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IBM Crypto Up For Grabs?

An Anonymous Coward writes: "BBC Newsnight have tonight shown an article about a groups of hackers who are about to release details of the vulnerability of the IBM Cryptographical processors. ( Details here.) The BBC article can be watched online here. Alan Cox makes a starring role ;)" windowlicker adds some detail: "Mike Bond and Richard Clayton, from Cambridge University, have cracked IBM's 4758 crytoprocessor running the 'Common Cryptographic Architecture' (CCA). You can do the same with $1000-worth of hardware and the info from here. Many banks use this system for protecting PINs." The video file requires Real software; here's the BBC's article online for those of us without.

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