Crypto maker changes course

Tuesday, 3 June 2003, 10:55 AM EST

New leadership at security developer Ntru CryptoSystems Inc. is hoping a new services and consulting strategy will help mitigate the damage caused by problems with the company's core encryption algorithm. Once one of the premier cryptography companies in the United States, Ntru in the past six months has undergone a nearly complete face lift, replacing its CEO, moving away from its main business of licensing its cryptographic algorithms, slashing its staff by a third and placing many of the remaining employees on part-time status.

The changes at Ntru stem from issues surrounding the company's main intellectual property, the NtruEncrypt algorithm. The algorithm is the heart of the company's Neo security tool kit line and is the basis for the Ntru public-key cryptosystem. Last fall, the company discovered there were problems with the parameters it had been recommending to customers to improve bandwidth when using the algorithm. Specifically, the problems caused random messages to fail to decrypt.

[ Read more ]




Spotlight

What security experts think about Apple Pay

Posted on 11 September 2014.  |  Apple Pay works with iPhone 6 and iPhone 6 Plus through a NFC antenna design, a dedicated chip called the Secure Element, and the security and convenience of Touch ID.


Weekly newsletter

Reading our newsletter every Monday will keep you up-to-date with security news.
  



Daily digest

Receive a daily digest of the latest security news.
  

DON'T
MISS

Fri, Sep 12th
    COPYRIGHT 1998-2014 BY HELP NET SECURITY.   // READ OUR PRIVACY POLICY // ABOUT US // ADVERTISE //