Why everyone wants a computer: socializing

From Paul Graham’s “Why TV Lost” (Paul Graham: March 2009):

The somewhat more surprising force was one specific type of innovation: social applications. The average teenage kid has a pretty much infinite capacity for talking to their friends. But they can’t physically be with them all the time. When I was in high school the solution was the telephone. Now it’s social networks, multiplayer games, and various messaging applications. The way you reach them all is through a computer. Which means every teenage kid (a) wants a computer with an Internet connection, (b) has an incentive to figure out how to use it, and (c) spends countless hours in front of it.

This was the most powerful force of all. This was what made everyone want computers. Nerds got computers because they liked them. Then gamers got them to play games on. But it was connecting to other people that got everyone else: that’s what made even grandmas and 14 year old girls want computers.

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The future of TV is the Internet

From Paul Graham’s “Why TV Lost” (Paul Graham: March 2009):

About twenty years ago people noticed computers and TV were on a collision course and started to speculate about what they’d produce when they converged. We now know the answer: computers. It’s clear now that even by using the word “convergence” we were giving TV too much credit. This won’t be convergence so much as replacement. People may still watch things they call “TV shows,” but they’ll watch them mostly on computers.

Whether [TV networks] like it or not, big changes are coming, because the Internet dissolves the two cornerstones of broadcast media: synchronicity and locality. On the Internet, you don’t have to send everyone the same signal, and you don’t have to send it to them from a local source. People will watch what they want when they want it, and group themselves according to whatever shared interest they feel most strongly. Maybe their strongest shared interest will be their physical location, but I’m guessing not. Which means local TV is probably dead. It was an artifact of limitations imposed by old technology.

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Facebook & the Dunbar number

From The Economist‘s “Primates on Facebook” (26 February 2009):

Robin Dunbar, an anthropologist who now works at Oxford University, concluded that the cognitive power of the brain limits the size of the social network that an individual of any given species can develop. Extrapolating from the brain sizes and social networks of apes, Dr Dunbar suggested that the size of the human brain allows stable networks of about 148. Rounded to 150, this has become famous as “the Dunbar number”.

Many institutions, from neolithic villages to the maniples of the Roman army, seem to be organised around the Dunbar number. Because everybody knows everybody else, such groups can run with a minimum of bureaucracy. But that does not prove Dr Dunbar’s hypothesis is correct, and other anthropologists, such as Russell Bernard and Peter Killworth, have come up with estimates of almost double the Dunbar number for the upper limit of human groups. Moreover, sociologists also distinguish between a person’s wider network, as described by the Dunbar number or something similar, and his social “core”. Peter Marsden, of Harvard University, found that Americans, even if they socialise a lot, tend to have only a handful of individuals with whom they “can discuss important matters”. A subsequent study found, to widespread concern, that this number is on a downward trend.

The rise of online social networks, with their troves of data, might shed some light on these matters. So The Economist asked Cameron Marlow, the “in-house sociologist” at Facebook, to crunch some numbers. Dr Marlow found that the average number of “friends” in a Facebook network is 120, consistent with Dr Dunbar’s hypothesis, and that women tend to have somewhat more than men. But the range is large, and some people have networks numbering more than 500, so the hypothesis cannot yet be regarded as proven.

What also struck Dr Marlow, however, was that the number of people on an individual’s friend list with whom he (or she) frequently interacts is remarkably small and stable. The more “active” or intimate the interaction, the smaller and more stable the group.

Thus an average man—one with 120 friends—generally responds to the postings of only seven of those friends by leaving comments on the posting individual’s photos, status messages or “wall”. An average woman is slightly more sociable, responding to ten. When it comes to two-way communication such as e-mails or chats, the average man interacts with only four people and the average woman with six. Among those Facebook users with 500 friends, these numbers are somewhat higher, but not hugely so. Men leave comments for 17 friends, women for 26. Men communicate with ten, women with 16.

What mainly goes up, therefore, is not the core network but the number of casual contacts that people track more passively. …

Put differently, people who are members of online social networks are not so much “networking” as they are “broadcasting their lives to an outer tier of acquaintances who aren’t necessarily inside the Dunbar circle,” says Lee Rainie, the director of the Pew Internet & American Life Project, a polling organisation.

