Saturday, 21 December 2013

#RSA #NSA Your Financial Future SOLD (OUT!) #CRYPTO #ALGO

Major computer security firm RSA took $10 mln from NSA to weaken encryption Published time: December 20, 2013 23:48 Get short URL RSA SecureID electronic keys (Reuters / Michael Caronna)RSA SecureID electronic keys (Reuters / Michael Caronna) The National Security Agency arranged a clandestine US$10 million contract with computer security power RSA that allowed the spy agency to embed encryption software it could use to infiltrate the company’s widely used products, Reuters reported. Revelations provided by former NSA contractor Edward Snowden and first reported in September showed that the NSA created and perpetuated a corruptible formula that was ultimately a “back door” into encryption products. Reuters later reported RSA became the lead distributor of the formula, installing it into a software tool known as BSAFE that is widely used to boost security in personal computers and other products. Unknown then was the $10 million deal that set the NSA’s formula as the default method for the security measure - in which random numbers are generated on a key for access to a product - in BSAFE, according to Reuters’ sources. Though the sum of money for the deal seems low, it represented over a third of revenue the relevant division at RSA had made the previous year, according to security filings. RSA was previously known for its crusading fights to protect computer security and privacy in the face of government interests, as it played a major role in blocking an effort by the NSA in the 1990s to require a special chip that would have enabled surveillance on many computer and communication products. Following the September disclosure, RSA, now a subsidiary of computer storage company EMC Corp, privately warned thousands of its customers to immediately discontinue using all versions of company's BSAFE toolkit and Data Protection Manager (DPM), both using Dual_EC_DRNG (Dual Elliptic Curve Deterministic Random Bit Generator) encryption algorithm to protect sensitive data. RSA and EMC would not comment to Reuters about the alleged deal, but RSA said in a statement: "RSA always acts in the best interest of its customers and under no circumstances does RSA design or enable any back doors in our products. Decisions about the features and functionality of RSA products are our own." The NSA declined to comment. Read more:

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