A Hungarian company is trying to capitalize on fears of big government spy programs by promising NSA-proof data storage, and challenging anyone to break inside their systems or website. But some experts say tech firm Tresorit’s $25,000 “hacker challenge” is just a public relations gambit that doesn’t prove much.
The firm, founded in 2011 by graduates of the Budapest University of Technology and Economics, says it offers secure cloud data and client-encrypted data. That means that it gives encryption keys to clients who want to store files and other kinds of data so customers do the encryption rather than trusting the firm itself to protect it, says Tresorit spokesman Szabolcs Nagy. Those keys can then be shared with others.