1 Million Dollar Prize

A professor at Harvard released a statement today that he has rated a new security format which is "Absolutely Unbreakable" in his opinion. And permanent privacy is putting it's money where it's clout is, 1,000,000.00 dollars to the first person who is able to crack the code of Permanent Privacy. The platform is based on 256 AES encryption method for the core data, and a more sinister trick for those trying to crack it. Essentially, prior to encrypting the email- you convert the text of the email into a series of non-sequential, non-repeating letters and numbers based upon a key you provide. You then contact the person you are contacting directly and provide them with the key to decrypt the data. You THEN use AES to encrypt the data, so if anyone is able to decrypt the AES cyphertext, they will have no idea of the next text to decrypt.

From the director of Permanent Privacy:"You can now send emails and store data with 100 per cent security. Even the Pentagon cannot read your secrets if they do not have the keys."

I give it two months before the code is cracked and some geek is one million dollars richer.

For more details on the contest:Go Here
You have to purchase a copy of the program to enter, which seems a little crappy to me- If you want to know how to improve your project you don't charge people to look at it.