Permanent Privacy - Snake Oil or unbreakable encryption?

[Victor Duchovni]

On Mon, Jul 07, 2008 at 07:54:46AM -0700, Ali, Saqib wrote:

> "PermanentPrivacy announces the world's first practical data
> encryption system that is absolutely unbreakable. And is offering a
> $1,000,000 challenge to anyone who can crack it.

This reads like snake oil.

> http://www.foxbusiness.com/story/hackers-hell-privacy-compromised/

This reads like a pump'n'dump stock scam.

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