Posts


Apr. 23, 2018

Quantum Blockchains Could Act Like Time Machines

Quantum Blockchains Could Act Like Time Machines

Superposition lets one qubit perform two calculations at once, and if two qubits are linked through a quantum effect known as entanglement, they can help perform 2^2 or four calculations simultaneously; three qubits, 2^3 or eight calculations; and so on. In principle, a quantum computer with 300 qubits could perform more calculations in an instant than there are atoms in the visible universe. A powerful enough quantum computer could successfully break conventional cryptography, including that protecting blockchains.

Apr. 23, 2018

Cryptomining Campaign Returns Coal and Not Diamond

Cryptomining Campaign Returns Coal and Not Diamond

Soon after a launch of a new cryptocurrency, Bitvote, in January, Talos discovered a new mining campaign affecting systems in India, Indonesia, Vietnam and several other countries that was tied to Bitvote.

Source: talosintelligence.com

Apr. 23, 2018

Cryptocurrencies Were Never Good for Anybody But the Rich

Cryptocurrencies Were Never Good for Anybody But the Rich

The value of cryptocurrencies across the board skyrocketed last year due to speculative investing, and it feels as though early attempts to position digital money as a populist and democratic alternative to traditional finance are falling apart at the seams. But cryptocurrency has always been about the rich getting richer.

Source: vice.com

Apr. 23, 2018

Yahoo mega-breach hacker faces nearly 8 years in prison

Yahoo mega-breach hacker faces nearly 8 years in prison

On Tuesday, Department of Justice (DOJ) prosecutors asked a San Francisco federal court judge to impose that sentence on Karim Baratov, a Canadian citizen born in Kazakhstan who was indicted in March 2017 for working with two officers of the Russian Federal Security Service (FSB) -that’s Russia’s successor to the KGB – to pull off the historic Yahoo breach.

Source: sophos.com

Apr. 23, 2018

The US Navy Wants Undersea Gas Stations for Underwater Drones

The US Navy Wants Undersea Gas Stations for Underwater Drones

A California company is working on an underwater refueling station that can top off the fuel cells of undersea surveillance drones, allowing the vehicles to venture farther and work longer.

Source: vice.com

Apr. 23, 2018

How China Is Buying Its Way into Europe

How China Is Buying Its Way into Europe

For more than a decade, Chinese political and corporate leaders have been scouring the globe with seemingly bottomless walletsin hand. From Asia to Africa, the U.S. and Latin America, the results are hard to ignore as China has asserted itself as an emerging world power. Less well known is China’s diffuse but expanding footprint in Europe.

Source: bloomberg.com

Apr. 23, 2018

Energetic Bear/Crouching Yeti: attacks on servers

Energetic Bear/Crouching Yeti: attacks on servers

Energetic Bear/Crouching Yeti is a widely known APT group active since at least 2010. The group tends to attack different companies with a strong focus on the energy and industrial sectors. Companies attacked by Energetic Bear/Crouching Yeti are geographically distributed worldwide with a more obvious concentration in Europe and the US.

In 2016-2017, the number of attacks on companies in Turkey increased significantly.

Source: securelist.com

Apr. 23, 2018

One year after ICO mania, these big-money projects are delivering

One year after ICO mania, these big-money projects are delivering

And there’s been a lot of concern that, after their huge ICO fundraises and with no contractual obligation to deliver a product, founders would have little incentive to stick around and do the hard work. But we’re now one year in, and it’s heartening to see that real, meaningful products are shipping.

Source: venturebeat.com

Apr. 23, 2018

The Web of Profit: A look at the cybercrime economy

The Web of Profit: A look at the cybercrime economy

Last April, I started a conversation with cybersecurity company Bromium. The company was keen to uncover where the streams of revenue generated by cybercrime eventually go and whether this money is ultimately supporting other areas of crime. Over the past 10 months, I have been examining this question, and I must say there have been some eyebrow-raising findings.

Source: venturebeat.com

Apr. 23, 2018

Google’s Project Zero exposes unpatched Windows 10 lockdown bypass

Google’s Project Zero exposes unpatched Windows 10 lockdown bypass

The newly disclosed bypass is a medium-severity issue that affects Windows 10 S or any Windows 10 machine with user mode code integrity (UMCI) enabled, such as enterprise Windows 10 PCs configured with Microsoft’s virtual container known as Device Guard.

