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Showing posts from 2017

You're gonna mine Bitcoin without knowing it

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It sounded like a joke but this time a good one.
Using the old concept of distributed workload capacity some "Hackers" are using your available computing power to mine Bitcoin. It's the new version of space listening but without your permission.  At this stage beyond the legality of the operation the hacker is technically stealing power, electricity and bandwidth. 
There is a real risk beyond this operation with a realization of this mechanism to target something else. We all remember the massive ddos attack performed with the power of smart devices such as home camera. 
Before laughing about this "fun" attack... Let's think encore.

RPA adoption will be performed by constraints outside the major firms

Major firms slowly adopt RPA - Robotic Process Automation - while fin/reg tech embrace it massively to disrupt the market. DoNotPay is a free service initiated by a Stanford student to perform all the low hanging fruit in the legal industry. Now baked by the tech leaders the startup is competing with the human paralegal, faster, cheaper… The RPAzation process is in motion, it’s ultimate step would be the RPAzation of the public administration. Yes I know… but I would love the project.
think encore ;)

Business strategy - Google broke its Glasses to save its future

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Where are the Google Glass? Google Glass was supposed to be a must-have for consumers everywhere, setting the standard for wearable technology for years to come. From real-time navigation, video capabilities, extreme sport assistant, to foreign language translations, it had a plethora of interesting features that were meant to seamlessly integrate into daily life. Combine this with a wearable technology market ripe for the picking with an estimated $30 Billion up for grabs by 2018, and you have a recipe for success. Google was hoping to capitalize on its first-movers advantage, projecting as many as 21 million units in annual sales by 2018 which translates to roughly $10 Billion in annual revenue. But none of that happened. The Google Glass as we know it is officially dead, killed by Google in 2015. Despite the concerns regarding battery life, software bugs, and lack of viable use cases, Google Glass wasn’t killed because of its technology. The real reason relies on google business s…

NY-DFS adjust its cyber regulation

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The public hearing held on Monday December 19th seems to have generated serious waves. According to Reuters, NYDFS regulation on cybersecurity is being postponed to March 1st 2017. The new version of NYDFS was supposed to be a first regulation explicitly calling financial institutions to follow specific rules in order to increase the cyber resilience of the institutions. The 50 pages’ documents were completing the frameworks already available such as the well-known NIST CSF or the FFIEC CAT. The last one introduced a model of balance between inherent risk and mandatory maturity. NYDFS did not introduce new concepts unknown by the industry with the proposed regulation. But making these concepts mandatory requirements for Financial Institutions would have changes the narrative. While the additional delay allows financial institutions to get ready, it will also allow the coming regulation and laws to have a chance to be aligned. In addition, the new White House would certainly play a si…