podfish
05-01-2015, 04:25 PM
from a local boy (now living in the hills above Santa Rosa), writing about our vulnerability to hackers
....A criminal could steal money, I suppose, or they could simply threaten to destroy the accounting data as it stands, casting into doubts all claims of wealth. What makes Bill Gates richer than you or me, after all, but some database entries? I have reason to believe that the game has been compromised and significant change has to follow. Whatever tools we use today to determine who owns what and owes what are probably in danger which means new tools are coming. And with those new tools the financial system and the financial regulatory system and the data security system will probably change overnight.
I tell you it’s happening. I’m sure there are readers here who know about this. Please speak up. ....
(article here) (https://www.cringely.com/2015/04/15/where-the-money-is-or-was/)
....A criminal could steal money, I suppose, or they could simply threaten to destroy the accounting data as it stands, casting into doubts all claims of wealth. What makes Bill Gates richer than you or me, after all, but some database entries? I have reason to believe that the game has been compromised and significant change has to follow. Whatever tools we use today to determine who owns what and owes what are probably in danger which means new tools are coming. And with those new tools the financial system and the financial regulatory system and the data security system will probably change overnight.
I tell you it’s happening. I’m sure there are readers here who know about this. Please speak up. ....
(article here) (https://www.cringely.com/2015/04/15/where-the-money-is-or-was/)