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H.R. 7535, Quantum Computing Cybersecurity Preparedness Act (CBO Report for Congress)

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Congress 117th
Date Requested May 11, 2022
Requested By House Committee on Oversight and Reform
Date Sent June 7, 2022
Description:
Quantum computers use advanced algorithms and subatomic particles to process complex problems significantly faster than traditional computers. While still in the early stages of development, quantum computers could allow malicious actors to decrypt classified information stored on federal networks. H.R. 7535 would require federal agencies to compile inventories of information systems that could be vulnerable to decryption by quantum computers. The bill also would require the Office of Management and Budget to issue guidance to agencies on the adoption of technology that is protected from decryption by quantum computing and to report to the Congress on the effectiveness of its efforts.

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