Red Hat Inc eyes double-digit growth in next financial year

KUALA LUMPUR (April 23): Provider of open source software solutions, Red Hat Inc, is targeting a double-digit growth in the current financial year ending Feb 28, 2015, fueled by strong subscription growth for its Linux operating system.

For the just-ended financial year ended Feb 28, 2014, revenue increased to US$1.53 billion, from US$1.33 billion chalked up in the 2013 financial year.

For the fourth-quarter ended Feb 28, 2014, Red Hat's revenue rose 15 per cent to US$400 million, from the same quarter last year.

Asean Senior Director and General Manager, Damien Wong, said the company saw significant upturn in Malaysia, in terms of customer's interest, awareness and demand for Red Hat products and services, especially for its flagship product; Linux.

"Adoption rate is higher, since large organisations and enterprises have greater acceptance towards open source system," he told reporters, during a briefing on Red Hat's Business Performance and Strategic Initiative.

Meanwhile, Country Manager for Malaysia and Brunei, David Yap, said the company planned to expand its partner landscapes, which included resellers, original equipment manufacturers and system integrators in Malaysia.

"We are currently aiming for more independent software vendors to become our partners, in the near-future," said Yap.

The company also aimed to implement open and hybrid clouds systems, together with its next generation datacenters in Malaysia next year, in order to continuously improve customer support, to gain trust from local clients.

Red Hat provides innovative solutions to more than 90 per cent of the fortune companies, across several verticals, including financial services, technology and media telecommunications, service providers and government entities.

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Red Hat Inc eyes double-digit growth in next financial year

NIST removes cryptography algorithm from random number generator recommendations

15 hours ago by Jennifer Huergo

Following a public comment period and review, the National Institute of Standards and Technology (NIST) has removed a cryptographic algorithm from its draft guidance on random number generators. Before implementing the change, NIST is requesting final public comments on the revised document, Recommendation for Random Number Generation Using Deterministic Random Bit Generators (NIST Special Publication 800-90A, Rev. 1).

The revised document retains three of the four previously available options for generating pseudorandom bits needed to create secure cryptographic keys for encrypting data. It omits an algorithm known as Dual_EC_DRBG, or Dual Elliptic Curve Deterministic Random Bit Generator. NIST recommends that current users of Dual_EC_DRBG transition to one of the three remaining approved algorithms as quickly as possible.

In September 2013, news reports prompted public concern about the trustworthiness of Dual_EC_DRBG. As a result, NIST immediately recommended against the use of the algorithm and reissued SP 800-90A for public comment.

Some commenters expressed concerns that the algorithm contains a weakness that would allow attackers to figure out the secret cryptographic keys and defeat the protections provided by those keys. Based on its own evaluation, and in response to the lack of public confidence in the algorithm, NIST removed Dual_EC_DRBG from the Rev. 1 document.

The revised SP 800-90A is available at csrc.nist.gov/news_events/index.html#apr21 along with instructions for submitting comments. The public comment period closes on May 23, 2014. NIST will take those comments into consideration in making any revisions to SP 800-90A.

NIST recommends that vendors currently using Dual_EC_DRBG who want to remain in compliance with federal guidance, and who have not yet made the previously recommended changes to their cryptographic modules, should select an alternative algorithm and not wait for further revision of the Rev. 1 document.

NIST advises federal agencies and other buyers of cryptographic products to ask vendors if their cryptographic modules rely on Dual_EC_DRBG, and if so, to ask their vendors to reconfigure those products to use alternative algorithms.

A list of cryptographic modules that include Dual_EC_DRBG can be found at http://csrc.nist.gov/groups/STM/cavp/documents/drbg/drbgval.html. Most of these modules implement more than one random number generator. In some cases, the Dual_EC_DRBG algorithm may be listed as included in a product, but another approved algorithm may be used by default. If a product uses Dual_EC_DRBG as the default random number generator, it may be possible to reconfigure the product to use a different default algorithm.

Draft versions of related guidance, 800-90 B: Recommendation for the Entropy Sources Used for Random Bit Generation and 800-90 C: Recommendation for Random Bit Generator (RBG) Constructions, were also released for comment in September 2013 and are still under development.

