Monthly Archives: August 2013

60 U.S. military members fired in Pentagon sexual assault review

"Sixty people have been removed from jobs as military recruiters, drill instructors and victims counselors as a result of screenings ordered following a jump in the number of sexual assault in the U.S. armed forces, officials said on Friday. The Army said 55 people had been suspended from their positions since screenings ordered by Defense Secretary Chuck Hagel began last month. The Navy said it had screened more than 10,000 recruiters, drill instructors and personnel responsible for assisting sexual assault victims and had removed five people from their positions." Continue reading →

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Russian ‘mobile malware’ industry could spread to other countries

"Businesses referred to as ‘Malware HQs’ accounted for more than half the overall mobile malware detections by Lookout during the first six months of this year. Malware HQs openly recruit ‘affiliates’ that could be anyone and provide simple do-it-yourself tools to distribute viruses with tactics such as booby-trapped websites or Twitter posts. Once on smartphones, viruses fire off premium text messages behind the scenes, with HQs getting the money and sharing it with affiliates who hooked the victims. 'We’ve seen evidence that these affiliate marketers have earned between $700 a month to $12,000 a month from these scams,' Smith said." Continue reading →

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David Galland: Answers from a Monetary Master

"Mr. Bernanke will get to visit his ideal world of 2% price inflation, but it will only be a whistle stop. The price inflation that lies ahead will be at least as bad as what happened in the 1970s episode, when the annual inflation rate approached 15%. The money that's already been printed so far may be enough to produce such a 1970s-size problem. Making matters worse is that the devices for paring down the amount of cash that you need for the sake of convenience—such as credit cards, ATMs and online banks—are now far more widely available and cheaper to use than they were in the 1970s." Continue reading →

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Hacker: Sim card flaws leave ‘hundreds of millions of phones’ vulnerable to attack

"A German cryptographer says he has discovered encryption and software flaws in hundreds of millions of phones, leaving them vulnerable to attack, startling peers who had considered sim cards to be relatively safe technology. Karsten Nohl, 31, a respected hacker and specialist on phone security, said the vulnerability allowed outsiders to obtain a sim card’s digital key, a 56-digit sequence that exposes the chip to manipulation. 'What this means is that your sim card can work against you. The hacker can redirect calls, rewrite numbers, listen in on calls.' A criminal hacker, using an ordinary computer, could also commit payment fraud remotely controlling your phone." Continue reading →

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Gone in 30 seconds: New attack plucks secrets from HTTPS-protected pages

"The technique, scheduled to be demonstrated Thursday at the Black Hat security conference in Las Vegas, decodes encrypted data that online banks and e-commerce sites send in responses that are protected by the widely used transport layer security (TLS) and secure sockets layer (SSL) protocols. The attack can extract specific pieces of data, such as social security numbers, e-mail addresses, certain types of security tokens, and password-reset links. It works against all versions of TLS and SSL regardless of the encryption algorithm or cipher that's used." Continue reading →

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Bitfury 400 GH/s Bitcoin Mining Rig Hits US Shores; $19,250 For August Delivery

"With hundreds of units expected to land in Europe and the Americas this month, Bitfury products represent the most advanced chips to hit mass production and will significantly change the bitcoin mining landscape. Bitfury ASIC chips use a 55nm process and are sold running at an estimated 1.56 GH/s per chip, with demonstrated performance up to 2.7 GH/s. Although they are clocked slower than Butterfly Lab’s 4 GH/s chips, they will run 4x more efficiently at 0.8 Watts/Ghps. Power efficiency will be a deciding factor in a bitcoin miner’s longevity as profitability narrows with increasing difficulty." Continue reading →

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A Stainless Steel Bitcoin Wallet

"This project is to make your own Stainless Steel Bitcoin Wallet. You'll need a plate of stainless steel. About 3x6 inches. You'll need a DC power supply of some sort. I used a fairly large bench-top version, but you can use just about anything. It just might take longer to etch. Anywhere from a 9 volt battery (maybe) to a wall-wort, to a hacked ATX." Continue reading →

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In USSA, Journalism is a Crime

"Author and activist Barrett Brown has been behind bars for nearly 300 days without a trial. Federal prosecutors have filed a 17-count indictment on charges arising from the act of republishing material obtained by hackers from HB Gary Federal and Stratfor, two private companies that are deeply involved in national security affairs. Brown’s supposed offense was to commit journalism by republishing information about politically privileged corporation that he didn’t personally acquire, and then to condemn a federal official who was harassing and persecuting his family. That’s the kind of thing that leads to prosecution in the American Reich." Continue reading →

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Inventing Pretexts to Ignore the Fourth Amendment

"Describing these factors as a threat to 'officer safety,' the agents demanded access to the home to conduct a 'protective sweep,' during which ammunition and drugs were found. A district court denied Mongold’s motion to suppress the evidence. The US. Tenth Circuit Court of Appeals overturned the district court and suppressed the evidence, noting that the ATF agents 'could most easily have protected the officers’ safety by leaving [the] home, not by entering it.' The Tenth Circuit quite sensibly slapped down this cynical argument for a warrantless search, but it was careful to specify that its sensible ruling is not to be used as a precedent." Continue reading →

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Top 10 gold miners: cash cost reporting comes home to roost

The full absurdity of cash cost reporting for gold miners is really coming to the fore with the latest batch of quarterly and half yearly reports from the world’s leading gold mining companies. On a cash costs basis virtually all the world’s significant gold miners would appear to be profitable – most highly so, yet as we foreshadowed ahead of them on Mineweb the latest quarterly and half yearly profit figures coming out of the gold mining sector are, virtually without exception, dire. One might have been forgiven from asking in the past why reported earnings have invariably worked out as being way below the optimistic estimates suggested by cash cost reporting." Continue reading →

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