Codebreaker

Diginotar is now Digi-no-more

John Moe Sep 21, 2011

Diginotar shuts down. That’s fast. Diginotar is one of the companies authorized to issue digital certificates for secured transactions on the web. So if you do some online banking, the certificate is there to verify that it’s really the bank you’re talking to. It was a little over four weeks ago that people noticed that somebody had faked security certificates from the company. We talked about it a couple times on our show.

According to the BBC:

“DigiNotar’s parent company Vasco Data Security said the firm had been put into voluntary bankruptcy. A trustee for the business has been appointed who will oversee the winding up of DigiNotar.”

Over on the Naked Security blog, Graham Cluley simply writes, “there aren’t many who will be mourning its loss.” The company disclosed the security breach on July 19, but they knew about it weeks before.

Hey Diginotar: you had ONE JOB. ONE!

Marketplace is on a mission.

We believe Main Street matters as much as Wall Street, economic news is made relevant and real through human stories, and a touch of humor helps enliven topics you might typically find…well, dull.

Through the signature style that only Marketplace can deliver, we’re on a mission to raise the economic intelligence of the country—but we don’t do it alone. We count on listeners and readers like you to keep this public service free and accessible to all. Will you become a partner in our mission today?

Your donation is critical to the future of public service journalism. Support our work today – for as little as $5 – and help us keep making people smarter.