Tag Archives: Uses

From Fire Victims To Supply Chains, Trulioo Finds New Uses For KYC
July 9, 2018 6:41 pm|Comments (0)

, I write about finance and technology. Opinions expressed by Forbes Contributors are their own.

It’s forest fire season in California and that means Trulioo, a global identity verification company, could be called on to verify the identity of people who have lost their homes, said Zac Cohen, the company’s general manager. It’s a new use case for the eKYC company which usually finds clients for its global identity verification among financial firms seeking to meet Know Your Customer regulations.

Photo courtesy of Trulioo

Zac Cohen, general manager of Trulioo

“In a natural disaster you have a lot of organizations that want to distribute funds to individuals who have been affected by these tragedies,” said Cohen. “We help a lot of those aid agencies distribute funds and verify individuals who are in need,. A lot of times people take advantage of natural disasters to claim money when they aren’t on the accepted list for these aid agencies. Forest fires tend to be the most dramatic. We are used to verify and confirm individuals so they can get the funds they need for personal well-being.”

It’s a long way from enabling a bank account opening.

“Individuals will apply, create an account and make requests to aid agencies. The agencies  they try to confirm it is a legitimate individual. Then, when they distribute those funds, they do another check to make sure they are sending it to the right location.”

Trulioo has also expanded to verifying business identities, which it can do throughout a supply chain. Businesses no longer buy supplies from companies just down the street or on the other side of town, companies large and small are often sourcing internationally, Cohen said.

“They may run into a problem where the supply chain is so muddled they don’t know who ultimately is servicing them. Businesses have policies in place where they don’t want to leverage services from companies engaged in illicit activities, like forced labor in third world countries. When you have a large and complicated supply chain, it’s difficult to see who owns that business down the line.

The company has data on 250 million companies and uses its business verification and ID verification to run checks on businesses downstream, and the legal entities that own those businesses.

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North Korea Uses Microsoft and Apple Technology for Cyberattacks, Researchers Say
June 6, 2018 6:01 pm|Comments (0)

North Korea has been cited by several governments and organizations for its hacking activities. Now, a new study of network data shows much of the technology North Korea employs for hacking comes from the U.S.

Despite trade sanctions, North Korea’s government has found a way to obtain products from Apple, Microsoft, and Korea-based Samsung to carry out cyberattacks around the world, researchers at cybersecurity intelligence company Recorded Future revealed on Wednesday. The company found that North Korea is using Windows 10, Apple’s iPhone X, and Samsung’s Galaxy S8 Plus, among other technologies, to conduct operations. However, most of the technology North Korea is using is older. For instance, Recorded Future found an iPhone 4S and Windows 7, among other products, still in use.

North Korea has been isolated from the rest of the world for decades. During that time, the country’s economy has suffered and the U.S., among others, has imposed sanctions that limit a company’s ability to export to and sell in North Korea.

To circumvent those sanctions, according to Recorded Future, North Korea has engaged in a variety of activities to obtain access to U.S. and Korean technologies.

In its report, Recorded Future said that North Korea has created fake addresses and names to sidestep sanctions — and also used shell companies and aliases outside of its borders to obtain equipment and bring it back. North Koreans living in countries where equipment from Apple, Microsoft, and Samsung can be obtained legally also play a role in the effort, according to the report.

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“Technology resellers, North Koreans abroad, and the Kim regime’s extensive criminal networks all facilitate the transfer of American technology for daily use by one of the world’s most repressive governments,” Recorded Future wrote in its report.

In other cases, however, North Korea has obtained equipment legally. Since 2002, in fact, the U.S. has exported nearly $ 484,000 in computers and electronics to North Korea.

But, since that’s hardly enough for all of the ruling party, hacking efforts, and “elites” in the country who need the technology, North Korea has employed the other schemes, Recorded Future said.

The data sheds some light on the secretive country and could explain to some degree how it’s been able to pull off some major cyberattacks. North Korea’s hackers have previously been linked to the 2017 WannaCry ransomware attack that affected computers around the world. North Korea was also accused of hacking Sony in 2014.

“Unless there’s a globally unified effort to impose comprehensive sanctions on the DPRK, and multilateral cooperation to ensure that these sanctions cannot be thwarted by a web of shell companies,” Recorded Future wrote, “North Korea will be able to continue its cyberwarfare operations unabated with the aid of Western technology.”


