E-commerce Now Survives Private Key Compromises

    Date23 Aug 2001
    CategoryCryptography
    2806
    Posted ByAnthony Pell
    A serious shortcoming of the present day cryptography algorithms is they do not survive private key compromise. Today, credit card holders are not willing to make online purchases after hearing several security incidents, an obvious reason behind most dotcom layoffs. But . . . A serious shortcoming of the present day cryptography algorithms is they do not survive private key compromise. Today, credit card holders are not willing to make online purchases after hearing several security incidents, an obvious reason behind most dotcom layoffs. But now online buyers are more secured than ever before with this new technology as the compromise of the seller's private key is no longer a threat for their credit card security. A business surviving private key compromise may sound very infeasible like resurrecting a dead body, but its really and definitely possible with this new born cryptographic method calling which, in my opinion, Robust Public Key Cryptography is more appropriate. More over, the Internet communications can avail two-way communication security, another shortcoming of the alternate public key cryptography methods.

    You will believe this when you go through the different pages of this site through the links provided here, especially the ones - RPKC, The Theory and Math and Security . Now it is time that the online sellers adopt much more advanced encryption methods to protect their communications and save the business from bankruptcy following the unfaithful and treacherous acts of their trust breaching employees.

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