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What passwords do people use? phpBB examples

From Robert Graham’s “PHPBB Password Analysis” (Dark Reading: 6 February 2009):

A popular Website, phpbb.com, was recently hacked. The hacker published approximately 20,000 user passwords from the site. …

This incident is similar to one two years ago when MySpace was hacked, revealing about 30,000 passwords. …

The striking different between the two incidents is that the phpbb passwords are simpler. MySpace requires that passwords “must be between 6 and 10 characters, and contain at least 1 number or punctuation character.” Most people satisfied this requirement by simply appending “1” to the ends of their passwords. The phpbb site has no such restrictions — the passwords are shorter and rarely contain anything more than a dictionary word.

It’s hard to judge exactly how many passwords are dictionary words. … I ran the phpbb passwords through various dictionary files and come up with a 65% match (for a simple English dictionary) and 94% (for “hacker” dictionaries). …

16% of passwords matched a person’s first name. This includes people choosing their own first names or those of their spouses or children. The most popular first names were Joshua, Thomas, Michael, and Charlie. But I wonder if there is something else going on. Joshua, for example, was also the password to the computer in “Wargames” …

14% of passwords were patterns on the keyboard, like “1234,” “qwerty,” or “asdf.” There are a lot of different patterns people choose, like “1qaz2wsx” or “1q2w3e.” I spent a while googling “159357,” trying to figure out how to categorize it, then realized it was a pattern on the numeric keypad. …

4% are variations of the word “password,” such as “passw0rd,” “password1,” or “passwd.” I googled “drowssap,” trying to figure out how to categorize it, until I realized it was “password” spelled backward.

5% of passwords are pop-culture references from TV, movies, and music. These tend to be youth culture (“hannah,” “pokemon,” “tigger”) and geeky (“klingon,” “starwars,” “matrix,” “legolas,” “ironman”). … Some notable pop-culture references are chosen not because they are popular, but because they sound like passwords, such as “ou812” (’80s Van Halen album), “blink182” (’90s pop), “rush2112” (’80s album), and “8675309” (’80s pop song).

4% of passwords appear to reference things nearby. The name “samsung” is a popular password, I think because it’s the brand name on the monitor that people are looking at … Similarly, there are a lot of names of home computers like “dell,” “packard,” “apple,” “pavilion,” “presario,” “compaq,” and so on. …

3% of passwords are “emo” words. Swear words, especially the F-word, are common, but so are various forms of love and hate (like “iloveyou” or “ihateyou”).

3% are “don’t care” words. … A lot of password choices reflect this attitude, either implicitly with “abc123” or “blahblah,” or explicitly with “whatever,” “whocares,” or “nothing.”

1.3% are passwords people saw in movies/TV. This is a small category, consisting only of “letmein,” “trustno1,” “joshua,” and “monkey,” but it accounts for a large percentage of passwords.

1% are sports related. …

Here is the top 20 passwords from the phpbb dataset. You’ll find nothing surprising here; all of them are on this Top 500 list.

3.03% “123456”
2.13% “password”
1.45% “phpbb”
0.91% “qwerty”
0.82% “12345”
0.59% “12345678”
0.58% “letmein”
0.53% “1234”
0.50% “test”
0.43% “123”
0.36% “trustno1”
0.33% “dragon”
0.31% “abc123”
0.31% “123456789”
0.31% “111111”
0.30% “hello”
0.30% “monkey”
0.28% “master”
0.22% “killer”
0.22% “123123”

Notice that whereas “myspace1” was one of the most popular passwords in the MySpace dataset, “phpbb” is one of the most popular passwords in the phpbb dataset.

The password length distribution is as follows:

1 character 0.34%
2 characters 0.54%
3 characters 2.92%
4 characters 12.29%
5 characters 13.29%
6 characters 35.16%
7 characters 14.60%
8 characters 15.50%
9 characters 3.81%
10 characters 1.14%
11 characters 0.22%

Note that phpbb has no requirements for password lengths …

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New Zealand’s new copyright law

From Mark Gibbs’ “New Zealand gets insane copyright law” (Network World: 20 February 2009):

A law was recently passed in New Zealand that has created what many consider to be the world’s harshest copyright enforcement law. This insanity, found in Sections 92A and C of New Zealand’s Copyright Amendment Act 2008 establishes – and I am not making this up – a guilt upon accusation principle!

Yep, you read that right. This means that anyone accused of “copyright infringement” will get his Internet connection cut off; and treated as guilty until proven innocent.

