the exciting field of cryptography — even without a PhD in mathematics.

0:00 - Intro
1:00 - Cybersecurity Salary Guide
3:06 - Meet David Close from Futurex
3:52 - David's journey from embedded systems to cryptography
5:05 - What Futurex does and 40 years of crypto innovation
6:39 - The role of Chief Solutions Architect
8:21 - Evolution of cryptography from payments to enterprise
10:13 - How David discovered his passion for cryptography
13:23 - Post-quantum cryptography explained
15:16 - Why quantum computers break current encryption
16:05 - The "harvest now, decrypt later" threat
18:19 - NIST's new quantum-resistant algorithms
20:02 - Real-world quantum threats to satellites and IP
22:43 - What organizations can do now
25:25 - Crypto agility and future-proofing systems
28:41 - Resources for staying current on cryptography
30:45 - Career paths in cryptography beyond algorithm development
32:18 - Getting started in cryptography careers
34:26 - The cryptography landscape in 15 years
37:34 - Regulatory enforcement of new crypto standards
39:43 - Best career advice: Finding the right vehicle
41:29 - David's current reading and recommendations
42:35 - Where to find David and Futurex online

View Cyber Work Podcast transcripts and additional episodes: https://www.infosecinstitute.com/podcast/?utm_source=youtube&utm_medium=podcast&utm_campaign=podcast

About Infosec
Infosec's mission is to put people at the center of cybersecurity. We help IT and security professionals advance their careers with skills development and certifications while empowering all employees with security awareness and phishing training to stay cyber-safe at work and home. More than 70% of the Fortune 500 have relied on Infosec to develop their security talent, and more than 5 million learners worldwide are more cyber-resilient from Infosec IQ's security awareness training. Learn more at infosecinstitute.com.

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