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Hackers yet to succeed in $250,000 encryption challenge

posted onJanuary 5, 2010
by hitbsecnews

Hackers have yet to claim the $250,000 prize offered by Israel-based data encryption firmGold Lockto anyone who can defeat its technology.

In October 2009 the firm offered $100,000 in gold to anyone that could provide a transcript of a cellular call that was encrypted using one of the company's products and posted on its website.

In November, the company upped the reward to $250,000 in gold, but the company claims that none of the thousands of would-be hackers who have so far responded to the challenge have succeeded. Gold Lock CEO Noam Copel is confident the prize, which also includes a job at the company, will remain unclaimed by the end of January when the contest expires.

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Encryption

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