Today, NIST announced that they have selected the "Keccak" algorithm to be the new SHA-3 cryptographic hash algorithm.
Interestingly, Bruce Schneier, one of the SHA-3 contest finalists, recently wrote that he didn't think NIST should select any of the candidates.
For anyone that doesn't know what a cryptographic hash algorithm is, here is the Wikipedia page that hopefully offers an understandable explanation.
In short, they're pretty important to computer security.
Steve Endow is a Dynamics GP Certified Trainer and Dynamics GP Certified IT Professional in Los Angeles. He is also the owner of Precipio Services, which provides Dynamics GP integrations, customizations, and automation solutions.