Stratfor Hacked: 860,000 Subscribers’ Data Compromised

If you’re in the security community (or even if you’re not), I’m sure you’ve heard of it. If not, well I hope you enjoyed your Christmas and New Year vacations under that big rock in some unknown cave. So, remember the 2011 back-to-back incident at SONY? Well, that was stupidity. You’d think other companies and … Continue reading

The Euro Deal: EU’s Closer Integration; UK’s Isolation

Summits. With all the fanfare and hours of squabbling, you have to give it to the European Union. They do it best and they do it often. With the gruelling negotiations on addressing the looming Euro tragedy one can’t help but as why oh why must the EU’s answer to everything be to call a … Continue reading

Swiss Scientists Prove Durability of Quantum Network, So what?

So, probably you’ve already heard–most probably not. The Institute of Physics and the New Journal of Physics recently released a paper on the long term performance of the SwissQuantumat CERN on field environment. And since I have taken the ambitious task of making all this technical stuff understandable to the average reader, I decided to try and write in … Continue reading

Should the UK join the EU Monetary Union?

When the single currency was introduced in 1999, eleven out of the fifteen European states joined the EMU. The UK however, one of the largest economies in the Union, declined to participate. The choice of whether or not joining the Euro zone was a fiercely contested issue in Britain with the government and business circles … Continue reading

Sony Breached — AGAIN! What you should do to protect your privacy.

If there are people who should learn from history, they’re the one at Sony. People have barely forgotten the recent PS breach that occurred barely a month ago and here we go again. (Is this going to be a monthly thing?) If the reports reaching me are true, a group that calls themselves “Lulz Security” claims that not only was the database breached by using a simple SQL injection attack but also that the passwords were stored in plain text. Forget negligence and irresponsibility, that’s downright — pardon the term — idotic… Continue reading original article »

Philippines, Indonesia: Exceeded Growth Expectations

While the BRIC and N-11 saw sharper contractions than developed countries in general, Goldman Sachs said these economies also posted stronger rebounds. The investment bank grouped the BRIC and the N-11 in terms of the differentiation, with the Philippines still at the top tier.

“This group of winners includes Brazil, China, India, Egypt, Indonesia, and the Philippines. They have experienced a relatively mild slowdown, and have shown an impressive rebound in growth and activity this year.”

In the middle group are Korea, Nigeria, Turkey, and Vietnam, which have also seen impressive rebounds despite relatively sharp contractions, Goldman Sachs said.

Meanwhile, Iran, Mexico, Pakistan, and Russia belong to the bottom level given the depth of their recessions and sluggishness of recoveries.

US Dollar: A Sinking Ship?

by Caela March 18, Wednesday, the US Federal Reserve announced that it would pump an extra $1 trillion into the financial system by purchasing Treasury bonds and mortgage securities in an attempt to save the US economy. The market was surprised and enthusiastic with the news with the Dow Jones industrial average jumping 91 point at … Continue reading