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By Elizabeth Lee
Intellectual property theft is a growing concern, and it poses a real risk at large conferences where people from around the world are gathered, the Federal Bureau of Investigation said recently.
David Eagleman was one of more than 175,000 people at the Consumer Electronics Show held earlier this month in Las Vegas. He is a Stanford neuroscientist who co-founded a company that creates a wristband that helps the hearing-impaired hear through their skin.
The device was produced after years of research, so Eagleman wanted it well-protected globally.
“We have all the underlying technology patented, so we’re not terribly worried about patent theft. On the flip side, this is a group of 170,000 smart people, and so it’s something that we just have to watch out for,” Eagleman said.
Aaron Rouse, special agent in charge of the Las Vegas division of the FBI, said, ““It does happen from time to time where a piece of product may go missing or somebody has noticed when they get back to their factory that there has been a piece of software that’s been installed onto one of their systems.
“So it’s a matter of being vigilant,” Rouse said.
According to the FBI and federal prosecutors, last year alone, there was a long list of cases of proprietary information being stolen.
They include: a North Carolina man who pleaded guilty of stealing trade secrets from aircraft companies to help a competitor develop anti-ice aircraft technology; a software engineer at a Chicago locomotive manufacturer who was indicted for stealing proprietary information from his company and taking it to China, where he is believed to be living; and a Chinese national working as an engineer in California who was sentenced to 27 months in federal prison for stealing trade secrets from medical device companies and taking them to China.
There are many different types of entities that would benefit from stolen technology. “Could be a criminal organization, could be a foreign intelligence service, could be a competitor,” Rouse said.
At conferences, such as the Consumer Electronics Show, where there were more than 4,000 companies exhibiting and more than 160 countries represented, Rouse said one should be aware of who is handling the technology at all times.
“Before you come out to one of these conferences, [it’s important] to make sure that the equipment arrives intact and on time, that it makes it off the loading dock,” he said. “And then during the time of the convention, who’s handling your your equipment? Who is handling your product, and do they have access or the capability of installing malware onto that product at that time?”
As technology continues to permeate every aspect of life, especially internet file sharing, the FBI warns intellectual property theft is a growing threat that can cost companies billions of dollars. (VOA)
Hollywood actor Dave Bautista is set to star in 'Knock at the Cabin', the upcoming movie from Pondicherry-born Indian American Oscar-nominated filmmaker M. Night Shyamalan.
The 'Dune' actor is reportedly in negotiations to appear in Shyamalan's upcoming movie, which the secretive filmmaker will both write and direct, as well as produce with Ashwin Rajan under his Blinding Edge Pictures banner alongside Marc Bienstock and Steven Schneider, according to Deadline, reports femalefirst.co.uk.
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Details of the movie -- which is scheduled for release in February 2023 -- are being kept under wraps.
Bautista is currently going through a busy period, having starred in 'Dune' and Netflix's 'Army of the Dead' and recently finished production on 'Knives Out 2'.
He is currently working on the third 'Guardians of the Galaxy' movie, and as well as 'Knock at the Cabin', he's also expected to shoot 'Dune 2' and is attached to star in and produce an action movie with Jason Momoa.
The 52-year-old star recently admitted he "almost broke down" when he was cast in 'Dune' because he was so keen to work with director Denis Villeneuve but didn't want to "capitalise" on his friendship with the filmmaker to land his role of Glossu Rabban.
Asked what attracted him to the project, he said: "For me, it was Denis. I really pursued this, because I was tracking 'Dune'. I kept asking my agent, "When auditions would become available? When are they going to release these roles?"
Shyamalan recently explained he has needed to put more "thought"Unsplash
Also read: Six Things You Don’t Know About Dave Bautista
"But I never hit up Denis personally, because I didn't want to be that guy. I didn't want to try to capitalise on our friendship, so I just waited and waited and waited - and finally, I got a phone call from him, and he offered me the role. I almost broke down; I was so emotional about it.
"Still, it's like, 'Wow, this is crazy that I'm even here'."
Meanwhile, Shyamalan recently explained he has needed to put more "thought" into keeping his stories secret as his career has progressed.
Keywords: Dune, Dane Bautista, M. Night Shyamalan
BitMart just experienced one of the biggest hacks in cryptocurrency history, with losses estimated at a whopping $196 million. Withdrawals have been frozen until further notice as the company undergoes security checks, but CEO Sheldon Xia has promised to compensate affected users out of pocket. By stealing a private key opening two hot wallets, hackers achieved one of the biggest centralized exchange hacks to date by swapping stolen tokens for ether and then depositing the funds to Tornado Cash.
