Apple’s Encryption Will Slow, Not Stop, Cops And Spies

Oct. 2 (Bloomberg) -- While the newest Apple and Google smartphones will automatically encrypt data stored on them, that wont keep U.S. law enforcement and intelligence agencies from obtaining evidence linked to the devices. Bloombergs Jordan Robertson reports on Bloomberg West. (Source: Bloomberg)

While the newest Apple Inc. (AAPL) and Google Inc. (GOOGL) smartphones will automatically encrypt data stored on them, that wont keep U.S. law enforcement and intelligence agencies from obtaining evidence linked to the devices.

Marketing by the two companies in which they pledge to shield photos, documents, contact lists and other data from the prying eyes of government or hackers won plaudits from privacy advocates. It also drew condemnation from U.S. Attorney General Eric Holder, FBI Director James Comey and local police officials who say it will make it harder to investigate crimes ranging from child abuse to drug trafficking and terrorism.

Those assertions are wildly exaggerated because police can still obtain evidence through traditional court warrants while revelations about government spying show the National Security Agency can break or bypass encryption for terrorism investigations, said Jonathan Turley, a constitutional-law professor at The George Washington University Law School.

Citizens should not assume that these encryption devices will necessarily prevent government from intercepting communications, Turley said in a phone interview. If history is any guide, the government will find a way to penetrate these devices.

The issue has renewed tension between law enforcement and intelligence agencies and technology companies trying to stand up for the privacy rights of their users. Apple, Google and other companies have been trying to restore their reputations after revelations by former NSA contractor Edward Snowden that they cooperated with government spying programs in the past.

The companies announced in recent weeks that their new phones will automatically scramble data so that a digital key kept by the owner is needed to unlock it, making it harder for detectives to examine the content of suspects phones without their knowledge or cooperation. Previously, such encryption was an option that required users to endure a time-consuming process to activate.

This is going to have a very big impact on law enforcement, said Stewart Baker, a former general counsel for the NSA and now a partner at the law firm Steptoe & Johnson LLP in Washington. There will be crimes that people get away with because this information is not available.

However, many traditional investigative methods will still work, he said.

Wiretaps would still work. You can also get call-details records, he said. Thats available from the phone companies and its not affected by this decision.

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Apple’s Encryption Will Slow, Not Stop, Cops And Spies

MegaCryption PC/IX v2.0 Offers Enhanced Cryptographic Options and Simplified End User Experience

Naples, FL (PRWEB) October 02, 2014

Advanced Software Products Group, Inc. (ASPG) has released version 2.0 of MegaCryption-PC and MegaCryption-IX, the fastest growing encryption tool for file cryptography on Windows, Unix, and Linux computers. MegaCryption-PC, for Windows, and MegaCryption-IX, for Unix and Linux, may be freely distributed for use on Windows, Unix, or Linux systems and are compatible with both OpenPGP and S/MIME cryptography standards. MegaCryption-PC and MegaCryption-IX include an intuitive graphical user interface, and also a command-line interface for power-users.

The new release of MegaCryption-PC/IX v2.0 offers broader compatibility with popular cryptographic systems used on many operating platforms. Designed for compatibility with GnuPG v2.0 and MegaCryption-z/OS, the MegaCryption-PC/IX v2.0 supports more symmetric algorithms, larger asymmetric key sizes, X.509 keys, as well as S/MIME and CMS cryptography. Users of MegaCryption-PC may now operate file encryption and decryption seamlessly by using the familiar Windows Explorer File Manager dialog. MegaCryption-PC/IX v2.0 includes an updated GUI interface as well.

While MegaCryption-PC/IX previously featured comprehensive key management, MegaCryption-PC/IX v2.0 introduces a configuration manager to facilitate site security policies and user preferences. MegaCryption-PC/IX v2.0 intuitively selects the appropriate format for encryption based on the type of public key selected by the user. These features are ideal for new users of cryptography or expert cryptographers who prefer strong cryptography that is simple to use.

Another security enhancement within MegaCryption-PC/IX v2.0 is the pin-entry secure passphrase tool. The pin-entry tool improves security for using passwords and passphrases with the file cryptography and key management programs in MegaCryption-PC/IX. Users must have the authority to access secret files and also authenticate their access to a secure key before operating decryption or digital-signature features. Without the appropriate access permission and key-authentication, end users will be unable to operate secure file operations using MegaCryption-PC/IX.

