Crypto
Virtustream Adds a New Software-as-a-Service tool Support to its Risk
Enterprise cloud and managed services company Virtustream Inc. says the new capabilities in its latest platform release make it easier than ever to migrate on-premises software applications to the cloud.
The company, which is a subsidiary of Dell Technologies Inc., said the new version of its Virtustream Enterprise Cloud released today comes with significant cloud automation features. With these additions, lengthy tasks that previously required manual oversight by information technology teams can now be done automatically and securely, with minimal human input, the company said.
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Virtustream’s Enterprise Cloud is a public cloud platform that competes against the likes of Amazon Web Services Inc. and Microsoft Azure. However, Virtustream’s cloud is more of a niche platform that’s designed to host mission-critical and highly regulated applications, such as SAP SE and other enterprise resource planning systems. There best firewall freeware in the amazon web services and from other cloud services.
It differentiates itself by offering highly defined managed services around the infrastructure applications are hosted on, providing advantages such as more efficient resource usage and better application management through automation and provisioning. Virtustream’s cloud is also integrated with Pivotal Software Inc.’s version of Cloud Foundry, which is a popular application development platform for cloud-native apps.
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One of the new features is in the latest release is an updated xStream cloud management software platform. It has been rebuilt with a new architecture and application programming interface that combine to eliminate some of the heavy lifting involved when migrating apps from on-premises environments to the cloud.
Now, customers can use Virtustream’s platform to self-provision virtual machines that are automatically configured with a range of security services, such as intrusion detection, firewalls, and anti-malware tools. This not only cuts down on the time it takes but also reduces the risk of errors occurring during the configuration process, the company said.
Virtustream is also providing more automation capabilities for the apps it hosts. For example, customers running SAP applications are now able to automate start and stop operations as required. This helps users reduce costs by automatically shutting down applications when they’re not being used, such as at the weekend or during scheduled maintenance periods.
“Enterprise applications and workloads require special handling and care,” said Deepak Patil, senior vice president of product and technology at Virtustream. “Historically, enterprise cloud customers had constraints that precluded them from flexibility and conveniences — such as quick provisioning — that are leveraged by cloud consumers with less complex use cases.”
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Business
The Importance and Applications of PGP Encryption in Securing Digital Communications
Image by rawpixel.com on freepik.com
Picture this: you’re sending a message to your loved one, discussing personal matters, or exchanging crucial information about an upcoming project with a colleague. In our increasingly digital world, these everyday interactions are integral to our lives.
However, with the convenience of digital communication comes the need to safeguard our privacy and security. How can you be sure your words remain your own, and your data is shielded from prying eyes in the vast expanse of the internet?
The answer lies in PGP (Pretty Good Privacy) encryption, a digital fortress that transforms ordinary messages into impenetrable secrets.
In this blog post, we’ll discuss everything you need to know about PGP encryption, unveiling its significance and exploring the diverse applications that make it an indispensable guardian of our online conversations.
Let’s explore!
What is PGP encryption?
PGP (Pretty Good Privacy) is a data encryption and decryption program for secure communication and data protection. It was created by Phil Zimmermann in 1991 and has since become a widely adopted method for securing email messages and other forms of digital communication.
When used correctly, PGP provides a high level of security and is still in use today for secure communication in various contexts. However, users need to keep their private keys safe and be cautious about whom they trust to ensure the effectiveness of PGP encryption.
The Importance of PGP Encryption in Securing Digital Communications
PGP encryption is crucial for securing digital communications because it provides robust methods for safeguarding data confidentiality, integrity, and authenticity. Whether for personal privacy or business confidentiality, PGP encryption is a valuable tool in the fight against digital threats and data breaches.
Here are several vital reasons why PGP encryption is essential for securing digital communications:
- Confidentiality: PGP encryption ensures that only the intended recipient can access the message. By encrypting data with the recipient’s public key, even if the message is intercepted during transmission, it remains unreadable to unauthorized parties. It’s crucial for protecting sensitive information such as financial data, personal messages, and business communications.
