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EMC's RSA Security System Compromised and Broken Into

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#1 Papakid


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Posted 18 March 2011 - 12:09 AM


EMC didn't offer clues about the suspected origin of the attack. It said it recently discovered an "extremely sophisticated" attack in progress against its networks and discovered that the infiltrators had made off with confidential data on RSA's SecurID products. The technology underpins the ubiquitous RSA-branded keychain "dongles" and other products that blanket important computer networks with an additional layer of protection.

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#2 Union_Thug


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Posted 18 March 2011 - 04:21 AM

EMC said it doesn't expect the breach to have a meaningful impact on its financial results.

EMC's stock [EMC] was down 1.25 percent in after-hours trading following the news. In a regulatory filing, EMC said it "does not believe that the matter described in the letter and note will have a material impact on its financial results." http://www.pcworld.com/businesscenter/article/222522/rsa_warns_securid_customers_after_company_is_hacked.html

WHEW! That's a relief! As long as it doesn't affect (effect?) the stockholders or bottom-line, all's Okie-Dokie, no? (Insert sarcasm emoticon HERE)


Despite the lack of detail, several computer security specialists said the breach could pose a real threat to companies and government agencies who rely on the technology.

One possibility, said Whitfield Diffie, a computer security specialist who was an inventor of cryptographic systems now widely used in electronic commerce, is that a "master key" — a large secret number used as part of the encryption algorithm — might have been stolen.

The worst case, he said, would be that the intruder could produce cards that duplicate the ones supplied by RSA, making it possible to gain access to corporate networks and computer systems. Mr. Diffie is vice president for information security and cryptography at the Internet Corporation for Assigned Names and Numbers.

Open Letter to RSA Customers http://www.rsa.com/node.aspx?id=3872

Edited by Union_Thug, 18 March 2011 - 05:45 AM.

#3 Layback Bear

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Posted 24 March 2011 - 12:47 PM

The share holders seem to thing their is a meaningful impact.

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