Company offers $1M to hackers

News by Dan Raywood

A company has challenged hackers to crack its encryption with a $1M prize on offer.

A company has challenged hackers to crack its encryption with a $1M prize on offer.

 

Permanent Privacy's platform is based on AES encryption but has an extra layer of security which the developers claim makes it impregnable. It explained that the idea came from encrypting a piece of plain text that was unintelligible gibberish. It believes that it is so hard to crack that it is offering $1 million to anyone who is able to break into the system.

 

The company said: “If the plain text is gibberish and has no meaning, there is no understandable form or relationship between the plain text and the cyphertext. So when you launch an attack on the cyphertext, and try all combinations of the key(s) in order to decrypt it, the plain text will certainly appear. The problem is that you will never know which of the perhaps billions of combinations is the plain text as you have no way to judge this.”

 

Peter White, managing director of Permanent Privacy, said: “The world of cryptography shuns and disparages outsiders, but Permanent Privacy is the real thing. You can now send emails and store data with 100 per cent security. Even the Pentagon cannot read your secrets if they do not have the keys.”

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