- Data integrity: When data is encrypted and digitally signed, any unauthorized message modification becomes evident. If the digital signature verification fails, the recipient knows the message has been tampered with and should not be trusted.
- Authentication: PGP enables users to verify the authenticity of messages and the sender’s identity through digital signatures. This verification is essential to confirm that messages are genuinely from the claimed source and have not been altered in transit. It helps prevent impersonation and ensures trust in digital communication.
- Secure file sharing: PGP encryption can be applied to files and email messages, making it valuable for secure file sharing. Users can encrypt files and share them with others, ensuring only authorized individuals can access the data.
- Decentralized trust model: PGP’s “web of trust” allows users to independently verify the authenticity of public keys by building trust relationships within a community. This decentralized trust model is critical when centralized certificate authorities are not trusted.
- Long-term security: PGP encryption uses strong cryptographic algorithms and is continually updated to adapt to emerging threats. It’s a viable choice for long-term security in an ever-evolving digital landscape.
Applications of PGP Encryption in Securing Digital Communications
PGP encryption has various applications in securing digital communications across various domains and use cases. Here are some notable applications:
- Email security: PGP can encrypt and digitally sign email messages, ensuring the content is confidential and tamper-proof. It’s significant for protecting sensitive business communications and personal correspondence.
- File encryption and sharing: PGP can encrypt files, documents, and attachments, making them secure for storage and sharing. It’s valuable for protecting sensitive documents and data exchanged over various platforms.
- Secure messaging apps: Some messaging apps and platforms incorporate PGP encryption to provide end-to-end encryption and secure messaging. It guarantees that only the intended recipients can read the messages.
- Web forms and online transactions: PGP encryption can secure data submitted via web forms, including sensitive information such as credit cards and personal information during online transactions.
- IoT security: PGP encryption can help secure communication between IoT devices and servers, protecting data and commands exchanged in IoT ecosystems.
- Secure backups: PGP encryption can be applied to secure data backups, databases, and server configurations, protecting critical information from unauthorized access.
- Secure voice and video communication: Some voice and video communication applications use PGP encryption to provide secure voice and video calls, ensuring conversations are private and protected from interception.
- Secure cloud storage: Users can employ PGP to encrypt files before sending them to cloud storage services, adding an extra reliable layer of security to their data stored in the cloud.
- Anonymous communication: PGP encryption can be used in conjunction with anonymous communication tools to protect the identity of users and the confidentiality of their messages in situations where anonymity is essential.
- Secure code signing: PGP signatures are often used to sign open-source software and code, allowing users to verify the authenticity and integrity of the code they download and use.
- Secure online voting: PGP encryption can contribute to secure online voting systems by ensuring the privacy and integrity of voters’ choices in electronic voting platforms.
Best Practices for Implementing PGP Encryption
Implementing PGP encryption requires careful planning to ensure the security and integrity of digital communications. You should follow these best practices for implementing PGP encryption:
- Utilize proxies with caution: When implementing PGP encryption in conjunction with private proxies, exercise caution. Ensure your private proxy is secure and properly configured and do not compromise the integrity of PGP-encrypted communications. Regularly monitor and audit your proxy setup to detect any vulnerabilities or misconfigurations that could impact the security of your encrypted communications.
- Generate strong key pairs: Create strong and unique public-private key pairs for each user or device. Use cryptographic algorithms with sufficient key lengths to resist brute-force attacks.
- Protect private keys: Safeguard private keys with strong, unique passphrases. Store them in a secure location, such as a hardware security module (HSM) or a password manager, to prevent unauthorized access.
- Verify public keys: Verify the authenticity of public keys before using them for encryption or digital signatures. This verification can be done through trusted channels or in-person meetings.
- Use reputable PGP software: Utilize well-established PGP software and tools with a strong security track record, like GnuPG or PGP-compatible email clients. Additionally, keep PGP software and associated tools updated to ensure they are patched against known vulnerabilities.
