Beefing up public-key encryption
Monday, February 18, 2013 - 05:00
in Mathematics & Economics
Most financial transactions on the Internet are safeguarded by a cryptographic technique called public-key encryption. Where traditional encryption relies on a single secret key, shared by both sender and recipient, public-key encryption uses two keys that are mathematically related. One, the public key, is published on the Internet, and any sender can use it to encrypt a message; the second, the private key, is known only to the recipient and is required for decryption.