As a file-level cryptography tool, MegaCryption-PC/IX provides a comprehensive approach to compressing and encrypting virtually any file in your Windows, Unix, or Linux environment while complementing any communication level encryption process you may already have in place. MegaCryption-PC/IX can be used as a stand-alone product or interoperate with MegaCryption-z/OS on the mainframe to protect sensitive data throughout the enterprise.

Interested parties may read more about the MegaCryption-PC/IX for Windows, Unix, and Linux, or MegaCryption for z/OS software on the ASPG web site. Free trials of the software are also available.

About Advanced Software Products Group For nearly 30 years, ASPG, an IBM and Microsoft partner, has produced award-winning software for data centers worldwide, specializing in data security, storage administration, and systems productivity. ASPG is pleased to provide solutions for a majority of the GLOBAL 1000 data centers.

For more information about ASPG, please contact our Sales Team by phone at 800-662-6090 (Toll-Free) or 239-649-1548 (US/International), 239-649-6391 (fax) or email at aspgsales@aspg.com. You can also visit the ASPG website at http://www.aspg.com.

Press Contact: David Vertin, Director of Marketing Advanced Software Products Group, Inc. 3185 Horseshoe Drive South, Naples, FL 34104 Phone: 239.649.1548 Fax: 239.649.6391 Email: david.vertin(at)aspg(dot)com

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MegaCryption PC/IX v2.0 Offers Enhanced Cryptographic Options and Simplified End User Experience

Reddit’s Cryptocurrency Could Have Many Uses

Reddit is considering creating a cryptocurrency backed by shares of the company. These shares would then be redistributed back to the community in recognition of the role it has played in the sites success.

Or that at least is the plan for some of the $50 million the company raised in funding from a group of investors that include Sam Altman, president of Y Combinator, Alfred Lin of Sequoia Capital and Marc Andreessen of Andreessen Horowitz.

Other investors participating in the round, according to CEO Yishan Wongs blog post on the subject, include Peter Thiel, Ron Conway, Paul Buchheit, Jared Leto, Jessica Livingston, Kevin and Julia Hartz, Mariam Naficy, Josh Kushner, Snoop Dogg, and Yishan Wong.

The capital will be applied to a number of projects, Wong wrotethe company plans to hire more staff for product development, expand the community management team, build better moderation and community tools, work more closely with third party developers to expand its mobile offerings, improve the self-serve ad product, build out Redditgifts marketplace and invest in the infrastructure.

The investors also pledged to give back 10 percent of their shares to the community. In the comments section, Wong went into more detail about how that could occur.

We are thinking about creating a cryptocurrency and making it exchangeable (backed) by those shares of reddit, and then distributing the currency to the community. The investors have explicitly agreed to this in their investment terms.

Nothing like this has ever been done before. Basically we have to nail down how to do each step correctly (it is technically, legally, and financially complex), though in our brief consultation with an ex-SEC lawyer, he stated he could find nothing illegal about this plan. Nevertheless, there are something like 30 different things we have to pull off to make this work, so were going to try.

Wong freely acknowledges the plan could fail and if it does, its back to the drawing board for a plan to reward the community.

But it is unlikely Reddit would junk the entire project without salvaging something from it.

Last month Daily Dot noted that Reddit was seeking a cryptocurrency engineersomeone with a background in math or computer science to explore new technology applications and infrastructure involving the blockchain and cryptocurrency.

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Reddit's Cryptocurrency Could Have Many Uses

Cryptocurrency Round-Up: Australian Bitcoin Inquiry and Rand Paul Donation

Most major cryptocurrencies have once again suffered from a market-wide downturn.(IBTimes UK)

Bitcoin and other cryptocurrency markets have taken another tumble following a few days of relative stability, with dogecoin the worst affected by the downturn with a price dive of over 15% since yesterday.

Across all markets, one of the biggest gains came from Isracoin, the unofficial cryptocurrency of Israel. A second airdrop to Israeli citizens is currently underway, which has pushed Isracoin's price up by 35% over the last 24 hours.

Inquiry into Australian bitcoin taxation

An inquiry into the definition of cryptocurrencies like bitcoin under Australian taxation laws has been called for by chairman of the Australian Digital Currency Commerce Association (ADCCA), Ronald Tucker.