And if that weren’t enough, this crazy legislation defines anyone providing Internet access as an ISP and makes them responsible for monitoring and cutting off Internet access for anyone who uses their services and is accused of copyright violations. Thus libraries, schools, coffee shops, cafes – anyone offering any kind of Internet access – will be considered ISPs and become responsible and potentially liable.

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A history of the negative associations of yellow

From Allen Abel And Madeleine Czigler’s “Submarines, bananas and taxis” (National Post: 24 June 2008):

Depicted in frescoes and canvases from the early Middle Ages onward in the robes of the betrayer of the Christ, “Judas yellow” devolved into an imprint of depravity, treason and exclusion.

By the 12th century, European Jews were compelled to wear yellow hats, prostitutes were bound by yellow sashes and yellow flags flew above the pus-stained hovels of the Black Death. From this would descend our own yellow of cowardice and insanity, and the yellow badges of the star-crossed Jüden of the Third Reich.

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The cochineal insect’s gift of red

From Allen Abel and Madeleine Czigler’s “Scandal, communism, blood” (National Post: 27 June 2008):

The blood-red allure of lipstick is a gift of a parasitic insect that infests cactus plants, principally in Mexico and Peru. It has been known since Aztec and Mayan times that, when boiled, the body of the cochineal insect dissolves into a deep crimson dye. France is the leading importer. Cochineal dye, which is neither Kosher nor Halal (since it is forbidden for Jews or Muslims to consume any insect) also is used in thousands of foods and beverages, ranging from sausages and gelatin desserts to some Cheddar cheese.

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The conspiracy mindset

From Alex Koppelman’s “Why the stories about Obama’s birth certificate will never die” (Salon: 5 December 2008):

But according to several experts in conspiracy theories, and in the psychology of people who believe in conspiracy theories, there’s little chance those people who think Obama is barred from the presidency will ever be convinced otherwise. “There’s no amount of evidence or data that will change somebody’s mind,” says Michael Shermer, who is the publisher of Skeptic magazine and a columnist for Scientific American, and who holds an undergraduate and a master’s degree in psychology. “The more data you present a person, the more they doubt it … Once you’re committed, especially behaviorally committed or financially committed, the more impossible it becomes to change your mind.”

Any inconvenient facts are irrelevant. People who believe in a conspiracy theory “develop a selective perception, their mind refuses to accept contrary evidence,” Chip Berlet, a senior analyst with Political Research Associates who studies such theories, says. “As soon as you criticize a conspiracy theory, you become part of the conspiracy.”

Evan Harrington, a social psychologist who is an associate professor at the Chicago School of Professional Psychology, agrees. “One of the tendencies of the conspiracy notion, the whole appeal, is that a lot of the information the believer has is secret or special,” Harrington says. “The real evidence is out there, [and] you can give them all this evidence, but they’ll have convenient ways to discredit [it].”

Whatever can’t be ignored can be twisted to fit into the narrative; every new disclosure of something that should, by rights, end the controversy only opens up new questions, identifies new plotters.

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Should states track cars with GPS?

From Glen Johnson’s “Massachusetts may consider a mileage charge” (AP: 17 February 2009):

A tentative plan to overhaul Massachusetts’ transportation system by using GPS chips to charge motorists a quarter-cent for every mile behind the wheel has angered some drivers.

But a “Vehicle Miles Traveled” program like the one the governor may unveil this week has already been tested — with positive results — in Oregon.

Governors in Idaho and Rhode Island, as well as the federal government, also are talking about such programs. And in North Carolina, a panel suggested in December the state start charging motorists a quarter-cent for every mile as a substitute for the gas tax.

“The Big Brother issue was identified during the first meeting of the task force that developed our program,” said Jim Whitty, who oversees innovation projects for the Oregon Department of Transportation. “Everything we did from that point forward, even though we used electronics, was to eliminate those concerns.”

A draft overhaul transport plan prepared for Gov. Deval Patrick says implementing a Vehicle Miles Traveled system to replace the gas tax makes sense. “A user-based system, collected electronically, is a fair way to pay for our transportation needs in the future,” it says.

The idea behind the program is simple: As cars become more fuel efficient or powered by electricity, gas tax revenues decline. Yet the cost of building and maintaining roads and bridges is increasing. A state could cover that gap by charging drivers precisely for the mileage their vehicles put on public roads.

In Oregon, the state paid volunteers who let the transportation department install GPS receivers in 300 vehicles. The device did not transmit a signal — which would allow real-time tracking of a driver’s movements — but instead passively received satellite pings telling the receiver where it was in terms of latitude and longitude coordinates.

