In message <[EMAIL PROTECTED]>, Willi
am Knowles writes:
>Snakeoil?
>
>[Smells like it. --Perry]
>
>http://www.ireland.com/newspaper/finance/2000/1110/fin10.htm
>

I don't know if it's really snake-oil -- it's possible, of course, that 
they've developed a new, useful encryption algorithm, though of course 
the odds are against that -- but no matter how good the algorithm is, 
it's not "unhackable".  Leaving aside the distinction between 
cryptanalysis and hacking (and it's a huge one!),  most security 
problems are due to buggy code and/or bad systems administration.  The 
best encryption in the world can't stop buffer overflows, to give just 
one example.

                --Steve Bellovin



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