Bitcoin has appeal as an unregulated medium of exchange and value. But, its days as an efficient funding source for illegal activities are coming to an end.
Latest from Michael Krigsman
Update 3/7/08 7:45pm EST: CNET news reports MobiTV has withdrawn the threats, backpeddled on its original legal intentions, and is fixing the security problems. What were those guys smoking in starting all this nonsense?
Security expert David Litchfield analyzed data breaches during 2007 and came up with interesting results:Word documents and spreadsheets mistakenly left on a web server or indexed by a search engine account for 20.6% of the 276 breaches, both physical and digital, recorded up to the 23rd of October.
HSBC, the UK's largest bank, lost an unencrypted data disc containing the names and insurance information of 370,000 customers. HSBC sent the disc via unregistered postal mail because its usual method of secure electronic data transmission "wasn't working."
A phishing scam targeting Twitter users is sophisticated and dangerous. Here's how to protect yourself.
In yet another unbelievable story of data irresponsibility, the Bank of New York (BNY) Mellon lost two sets of unencrypted backup tapes containing private data belonging to 4.5 million individuals. Third-party vendors misplaced the tapes during transport to off-site locations.
Failed IT projects happen all the time, often to the amazement of participants who think they're somehow immune to IT problems. In my experience, most failures are caused by short-sightedness, complexity on both business and technical sides, and poor management. Anyhow, there are certain steps a project leader can take to reduce the likelihood of failure.Here's a list of 8 tips to prevent your IT project from going down the tubes.
The Department of Homeland Security (DHS) virtual fence project, being built by Boeing, has failed an initial set of tests, according to the Associated Press:Because of a software glitch, the first high-tech "virtual fence" on the nation's borders remains inoperable, three months after its scheduled debut."The integration of all the systems into a common operating picture continues to be the challenge," said Homeland Security spokesman Russ Knocke.
Following its $30 billion virtual fence debacle, the Department of Homeland Security (DHS) has disclosed another failed IT-related project, this one costing $42 million. DHS has suspended, and will likely cancel, a massive data-mining initiative on grounds that it violated privacy standards.
This is bizarre, and suggests some sort of additional, underlying problem that has not been disclosed.According to finextra:Online broker TD Ameritrade says an internal investigation into stock-related spam uncovered 'unauthorised code' in its computer systems that allowed illegal access to an internal database.