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Lawrence Lessig Wants To Run For President So He Can Resign

Slashdot - Tue, 2015-08-11 13:49
An anonymous reader writes: Harvard law professor Lawrence Lessig has announced his intention to explore a bid for the U.S. presidency. By Labor Day, he will decide whether he has the support necessary to enter the Democratic primary. His goals are rather unusual — he says, "I want to run to be a different kind of president. 'Different' not in the traditional political puffery sense of that term. 'Different,' quite literally. I want to run to build a mandate for the fundamental change that our democracy desperately needs. Once that is passed, I would resign, and the elected Vice President would become President." His top picks for a running mate include Elizabeth Warren and Bernie Sanders. Lessig calls it a "Presidency as referendum," a hack for the U.S. Constitution to give more power back to the citizens. "In no plausible sense do we have a representative democracy in America today." In an interview with the Washington Post, Lessig added, "Until we find a way to fix the rigged system, none of the other things that people talk about doing are going to be possible."

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Insider trading ring hired Ukrainian hackers to scoop stock market – FBI

The Register - Tue, 2015-08-11 13:32
Stock price shifts anticipated by pinching corporate releases from newswires

The FBI says it has cracked open an insider trading ring which employed Ukrainian hackers to pinch corporate announcements from news wires and then traded stocks based on the unreleased information.…

Categories: news

B is for Brussels: Google's corporate rejig WON'T insulate firm against antitrust probes

The Register - Tue, 2015-08-11 13:06
Alphabet Show is diddly-squat to Commish. For now

Brussels confirmed late on Tuesday that Google's radical corporate shape-shifting that spawned parent company Alphabet would not "insulate" the Chocolate Factory from the EU's competition probes.…

Categories: news

Oracle Exec: Stop Sending Vulnerability Reports

Slashdot - Tue, 2015-08-11 13:06
florin writes: Oracle chief security officer Mary Ann Davidson published a most curious rant on the company's corporate blog yesterday, addressing and reprimanding some pesky customers that just will not stop bothering her. As Mary put it: "Recently, I have seen a large-ish uptick in customers reverse engineering our code to attempt to find security vulnerabilities in it." She goes on to describe how the company deals with such shameful activities, namely that "We send a letter to the sinning customer, and a different letter to the sinning consultant-acting-on-customer's behalf — reminding them of the terms of the Oracle license agreement that preclude reverse engineering, So Please Stop It Already." Later on, in a section intended to highlight how great a job Oracle itself was doing at finding vulnerabilities, the CSO accidentally revealed that customers are in fact contributing a rather significant 1 out of every 10 vulnerabilities: "Ah, well, we find 87 percent of security vulnerabilities ourselves, security researchers find about 3 percent and the rest are found by customers." Unsurprisingly, this revealing insight into the company's regard for its customers was removed later. But not before being saved for posterity.

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Categories: news

Incenting Drug Dealers to Snitch on Each Other

Schneier on Security - Tue, 2015-08-11 07:41
Local police are trying to convince drug dealers to turn each other in by pointing out that it reduces competition. It's a comical tactic with serious results: "We offer a free service to help you eliminate your drug competition!" Under a large marijuana leaf, the flier contained a blank form encouraging drug dealers to identify the competition and provide contact...
Categories: security