AntiBreach to Sell Its Landmark Invention in Public-Key Cryptography at the Ocean Tomo Live IP Auction in Chicago on October 25, 2007.CHICAGO -- AntiBreach today announced the sale of Lot 32, comprised of U.S. Patent 7,088,821 relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc a ground-breaking public key encryption See public key cryptography. methodology. The Lot will be offered at The Ocean Tomo Fall 2007 Live IP Auction on October 25th at the Palmer House This article is about the hotel in Chicago. For the Sauk Centre hotel, see The Palmer House (Sauk Centre). For Potter Palmer's mansion, see Palmer Mansion The Palmer House Hilton is a famous and historic hotel in downtown Chicago. Hilton in Chicago. The invention, titled "Absolute Public Key Cryptography An encryption method that uses a two-part key: a public key and a private key. To send an encrypted message to someone, you use the recipient's public key, which can be sent to you via regular e-mail or made available on any public Web site or venue. (APKC APKC All Petz Kennelz and Cattery ) Surviving Private Key Compromise", is a landmark in cryptography and information security. APKC protects customer information and corporate secrets not only from outsiders but also from insiders, saving billions of dollars lost by business enterprises to hackers every year. The encryption provides breach-proof security to online businesses in protecting their online buyers' confidential information Noun 1. confidential information - an indication of potential opportunity; "he got a tip on the stock market"; "a good lead for a job" steer, tip, wind, hint, lead such as credit card details, authentication credentials, etc., from intercepting hackers and eavesdroppers at intermediary IP routers on the Internet. Today, the existing cryptosystems in the market do protect confidential information from preying eyes on the Internet, but only as long as the private key is kept strictly confidential by insiders. APKC defeats such trust breaching attacks from dishonest insiders by making the information leaked to outsiders useless through its blinding and double-routing techniques. Another threat to online businesses is insider theft of confidential customer information crucial to business. Recent reports of the leading research institutes on information security incidents reveal that around 85% of them originate from within the company resulting from insiders stealing customer data such as account details, credit card numbers, passwords, etc. APKC defeats such internal attacks also by blind-encrypting the data into two ciphers and storing them in two different databases that are administered by two DBAs. The patented IP has tremendous market potential and is of great value to the following IT segments: * Web and Database Security Software Developers * Internet and Email Service See Internet e-mail service. providers * Credit Card Companies and Payment Processors * Online Retailers and Financial Institutions * Telecommunications Companies * Business Process Outsourcing Business process outsourcing (BPO) is the contracting of a specific business task, such as payroll, to a third-party service provider. Usually, BPO is implemented as a cost-saving measure for tasks that a company requires but does not depend upon to maintain its position in Companies Minimum expected value Expected value The weighted average of a probability distribution. Also known as the mean value. for Lot 32 is set to as low as $300,000. For more information on Lot 32 or to register to bid or attend the Ocean Tomo Fall 2007 Live IP Auction, please call 312.377.4851, email auctions@oceantomo.com or visit www.OceanTomoAuctions.com. About AntiBreach: AntiBreach is a pioneering company in information security that has added a new dimension to securing confidential information with its research and intellectual power. AntiBreachKeys, AntiBreachEn and AntiBreachDB are among the company's products portfolio launched to secure valuable information either moving across the Internet or residing inside the database. For more details of the IP and its patent please visit the website www.antibreach.com. |
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