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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Cyberattacks & the Vulnerability of a Cashless Society

    Lobo
    Lobo
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    Posts : 28411
    Join date : 2013-01-12

    Cyberattacks & the Vulnerability of a Cashless Society Empty Cyberattacks & the Vulnerability of a Cashless Society

    Post by Lobo Sat 20 May 2017, 4:10 pm

    Cyberattacks & the Vulnerability of a Cashless Society Hacker-1
    QUESTION: Cyberattacks vs. Cash elimination – an argument against eliminating cash. Hello Mr. Armstrong, it is quite apparent that no government, no financial institution, Anti-virus software developer, or either ‘whatever’ is is really capable to stop cyberattacks. Now these people want to eliminate cash, make larger cash amounts illegal. So theoretically these cyber attackers could/ maybe will, eventually just stop the whole economy. Nobody may even be able to buy food. So instead of eliminating cash, should it not be policy people carry at least a month’s worth of expenses in cash? Your reply should be quite interesting to us, your readership!
    Best,
    AP
    ANSWER: The WannaCry ransom attack is actually variant from a February 2015 sample attributed to the Lazarus Group, a Kaspersky-tracked actor tied to the North Korean government. Parts of the code go beyond shared code. It appears to be written by the same programmer.
    Let’s get something straight here. At the core of those responsible is really the NSA and Microsoft itself. The attack exploited a Windows networking protocol to spread within networks, and while Microsoft released a patch nearly two months ago, it’s become very clear that patch didn’t reach all users particularly because institutions often do not install patches fearing that proprietary software may not function.
    If behind the curtain we have government demanding back-doors into iPhones and computer so they can listen to everything everywhere, well guess what – so can everyone else. Patches will work for individual users, but not major institutions. Trying to upgrade their operations is a real effort. They are slow to act and thus vulnerable.
    The NSA was well aware of this little trick. The real answer is the NSA and FBI must do investigation the old fashion way. Stop asking for secret back-doors that never remain secret very long. The entire world will become vulnerable and they use to counterfeit an adversary’s currency to undermine their economy. Today, if we keep this nonsense up, they will hack into the entire thing and shut it down.
    The idea of moving to a cashless society is just insane. Somebody has to give up something here. Trust me – the intelligence community will not take responsibility.
    https://www.armstrongeconomics.com/world-news/taxes/cyberattacks-the-vulnerability-of-a-cashless-society/

      Current date/time is Fri 12 Jul 2024, 7:15 pm