Lifeboat Foundation

Interesting Question to ask.

The battle between the FBI and Apple over the unlocking of a terrorist’s iPhone will likely require Congress to create new legislation. That’s because there really aren’t any existing laws which encompass technologies such as these. The battle is between security and privacy, with Silicon Valley fighting for privacy. The debates in Congress will be ugly, uninformed, and emotional. Lawmakers won’t know which side to pick and will flip flop between what lobbyists ask and the public’s fear du jour. And because there is no consensus on what is right or wrong, any decision they make today will likely be changed tomorrow.

This is a prelude of things to come, not only with encryption technologies, but everything from artificial intelligence to drones, robotics, and synthetic biology. Technology is moving faster than our ability to understand it, and there is no consensus on what is ethical. It isn’t just the lawmakers who are not well-informed, the originators of the technologies themselves don’t understand the full ramifications of what they are creating. They may take strong positions today based on their emotions and financial interests, but as they learn more, they too will change their views.

Continue reading “As Technology Barrels Ahead—Will Ethics Get Left in the Dust?” »

More great news on Quantum Networks; some banks in Europe are leveraging the technology to communicate among themselves.

Light is everywhere. Even the darkest of rooms in our homes contain a handful of blinking LEDs. But what is light? Few of us ever stop to think about this question. Around a hundred years ago scientists discovered that light comes in granules, much like the sand on a beach, which we now call photons.

These are truly bizarre objects that obey the rules of the quantum world. The rules allow some pairs of photons to share a property called entanglement. After being entangled, two photons behave as one object. Changing one photon will affect the other at exactly the same time, no matter how far apart they are.

Continue reading “Sharing secrets with light” »

Attention to all fortune tellers, tea leave readers, Shaman/ Shawoman, etc. Wall Street needs a new futurist to predict the 2016 Stock Market.

So far, 2016 has been the worst opening act in the history of the stock markets. The moving parts, and the speed at which they are changing is mind dulling. Predicting what is coming next will take a rare talent – if it does exist, it will likely be fleeting.

Investment success is really a combination of common sense, experience, and to some extent luck. Part of my plan going into the next 10 months is to review my investment thesis. In other words, define what I believed before they year began, so here goes.

Continue reading “Rare talent needed to predict 2016 stock market” »

I luv it — India get’s it. You have to make sure that your IT foundation is solid first before unleashing things like AI. Connected AI requires a solid and secured infrastructure foundation 1st. In order for customers to buy into Cloud & the whole IoT, and connected AI set of products and services; the customer must feel that they can trust you fully.

By Jayadev Parida

Take a stock of the past, analyse the present cliché and frame a strategy for future. In the recent years, India’s approach to cyber security has experienced a shift from style to substance. Prime Minister Modi’s foreign policy has made various strong interventions on cyber security matters. Those interventions need to be materialised to manoeuvre the interest. Presumably, the Prime Minister Office (PMO) is likely to invest both political and capital energy to enhance a cautious cyber-strategy. A dedicated Division in the Indian Ministry of External Affairs (MEA) for cyber security is a value addition to that. In 2015, Minister of Communications and Information Technology in a written reply to the Lok Sabha stated that government allocated Rs 755 crore to combat cyber security threats over a period of five years. But, this financial outlay is quite negligible as the nature of threat is quite huge and unpredictable.

Continue reading “Need To Beef Up India’s Cyber Security Policies And Mechanisms – Analysis” »

Interesting article and does bring into question; what is “Cyberterrorism?” In the definition that I understand “Cyberterrorism” is when a person/s or a group inflict threats or conducts activities to create fear and/ or panic across the population. Therefore, with this definition cyberterrorism donesn’t necessarily be tied to a specific race, religion, political alliances, a gender, etc. It truly is any action or activity that creates fear and panic.

Unfortunately, this article really center on Cyberterrorism tied to certain group namely ISIS. And, only focusing on groups like ISIS is a big mistake; especially when you have hackers attacking hospitals, governments, banks, consumers, etc. and in some cases extorting money from their victims which ultimately has created fear and concerns across the population. Even the US Navy is considering to disconnect some of their own systems from the net. And, 2015 was the worst year ever for cyber attacks.

And, today, China (a country that has been listed as the country where most of the US Cyber attacks are coming from) has announced that they are on verge of providing their country Quantum technology which would mean China (including the hackers) would have an upper hand on protecting their systems and can easily hacked other countries systems including those with sophisticated encryptions.

Continue reading “Debunking the hysteria about cyberterrorism. Some sensible advice” »

Very concerning news for the US security; we’ll see how the US responds. Remember, our largest hackers in the US is China; so we’ll need to determine what this means as well as how vulnerable we are.

http://www.globaltimes.cn/content/969692.shtml

China’s stock markets have been stabilizing in recent days after the rollercoaster ride at the start of the year. And one bright point has been stocks related to quantum communications, showing renewed investor interest in the new technology, which will play an important role in creating a safety net for the increasingly information technology-savvy economy.

Continue reading “China’s newest tech can offer quantum of security” »

Meet the Nikkei Magic Man.

On the 10th day of every month, Junsuke Senoguchi has just one thing on his mind: the closing level of the Nikkei average.

That is because Senoguchi, an unassuming man in his late 40s, has built a machine that has been predicting the direction of Japanese shares, and once a month he gets a progress report on its success. The model makes a simple call — whether the equity index will be higher or lower after 30 days — and over almost four years it has been right 68 percent of the time.

Continue reading “Can you call the stock market? Equity analyst says he can” »

Why it is important to think like a criminal when developing AI as well as Cyber Defense. Recently, I shared some insights on how AI could be used by Criminals (not just hackers) and making it extremely hard for the existing legal system to catch criminals. Robots (just like drones recently have been used) could be used in many ways by cartels, robbers & burglars, killers, and even worse. This is why we have to have solid cyber defense plus stop gaps in place for the legal system to diffuse dangers that could be implemented.

ThreatMetrix’s new report has come up with several new insights from the last quarter including the evolution of bot tactics to avoid the traditional defences of lenders and banks.

Read more

What will be interesting most about block chaining is when more countries drop their own traditional currency models & move to block chaining like one of the countries in Africa announced 2 weeks ago. I do know that many 2nd & 3rd world countries are finding electronic currency more appealing due to the Central Bank’s policies; however, what will be the impacts at the end of the day felt across the world as more and more 2nd & 3rd world markets switch their models. Immediately, we see risks with central banks; the question is where else (WBO, WTO, US, etc)

Many countries have experimented with price fixing and central planning over the last century. Right now, Venezuela’s government is fixing the prices of many products. This has resulted in widespread shortages of goods which we, as the lucky inhabitants of semi-free economies, take for granted.

Price fixing has failed in every area of the economy in which it has been tried. But while few serious economists would suggest that we have a team of bureaucrats set the price of rubber, wheat or coffee, we do have one sphere of the economy which is still centrally planned – our monetary system. This will fail just like all central planning fails. We are now moving into a dangerous new phase of price fixing by central banks. Having failed to stimulate economies with years of zero per cent interest rates, they are now discussing the prospect of negative interest rates (and some have even introduced them), the reductio ad absurdum of modern monetary economics.

Continue reading “How blockchain will save us from the perils of central bank price fixing” »