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Adversity Is Bitter, But Its Uses May Be Sweet
June 5, 2018 6:06 pm|Comments (0)

I first recommended shares in CorEnergy (CORR) in January 2015 and I even titled my article, My REIT Underdog Pick For 2015, and then in November 2015, I wrote another article explaining that CORR was My Worst REIT Pick For 2015. I keep riding the bull hoping that CORR would eventually bounce back, and boy did it bounce.

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Over a year ago, I wrote an article titled, Could CORR Soar, Again?, in which I explained that:

“CorEnergy demonstrated success on both pillars of our thesis, suffering no economic changes to either lease…2016 proved to be a year of validation for CorEnergy and for the real estate investment trust structure as a way for investors to access the benefits of the infrastructure asset class.”

At the time I wrote the article (May 2017), I decided to upgrade CORR from a HOLD to a BUY and increased my target price to $ 31.00 per share. Since that time, CORR shares have increased by ~7% (closing at $ 36.17).

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Given the strong growth potential for “dedicated infrastructure” assets — mostly pipelines and storage assets — CORR offers a compelling value proposition driven by stable, high-cash-generating business models in the midstream that provide very desirable investment characteristics.

CORR owns assets that are critical to upstream counter-parties, that are located in desirable fields that are integral to their overall operations. CORR has proven that the revenue stream is reliable, even in periods of distress, as long as the assets are critical to the upstream operators. Having come out of the energy crisis with its strategy validated, CORR has become a battle-tested REIT that is now better prepared to scale into a safer investment platform. As Benjamin Graham famously said:

“Adversity is bitter, but its uses may be sweet. Our loss was great, but in the end we could count great compensations.”

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Photo Credit

What Are The Risks?

CORR is a guinea pig of sorts – the Kansas City-based REIT is the first Infrastructure REIT so there is somewhat of an acceptance risk. Although I now cover a number of other infrastructure companies like Hannon Armstrong (NYSE:HASI), Landmark Infrastructure (NASDAQ:LMRK), and InfraREIT (NYSE:HIFR), CORR is a unique player in the energy space. In other words, many investors don’t really understand what the company does and there are certainly no true peers to compare.

However, there’s also an opportunity: CORR can build a foothold – as the premier partner of choice in energy infrastructure sale/leaseback transactions. Instead of competing for deals in the open market, CORR can source off-market deals and essentially be the “go to” landlord of choice.

Because the leases are net lease structured (tenants pay for taxes, insurance, and maintenance), the only way the company would lose revenue is if the tenant defaulted under its lease contract. However, if one of its properties fails for whatever reason, it would have an enormous impact on earnings and dividends.

As a measure to combat these risks, CORR is continuing to grow in size such that it can mitigate tenant concentration.

CORR owns mission-critical assets and lease payments are “operating” expenses, not “financing” expenses. It’s important to note that in bankruptcy, real property operating leases are subject to special provisions.

Operating leases have priority in payment and bankruptcy. The CORR revenue stream, therefore, is resilient and protected even during bankruptcy. Therefore, the stock price moved with commodity prices in this cycle, while revenues and AFFO did not, demonstrating the benefit of CORR’s business model for investors seeking infrastructure assets in their portfolio.

The Portfolio

With commodity prices seeming to have firmed up, energy companies want to get back to production stability and growth, making them hungry for lower-cost capital. CORR can provide a source of funds from something that already exists on their balance sheet. They can sell relatively low-returning, critical assets and then redeploy those dollars into higher-return opportunities, thereby enhancing the value of their enterprise.

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Grand Isle: The GIGS includes 153 miles of undersea pipeline that transports oil and water from six Energy XXI fields and one field operated by Exxon Mobil (NYSE:XOM) in the Gulf of Mexico. The 16-acre terminal includes four storage tanks, a saltwater disposal facility with three injection wells, and associated pipelines, land, buildings and facilities. At the time of acquisition, the GIGS system transports approximately 60,000 barrels/day (18,000 oil and 42,000 water) and has a total capacity of 120,000 barrels/day.

The Grand Isle Gathering System is CorEnergy’s largest asset and is leased to Energy XXI Gulf Coast (NASDAQ:EGC) (continues to serve production from the Gulf of Mexico). Energy XXI announced that they will continue as a standalone company following their strategic analysis by Morgan Stanley, and they recently released their 2018 capital budget.

