[647] in cryptography@c2.net mail archive

home help back first fref pref prev next nref lref last post

U.S. Broker goes 40-bit only

daemon@ATHENA.MIT.EDU (Anonymous)
Tue Apr 29 19:32:26 1997

Date: Tue, 29 Apr 1997 15:13:25 -0700
To: cryptography@c2.net
From: nobody@hidden.net (Anonymous)

>From: "Service3" <service@etrade.com>
>Subject: Re: Weakened web security

     ************************************************************* 
     
     E*TRADE SECURITIES
     
     *************************************************************
     Dear <snip>:
     
     Thank you for your e-mail message, and your comments.
     
     We are looking into reestablishing the handshaking capability for 
     128-bit encryption. I do not have a time table for when that will take 
     place.
     
     However, we beg to differ with your view that the 40-bit encryption is 
     "insecure". Since our security system uses one-time pads, it would be 
     extremely difficult for anyone to decode a single packet, much less an 
     entire transmission series. We have yet to have a single security 
     breach at E*Trade, and even if there was, we are insured fully for 
     such a situation. We are fully confident that our customers are as 
     safe and secure as we can make them.
     
     
     If you have any additional questions or comments, please e-mail us at 
     service@etrade.com, or, if you would prefer, please feel free to call 
     a Customer Service Representative, Monday through Friday, 8:00am to 
     12:00am Midnight (Eastern Time), toll-free, at 1-800-STOCKS5 
     (1-800-786-2575).
     
     Sincerely,
     
     <snip>
     E*Trade Customer Service
     


home help back first fref pref prev next nref lref last post