Currently used encryption algorithms on the verge of being cracked

According to a presentation at this year’s Black Hat conference, the shared encryption algorithms are on the verge of being cracked by mathematicians, and if/when it happens, HTTPS, PGP and other authentication standards currently in use will no longer provide security.

Read more about this here:
http://news.yahoo.com/cryptopalypse-now-looming-security-crisis-could-cripple-internet-192911084.html

 

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