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Saturday, July 05, 2008
Hackers Hell: Privacy That Can't Be Compromised
Comtex
LONDON, July 5, 2008 /PRNewswire via COMTEX/ ----Permanent Privacy (visit http://www.permanentprivacy.com) announces the world's first practical data encryption system that is absolutely unbreakable. And is offering a $1,000,000 challenge to anyone who can crack it.
$1,000,000 Challenge
Permanent Privacy (patent pending) has been verified by Peter Schweitzer, one of Harvard's top cryptanalysts, and for the inevitable cynics Permanent Privacy is offering $1,000,000 to anyone who can decipher a sample of ciphertext. See the website http://www.permanentprivacy.com for details.
Peter White, Managing Director of Permanent Privacy, said:
"The world of cryptography shuns and disparages outsiders, but Permanent Privacy is the real thing. You can now send emails and store data with 100% security. Even the Pentagon can't read your secrets if they don't have the keys".
Permanent Privacy will appeal to a diverse user base:
- Individuals who are concerned about files stored on their computers, or worried that their private emails can be intercepted and read
- Organisations that need to be absolutely certain that they are not the next media embarrassment due to sensitive data being lost or stolen
- Developers who wish to build P.P. into their applications
From time to time a debate has raged over the desire of some governments to stifle the use of strong encryption. The launch of Permanent Privacy is likely to re-kindle this debate.
SOURCE Permanent Privacy
Copyright (C) 2008 PR Newswire. All rights reserved
FOX Translator
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No, it's not a dance craze. Contago is a condition of supply and demand, essentially a fancy word to say that prices for items, typically commodities, are cheaper now than they would be at some point down the line.
Anything that¿s sold in the futures market can be in a case of contango. Futures are exactly that: a contract to buy an item or asset at a price in the future. This is the case with oil, with traders buying and selling contracts to acquire a barrel of oil in months down the line. When a market is in contango, spot prices, or the price of a commodity if you were to buy it right now, are lower than forward prices.
Why is that important? Well, it usually tells you the supply of a given commodity is plentiful (since, according to Economics 101, a large supply usually leads to cheap prices).
Incidentally, if you think contango is a mouthful, its opposite condition is known by the equally tongue-tying term backwardation.