Source: zdnet.com

Apr. 22, 2018

Bitcoin Mining May Be Even Less Economically Viable Than We Thought

Bitcoin Mining May Be Even Less Economically Viable Than We Thought

New Morgan Stanley analysis reckons that Bitcoin, currently a little over $8,300, needs to clear $8,600 in order for mining to be profitable.

Source: fortune.com

Apr. 22, 2018

FDA Wants Medical Devices to Have Mandatory Built-In Update Mechanisms

FDA Wants Medical Devices to Have Mandatory Built-In Update Mechanisms

An FDA document released this week reveals several of the FDA’s plans, including the desire to force device makers to include mandatory update systems inside products for the purpose of delivering critical security patches.

Source: bleepingcomputer.com

Apr. 22, 2018

FTC Puts Uber on a Short Leash for Security Breaches

FTC Puts Uber on a Short Leash for Security Breaches

Last week, Uber and the FTC finally settled on a revised consent agreement that now covers both the 2014 and 2016 breaches. The new agreement includes even more comprehensive security and privacy risk assessments, covering the security of Uber’s software development environment and use of the bug bounty.

Source: ieee.org

Apr. 22, 2018

Why a Cryptocurrency Mining Giant Is Burning Money in a ‘Black Hole’

Why a Cryptocurrency Mining Giant Is Burning Money in a ‘Black Hole’

Coin burning, if you’re not familiar, is a well-trod path to inflating the value of a cryptocurrency with a fixed supply, like Bitcoin Cash. The value of coins with a fixed supply is based on increasing demand and steadily decreasing supply. If you can accelerate the diminishment of available coin stock, then theoretically that should increase demand for the remaining supply and, in turn, the coin’s value.

Apr. 22, 2018

Insecure RSA Conference app leaked attendee data

Insecure RSA Conference app leaked attendee data

A mobile application built by a third party for the RSA security conference in San Francisco this week was found to have a few security issues of its own—including hard-coded security keys and passwords that allowed a researcher to extract the conference’s attendee list. The conference organizers acknowledged the vulnerability on Twitter, but they say that only the first and last names of 114 attendees were exposed.

Apr. 22, 2018

Teen Who Hacked Ex-CIA Director John Brennan Gets Sentenced to 2 Years of Prison

Teen Who Hacked Ex-CIA Director John Brennan Gets Sentenced to 2 Years of Prison

Gamble was arrested in February of 2016 and he pleaded guilty to ten hacking charges in October of last year. Now 18 years old, he was finally sentenced on Friday afternoon local time in the Old Bailey, the central criminal court in London after his first sentencing hearing in January was postponed. The judge ruled that he will have to spend two years at a youth detention center, according to reports from the court.

Apr. 22, 2018

Explore the Hidden Art on the Bitcoin Blockchain in ‘Message From the Mines’

Explore the Hidden Art on the Bitcoin Blockchain in ‘Message From the Mines’

The Bitcoin blockchain now consists of over 500,000 such blocks and a new one is added roughly every ten minutes. Most of these blocks contain data related to sending and receiving Bitcoin, but the blockchain also contains its fair share of short messages—like the one Nakamoto put in the first-ever block of data—photos, and even artworks hidden among the data if you know where to look and how to extract them.

Apr. 22, 2018

The taxman matches Bitcoin transactions and bank transfers to identify people

The taxman matches Bitcoin transactions and bank transfers to identify people

All of the transaction data for Bitcoin and other cryptocurrencies are stored in a public ledger known as Blockchains. The tax office has been admitted generous access to bank transfers and other data, which enables identifying people. By matching the transfers it is evident that in the past most citizens have not reported profits made with virtual currencies.

Source: metropolitan.fi

Apr. 22, 2018

Government accidentally sends file on “remote mind control” to journalist

Government accidentally sends file on “remote mind control” to journalist

The federal government has absolutely experimented with mind control in a variety of methods, but the documents here do not appear to be official. Waltman had no idea why these documents were included in his request and isn’t sure why the government is holding them. The WSFC did not respond to requests for more information.

Source: boingboing.net

Apr. 19, 2018

Palantir Knows Everything About You

Palantir Knows Everything About You

Peter Thiel’s data-mining company is using War on Terror tools to track American citizens. The scary thing? Palantir is desperate for new customers.

Source: bloomberg.com