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Tuesday, November 12th, 2013

    Time Event
    6:35a
    Bizarre Online Gambling Movie-Plot Threat

    This article argues that online gambling is a strategic national threat because terrorists could use it to launder money.

    The Harper demonstration showed the technology and techniques that terror and crime organizations could use to operate untraceable money laundering built on a highly liquid legalized online poker industry -- just the environment that will result from the spread of poker online.

    [...]

    A single poker game takes just a few hours to transfer $5 million as was recently demonstrated -- legally -- by American player Brian Hastings with his Swedish competitor half a world away. An established al-Qaida poker network could extract from the United States enough untraceable money in six days to fund an operation like the 9/11 attack on the World Trade Center.

    I'm impressed with the massive fear resonating in this essay.

    1:04p
    Cryptographic Blunders Revealed by Adobe's Password Leak

    Adobe lost 150 million customer passwords. Even worse, they had a pretty dumb cryptographic hash system protecting those passwords.

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