The state used those coordinates to determine when the vehicle was driving both within Oregon and outside the state. And it measured the respective distances through a connection with the vehicle’s odometer.

When a driver pulled into a predetermined service station, the pump linked electronically with the receiver, downloaded the number of miles driven in Oregon and then charged the driver a fee based on the distance. The gas tax they would have paid was reduced by the amount of the user fee. Drivers continued to be charged gas tax for miles driven outside Oregon.

Under such systems, one of which is already used in London, drivers are charged more for entering a crowded area during rush hour than off-peak periods.

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How the fundamentalist thinks

From ScienceDaily’s “Brain Differences Found Between Believers In God And Non-believers” (5 March 2009):

In two studies led by Assistant Psychology Professor Michael Inzlicht, participants performed a Stroop task – a well-known test of cognitive control – while hooked up to electrodes that measured their brain activity.

Compared to non-believers, the religious participants showed significantly less activity in the anterior cingulate cortex (ACC), a portion of the brain that helps modify behavior by signaling when attention and control are needed, usually as a result of some anxiety-producing event like making a mistake. The stronger their religious zeal and the more they believed in God, the less their ACC fired in response to their own errors, and the fewer errors they made.

“You could think of this part of the brain like a cortical alarm bell that rings when an individual has just made a mistake or experiences uncertainty,” says lead author Inzlicht, who teaches and conducts research at the University of Toronto Scarborough. “We found that religious people or even people who simply believe in the existence of God show significantly less brain activity in relation to their own errors. They’re much less anxious and feel less stressed when they have made an error.”

“Obviously, anxiety can be negative because if you have too much, you’re paralyzed with fear,” [Inzlicht] says. “However, it also serves a very useful function in that it alerts us when we’re making mistakes. If you don’t experience anxiety when you make an error, what impetus do you have to change or improve your behaviour so you don’t make the same mistakes again and again?”

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Add houseplants to your home & office

From David Pogue’s “TED’s Greatest Hits” (The New York Times: 10 February 2009):

Kamal Meattle reported the results of his efforts to fill an office building with plants, in an effort to reduce headache, asthma, and other productivity-sapping aliments in thickly polluted India. After researching NASA documents, he concluded that a set of three particular common, waist-high houseplants—areca palm, Mother-in-Law’s Tongue, and Money Plant—could be combined to scrub the air of carbon dioxide, formaldehyde and other pollutants.

At about four plants per occupant (1200 plants in all), the building’s air freshened considerably, and the health and productivity results were staggering. Eye irritation dropped by 52 percent, lower respiratory symptoms by 34 percent, headaches by 24 percent and asthma by 9 percent. There were fewer sick days, employee productivity increased, and energy costs dropped by 15 percent.

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Crazy anti-terrorism plans that worked

From a Special Operations officer quoted in Tom Ricks’s Inbox (The Washington Post: 5 October 2008):

One of the most interesting operations was the laundry mat [sic]. Having lost many troops and civilians to bombings, the Brits decided they needed to determine who was making the bombs and where they were being manufactured. One bright fellow recommended they operate a laundry and when asked “what the hell he was talking about,” he explained the plan and it was incorporated — to much success.

The plan was simple: Build a laundry and staff it with locals and a few of their own. The laundry would then send out “color coded” special discount tickets, to the effect of “get two loads for the price of one,” etc. The color coding was matched to specific streets and thus when someone brought in their laundry, it was easy to determine the general location from which a city map was coded.

While the laundry was indeed being washed, pressed and dry cleaned, it had one additional cycle — every garment, sheet, glove, pair of pants, was first sent through an analyzer, located in the basement, that checked for bomb-making residue. The analyzer was disguised as just another piece of the laundry equipment; good OPSEC [operational security]. Within a few weeks, multiple positives had shown up, indicating the ingredients of bomb residue, and intelligence had determined which areas of the city were involved. To narrow their target list, [the laundry] simply sent out more specific coupons [numbered] to all houses in the area, and before long they had good addresses. After confirming addresses, authorities with the SAS teams swooped down on the multiple homes and arrested multiple personnel and confiscated numerous assembled bombs, weapons and ingredients. During the entire operation, no one was injured or killed.
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By the way, the gentleman also told the story of how [the British] also bugged every new car going into Northern Ireland, and thus knew everything [Sinn Fein leader] Gerry Adams was discussing. They did this because Adams always conducted mobile meetings and always used new cars.

