7 February 2021 | Curated by Matt Devost
For me it is a snow storm, a hockey game, and the Super Bowl. Queue up the wings and nachos and have a great day. This week on the Global Frequency...
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Google says finding security flaws is too easy. (Read More)
Two vulnerabilities could allow for remote takeover of satellite assets. (Read More)
Cyberattackers released detailed medical files from two hospitals. (Read More)
How the United States lost to hackers. (Read More)
The Reddit stocks crashed and burned. If ever there was a short-term Gray Rhino of inevitable risk, this was it. (Read More)
Robots need to learn to get along. (Read More)
The Chinese were also exploiting SolarWinds. (Read More)
The hedge fund that made $700m on Gamestop. They were long pre-WSB. (Read More)
The Chinese "spamoflauge" tactic of cyber influence operations. (Read More)
Update your Chrome browser ASAP. (Read More)
Myanmar shuts down Internet access for citizens. (Read More)
Fact or Fiction:
I believe we are currently in left of bang on a shift in the global economic system, so in addition to reading about emerging decentralized finance technologies, I'm going to be reading about some of the recent history of investment firms with a mix of failed and successful entities. "When Genius Failed: The Rise and Fall of Long-Term Capital Management" by Roger Lowenstein is a fascinating look at a failed firm that seemed to have hedged a bet against a sure-thing. It is a compelling story, with a lot of detail regarding the behind-the-scenes mechanics of positioning the fund and serves as a good study in risk management. The founders of the company were Nobel Prize smart, previously successful, and that still wasn't enough. (Amazon Link)
Quote of the Week:
"Optimize for integrity whenever possible because integrity compounds and assholes will fuck you." - Chamath Palihapitiya
Recommendation of the Week:
If you are a Netflix subscriber, check out the series Connected, and more specifically the 4th episode entitled "Digits". It is a very interesting look at Benford's law. I'm going to watch it again.
Want more book recommendations from Matt? Visit the Amazon List.