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10-03-96 at 19:09 EDT, American Banker
Banks Like Export Plan for High-Power Encryption
By Drew Clark
[snippo]
Banks were heartened by the announcement because many view the widely used Data Encryption Standard - a low-level form of data scrambling - as inadequate protection against the rising computer power of so-called hackers.
Though banks can use a complex 56-bit data encryption key for financial transactions, sensitive communications with overseas branches are limited to a less powerful 40-bit standard.
Wow... in two successive paragraphs, DES is first called inadequate and then lauded as "complex [...] encryption" (as though it were the weapon of choice). Who's clue-impaired here? Clark or the ABA (or both)? - -- Roy M. Silvernail [ ] roy@scytale.com DNRC Minister Plenipotentiary of All Things Confusing, Software Division PGP Public Key fingerprint = 31 86 EC B9 DB 76 A7 54 13 0B 6A 6B CC 09 18 B6 Key available from pubkey@scytale.com -----BEGIN PGP SIGNATURE----- Version: 2.6.2 iQCVAwUBMlznpRvikii9febJAQGu9gP/R6MAE4SbJTyiXFjXGBRIrQTNnn9KDO0P +K1GpRd2dLRjnPnsZekYokSailm2ga7Q/UPwIs8PXHbtTUFYL2nlwzcxfMG4gE6m PWCfLWBhbQ3p22F8M9OlivbR7a+sLzo0ZwItDUa5vAJv5kMFhuHegNvtYE2Qnpr2 H9SW6Vc07UE= =rJ99 -----END PGP SIGNATURE-----