Lifeboat Foundation

“The individuals who do these types of attacks are well aware of the pressure points and pain points, economic-wise,” says Dr. John Hale, a cybersecurity expert at the University of Tulsa. “They know what they can extract, how much they can extract.

“They prey upon two things: an organization’s reliance on information systems and two, the common situation, where an organization is a little bit behind on backup procedures and policies to prevent these types of things. It really is easy pickings for the bad guys.”

Crypto ransomware is designed to encrypt data stored on the computer, making the data useless unless the user obtains the key to decrypt it. A message details the ransom, which is typically paid in digital currencies such as bitcoin. Locker ransomware locks the computer or device’s interface — save for the ability to interact with the hacker — and demands money to restore it.

Continue reading “Ransomware: the digital plague infecting the world” »

Steve Forbes sits across Brian Singer, a partner at William Blair, as Blair explains the potential of blockhain encryption to empower individuals. He also explains why credit card companies are beginning to embrace a technology that undermines their high fees.

https://youtu.be/CecpCepnkAU

I am glad that D. Whyte recognizes “If quantum computers are developed faster than anticipated, certification would mandate insecure modules, given the time to approve and implement new quantum resistant algorithms. Worse, it is conceivable that data encrypted by a certified module is more vulnerable than data encrypted by a non-certified module that has the option of using a quantum-safe encryption algorithm.”

Because many of us who are researching and developing in this space have seen the development pace accelerated this year and what was looking like we’re 10 years away is now looking like we’re less than 7 years.

Dr. William Whyte, Chief Scientist for Security Innovation, a cybersecurity provider and leader in the 2015 Gartner Magic Quadrant for Security Awareness Training, will be presenting at the Fourth International Cryptographic Module Conference in Ottawa, Ontario.

Privacy is practically a joke anymore.

A hacker known as “Peace” is selling what is reportedly account information from 117 million LinkedIn users. The stolen data is said to include email addresses and passwords, which a malicious party could use to gain access to other websites and accounts for which people used the same password.

LinkedIn says it has about 433 million members worldwide, so this data could represent 27% of its user base.

Continue reading “A hacker is reportedly selling the stolen emails and passwords of 117 million LinkedIn users” »

Making Holographic Apps more secured and efficient.

Since its birth, holograms have been extensively used to serve security systems and related purposes. The making of a hologram, dissecting it to pieces and again rejoining the blocks involves a steady orientation of lenses which encodes the information with depth perception that could be deciphered later according to requirement.

It’s hard to imagine a 21st century city running smooth without an immense use of holograms, small or big sized 2D cards with 3D engraved pictures that are present in credit cards, grocery objects, books, biomedical devices and in other objects requiring retrievable information to be stored.

Continue reading “Nanotechnology To Make Holographic Applications More Secure And Efficient” »

The question breaks down into two parts:

1. For what public benefit? —and—
2. No, it cannot be achieved in this way

Governments are in the business of regulating certain activities—hopefully in an effort to serve the public good. In the case of business methods and activities, their goal is to maintain an orderly marketplace; one that is fair, safe and conducive to economic growth.

But regulation that lacks a clear purpose or a reasonable detection and enforcement mechanism is folly. Such regulation risks making government seem arbitrary, punitive or ineffective.

«— This is money. It is not a promissory note, a metaphor, an analogy or an abstract representation of money in some account. It is the money itself. Unlike your national currency, it does not require an underlying asset or redemption guarantee.

Continue reading “Can Bitcoin be defeated by legislation?” »

Here in the Lifeboat Blog, I have the luxury of pontificating on existential, scientific and technical topics that beg for an audience—and sometimes—a pithy opinion. Regular Lifeboat readers know that I was recently named most viewed Bitcoin writer at Quora under a Nom de Plume.

Quora is not a typical Blog. It is an educational site. Questions and numerous answers form the basis of a crowd-sourced popularity contest. Readers can direct questions to specific experts or armchair analysts. A voting algorithm leads to the emergence of some very knowledgeable answers, even among laypersons and ‘armchair’ experts.

During the past few weeks, Quora readers asked me a litany of queries about Bitcoin and the blockchain, and so I am sharing selected Q&A here at Lifeboat. This is my professional field—and so, just as with Mr. Trump, I must resist an urge to be verbose or bombastic. My answers are not the shortest, but they are compact. Some employ metaphors, but they explain complex ideas across a broad audience.

Continue reading “Bitcoin Pundicy: A Lifeboat Perspective” »

If aliens sent you an encrypted binary message, could you answer? René Heller, an astrophysicist at the Max Planck Institute for Solar System Research, wants to hear from you.

Last month, Heller posed a hypothetical question as part of the #SETIDecryptChallenge: “Suppose a telescope on Earth receives a series of pulses from a fixed, unresolved source beyond the solar system,” he wrote. “It turns out the pulses carry a message.”

The encrypted message is a vast sea of 0’s and 1’s. You can see it here, but here’s a GIF for your convenience.

Continue reading “This Astrophysicist Posed an Alien Challenge and the Internet Is Racing to Solve It” »

My verdict will continue to be out on this version. Unless we truly see a QC environment where the full testing of Cryptography, infrastructure, etc. is tested then at best we’re only looking at a pseudo version of QC. Real QC is reached when the infrastructure fully can take advantage of QC not just one server or one platform means we have arrived on QC. So, I caution folks from over-hyping things because the backlash will be extremely costly and detrimental to many.

IBM has taken its quantum computing technology to the cloud to enable users to run experiments on an IBM quantum processor.

Big Blue has come a long way, baby. IBM announced it is making quantum computing available on the IBM Cloud to accelerate innovation in the field and find new applications for the technology.

Continue reading “IBM Brings Quantum Computing to the Masses” »