- Encrypt sensitive data: Encrypt sensitive data and files using PGP before transmitting or storing them. This method prevents unauthorized access even if the data is compromised.
- Digital signatures: Consider using digital signatures to verify the authenticity of messages and files. Digital signatures are essential for ensuring data is not tampered with during transmission.
Conclusion
As we continue relying on digital communication for our personal and professional lives, embracing PGP encryption isn’t just a choice but a necessity.
It empowers us to safeguard our privacy, preserve data integrity, and establish trust in a world where the importance of secure digital communication cannot be overstated. PGP encryption is not just a technological solution; it’s a promise that we can communicate and collaborate safely in the digital age.
Bitcoin
The New Futurama Successfully Reboots the Show for 2023
EVERYONE, GOOD NEWS! Futurama has returned (again).
The 11th season of the science fiction show debuts today on Hulu in the US (and Disney+ worldwide), following a 10-year break. It’s understandable to question whether, with the passage of time, the show could continue where it left off and continue to be as pertinent now as it was ten years ago, but fear not. The new episodes effectively revive the program in 3023—a year that is still 1,000 years away—with all the vigor it possessed when it was cancelled (for the second time) in 2013.
As The Simpsons continued to dominate television, Futurama began airing in 1999, almost 25 years ago. It started with four fantastic seasons, which featured several Emmy Award-winning episodes including “Roswell That Ends Well” and “Godfellas,” among others. While the lead characters Philip J. Fry (voiced by Billy West) and Leela (voiced by Katey Sagal) have lots of humorous lines, the foul-mouthed, beer-swilling robot Bender (voiced by John DiMaggio) is probably the most well-known. For those who are unfamiliar, the show’s premise is that Fry was a pizza delivery kid in 1999 on New Year’s Eve when he was unintentionally cryogenically frozen for a millennium. Professor Farnsworth (also voiced by West) magically reboots the universe at the start of the next season, allowing everyone to effortlessly carry on from where they left off after time has been suspended for a few years. “We’re here again, baby!” As he ignites a cigar, Bender exclaims.
The current season of the program constantly makes fun of its own repeated cancellations and revivals, such as when the characters persuade “Fulu” officials to bring back a canceled robot soap opera that Fry liked. By shackling him in a Dune-style stillsuit with a helmet that drills into his skull, a feeding tube, and a recycling system for his waste, they make it easier for him to binge watch multiple seasons. A few soap opera episodes are written by Bender, but they aren’t very good; evidently, AI will still struggle to write properly in a thousand years. It has a retro-futuristic vibe that is entirely modern while paying homage to earlier sci-fi eras.
And to think that it nearly didn’t. In order to secure higher remuneration for the entire group, DiMaggio withdrew from the Futurama revival last year as the new season was coming together. (Voice performers for TV and video games have long complained that their pay is inadequate.) A response from fans using the hashtag #BenderGate resulted from producers threatening to change his voice. After all was said and done, he was reinstated in his position.
The animated space comedy series Futurama, created by Matt Groening and David X. Cohen, debuted before the year 2000, cellphones, social media, artificial intelligence, and shows like Rick and Morty and Star Trek: Lower Decks, both of which have new seasons planned. While Star Trek and Rick and Morty are more grounded in science and less gloomy than Futurama, it is still clear how the two shows have influenced one another and how the popularity of animated science fiction has increased as a result.
In addition, Futurama makes more allusions to the 2020s than either of those shows. There is an episode about Bitcoin, which is accompanied by cryptocurrency frauds and lost money, in its Twilight Zone-like show-within-a-show that now pays homage to Black Mirror. Additionally, it has a server farm, which raises ethical questions regarding the heads of the robots powering it rather than energy use or carbon footprint. A Covid-like outbreak, Ivermectin use (but only for deworming), a main character being “canceled,” and 3D printing are some other episodes.
