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Re: U.S. Broker [E*Trade] goes 40-bit only

daemon@ATHENA.MIT.EDU (Joe Roberts)
Wed Apr 30 12:37:34 1997

Date: Wed, 30 Apr 1997 10:57:42 -0400
From: Joe Roberts <joe@checkfree.com>
To: Adam Shostack <adam@homeport.org>
CC: cryptography@c2.net

I'm not the anonymous user that sent the original post, but I can tell
you that I will be terminating my account if I don't get some
information that makes me feel better about E*Trade soon.  

After I saw the original post I tried logging into E*Trade's web service
and found that I couldn't get a connection with non-exportable strong
crypto (when I first opened my account this was not the case, but I
hadn't logged into the service via the web for several months).  My
inquiry to E*Trade resulted in the following:

>      Dear Mr. Roberts,
>      Thank you for your email message.
>      We use 128 bit encryption-domestic, 40 bit fro foreign access.
>      Please let us know if we can be of any further assistance.
>      
>      Sincerely,
>      
>      <snip>
>      E*Trade Trading Dept.

I have sent a follow-up message clearly indicating that I have a
domestic version of Netscape Navigator that will support 128 bit
encryption and yet I can only get 40-bit sessions.  I haven't gotten a
response yet, but it hasn't been very long...

Joe


Adam Shostack wrote:
> 
>         If anonymous would like to drop me an note telling me if
> they've terminated their account, I'd appriciate it.  (Relates to the
> question about 40 bit session cracking I asked the other day.)
> 
> Adam
> 
> Anonymous wrote:
> | >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
> |
> |
> 
> --
> "It is seldom that liberty of any kind is lost all at once."
>                                                        -Hume

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