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This, and also:

- Infineon and ROCA. We know the code audits the industry does are superficial and do not catch the worst bugs. That code would've been a big red flag for real cryptographers, and it would've been quickly found had it been open source.

- Government requirements. Stuff like FIPS certification decreases security by increasing bureaucracy and complexity. See vulnerabilities affecting only the YubiKey FIPS for an example. These certifications hold the industry back by mandating compliance with large suites of algorithms, forbidding newer, better cryptography, and stuff like that.

- The general culture of that industry. They sell security, and they are all about audits. Those audits are about ticking boxes. They do not measure good design, overall defense in depth, or anything like that. They are bullet point lists of security features and specific attack models. Interesting attacks use novel approaches, and those audits are completely worthless at determining whether a system is likely to be designed in a way to be robust against new attacks or not.



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