The hack has again raised concerns regarding crypto theft. Investors fall victim to attacks as simple as clicking on a link, giving hackers unfettered access to their wallets. So, it’s no surprise that investing in crypto is considered such a high-risk activity. There are ways to mediate risk and one of such ways is to have a bug bounty, which HUH Token, a new cryptocurrency does have. According to an analysis by Deloitte, more than 25% of all bitcoin could be stolen in one attack. This is perhaps why cyber criminals get so creative in coming up with crafty ways to take your bitcoin. Unfortunately, as crypto is decentralized, stolen crypto is extremely hard to recover. In light of the prediction that 10% of global GDP is to be held in crypto by 2025, it needs to become unassailable. To avoid becoming the next hacking victim, use these expert-based tips to maximize your wallet’s security:
1.Keep your most confidential information offline
Never store passwords and mnemonics onto digital devices, as once hackers gain access to those your crypto is gone. HackerNoon recommends users to write that information down on paper and divide it into two halves. Rather than placing them in your desk drawer, you should hide several copies across various locations and with specific entrusted individuals. Remember to check up on these sites at least twice a year to ensure the information is still readable.
2.Store most of your assets in a cold wallet
Although hot storage wallets are preferred for their convenience, those that rely solely on passwords such as Metamask have experienced significant losses due to ongoing attacks. Ensure you only store limited amounts on there while keeping the bulk of your tokens in a cold wallet. Ledger and Trazor are solid choices.
3.Invest in coins that have undergone bug bounties
A bug bounty is a programme used in crypto to report problems and vulnerabilities as well as to check whether their systems can be hacked. Hackers are invited to attempt to decipher the smart contract coding. The reward increases in value with the size of the bug. With bug bounties, developers can improve their security using real hackers and strengthen their software and contracts. For this reason, it’s useful to consider switching from bigger names like bitcoin and ether to newer, lesser-known crypto with their own bug bounties. HUH Token, for instance, has recently announced one in which different attack vectors can be freely explored on the condition that there’s no major drawbacks for the HUH community. Additionally, HUH websites or infrastructure don’t generally form a part of the bounty programme. HUH can reward up to 50,000 points (1 point being equivalent to $1) to those who manage to penetrate it.
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Disclaimer: (This article is sponsored and includes some commercial links)
XRP's price is forming a reversal pattern as bulls defend a critical support level. Meanwhile, HUH Token has rocketed over 400% on its first day of trading and looks set for further gains.
Ripple (XRP) reached a low of $0.76 over the weekend, followed by a brief 10% run-up. This upswing was brief, and it resulted in the formation of another swing low near $0.76, resulting in a double bottom.
This bottom reversal pattern indicates that the downswing has reached its conclusion. As a result, investors can anticipate a noticeable increase in buying pressure, pushing XRP price back to the $0.96 resistance level following a 15% upswing.
Clearing this hurdle will pave the way for liquidity to be collected above the $1.03 swing high. In total, this rise from $0.76 to $1.03 represents a 30% increase.
XRP is also currently trading well below all of its moving averages on a 4-hour and daily chart.
4-Hour Chart According to TradingView
While XRP's price is improving, a break below the $0.76 support level will signal increased selling pressure. If buyers are unable to maintain this level, the cryptocurrency may retrace to the immediate support floor at $0.68.
If Ripple forms a lower low below this level, it will invalidate any bullish outlook and may trigger a crash to the next level at $0.61. Here, buyers have another opportunity to recoup their losses before Ripple falls further.
New cryptocurrency HUH Token (HUH) has rocketed over 400% on its first day of trading and looks set for further gains. HUH's initial coin offering (ICO) started at $0.00000564 but within just a few hours it surged to over $0.00003000.
Traders can still expect plenty of volatility as the new crypto finds its feet but looking at the 15-minute chart indicates that buyers have formed a base at $0.00002720.
15-Minute Chart According to TradingView
As long as this support floor holds the price is expected to continue its upward momentum.
Solid fundamentals and recent media attention are some of the main reasons for HUH Token's successful launch.
As stated in the White Paper, "The dream of HUH Token is a decentralised metaverse in which everyone benefits from the data they generate. The data generated through engagement, whether it is information, opinion, images, sound, or another form of self-expression, generated value for influencers and individuals, because all data generates influence, and HUH believes that influence is a currency that should be shared for the greater good "'.
This concept of "tokenising" influence is unheard of in the cryptocurrency space and has the potential to resonate with the creative and influencer communities. Musicians, artists, and influencers can use this cryptocurrency and its associated social network, "MetHUH," to monetise their works or "influence" by exchanging HUH Tokens.
HUH Token intends to be listed on over 100 exchanges within 12 months. This will mean HUH's price will become more bullish with each exchange listing, as access to the token becomes more accessible.
HUH's creators have also locked in $1 million of liquidity for two years to bolster long-term sentiment.
Disclaimer: (This article is sponsored and includes some commercial links)