"Unbreakable Crypto" announcement??

Mon Aug 24 11:42:46 PDT 1998

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In <Pine.BSI.3.95.980824130502.222A-100000 at mail1.i1.net>, on 08/24/98 
   at 01:08 PM, Fade <fade at mail1.i1.net> said:

>Does anyone with access to the Financial Times know what the hell this
>snippet is talking about??

>-=fade=-

>ENCRYPTION BREAKTHROUGH ANNOUNCED TODAY
>August 24, 1998

>     According to the Financial Times a new "unbreakable" encryption
>technology, called the "Cramer-Shoup cryptosystem," will be annouced
>today by mathematicians from the International Federal Institute of
>Technology which supposedly will thwart even the most aggressive Internet
>hackers. They claim to have created the first "unbreakable protection"
>which would reportedly be a breakthrough that could ensure the security
>of electronic commerce. The Financial Times said, "The breakthrough comes
>amid growing anxiety about the vulnerability of Internet transactions
>since the  discovery by researchers earlier this year of a new way to
>break through even the strongest encryption systems."

Well this marketing hype just reeks of snake-oil.

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