They anticipate drilling six new wells in 2018, which is the most robust drilling plan for that company in the last four years. Drilling will be focused in the West Delta and South Timbalier fields, both of which are located in what Energy XXI deems its core properties and each field is partially served by CorEnergy’s Liquids Gathering System in the Gulf of Mexico.

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Grand Isle Photo

The Pinedale Liquids Gathering System (LGS) consists of more than 150 miles of pipeline, with 107 receipt points and four central storage facilities located in the Pinedale Anticline in Wyoming. The system was acquired in 2012 and leased to a subsidiary of Ultra Petroleum (NASDAQ:UPL) (guaranteed by the parent company) under a triple-net participating lease with a 15-year initial term.

Ultra Petroleum has had much success in the Pinedale field this past year, particularly with its horizontal drilling test announced recently. In 2017, CorEnergy received approximately $ 0.5 million of participating rents from UPL based on higher levels of production.

Given CorEnergy’s conviction in the reserve profile of this field and demonstrated level of utilization, the company purchased a minority equity interest in the Pinedale LGS, which was previously held by CORR’s partner for initial capital of $ 32.9 million. Pru also was going to remain involved in the asset and provided CORR with $ 41 million of asset level debt, which was utilized for the equity buyout.

CorEnergy has been evaluating the purchase of the remaining interest in the Pinedale LGS as if it were a new asset, subject to the same level of diligence, processes and procedures as any other unrelated asset.

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Pinedale Photo

Acquired in January 2014, the Portland Terminal Facility is a 39-acre rail and marine transloading terminal on the Willamette River in Portland, Oregon. The site has 84 tanks with a total storage capacity of approximately 1.5 million barrels and is capable of receiving, storing and delivering crude oil and refined petroleum products. The property is leased to Arc Terminals (guaranteed by Arc Logistics) under a triple-net lease with a 15-year initial term.

At the Portland Terminal, Zenith Energy (OTC:CANIF) completed its acquisition of Arc Logistics in December. This provided Zenith with options including an option to buy the terminal from CorEnergy, which remains live through the end of the lease as well as early termination options at the 5th and 10th anniversary of the lease.

In January, CorEnergy agreed to extend that first notification period from February 1 to August 1 due to the recent fee of the acquisition by Zenith and the ongoing discussions with their new management team around long-term plans for the terminal. CorEnergy believes the Portland Terminal’s strategic location at the Pacific Northwest as well as the versatility of that terminal make it a valuable asset, and CORR is not anticipating that Zenith will exercise their termination option.

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Portland Terminal Photo

Omega Pipeline Company owns and operates a natural gas distribution system primarily serving the U.S. Army’s Fort Leonard Wood in south-Central Missouri. In addition, Omega provides natural gas marketing services to several customers in the surrounding area. Omega has a long-term contract with the Department of Defense. CorEnergy provides REIT-qualifying intercompany mortgage financing to MoWood, a taxable REIT subsidiary of CorEnergy that owns Omega, secured by the 70-mile pipeline system.

Also with regard to the Omega Pipeline, CorEnergy received a private letter ruling from the IRS which enabled the company to designate the income from its contract with Ford Leonard Wood as REIT qualifying income. CORR subsequently converted Omega into a REIT subsidiary from a taxable REIT subsidiary. As the energy infrastructure real estate world continues to take shape, this PLR helps to solidify CorEnergy’s position as a pioneer in this front.

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Omega Pipeline Photo

The MoGas Pipeline System is an approximately 263-mile interstate natural gas pipeline system which originates in northeast Missouri and extends into Western Illinois and Central Missouri. The pipeline maintains receipt points with Mississippi River Transmission Corporation in Eastern St. Louis and with Panhandle Eastern Pipe Line Company and Rockies Express Pipeline on the northern end of the system.

With regard to the MoGas Pipeline, CORR continues to look at options available to offset the impact of the upcoming decline in rates and the new Spire contract, which is effective in November of this year. CORR anticipates filing a rate case in the second quarter of 2018.

Despite the upcoming decrease in rates charged to Spire for usage of CORR’s MoGas pipeline, CORR expects the decreased revenues to be adequately mitigated by the accretion from the increased ownership interest in the Pinedale LGS, the results of deferred rate case for MoGas, and growth from existing contracts through CPI based escalators as well as participating rents.

