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Also, if soon after this post HaxSoft starts sending encrypted looking files X’s assumption has to be that a key has recently changed hands and would guess where to look.
Depends on the instructions delivered with the code. The instructions could detail that the encryption not start form x months/years from the date the application is recieved and in the mean time A and B communicate frequently with each other including sending other software to each other. This further removes the likelyhood of X ever finding out the which mail contained the code let alone trying to work out how to access the code.