Apologies is this is actually answered in the whitepaper, I'm not going to get chance to read it for a few days due to a hectic schedule, but I am already fielding questions from non-techies reading non-technical media news stories making them believe that we should unplug everything and go back to trading gold.

What I understand (and please correct me if I'm wrong) is that this essentially allows attackers to set up a MITM attack by forcing a new handshake between devices (yes, that's dumbed down), and that this is a flaw in the basic implementation of the encryption protocol, so it will require a firmware update to fix (yay for helping elderly family and neighbours update the firmware on their routers).

I don't see how this would also invalidate the encryption used as part of TLS, but I'm far from an expert on this.

Apologies if this is already answered in the whitepaper, I'm not going to get chance to read it for a few days due to a hectic schedule, but I am already fielding questions from non-techies reading non-technical media news stories making them believe that we should unplug everything and go back to trading gold.

What I understand (and please correct me if I'm wrong) is that this essentially allows attackers to set up a MITM attack by forcing a new handshake between devices (yes, that's dumbed down), and that this is a flaw in the basic implementation of the encryption protocol, so it will require a firmware update to fix (yay for helping elderly family and neighbours update the firmware on their routers).

I don't see how this would also invalidate the encryption used as part of TLS, but I'm far from an expert on this.