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NIST removes cryptography algorithm from random number generator recommendations

The Future of Cryptocurrency, Investing, and Crowdfunding (Toronto #BitcoinExpo Highlights) #548 – Video


The Future of Cryptocurrency, Investing, and Crowdfunding (Toronto #BitcoinExpo Highlights) #548
You can keep up on future Toronto Bitcoin Expo events here: http://bitcoinexpo.ca You can find more about the speakers in the video here: BitAngels: http://w...

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The Future of Cryptocurrency, Investing, and Crowdfunding (Toronto #BitcoinExpo Highlights) #548 - Video

Dorian Nakamoto gets $23,000 payout over Bitcoin invention saga

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The California man who says he was mistakenly identified as the inventor of Bitcoin is accepting a $23,000 gift from backers of the cryptocurrency.

Dorian Satoshi Nakamoto said that he will be joining the ranks of Bitcoin users after receiving a wallet of 47.925 bitcoins (valued at roughly $23,300) from members of the community by way of a fundraising effort.

The 64-year-old former programmer found himself thrust into the public light earlier this year when Newsweek claimed him to be the "Satoshi Nakamoto" who first developed and introduced the Bitcoin cryptocurrency, which at its peak was valued at over $1,100 and still trades at over $400 through online exchanges.

The real-life identity of the person(s) behind the name "Satoshi Nakamoto" has been a closely-guarded secret, and with good reason: it is believed that the Bitcoin wallets associated with the persona are now worth hundreds of millions of dollars.

Since the report was first released, Dorian Nakamoto has denied the claims, stating that while he has a background in mathematics and coding, he had never heard of Bitcoin and did not even have a working internet connection in his home. Shortly after the release of the report, Dorian hired a lawyer to help defend his name in the matter.

In response, Bitcoin backers led by Blockchain chief security officer Andreas Antonopoulos began a fundraising effort on Dorian's behalf. That campaign brought 1,969 total donations to top off at a final balance of 47.92501973 BTC.

Even if he's not the creator of the cryptocurrency, it appears that Nakamoto will be getting a nice chunk of cash from Bitcoin. In a video posted by Antonopoulos, Nakamoto thanked the fundraisers, reaffirmed his denial of the Newsweek story and vowed to use the fund to become an active member of the Bitcoin community.

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Dorian Nakamoto gets $23,000 payout over Bitcoin invention saga

Brazil Conference to Sound Off on Future of Internet, NSA Spying

A global conference in Brazil on the future of the Internet in the wake of U.S. spying revelations might be much less anti-American than first thought after Washington said it was willing to loosen its control over the Web.

Bowing to the demands of Brazil and other nations following revelations last year of its massive electronic surveillance of Internet users, the United States has agreed to relinquish oversight of the Internet Corporation for Assigned of Names and Numbers (ICANN), a nonprofit group based in California that assigns Internet domain names or addresses.

"The focus has changed from a political reaction to the NSA allegations to one of more constructive criticism and talk about the future of the Internet," said William Beer, a cybersecurity expert based in Sao Paulo.

A National Security Agency data gathering facility is seen in Bluffdale, Utah, about 25 miles south of Salt Lake City.

The two-day Net Mundial conference in Sao Paulo, which will be opened on Wednesday by Brazilian President Dilma Rousseff, will discuss cybersecurity and how to safeguard privacy and freedom of expression on the Internet, as well as the shape of a future international body to oversee the decentralized digital network.

Officials from dozens of countries from China and Cuba to the United States and European nations will attend, but organizers say they will have no more voice at the event than Internet companies, academics, technical experts and groups representing Internet users.

"All of them should have equal participation in this multi stakeholder process," said Virgilio Almeida, Brazil's secretary for IT policy, who will chair the conference.

The event is not expected to result in any binding policy decisions, but Almeida said it will launch a high-profile debate that will "sow the seeds" for future reforms of the way the Internet is governed.

Rousseff was infuriated by revelations last year that the U.S. National Security Agency snooped on her personal emails and telephone calls with secret Internet surveillance programs. Other leaders, including Germany's Angela Merkel, were also targeted by the NSA surveillance.

The revelations by former NSA analyst Edward Snowden brought worldwide calls for the United States to reduce its control of the Internet, created 50 years ago to link the computers of American universities to the U.S. defense industry.

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Brazil Conference to Sound Off on Future of Internet, NSA Spying