On September 19, in a conference room at the Pelican Hill Resort in Newport Beach, California, Crown Sterling CEO Robert Grant, COO Joseph Hopkins, and a pair of programmers staged a demonstration of Grant’s claimed cryptography-cracking algorithm. Before an audience that a Crown Sterling spokesperson described as “approximately 100 academics and business professionals,” Grant and Hopkins had their minions generate two pairs of 256-bit RSA encryption keys and then derive the prime numbers used to generate them from the public key in about 50 seconds.
In a phone interview with Ars Technica today, Grant said the video was filmed during a “business session” at the event. The “academic” presentation, which went into math behind his claims and a new paper yet to be published, was attended by “mostly people from local colleges,” Hopkins said. Grant said that he didn’t know who attended both sessions, and the CEO added that he didn’t have access to the invitation list.
During the presentation, Grant called out to Chris Novak, the global director of Verizon Enterprise Solutions’ Threat Research Advisory Center, naming him as a member of Crown Sterling’s advisory board. The shout-out was during introductory remarks that Grant made about a survey of chief information security officers that the company had conducted. The survey found only 3% had an understanding of the fundamental math behind encryption.