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Re:The Day When Computers Can Break All Encryption Is Coming by QuicksilverJohn on Sunday June 09, 2019 @08:08AM (#20138692)
The problem with this method is that it requires a side channel. This is the real beauty of public key cryptography, you can negotiate a secure channel over an open channel. (*Authentication sold separately)
Re:The Day When Computers Can Break All Encryption Is Coming by rini17 on Sunday June 09, 2019 @09:08AM (#20138933)
I don't get why this argument is used so often as if it was valid. Setting up a banking account and many other things require a secure side channel anyway - physical presence :)
Re:The Day When Computers Can Break All Encryption Is Coming by brokenmachine on Monday June 10, 2019 @08:44PM (#20152216)
The last bank account I registered was done completely online, except for the physical card being mailed to me.
Re:The Day When Computers Can Break All Encryption Is Coming by Silhouette on Sunday June 09, 2019 @09:30AM (#20139062)
This is the real beauty of public key cryptography, you can negotiate a secure channel over an open channel.

You still need sufficient shared information as a starting point to authenticate the other party, so that doesn't really avoid the need for a secure side channel. In practice we often trust that the baseline of certificates that come with a new device or built into a browser are sufficient for this purpose, but there is still an attack surface there and our existing CA infrastructure and processes are not perfect.