The Israelis have a term for this type of thinking, “Embracing the Meshugganah,” which literally translated means, embrace the craziness, because the crazier the plan, the less likely the adversary will have thought about it, and thus, not have implemented a counter-measure.

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Why cons work on us

From Damien Carrick’s interview with Nicholas Johnson, “The psychology of conmen” (The Law Report: 30 September 2008):

Nicholas Johnson: I think what I love most about con artists and the world of scammers is that they’re criminals who manage to get their victims to hand over their possessions freely. Most thieves and robbers and the like, tend to use force, or deception, in order for them to take things, whereas a con artist manages to get their victim to freely give up their stuff.

The main thing that really makes people susceptible to con artists is the idea that we’re going to get something for nothing. So it really buys into our greed; it buys into sometimes our lust, and at the same time, sometimes even our sense that we’re going to do something good, so we’re going to get a great feeling from helping someone out, we’re going to make some money, we’re going to meet a beautiful girl—it really ties into our basest desires, and that’s what the con artist relies on.

Most con artists rely on this idea that the victim is in control. The victim is the one who is controlling the situation. So a great example of that is the classic Nigerian email scam, the person who writes to you and says, ‘I’ve got this money that I need to get out of the country, and I need your help.’ So you’re in control, you can help them, you can do a good deed, you can make some money, you’ve got this fantastic opportunity, and the con artist needs your help. It’s not the con artist doing you a favour. So really, you feel like you’re the one who’s controlling the situation when really it’s the con artist who knows the real deal.

I think for a lot of con artists they’re very proud of their work, and they like people to know exactly what they’ve gotten away with.

… for many of [the conmen], they really feel like even if they get caught, or even if they don’t get away with it, they feel like they’re giving their victim a good story, you know, something to dine out over, something to discuss down at the pub. They think that’s OK, you can scam somebody out of a couple of hundred bucks, because they’re getting a good story in return.

My all-time favourite one only makes the con artist a few dollars every time he does it, but I absolutely love it. These guys used to go door-to-door in the 1970s selling lightbulbs and they would offer to replace every single lightbulb in your house, so all your old lightbulbs would be replaced with a brand new lightbulb, and it would cost you, say $5, so a fraction of the cost of what new lightbulbs would cost. So the man comes in, he replaces each lightbulb, every single one in the house, and does it, you can check, and they all work, and then he takes all the lightbulbs that he’s just taken from the person’s house, goes next door and then sells them the same lightbulbs again. So it’s really just moving lightbulbs from one house to another and charging people a fee to do it.

But there’s all sorts of those homemaker scams, people offering to seal your roof so they say, ‘We’ll put a fresh coat of tar on your roof’, or ‘We’ll re-seal your driveway’. In actual fact all they do is get old black sump oil and smooth it over the roof or smooth it over the driveway. You come home and it looks like wet tar, and so ‘Don’t step on it for 24 hours’, and of course 24 hours later they’re long gone with the money, and you’re left with a sticky, smelly driveway.

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The color of the TV you watch determines the color of your dreams

From Richard Alleyne’s “Black and white TV generation have monochrome dreams” (The Telegraph: 17 October 2008):

New research suggests that the type of television you watched as a child has a profound effect on the colour of your dreams.

While almost all under 25s dream in colour, thousands of over 55s, all of whom were brought up with black and white sets, often dream in monchrome – even now.

Research from 1915 through to the 1950s suggested that the vast majority of dreams are in black and white but the tide turned in the sixties, and later results suggested that up to 83 per cent of dreams contain some colour.

Since this period also marked the transition between black-and-white film and TV and widespread Technicolor, an obvious explanation was that the media had been priming the subjects’ dreams.

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Chemically remove bad memories

From Nicholas Carr’s “Remembering to forget” (Rough Type: 22 October 2008):

Slowly but surely, scientists are getting closer to developing a drug that will allow people to eliminate unpleasant memories. The new issue of Neuron features a report from a group of Chinese scientists who were able to use a chemical – the protein alpha-CaM kinase II – to successfully erase memories from the minds of mice. The memory losses, report the authors, are “not caused by disrupting the retrieval access to the stored information but are, rather, due to the active erasure of the stored memories.” The erasure, moreover, “is highly restricted to the memory being retrieved while leaving other memories intact. Therefore, our study reveals a molecular genetic paradigm through which a given memory, such as new or old fear memory, can be rapidly and specifically erased in a controlled and inducible manner in the brain.”

