A ringing endorsement from Crypto-GRAM:
The best technical description [of Palladium] is the summary of a meeting with Microsoft engineers by Seth Schoen of the EFF.
Contrary to popular belief, this entry is not just an excuse to point out that I too have had something I wrote mentioned in Crypto-GRAM. It's also an excuse to quote this step from Schneier's PGP attack:
4. Eve somehow convinces Bob to send her the gibberish plaintext.
Eve is a freaking criminal mastermind.

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