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MoGas Photo

The Balance Sheet

CORR’s capital structure remains largely unchanged from year-end, with total debt to total capitalization ratio at the low-end of the target range at 25%. Also, there remains some capacity to issue additional preferred shares as the company is under its target of 33% preferred to total equity.

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CORR has around $ 142 million of availability at quarter-end, as the company continues to prudently manage its utilization, considering the status of the borrowing base assets and potential uses for growth. CORR has access to diversified pools of capital, using its existing financial tools as well as potential for co-investors and project level debt.

In a recent interview, CORR’s CEO, David Schulte, said:

“We expect to transact on one or two acquisitions per year. Although we didn’t acquire a new third-party asset in 2017, we feel we have gotten back on stable footing after the recent energy crisis. We had five significant investigations of assets, one of which is still ongoing. The others were at various stages of due diligence or documentation, but we decided to not proceed due to our strict underwriting criteria.”

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He went on to say that “the $ 50 million-$ 250 million size range is suitable for our capacity to transact by ourselves. If it’s much smaller, the documentation and process may not be worth it. For larger transactions, we have developed many promising relationships with well-known infrastructure investors who have expressed interest in co-investing with CorEnergy”

CORR has broad access to capital and appeal to investors that have low risk, long-term horizons for their investment capital. As Schulte explained:

“Investors that buy utilities and REITs generally want to sleep at night. They don’t need high growth, but they want limited risk. We acquire critical assets that have long-duration, contracted cash flows that will enable our investors to have peace of mind, while we selectively provide much-needed capital to energy companies as they return to growth.”

Its Uses May Be Sweet…

As viewed below, CORR’s diluted net income, NAREIT FFO and FFO adjusted for securities are higher sequentially, largely due to the increased income tax expense back in the fourth quarter associated with the impacts of tax reform.

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Each of these earnings metrics displayed, including AFFO, was impacted in the first quarter by adoption of the new revenue recognition accounting standard.

While the majority of CORR’s revenue was not impacted under the new guidance, revenue from MoGas’ long-term contract with Spire, which has the downward revision in rates starting in November of this year, is required to be recorded ratably over the contract’s 13-year term on a straight line basis. Previously, CORR had recognized revenue from this contract as it was invoiced.

As a result, the AFFO coverage ratio to dividends for the quarter declined to 1.35x, which after adjusting for the prior target coverage ratio of 1.5x for the nearly $ 1 million impact of the straight line revenue change, it is approximately in line. Also, CORR recently declared its 11th consecutive $ 0.75 common dividend for Q1-18.

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Although CORR does not have the diversification of the peers, we like the company’s conservative capitalization strategy, and modest payout ratio (also CORR continues to receive participating rents, which contribute to increase the dividend coverage). While CORR has capacity to grow the dividend, the company recognizes the dividend is already attractive, as viewed below:

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Over the last few years, we have learned a lot about CORR and the company’s ability to manage and control risk. While we were skeptical of the REIT during the energy cycle, we remain bullish in regard to the company’s business model and specifically the diligence in sourcing critical mission assets.

In 2018, CORR expects to generate $ 61.4 million of rental income and that could jump about 25% by 2021. FAST Graphs estimates similar growth potential, as viewed below:

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Keep in mind, this estimate is just an analyst scorecard and there are only 4 analysts referenced in the estimate, but the potential for growth cannot be underestimated. Fellow Seeking Alpha writer, Kevin Cavanagh, has a 12-month price target pegged at $ 40.00. I’m going to be a tad more aggressive based on the estimates above and forecast the company to hit $ 40 year-end.

The primary catalyst is tax reform, as I believe we will continue to see growth in corporate spending and CORR’s sale/leaseback platform is perfectly aligned for companies to lease back the critical real estate to generate higher ROE. While the retail REIT market is continuing to understand the implications for a dark Sears or Toys-r-Us store, there is little doubt that CORR’s assets are critical and the potential for vacancies is extremely low. Besides, I like to see a company that can weather a storm and is battle-tested. “Adversity Is Bitter, But Its Uses May Be Sweet”.

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All Strong Buy picks can be viewed in my Marketplace service (The Intelligent REIT Investor).

