
“The encryption systems used to secure online bank accounts and keep critical communications private could be undone in just a few years, security researchers warned at the Black Hat conference in Las Vegas yesterday. The NSA has for years recommended ECC as the most reliable cryptographic protection available. Implementations of ECC were pioneered and patented by a company called Certicom that is now a subsidiary of the phone manufacturer BlackBerry. Although the U.S. government has purchased licenses, other companies that want to use ECC will need to make expensive deals with Certicom to avoid lawsuits.”
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