Cybank breaks new ground; rejects public-key encryption
Robert Hettinga
rah at shipwright.com
Sat Jul 13 19:14:13 PDT 1996
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Sender: e$@thumper.vmeng.com
Reply-To: Ian Grigg <iang at systemics.com>
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Date: Sat, 13 Jul 1996 22:55:43 +0200
From: Ian Grigg <iang at systemics.com>
To: Multiple recipients of <e$@thumper.vmeng.com>
Subject: Cybank breaks new ground; rejects public-key encryption
This taken from their pages (http://www.cybank.net/cb-encr.htm)
---------------------------------
Security and Encryption
Cybank software is protected by multiple encryption and identification
systems, some can be seen, others are invisible.
Cybank cash can be traced back to the original account it belongs to.
Cash Keys cannot effectively be modified with disabling them.
Because cash keys are also password protected, they can only be created and
spent by the authorised account holder.
Cybank uses an encryption matrix of 380 characters. Cybank can safely
transfer any Cash Key or message from point A to point B via the Internet.
Cybank DOES NOT use Public Key Encryption (which has proven to be
insecure).
Here is a sample encrypted code, see if you can understand it:
193404158201838932119642777371870823541340764 [...]
-------------------------------
I wonder if they intend to publish the protocols :-)
--
iang
iang at systemics.com
--- end forwarded text
-----------------
Robert Hettinga (rah at shipwright.com)
e$, 44 Farquhar Street, Boston, MA 02131 USA
"'Bart Bucks' are not legal tender."
-- Punishment, 100 times on a chalkboard,
for Bart Simpson
The e$ Home Page: http://www.vmeng.com/rah/
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