Note: Brad Thomas is a Wall Street writer, and that means he is not always right with his predictions or recommendations. That also applies to his grammar. Please excuse any typos, and be assured that he will do his best to correct any errors, if they are overlooked.

Finally, this article is free, and the sole purpose for writing it is to assist with research, while also providing a forum for second-level thinking. If you have not followed him, please take five seconds and click his name above (top of the page).

Source: F.A.S.T. Graphs and CORR Investor Presentation.

Other REITs mentioned: (AMT), (CCI), (HASI), (LMRK), and (UNIT).


I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.


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Nvidia Uses AI to Reconstruct Damaged Images
April 24, 2018 6:12 pm|Comments (0)

Software maker Nvidia (NVDA) has introduced a new way to edit or reconstruct images using artificial intelligence.

The deep learning method uses a process the company calls “image inpainting.” It can reconstruct images that could be missing pixels and can remove unwanted content within a photo and replace it with a computer-generated alternative.

“Our model can robustly handle holes of any shape, size location, or distance from the image borders. Previous deep learning approaches have focused on rectangular regions located around the center of the image, and often rely on expensive post-processing,” the NVIDIA researchers stated in their research paper. “Further, our model gracefully handles holes of increasing size.

For example, when you use Nvidia’s technology on a blank space where there is supposed to be a nose, instead of filling the space with its surrounding, the software adds a computer-generated nose.

The company hasn’t offered a time for when this technology could be released, but they do see it someday being implemented into current photo-editing software.

Nvidia, founded in the 1990s, makes graphics chips that can be found in computers, video games, and even self-driving cars. The company has currently been dominating the AI scene and even made its debut in the Fortune 500 last year at #387. The cofounder and CEO, Jen-Hsun “Jensen” Huang was also Fortune’s Businessperson of the Year for 2017.

Watch the video from Nvidia about this state-of-the-art technique below.


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Polls show Facebook losing trust as firm uses ads to apologize
March 25, 2018 6:05 pm|Comments (0)

SAN FRANCISCO/LONDON (Reuters) – Opinion polls published on Sunday in the United States and Germany indicated that a majority of the public were losing trust in Facebook over privacy, as the firm ran advertisements in British and U.S. newspapers apologizing to users.

FILE PHOTO: Facebook Founder and CEO Mark Zuckerberg speaks on stage during the annual Facebook F8 developers conference in San Jose, California, U.S., April 18, 2017. REUTERS/Stephen Lam

Fewer than half of Americans trust Facebook to obey U.S. privacy laws, according to a Reuters/Ipsos poll released on Sunday, while a survey published by Bild am Sonntag, Germany’s largest-selling Sunday paper, found 60 percent of Germans fear that Facebook and other social networks are having a negative impact on democracy.

Facebook founder and chief executive Mark Zuckerberg apologized for “a breach of trust” in advertisements placed in papers including the Observer in Britain and the New York Times, Washington Post and Wall Street Journal.

“We have a responsibility to protect your information. If we can’t, we don’t deserve it,” said the advertisement, which appeared in plain text on a white background with a tiny Facebook logo.

The world’s largest social media network is coming under growing government scrutiny in Europe and the United States, and is trying to repair its reputation among users, advertisers, lawmakers and investors.

This follows allegations that the British consultancy Cambridge Analytica improperly gained access to users’ information to build profiles of American voters that were later used to help elect U.S. President Donald Trump in 2016.

U.S. Senator Mark Warner, the top Democrat on the Senate Intelligence Committee, said in an interview on NBC’s Meet the Press” on Sunday that Facebook had not been “fully forthcoming” over how Cambridge Analytica had used Facebook data.

Warner repeated calls for Zuckerberg to testify in person before U.S. lawmakers, saying Facebook and other internet companies had been reluctant to confront “the dark underbelly of social media” and how it can be manipulated.


Zuckerberg acknowledged that an app built by a university researcher had “leaked Facebook data of millions of people in 2014”.

A figurine is seen in front of the Facebook logo in this illustration taken March 20, 2018. REUTERS/Dado Ruvic

“This was a breach of trust, and I’m sorry we didn’t do more at the time,” Zuckerberg said, reiterating an apology first made last week in U.S. television interviews.

Facebook shares tumbled 14 percent last week, while the hashtag #DeleteFacebook gained traction online.