In August 2014 the Australian government classified bitcoin as a non-monetary entity as a result of concerns it could be used to assist tax avoidance.

"I am pleased the inquiry announced today will look at tax treatment issues, which I hope will lead to a correction of the current interpretation of bitcoin as a taxable supply," Tucker said in a statement.

"ADCCA recognises the need to bring digital currencies under the auspices of appropriate regulatory bodies to ensure the highest standards of consumer protection and safeguard national security."

BitPAC to donate to politicians

Eight US Congress members, including Rand Paul, Chuck Schumer, and Paul Ryan, are to receive $250 in bitcoin donations as part of a new initiative to spread political awareness of the cryptocurrency.

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Cryptocurrency Round-Up: Australian Bitcoin Inquiry and Rand Paul Donation

Reddit gets $50m funding, plans new cryptocurrency to share the wealth

Self-styled front page of the Internet site Reddit.com is flush with case all of a sudden, after confirimg a new $50 million funding round. Its a bucket-load of cash to be sure, but whats more interesting is that the site is promising as much as 10 percent of the amount will be shared with community members through the creation of a new cryptocurrency.

Reddit users do deserve a share of the spoils, for theyve helped make the site the huge success it is today. One thing its particularly good at is spotting Internet trends and news long before the mainstream media does, and of course its a great place to find things like stolen nude celebrity photos or hunt for terrorists.

Reddit CEO Yishan Wong wrote in a blog post that the investors have agreed to hand over 10 percent of their shares to community members, as part of the terms of the deal. However, it seems Reddit doesnt know exactly how its proposed cryptocurrency will work just yet. It could be that the cryptocurrency is used as a kind of ownership token of shares in the site a concept thats been proposed by several crypto 2.0 projects in the past.

Nor is Reddit the only company to announce a plan like this Overstock.com made a similar announcement last July.

Wong attempted to clarify things on the r/blog subreddit, saying that the idea is to create a special-purpose cryptocurrency backed by the values of shared created by this funding round. We are thinking about creating a cryptocurrency and making it exchangeable (backed) by those shares of reddit, and then distributing the currency to the community, wrote Wong. The investors have explicitly agreed to this in their investment terms.

Given the potential benefits for site users, Wong feels the idea is worth trying, although he warns that Reddit is currently just exploring the idea. CAVEAT: KEEP IN MIND THAT THIS PLAN COULD TOTALLY FAIL, he added in a later post.

As for the rest of the money, Reddit plans on using it to bolster its production development staff and community management teams, and to increase its mobile presence. Just this month, Reddit launched an official mobile app for its popular Ask Me Anything sessions, so we can expect to see more developments in this area.

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Reddit gets $50m funding, plans new cryptocurrency to share the wealth

Reddit is planning its own cryptocurrency to give users part ownership of the site

It seems like theres a cryptocurrency for everything these days, so why not Reddit? The social news site, which calls itself the front page of the internet, has just raised $50 million in venture capital based on a total valuation of $500 million. Reddit CEO Yishan Wong says that 10% of that money is earmarked for the Reddit community itself. As for how to distribute the shares, Reddit is looking at creating its own cryptocurrency similar to Bitcoin, but hopefully more long-lived than Coinye.

With existing cryptocurrencies, users can mine more units of the currency by running increasingly difficult computations on computer hardware. This proof of work entitles them to a certain share of new coins when they are created. In some cases, this computation also works to keep the transaction records in sync so coins cant be spent more than once. Reddits cryptocurrency, however, will be backed by the allocated shares of Reddit.

If this plan is actually put into action, each share would presumably be sliced up into smaller pieces represented by a snippet of code handed out to members of the community. It is unclear how it would be distributed the Reddit user base is vast and many people have multiple accounts. Whoever is granted their own sliver of Reddit could use that Redditcoin however they like sell it, trade it, give it away, or hide it and watch as it appreciates in value.

There are still plenty of legal and logistical challenges standing in the way of making Redditcoins a reality. Its possible the idea will fall apart, but investors did agree to the plan in theory when handing their money over to Reddit. If this doesnt work, Reddit will find another way to give shares of Reddit to the community.If it works, they would be crazy not to call it Reddit Gold, which is the optional premium version of Reddit.

Now read:The best porn and gore of Reddit

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Reddit is planning its own cryptocurrency to give users part ownership of the site