But not catastrophic, either, if I choose to believe this message. I'm looking for Bruce Schneier's take on this. Meanwhile, here's the best analysis I've seen so far.
The RSA SecurID system is, I believe, the most widely deployed two-factor authentication system. I've worked at several companies that use it (including my current company), and many of our customers use it as well. Any practical compromise of this system would be quite a large security hole...
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