Thursday, 14 December 2017

Connected Rental Cars Leak Personal Driver Data - Infosecurity Magazine

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Your name and navigation history is valuable personal information. The UK Metropolitan Polices’ 'Digital Control Strategy' identifies infotainment systems in cars, which store this information, as a new forensic opportunity.

From Connected Rental Cars Leak Personal Driver Data - Infosecurity Magazine

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Wednesday, 13 December 2017

Food app calls off ICO after SEC declares its tokens are unregistered securities

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Munchee, a San Francisco-based company, had told investors that they were buying a “utility” token, because the digital coin could be used within the app to buy goods and services at a later stage.

In a whitepaper, Munchee had also told investors that the token “does not pose a significant risk of implicating federal securities laws.”

But the SEC said that the company led investors to believe that the value of tokens would increase and be traded on secondary markets — thereby classifying them as securities, which must be registered with the regulator.

From Food app calls off ICO after SEC declares its tokens are unregistered securities

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Monday, 11 December 2017

Discover announces that it will do away with signatures by April 2018

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"Discover has become the latest credit card company to get rid of signatures as a means of verifying a cardholder’s identity… it’s becoming increasingly rare for consumers actually sign real letters when signing at check-outs"

From "Discover announces that it will do away with signatures by April 2018".

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To be honest I think I’ll miss signing for purchases in America.

Money 2020 Signature

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Bitcoin tells us nothing about the long term

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"Technology is changing every industry and it is impossible for me to believe it won’t change our financial system. That’s particularly true because our current system—while stable—is imperfect. Cryptocurrencies can be more secure and more efficient to exchange. They can be inflation-proof and are easier to settle and easier to interoperate. "

From "Start Up: China’s LinkedIn friends, notching Huawei?, gender pay improbability, bitcoin redux, and more | The Overspill: when there's more that I want to say".

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"While certainly a disruptive idea, evolving our current financial system to take advantage of cryptocurrencies is not a crazy one."

From "Start Up: China’s LinkedIn friends, notching Huawei?, gender pay improbability, bitcoin redux, and more | The Overspill: when there's more that I want to say".

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Sunday, 10 December 2017

POST Banks and digital IDs again

In CapGemini’s “Top 10 Trends in Retail Banking 2018”, they highlight "banks leveraging digital IDs beyond authentication” as the third most important trend.

On Fascism, Identity, Cryptoassets and the Future of Censorship

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"Bloomberg estimates only 1,000 individuals own 40% of available bitcoin, while the majority of bitcoin creation (mining) itself is also a tight-knit oligopoly."

From "On Fascism, Identity, Cryptoassets and the Future of Censorship".

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POSY Quantum

I saw a fascinating presentation by Ursula Schilling on Infineon on “Securing the Quantum Computer World” in which said was talking about the need to develop cryptography that will be resistant to attacks from quantum computers. It’s a live topic, because if the figures she presented are approximately correct and there will be quantum computers capable of making practical attacks on RSA/ECC with 15-20 years, that means that information currently being secure using asymmetric cryptography (eg, Bitcoin) is essentially being put into the public domain!