#1 (permalink)  
Old 12th July 2008, 04:31 AM
musky's Avatar
ViP Member
 
Join Date: Aug 2007
Posts: 894
$1 Million prize offered for cracking an encryption algorithm

$1 Million prize offered for cracking an encryption algorithm


Quote:
It’s 2008, and companies perhaps rich on VC money to waste in a guerilla marketing tactic for generating viral buzz, still talk and act as the utopian “unbreakable encryption” algorithm is the panacea of security, or the “Hackers Hell: Privacy That Can’t Be Compromised” as they pitch it.

Permanent Privacy is one of these companies suffering from marketing myopia, and re-inventing the wheel by promotion what’s already available on the market, unbreakable encryption if the algorithm is directly attacked, and the opportunity for obtaining the keys and passphrases through malware excluded. They are, whatsoever, offering $1m to those who manage crack their data encryption system :

“Permanent Privacy announces the world’s first practical data encryption system that is absolutely unbreakable. And is offering a $1,000,000 challenge to anyone who can crack it. Permanent Privacy (patent pending) has been verified by Peter Schweitzer, one of Harvard’s top cryptanalysts, and for the inevitable cynics Permanent Privacy is offering $1,000,000 to anyone who can decipher a sample of ciphertext. Peter White, Managing Director of Permanent Privacy, said:

“The world of cryptography shuns and disparages outsiders, but Permanent Privacy is the real thing. You can now send emails and store data with 100% security. Even the Pentagon can’t read your secrets if they don’t have the keys”.

There’s a business model in here, and not necessarily the brand with a mission like you’d want it to be. For instance, in order to participate in the challenge, you’d have a purchase the tool for $39 - “Each licence bought will entitle one entry into the Million Dollar Challenge“, and what follows is the best part. Even if you purchase it and encrypt a message, the person who wants to decrypt the message would also have the purchase the tool - “if your friend wants to decrypt something you’ve sent he/she will also need to purchase PP as well.” Thinking for a second about the number of people with whom you exchange encrypted emails on a daily basis, and how they wouldn’t be able to read them unless they too, purchase the tool, ruins my understanding of public key cryptography.

As far as the “unbreakable encryption” is concerned, it’s already there. The GPcode authors use it, and probably you use it, which doesn’t mean that you are no longer susceptible to malware and spyware attacks aiming to steal your secret keys and passphrase, since it would be virtually impossible, if not impractical to directly attack the encryption algorithm used. Cases in point :

the recent espionage attempts against pro-tibet groups were aiming to steal their PGP encryption keys through malware
police spyware also known as fedware aiming to assist law enforcement in dealing with “unbreakable encryption” is only starting to take place as a concept
in Bavaria, Skype encryption wiretapping trojans are already legally used and, of course, abused lawfully
These ongoing developments clearly indicate that whenever the algorithm cannot be cracked, adaptive approaches are already in the works, and so even the “unbreakable encryption” can by simply bypassed by stealing your keys and associated passphrase through malware. Therefore, the “unbreakable encryption” used in a compromised environment is literally worth nothing
__________________

testing

viewsat ultra
pansat 2700 n2
lifetime classic na
coolsat 5000
vs platium
vs extreme
cw 800
vs ul
Reply With Quote
Sponsored Links

Tired of waiting days for fixes? Click here to get 3000 channels.. NO DOWNTIME, Guaranteed!

  #2 (permalink)  
Old 12th July 2008, 04:46 AM
MASTER OF DISASTER's Avatar
Super Moderator
 
Join Date: Oct 2007
Location: florida
Posts: 2,094
is it me or is this asking for trouble? seems like a setup. should be interesting to see who bites. LOL nice offer though
__________________
Please do not PM or profile message me with questions that can be answered in the forums!!!!!


IN GOD WE TRUST. keep that always
testing pansat 9000hd and sv4000, sv360 premier, pansat 2700a, satopia ST1100-UT

http://www.maritime-fta.com/
Reply With Quote
  #3 (permalink)  
Old 12th July 2008, 08:40 PM
BOSNIAN_BOY's Avatar
BOSNIAN Super Moderator
 
Join Date: Sep 2006
Posts: 2,753
yup it is a trap to catch coders he he
__________________
This is 10% luck, 20% skill, 15% concentrated power of will, 5% Pleasure, 50% Fifty pain, And a 100% reason to remember the name!


my help is for education only...

Are you a WRESTLING FAN pm me
Reply With Quote
Sponsored Links

Tired of waiting days for fixes? Click here to get 3000 channels.. NO DOWNTIME, Guaranteed!

Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



Maritime-fta

All times are GMT. The time now is 11:16 PM.

eXTReMe Tracker
Powered by vBulletin® Version 3.7.2
Copyright ©2000 - 2008, Jelsoft Enterprises Ltd.
Search Engine Optimization by vBSEO 3.2.0
vB Ad Management by =RedTyger=
Design By HTWoRKS