Report: NSA investing billions to crack Internet encryption

The encryption and security technology used by global banking firms, hospitals and corporations to protect their data is no match for U.S. intelligence, according to documents that say the National Security Agency has successfully breached even the most advanced safeguards. According to a joint reporting effort by ProPublica, The New York Times and The Guardian, since 2000, the NSA has invested billions into undermining Internet security technology by embedding vulnerabilities into emerging standards, among other things.

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