Researchers demo "unbreakable encryption" based on quantum cryptography

Call us devilish, but we just can't help but love these types of stories. Here we have yet another overly confident group of researchers grossly underestimating the collective power of the hacking underground, as gurus from all across Europe have joined together to announce "the first commercial communication network using unbreakable encryption based on quantum cryptography." Interestingly enough, quantum cryptography has already been cracked in a kinda-sorta way, but that's not stopping these folks from pushing this claim hard to government agencies, financial institutions and companies with distributed subsidiaries. We've no doubt this stuff is pretty secure, but the last time we heard someone utter a claim similar to this, we saw him uncomfortably chowing down on those very words merely months later.

[Via Physorg]