Monday, August 26, 2013

Cryptanalogical collapse of the Internet security

"The Internet, and many forms of online commerce and communication that depend on it, may be on the brink of a "cryptopalypse" resulting from the collapse of decades-old methods of shared encryption.
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At the heart of the impending "cryptopalypse" are the Diffie-Hellman and Rivest-Shamir-Adleman (RSA) shared encryption algorithms, which were independently developed, respectively, at Stanford and the Massachusetts Institute of Technology in the mid-1970s.

Both algorithms are on the verge of being "cracked" — proven to be vulnerable to attack — by academic mathematicians."

Please click that link.  It will tell you about some problems we may be facing soon.

Your on-line accounts, shopping, social media etc could be completely open to hacking.

Do you use on-line banking?  On-line shopping?  Your personal information and financial information could be exposed and leave you open for identity theft and fraud.

So if you don't normally think about things like your on-line safety, please start.  It is very serious and it could possibly cost you time, money and your good credit report if you ignore it.

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