Internet

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Internet News (July 2018)

Another hack shakes cryptocurrency sector An estimated $30 million theft has taken place at the Korean digital currency exchange Coinrail, following a massive breach resulting in hackers lifting coins from 9 separate currencies within its systems. Coinrail have confirmed that they have been able to account for approximately 70% of the coins, have since suspended service and moved stored coins to an “offline cold wallet” whilst investigations take place. While news about the heist was spreading across the cryptocurrency sector, companies were witnessing the market plunge by approximately 10%. Both Ethereum and Bitcoin were both amongst the victims of losses, even though these currencies were not directly involved during the...

Internet News (June 2018)

Rice University use Deep Learning to write software Dubbed Bayou, computer scientists at Rice University, named after William Marsh Rice the benefactor that made the university a reality, have created “a system for generating API idioms”: in plain English, it generates computer code without human intervention. The application was funded by DARPA (Defense Advanced Research Projects Agency) and its primary means of “learning” was to just absorb as much Java source code freely available online as possible to use as a base to work from. Swarat Chaudhuri, co-creator of Bayou and Associate Professor of Computer Science at the university, said that at this point, “it’s basically studied everything on GitHub...

Special Report: The General Data Protection Regulations

Cheryl Dyer Ballard examines the The General Data Protection Regulations, which will come into force on Friday, 25th May 2018. Here, Cheryl examines the implications, what exactly is involved, the whys, ways and means of this landmark EU legislation, why you need to act in accordance with it by the deadline, and what it means for you as an individual.   Introduction You may have noticed in your inboxes the large amount of emails that you are receiving from companies that you have registered your details with at some time or the other. Personally, I’m ignoring quite a few of them as they’re from companies that I don’t even recognise –...

Our compliance with the General Data Protection Regulations

We’ve now updated our General Data Protection Regulations policy (GDPR for short).  This is to meet our obligations under the new European Union regulations which come into force on Friday, 25th May 2018.  You may have had a whole plethora of emails and communications from all manner of online companies and websites recently, saying things like “Updates to our privacy policy”, “Data changes to EU law: please read”…and so on.  It’s because of the massive change to data protection regulations in order to strengthen EU laws, which also means that any company that isn’t compliant by the due date has the potential to receive a rather large penalty for not doing so. According...

Internet News (May 2018)

The Mozilla Foundation conducts Internet Health Report With the rather tumultuous recent climate surrounding big data and social media companies, such as the painfully recent issues Facebook has been undergoing regarding security and privacy surrounding people’s data and its mishandling of, in relation to the 87 million plus people that data firm Cambridge Analytica was able to obtain meaningful and private information on, it’s no wonder than many other companies are taking notice, not least of which is the Mozilla Foundation. Mozilla have released a report, with presumably more articles and analysis being added in time, titled the “Internet Health” report. Mark Surman, Executive Director of the Mozilla Foundation, describes...

Internet News (April 2018)

The Facebook Cambridge Analytica scandal Facebook has been weathering scandals to varying degrees almost since its inception, but this one tops them all to date and then some. While many companies over the years have been compromised for various reasons and customer data has been leaked, and most of said companies have survived these events, albeit not unscathed, Facebook’s latest situation is in a whole other league, especially considering that the exploitation of its network data didn’t even originate from an unauthorized hack. The centre of all this attention is because of Donald Trump and the fact that his political team utilised the services of Cambridge Analytica (CA) during his...

Internet News (March 2018)

5G Internet Is On The Horizon And It’s Pretty Awesome The latest giant leap in wireless internet technology is now on its way. Though 5G phones won’t be arriving until at least 2019 if not later, there have already been a few big demonstrations of the capabilities of a 5G network, not least of which have been at the recent Winter Olympics in South Korea, and the American Football Super Bowl that was held in Minneapolis. Korean Telecom (KT) partnered with Samsung and Intel at the Winter Olympics 2018 to demonstrate automated vehicles, and over 100 cameras were set up around the main ice rink that wirelessly streamed video to...

Internet News (February 2018)

No Moore? Moore’s Law no more? Named after Intel co-founder Gordon Moore in 1965, it was based upon his observation, built on condensing chip sizes after the rapid growth of transistors which up until recently doubled every two years. The theory was loved by engineers and computer scientists alike, due to the continuing and effortless performance benefits. Unfortunately, Moore’s Law has now faltered, as the power and growth of semiconductor technology has more recently slowed down. The multi-trillion dollar, world-wide semiconductor and electronics industry is slowly coming to terms with this, as engineers and computer scientists pose the question about how the industry will survive its demise. Contradicting events within...

Special Report: Cryptocurrency miners and the inflating price of PC gaming hardware

In the first of a series of Special Reports, Andy Cormack takes a look at what is happening out there on the internet that could affect us in ways that we hadn’t anticipated. Here, he takes a a deep look at a worrying trend in the costs of PC technology increasingly starkly in relation to a hitherto unthinkable use: using games graphics cards for serious number crunching rather than processing images.   And the prime suspects in this massive pricing hike? Cryptocurrency.  Here, Andy explains why. No doubt you’ve seen, or at least heard or read about, cryptocurrencies, most notable of which is of course, the infamous Bitcoin. While the astronomical...

Internet News (January 2018)

Bitcoin Still On The Rise, Hackers See Opportunity Breaking record after record, Bitcoin gained a huge 20% spike in price recently, bringing it up to around the $14,800 USD mark. Could there be a more obvious target then for hackers to focus their gaze upon? The crypto-mining marketplace company NiceHash has recently been hacked, resulting in nearly 5000 Bitcoin being stolen, with an estimated value of some $57 million at the time, which, just 24 hours later had risen to over $70 million. NiceHash, a cloud-based crypto-mining marketplace, was founded in 2014 as a means for people to connect from all over the world to farm out their computing power or rent...