This is the information I've been waiting for - NIST is going to have a competion for a new secure hashing standard. For a year or so there has been information that the SHA-1 hash has been 'broken', I have been waiting for Bruce Schneier's take on the issue:

The hash function you're most likely to use routinely is SHA-1. Invented by the National Security Agency, it's been around since 1995. Recently, though, there have been some pretty impressive cryptanalytic attacks against the algorithm. The best attack is barely on the edge of feasibility, and not effective against all applications of SHA-1. But there's an old saying inside the NSA: "Attacks always get better; they never get worse." It's past time to abandon SHA-1.

You can read the rest of his essay from Wired here at his blog.