RIYADH, 27 August 2006 — An Indian expatriate, currently working as an information technology consultant for the local Addar Group, has invented an “Advanced Encryption Algorithm”, which can help local businesses save billions of riyals, which are lost every year due to data breach and identity theft. Cheman Shaik has invented this Advanced Encryption Algorithm that will also protect Internet buyers’ credit card details and identity credentials.
Cheman has been widely felicitated in India and Saudi Arabia for this vital invention. “This invention will protect passwords, social security numbers and other data from hackers and eavesdroppers supported by internal trust breachers of e-commerce merchants,” said Cheman in an interview here. Cheman’s invention has been granted a patent from United States Patent & Trademark Organization (USPTO), an agency of US Department of Commerce, where it was rigorously reviewed and scrutinized by relevant patent examiners.
His research paper was also published and presented at the first European Conference on Computers & Network Defense held in Dec. 2005 at the University of Glamorgan, UK. Cheman, who holds a masters and served as a scientist at the prestigious Indian Space Research Organization (ISRO), has now an ambition to make his invention useful for every stake holder in information security sector throughout the world.
Referring to the relevance of his invention, this IT expert said that “the Advanced Encryption Algorithm is now a real system to save billions of dollars lost to hackers and fraudsters every year.”
According to an FBI report, the total losses incurred by business enterprises in the US alone exceed $50 billion annually due to data breach and identity theft. In light of the above fact, this invention will be seen as a landmark in cryptography and information security, fortifying enterprise businesses against identity thieves and hackers.
“The same technique applied to database encryption will help government agencies counteract breach and compromise attempts on their highly sensitive data by outsiders supported by internal dishonest elements secretly leaking information,” said Cheman, whose algorithm is advanced and will be highly sought after due to its continued protection of information even after the private key is compromised by hackers with the help of trust breachers from within the company.
Cheman calls his encryption method “Absolute Public Key Cryptography.” The above security essential is seriously lacking in the encryption techniques presently available in the market. In terms of comparative performance, Cheman emphasizes that his encryption is “astronomically stronger.”
“If some of the existing algorithms take a year to break on an infrastructure of several parallel gigantic supercomputers, my encryption will take several trillion years in most cases on the same infrastructure,” he said.
