"Elcomsoft, a respected leader in the crypto community, needed to use its advanced decryption technology to uncover Intuit's undocumented and well-hidden backdoor, and to successfully perform a factorization of their 512-bit RSA key." "It is very unlikely that a casual hacker could have broken into Quicken's password protection regimen," said Vladimir Katalov, Elcomsoft's CEO. Before Elcomsoft's discovery of Intuit's backdoor, Intuit was the only organization that could unlock their customers' files. To deliver this service, Intuit uses a 512-bit RSA key known only to Intuit. (Elcomsoft did not disclose how many millions of monkeys working on millions of computers it took to factorize the 512-bit key.)Īmong other things, Elcomsoft sells password recovery software, so naturally it's hawking a product that can allegedly strip the encryption from Quicken and allow users to access files after their password has disappeared down the memory hole.Īccording to Elcomsoft: This backdoor allows Intuit to offer their own affordable service whereby Intuit will unlock a customer's file.
Elcomsoft also claims to have cracked the RSA encryption that protects the files. Here's one thing I bet the millions of Quicken users probably don't know: Intuit has a secret back door that allows it to access your password-protected financial files - or so says Elcomsoft, a security software vendor based in Moscow.Įlcomsoft claims it has discovered the heretofore undisclosed back door to Quicken files, which would allow Intuit to open the files without a customer's password.
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