The U.S. Department of Commerce’s National Institute of Standards and Technology (NIST) has chosen the first group of encryption tools that are designed to withstand the assault of a future quantum computer, which could potentially crack the security used to protect privacy in the digital systems we rely on every day — such as online banking and email software. The four selected encryption algorithms will become part of NIST’s post-quantum cryptographic standard, expected to be finalized in about two years.
source: https://www.nist.gov/news-events/news/2022/07/nist-announces-first-four-quantum-resistant-cryptographic-algorithms
Quantum computers are expected to be capable of breaking existing cryptographic algorithms, threatening the security of our data. The aim of post-quantum cryptography is to address this issue, devising new ways of protecting data and communications against the threat posed by super powerful quantum computers.
source: https://www.inria.fr/en/closer-look-post-quantum-cryptography