Researcher: RSA 1024-bit encryption not enough
The strength of the encryption used now to protect banking and e-commerce transactions on many Web sites may not be effective in as few as five years, a cryptography expert has warned after completing a new distributing-computing achievement.
Arjen Lenstra, a cryptology professor in Switzerland, said the distributed computation project, conducted over 11 months, achieved the equivalent in difficulty of cracking a 700-bit RSA encryption key, so it doesn't mean transactions are at risk yet.
At Yahoo! News.
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