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E-business security threat

New mathematical research shows that there is a flaw in the security algorithms. While there is virtually impossible to break an established connection in some circumstances it is possible to predict the combination of keys being used to establish this connection. This information has raised a few eyebrows and many many questions about the security of online transactions. To date there is no evidence that any secure connection has been broken in transmission, it just takes too long to have it broken and information extracted. The same can be said about the prediction of the initial keys, by the time you can exploit the possibility of this prediction the transaction would be 3 years old and any opportunity to capitalize on the this information would be gone as well. This type of information is usually released when there is an update to the core system is being developed that no one wants to buy. Technically, the possibility of such a break in transmission is close to you winning the lottery 3 times in a row but someone has to sell a new / updated product so lets all jump onboard and concentrate on fixing something which is not broken for the fear of it being hacked by a mathematical genius taking 3 years in a process.

I believe that the online transactions are exceptionally secure and there is no need for any updates or reviews of the current infrastructure and protocols carrying the online shopping systems. There are much bigger dangers in the online business transactions than small flaws in the random number generation process. At the end of the day 99% of hack happen to the systems which are managed by people who sometimes forget the importance of proper maintenance.

 

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