encryption algorithm | Breaking Cybersecurity News | The Hacker News

A late-stage candidate encryption algorithm that was meant to withstand decryption by powerful quantum computers in the future has been trivially cracked by using a computer running Intel Xeon CPU in an hour's time. The algorithm in question is SIKE — short for Supersingular Isogeny Key Encapsulation — which made it to the  fourth round  of the Post-Quantum Cryptography (PQC) standardization process initiated by the U.S. Department of Commerce's National Institute of Standards and Technology (NIST). "Ran on a single core, the appended  Magma   code  breaks the Microsoft  SIKE challenges  $IKEp182 and $IKEp217 in about 4 minutes and 6 minutes, respectively," KU Leuven researchers Wouter Castryck and Thomas Decru  said  in a new paper. "A run on the SIKEp434 parameters, previously believed to meet NIST's quantum security level 1, took about 62 minutes, again on a single core." The code was executed on an Intel  Xeon CPU E5-2630v2  at 2.60GHz, which w

Google has launched a new encryption algorithm that has been built specifically to run on mobile phones and smart IoT devices that don't have the specialized hardware to use current encryption methods to encrypt locally stored data efficiently. Encryption has already become an integral part of our everyday digital activities. However, it has long been known that encryption is expensive, as it causes performance issues, especially for low-end devices that don't have hardware support for making the encryption and decryption process faster. Since data security concerns have recently become very important, not using encryption is no more a wise tradeoff, and at the same time, using a secure but slow device on which apps take much longer to launch is also not a great idea. Currently Android OS supports AES-128-CBC-ESSIV for full-disk encryption and AES-256-XTS for file-based encryption, and Google has already made it mandatory for device manufacturers to include AES encry

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