Monday, September 14, 2020

Darkbeast: How Creative Workers Are Adapting During Shutdown

 “To be able to know and still say nothing often seems to me the most creditable of human accomplishments.”

~James Gould Cozzens, By Love Possessed

Don't pay the ransom, mate. Don't even fix a price, say Australia's cyber security bods

Better yet - do the basics and your systems won't get encrypted in the first place

Hacked: 'Best Australian financial data' for sale on the dark web

Stolen data from Australian businesses is being auctioned on the dark web for up to $US60,000 ($82,000) by hackers, with some selling access to loan information, drivers' licences, Medicare cards and passports.

In one case, access to the active loan dashboard of a finance company was auctioned for $US1000. According to the auction details, the buyer received information on 3700 active loans and 3800 closed and pending loans.

"Client documents have IDs (DL or passport, sometimes Medicare even payment card pictures and scans)," the threat actor known as Ronny posted on an underground Russian-language forum.


AlphaBay darknet market moderator sentenced to 11 years in Jail

‘Criminals cannot hide behind technology to break the law,’ a US attorney stated.

One of the men responsible for moderating content on the now defunct AlphaBay darknet market will be in jail until 2031.

According to a Sept. 1 statement from the U.S. Department of Justice, 26-year-old Bryan Connor Herrell was sentenced to 11 years in prison for conspiring to engage in a racketeer-influenced corrupt organization, for his role as a moderator on AlphaBay. The platform was one of the largest online marketplaces for drugs as well as guns, credit card data, and other illegal items, paid for with cryptocurrency.

How US Consumers Use Their Stimulus Payments

Contrary to right wing beliefs, giving citizens stimulus payments didn’t lead them to loaf.

Declining Business Dynamism…The Role of the Burden of Knowledge

There is a new and important and I believe largely true paper from Thomas Astebro, Serguey Braguinsky, and Yuheng Ding:

We document that since 1997, the rate of startup formation has precipitously declined for firms operated by U.S. PhD recipients in science and engineering. These are supposedly the source of some of our best new technological and business opportunities. We link this to an increasing burden of knowledge by documenting a long-term earnings decline by founders, especially less experienced founders, greater work complexity in R&D, and more administrative work. The results suggest that established firms are better positioned to cope with the increasing burden of knowledge, in particular through the design of knowledge hierarchies, explaining why new firm entry has declined for high-tech, high-opportunity startups.

Here is the link.

How Creative Workers Are Adapting During Shutdown

The coronavirus pandemic has ravaged all parts of the economy, and culture workers are among the hardest hit. Yet some have managed to keep their jobs — and even thrive — while others are still struggling or have pivoted to new roles. – The New York Times


Research reveals extent of outsourcing Australian Public Service jobs

REVOLVING DOOR: Defence, the ATO, and Services Australia have spent the most on contractors, while companies such as Manpower, Serco and Datacom have been awarded the most.



Why would Australia Post go out of its way to deliver Pauline Hanson’s stubby holders?

IT'S WHAT PEOPLE DO MORE-SO THAN WHAT THEY SAY: It’s difficult to imagine what kind of reasoning was behind this ‘gift’.



NSW government avoids shakeup over koala policy … for now

HOW MUCH MORE CAN THEY TAKE? While the parties remain divided, it will be up to the Nationals to decide whether Barilaro remains the state leader.