One can think of a whole range of applications, from the therapeutic to the cosmetic to the political.

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Conficker creating a new gargantuan botneth

From Asavin Wattanajantra’s “Windows worm could create the ‘world’s biggest botnet’” (IT PRO: 19 January 2009):

The Downadup or “Conficker” worm has increased to over nine million infections over the weekend – increasing from 2.4 million in a four-day period, according to F-Secure.

The worm has password cracking capabilities, which is often successful because company passwords sometimes match a predefined password list that the worm carries.

Corporate networks around the world have already been infected by the network worm, which is particularly hard to eradicate as it is able to evolve – making use of a long list of websites – by downloading another version of itself.

Rik Ferguson, solution architect at Trend Micro, told IT PRO that the worm was very difficult to block for security companies as they had to make sure that they blocked every single one of the hundreds of domains that it could download from.

Ferguson said that the worm was creating a staggering amount of infections, even if just the most conservative infection estimates are taken into account. He said: “What’s particularly interesting about this worm is that it is the first hybrid with old school worm infection capabilities and command and control infrastructure.”

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How easy it is to clone “unbreakable” RFID passports

From Steve Boggan’s “‘Fakeproof’ e-passport is cloned in minutes” (The Times: 6 August 2008):

New microchipped passports designed to be foolproof against identity theft can be cloned and manipulated in minutes and accepted as genuine by the computer software recommended for use at international airports.

Tests for The Times exposed security flaws in the microchips introduced to protect against terrorism and organised crime. The flaws also undermine claims that 3,000 blank passports stolen last week were worthless because they could not be forged.

In the tests, a computer researcher cloned the chips on two British passports and implanted digital images of Osama bin Laden and a suicide bomber. The altered chips were then passed as genuine by passport reader software used by the UN agency that sets standards for e-passports.

The Home Office has always argued that faked chips would be spotted at border checkpoints because they would not match key codes when checked against an international data-base. But only ten of the forty-five countries with e-passports have signed up to the Public Key Directory (PKD) code system, and only five are using it. Britain is a member but will not use the directory before next year. Even then, the system will be fully secure only if every e-passport country has joined.

Some of the 45 countries, including Britain, swap codes manually, but criminals could use fake e-passports from countries that do not share key codes, which would then go undetected at passport control.

The tests suggest that if the microchips are vulnerable to cloning then bogus biometrics could be inserted in fake or blank passports.

Using his own software, a publicly available programming code, a £40 card reader and two £10 RFID chips, Mr van Beek took less than an hour to clone and manipulate two passport chips to a level at which they were ready to be planted inside fake or stolen paper passports.

The tests also raise serious questions about the Government’s £4 billion identity card scheme, which relies on the same biometric technology. ID cards are expected to contain similar microchips that will store up to 50 pieces of personal and biometric information about their holders. …

The ability to clone chips leaves travellers vulnerable to identity theft when they surrender their passports at hotels or car rental companies. Criminals in the back office could read the chips and clone them. The original passport holder’s name and date of birth could be left on the fake chip, with the picture, fingerprints and other biometric data of a criminal client added. The criminal could then travel the world using the stolen identity and the original passport holder would be none the wiser.

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What happens to IP when it’s easy to copy anything?

From Bruce Sterling’s “2009 Will Be a Year of Panic” (Seed: 29 January 2009):

Let’s consider seven other massive reservoirs of potential popular dread. Any one of these could erupt, shattering the fragile social compact we maintain with one another in order to believe things contrary to fact.

2. Intellectual property. More specifically, the fiat declaration that properties that are easy to reproduce shouldn’t be reproduced.

Declaring that “information wants to be free” is an ideological stance. A real-world situation where information can’t be anything but free, where digital information cannot be monetized, is bizarre and deeply scary. No banker or economist anywhere has the ghost of clue what to do under such conditions.

Intellectual property made sense and used to work rather well when conditions of production favored it. Now they don’t. If it’s simple to copy just one single movie, some gray area of fair use can be tolerated. If it becomes easy to copy a million movies with one single button-push, this vast economic superstructure is reduced to rags. Our belief in this kind of “property” becomes absurd.

To imagine that real estate is worthless is strange, though we’ve somehow managed to do that. But our society is also built on the supposed monetary worth of unreal estate. In fact, the planet’s most advanced economies are optimized to create pretty much nothing else. The ultimate global consequences of this situation’s abject failure would rank with the collapse of Communism.

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