[107581] in Cypherpunks
Intel sets encryption plan
daemon@ATHENA.MIT.EDU (Live & Loud)
Mon Jan 18 15:36:48 1999
Date: Mon, 18 Jan 1999 18:17:37 -0200
From: "Live & Loud" <sandro@pop.hsbcbamerindus.com.br>
To: cypherpunks@toad.com
Reply-To: "Live & Loud" <sandro@pop.hsbcbamerindus.com.br>
Hmmm..., a chip using a unknow algorithm, it looks like a back door....
What do you think ?
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http://cnnfn.com/digitaljam/9901/18/intel/
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Intel sets encryption plan
Company to build encryption
capabilities into future computer
chips
January 18, 1999: 1:26 p.m. ET
NEW YORK (CNNfn) - Intel Corp. said
Monday it is working on new
technologies that will allow it to build
encryption capabilities into its computer
chips.
The Santa Clara, Calif.-based
chipmaker will work with RSA Data
Security Inc. to provide a common set
of hardware and software security
resources that will be available later this
year.
Encryption scrambles data to protect
sensitive information from
eavesdroppers. Encryption technology
directly built into computer chips will
accelerate the data-scrambling process
and make it easier for people to encrypt
sensitive data in e-mail and Web-based
transactions, which frequently contain
credit-card information.
"We're entering an age where
e-commerce transactions will be
conducted on a global network
consisting of a billion connected PCs
and hundreds of millions of servers.
These transactions must be secure,"
said Michael Glancy, general manager,
Intel (INTC) Platform Security division.
"Products from Intel and RSA that
incorporate these new security
technologies will help ensure that the
development of secure applications
continues at a rapid pace."
The U.S. Department of Commerce,
under regulations proposed by the
Clinton administration, recently relaxed
rules to allow export of 56-bit
encryption software, but it specifically
excluded chips from the new rules.
The government has placed
restrictions on the export of encryption
technology because of fears the
technology might be used by terrorists
or drug traffickers.
Intel is expected to discuss
encryption and other issues at an
industry conference that begins
Monday in San Jose, Calif. Compaq
Computer Corp. (CPQ), the top
personal-computer maker, also may
discuss building encryption features
into future machines, according to the
Wall Street Journal.
RSA is a subsidiary of Security
Dynamics Technologies Inc. (SDTI), a
supplier of security software.
Intel shares finished 1-5/8 higher at
135-3/8 Friday. Security Dynamics rose
2 to 27-1/2, while Compaq climbed
2-1/16 at 46-5/8.
