Algebraic Eraser, the algorithm running the 'Internet of Things' is broken...again

Everything from baby monitors to smart TVs and vehicles have been found to rely on security measures that have been found to wholly inadequate and now a team of mathematicians were able to break a key used as part of the encryption system that secures many of the most critical IoT technologies internationally. The Algebraic Eraser, owned by the Connecticut-based company SecureRF, is a widely used encryption solution for IoT devices that have minimal computing capacity. This includes RFID tags, mobile payment devices, and micro controllers. The system is also a fundamental component of ISO/IEC AWI 29167-20, a specification proposed by the International Organization for Standardization to secure air interface communications devices like wireless sensors and embedded systems. The research team, consisting of Simon Blackburn, a mathematics professor Royal Holloway University of London and Bar-Ilan University mathematicians Adi Ben-Zvi and Boaz Tsaban published research showing how they were able to break the security key provided to them by SecureRF, owner of the Algebraic Eraser trademark.