AES Announced as Federal Standard
chekhov writes: "Today NIST has finally announced AES (Advanced Encryption Standard) as a Federal Standard after 4 years of development. See the press release. AES is the replacement of DES and is expected to be used in financial systems and secure networks for up to 20 years. More information on the AES homepage."
The article assures us that even though DES can now be (relatively easily) broken, AES would take umpteen quadrillion years to break (plus or minus).
I can't help thinking that back when DES was new, they probably told us the same thing.
Moore's law and all that stuff, but betcha in a decade or so AES is suddenly breakable...!!!!