Researchers Discover Ways To Break Encryption Of “MEGA” Cloud Storage Service

Researchers Discover Ways To Break Encryption Of MEGA Cloud Storage

A new study by academics from ETH Zurich has identified a number of critical security issues in the MEGA cloud storage service that could be exploited to break the confidentiality and integrity of user data. In an article titled “MEGA: Malleable Encryption Goes Wrong“, the researchers point out that MEGA’s system does not protect its … Read more

French encryption specialist Cosmian raises 4.2 million euros

Cosmian, a start-up that develops software to exploit encrypted data, raises 4.2 million euros. The French deep tech announced this fundraising on June 20, 2022. It was carried out with 115K, the new fund from Banque Postale, and Elaia Partners. With this financial contribution, Cosmian wishes to accelerate the marketing of its first products and … Read more

Encryption Framework Would Define Supervisory Jurisdiction For SEC And CFTC

Diving brief: Meaning. Kirsten Gillibrand, D-NY, and Cynthia Lummis, R-WY, unveiled a bipartisan crypto bill Tuesday which aims to provide space with a complete regulatory framework. The Responsible Financial Innovation Act addresses regulatory requirements for stablecoin issuers and taxes on crypto transactions. It also offers clarification on which digital assets would be commodities versus securities. … Read more

NSA swears next-gen encryption won’t contain backdoor

NSA swears next gen encryption wont contain backdoor

The powerful NSA assures that there are no backdoors in the next generation of cryptographic standards. His speaking out comes nearly 10 years after revelations by Edward Snowden, which exposed the agency’s encryption machinations. Nearly ten years after Edward Snowden’s revelations about the United States’ electronic surveillance programs, suspicion still hangs over the NSA, the … Read more