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Comment Re:Would probably be found (Score 1) 576

Agreed, what we need is a rapid enforcement policy. What happens if a hash of a working kernel comes back faulty? How quickly can I escalate to have developers examine a diff of the real kernel?

Open source is better(purer) than anything else, and we need to keep it that way. I'm not particularly paranoid, but I do feel for those who are... it saddens me when something doesn't work the way it should. I know that I've lost a bit of faith in everything, that the next time something goes wrong I won't look at myself quite as closely.

I hope there's a rapid response team, this would be a good time for it as Canonicle is on top (Mint being a small derivative and Arch being for crazy people).

Comment Re:Shadow economies (Score 1) 387

True, also this means that banks are bypassing the stock market and money market systems. So for example if you trade Forex or have stocks then this is hurting you. Though only minutely.

The major effect from this is that these may be undocumented loans of billions of dollars... there may be massive mis-evaluations of the exchange rates for example, cough USD.

Comment This is what emergency warning systems are for (Score 1) 87

How about some accountability? If they say this was part of their mandate they are bloody crazy.

Poor Aussies, I thought this countries conservative party was bad. They're probably going to get up to the same kind of thing next election. Got voted in on a minor scandal involving some low tier politician at the wrong time. Sad.

Comment Re:Just like IRL (Score 1) 147

When they empty the tills it's logged and categorized. If they don't resort the bills they know what time you were there.

So the government know where you shopped, and can find out when.

Since they're usually interested in: large foreign monies (payoffs to dictators, emptied cayman bank accounts etc.), or local tracking which means you got the money out of another bank machine.

They have a pretty good idea.

Comparatively Bitcoin allows the retailer to create as many accounts as they want, anonymously to receive money... which can be pretty anonymous, I generate a random number.... send the number to someone and can verify that money was sent to that random number. Only if I integrate accounts does it get tied to other transactions.

Comment Re: Smart Criminals (Score 1) 179

The mortgage collapse happened because 1/3 of America doesn't realize that 2/3 of America is in the shitter.

Politicians pressured banks to get people homes and offered incentives, banks seeking these incentives invented loans that didn't make any sense and hired people unethical or stupid enough to sell them.

Banks being denied traditional means of income (think small business loans, venture capital, development loans) moved into the financial instruments industry where a whole bunch of people who didn't realize how little they actually understood derivatives (it's a little like insurance for investments coupled with transitional timings) decided they could move ship fulls of money through home loans, when a bunch of overseas investors who DID understand derivatives decided to eat them for lunch.

Comment Re:Smart Criminals (Score 1) 179

Yea, they probably got cheap on security or personnel. This took a lot of skill to pull off, probably someone feeling undervalued.

If there's a mistake which pisses off one employee a company can probably get away with it (and misunderstandings are bound to happen) but when it chronically mistreats employees it's easy for pissed off employees to find each other.

My bet though, is that this is IBM or Intel syndrome, no one ever got fired for buying from (big name security) so they bought from them for a few years, (big name security) didn't really care about some specific element of (bank) infrastructure and so it slipped through the cracks.

Probably mixed with social-itis, friendly comforting guy who reassures gets position while scary crazy guy who constantly talks about potential problems is overlooked. Banks are pretty much the definition of conservative, chances are erring in this direction led to this problem.

Another option is some poorly implemented additional layer of separation designed to frustrate potential competitors ("We need to run your systems through this alternative implementation, so we can monitor your - entirely different yet, identical needs - yea it'll take a little longer and you'll have to pay us higher fees... are you sure you wouldn't rather open a "BIG BANK" franchise? Together we could really optimize home loan and transfer profits *Wink*!")

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