From Bruce Schneier’s Crypto-Gram of 15 April 2004: My argument may not be obvious, but it’s not hard to follow, either. It centers around the notion that security must be evaluated not based on how it works, but on how it fails. It doesn’t really matter how well an ID card works when used by […]
Posted on September 8th, 2011 by Scott Granneman
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From Michael Lewis’s “Beware of Greeks Bearing Bonds” (Vanity Fair: 1 October 2010): In just the past decade the wage bill of the Greek public sector has doubled, in real terms—and that number doesn’t take into account the bribes collected by public officials. The average government job pays almost three times the average private-sector job. […]
Posted on November 24th, 2010 by Scott Granneman
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From Diana B. Henrioques’s “Madoff Scheme Kept Rippling Outward, Across Borders” (The New York Times: 20 December 2008): But whatever else Mr. Madoff’s game was, it was certainly this: The first worldwide Ponzi scheme — a fraud that lasted longer, reached wider and cut deeper than any similar scheme in history, entirely eclipsing the puny […]
Posted on November 5th, 2009 by Scott Granneman
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From Kim Zetter’s “New Malware Re-Writes Online Bank Statements to Cover Fraud” (Wired: 30 September 2009): New malware being used by cybercrooks does more than let hackers loot a bank account; it hides evidence of a victim’s dwindling balance by rewriting online bank statements on the fly, according to a new report. The sophisticated hack […]
Posted on October 30th, 2009 by Scott Granneman
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From “List of confidence tricks” (Wikipedia: 3 July 2009): Get-rich-quick schemes Get-rich-quick schemes are extremely varied. For example, fake franchises, real estate “sure things”, get-rich-quick books, wealth-building seminars, self-help gurus, sure-fire inventions, useless products, chain letters, fortune tellers, quack doctors, miracle pharmaceuticals, Nigerian money scams, charms and talismans are all used to separate the mark […]
Posted on July 5th, 2009 by Scott Granneman
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From Brian Krebs’ “Glut of Stolen Banking Data Trims Profits for Thieves” (The Washington Post: 15 April 2009): A massive glut in the number of credit and debit cards stolen in data breaches at financial institutions last year has flooded criminal underground markets that trade in this material, driving prices for the illicit goods to […]
Posted on June 30th, 2009 by Scott Granneman
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From Bruce Schneier’s “The Psychology of Con Men” (Crypto-Gram: 15 November 2008): Great story: “My all-time favourite [short con] 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 […]
Posted on June 27th, 2009 by Scott Granneman
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photo credit: Andres Rueda From Brian Kreb’s “An Odyssey of Fraud” (The Washington Post: 17 June 2009): Andy Kordopatis is the proprietor of Odyssey Bar, a modest watering hole in Pocatello, Idaho, a few blocks away from Idaho State University. Most of his customers pay for their drinks with cash, but about three times a […]
Posted on June 20th, 2009 by Scott Granneman
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photo credit: hans s From Errol Morris’ “Bamboozling Ourselves (Part 2)” (The New York Times: 28 May 2009): [Errol Morris:] The Uncanny Valley is a concept developed by the Japanese robot scientist Masahiro Mori. It concerns the design of humanoid robots. Mori’s theory is relatively simple. We tend to reject robots that look too much […]
Posted on May 30th, 2009 by Scott Granneman
Filed under: art, business, history, on writing, science, security, tech in changing society, weird | No Comments »