The cryptocurrency fintech startup Prime Trust lost the encryption key to its hardware wallet—and the recovery key—and therefore $38.9 million. It is now in bankruptcy. I can’t understand why anyone thinks these technologies are a good idea. This article has…
Tag: Schneier on Security
Friday Squid Blogging: We’re Genetically Engineering Squid Now
Is this a good idea? The transparent squid is a genetically altered version of the hummingbird bobtail squid, a species usually found in the tropical waters from Indonesia to China and Japan. It’s typically smaller than a thumb and shaped…
Spyware Vendor Hacked
A Brazilian spyware app vendor was hacked by activists: In an undated note seen by TechCrunch, the unnamed hackers described how they found and exploited several security vulnerabilities that allowed them to compromise WebDetetive’s servers and access its user databases.…