Public encryption keys are no longer secure
Source: Infoconomy.com
Keys used for the vast majority of encryption systems - including ecommerce - are no longer secure. A paper by Daniel Bernstein, an associate professor at the University of Illinois at Chicago, has shown that it is possible to build a computer that could break the vast majority of encryption keys in minutes.
Most publicly-used encryption technology, such as that used in secure web traffic, logon accounts for servers, Internet protocol (IP) traffic, Pretty Good Privacy (PGP) encryption and signed emails, relies on "keys" - very large numbers - one of which is privately held and one which is available to the public