The Reuters/Ipsos online poll found that 41 percent of Americans trust Facebook to obey laws that protect their personal information, compared with 66 percent who said they trust Amazon.com Inc, 62 percent who trust Alphabet Inc’s Google, 60 percent for Microsoft Corp.

The poll was conducted from Wednesday through Friday and had 2,237 responses. (reut.rs/2G9hvrv)

The German poll published by Bild was conducted by Kantar EMNID, a unit of global advertising holding company WPP, using representative polling methods, the firm said. Overall, only 33 percent found social media had a positive effect on democracy, against 60 percent who believed the opposite.

It is too early to say if distrust will cause people to step back from Facebook, eMarketer analyst Debra Williamson said in an interview. Customers of banks or other industries do not necessarily quit after losing faith, she said.

“It’s psychologically harder to let go of a platform like Facebook that’s become pretty well ingrained into people’s lives,” she said.

Data supplied to Reuters by the Israeli firm SimilarWeb, which measures global online audiences, indicated that Facebook usage in major markets and worldwide remained steady over the past week.

“Desktop, mobile and app usage has remained steady and well within the expected range,” said Gitit Greenberg, SimilarWeb’s director of market insights. “It is important to separate frustration from actual tangible impacts to Facebook usage.”

Additional reporting by William James in London, Dustin Volz in Washington D.C. and Chris Kahn in New Editing by Kevin Liffey


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Cloud Computing uses late charge to overtake Classic Empire, win Preakness
July 12, 2017 5:30 pm|Comments (0)

Cloud Computing (2), ridden by Javier Castellano, wins the 142nd Preakness Stakes horse race ahead of Classic Empire, ridden by Julien Leparoux, …

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EternalRocks network worm uses 7 NSA hacking tools
May 21, 2017 9:20 pm|Comments (0)

While you won’t be forgetting the WannaCry ransomware attack, it is likely you will be hearing a lot more about the alleged NSA-linked EternalBlue exploit and DoublePulsar backdoor as it seems a wide range of bad guys have them in their toyboxes. At least one person is leveraging seven leaked NSA hacking tools for a new EternalRocks network worm.

EternalBlue and DoublePulsar

Malwarebytes believes WannaCry did not spread by a malicious spam email campaign, but by an scanning operation that searched for vulnerable public facing SMB ports, then used EternalBlue to get on the network and DoublePulsar to install the ransomware.

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‘Pepper’ robot uses trial-and-error learning to master a child’s game
September 28, 2016 9:43 am|Comments (0)

Robots, much like children, are now using simple games to learn important skills. Pepper, SoftBank’s adorable humanoid robot, recently learned to play ball-in-a-cup (also called ring and pin) in an effort to better understand optimal trajectory. In the beginning, SoftBank’s team demonstrated the game to the robot by guiding its arm. By the end of the video below, Pepper no longer required their assistance. It took 100 tries, but each failed attempt left Pepper to analyze and try to improve upon past performance, much like a human. After each failed attempt, the robot attempted to alter the movement slightly in an…

This story continues at The Next Web


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Engineering firm uses cloud storage to speed file loads, and then unplugs its MPLS net
September 8, 2016 1:11 pm|Comments (0)

Woodard & Curran is a $ 200 million integrated engineering, science, and operations company based in Portland, Maine, but has offices scattered across the country. Kenneth Danila, Director of Information Systems, recently helped migrate the company to a cloud based storage system from Panzura to eliminate long delays in sharing huge engineering files, and that shift enabled the company to swap out its expensive MPLS network. Ancillary benefits included a painless way to migrate from one cloud supplier to another (AWS to Azure), and a way to limit the threat of ransomware.  Network World Editor in Chief John Dix recently caught up with Danila in his Dedham, MA office. 

To read this article in full or to leave a comment, please click here


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Ledge uses Venmo to make borrowing money and paying it back dead simple
January 29, 2016 4:40 am|Comments (0)

We’ve all been there – sometimes you simply need to borrow money. Whether it’s for a big investment, moving to a new place or life just getting a little rough, Ledge aims to make it dead simple to borrow money from friends, family and others – and actually pay them back. It essentially works like a crowdfunding platform, but with a few twists. After borrowers create a campaign explaining how much cash they need, they give the loan interest rate (which adds a lending incentive), and specify the number of installments payments will be made over.   Like on several other platforms, funds aren’t available…

This story continues at The Next Web

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