The megacorporation MomCorp, which formerly resembled a future Walmart, is the subject of another brand-new episode. These days, it goes by the name Momazon and has a sizable lunar warehouse with horrible working conditions as well as a new digital assistant called Invasa (which is similar to Alexa but even more intrusive). Momazon poses a threat to control the sector, force Planet Express out of business, and rule the globe. The fast, drone-borne delivery are certainly practical, despite the characters’ criticism of the business.
Futurama will receive 10 additional episodes for season 12 in addition to the new version’s 10 weekly episodes. Although it is obviously written with respect for the past, it also has a forward-looking feel to it.
Blockchain
Ripple Labs notches landmark win in SEC case over XRP cryptocurrency
13 July (Reuters) A U.S. judge ruled on Thursday that Ripple Labs Inc. did not break federal securities law by selling its XRP coin on open exchanges. This was a significant legal victory for the cryptocurrency sector and caused XRP’s value to skyrocket.
Refinitiv Eikon figures show that by late Thursday afternoon, XRP had increased by 75%.
Although the SEC also received a partial success as a result of the decision by U.S. District Judge Analisa Torres, it was the first victory for a cryptocurrency corporation in a case brought by the U.S. Securities and Exchange Commission.
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Although the ruling is particular to the specifics of the case, it will probably give other crypto companies fighting the SEC evidence as to whether their products are covered by the regulator’s authority.
An SEC representative stated that the agency was satisfied with the judge’s conclusion that Ripple had broken the law by selling XRP directly to knowledgeable investors.
Once a final judgment is rendered, or earlier if the court permits it, the decision may be appealed.
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A spokeswoman for the SEC stated that the regulator was considering the choice.
The decision, according to Ripple Chief Executive Brad Garlinghouse, is “a huge win for Ripple but more importantly for the industry overall in the U.S.”
The biggest U.S. cryptocurrency exchange, Coinbase (COIN.O), said that it would once more permit XRP trading on its platform.
“We have reviewed Judge Torres’ well considered ruling. We’ve gone over our analysis in great detail. Paul Grewal, the chief legal officer at Coinbase, tweeted that it was time to relist.
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On Thursday, the price of Coinbase stock rose 24% to $107 per share.
CRYPTO WHEN IT IS NOT A SECURITY
The company and its current and past chief executives were charged by the SEC with executing an unregistered $1.3 billion securities offering by selling XRP, which Ripple’s creators invented in 2012.
The cryptocurrency sector, which contests the SEC’s claim that the great majority of crypto tokens are securities and are therefore subject to its severe investor protection regulations, has been closely following the issue. The regulator has filed more than 100 enforcement actions against cryptocurrency companies, alleging that different tokens constitute securities, but many of those cases have been settled.
In the few cases that have gone to trial, judges have agreed with the SEC that the disputed crypto assets were securities. Securities, as opposed to assets like commodities, are subject to strict regulation, must be registered by their issuer with the SEC, and demand extensive disclosures to alert investors to potential risks.
Torres determined that since buyers did not have a reasonable expectation of profit linked to Ripple’s efforts, the company’s XRP sales on open cryptocurrency exchanges did not, in the eyes of the law, constitute offers of securities.
She referred to those transactions as “blind bid/ask transactions,” in which the purchasers “could not have known if their payments of money went to Ripple, or any other seller of XRP.”
Torres utilized a ruling from the U.S. Supreme Court that stated “an investment of money in a common enterprise with profits to come solely from the efforts of others,” is a type of security called an investment contract.
According to Torres, Garlinghouse and co-founder and former CEO Chris Larsen’s sales of XRP on cryptocurrency exchanges and other disbursements, such as employee compensation, did not constitute securities.
SEC PARTIALLY WINNING
The $728.9 million in XRP sales by the business to hedge funds and other affluent clients that Torres determined to be unregistered transactions of securities gave the SEC a partial success.
According to Torres, Ripple’s institutional investor-focused marketing made it obvious the company “was pitching a speculative value proposition for XRP” that depended on company efforts to build the blockchain infrastructure supporting the digital asset.
She argued that a jury must determine if Garlinghouse and Larsen helped the corporation break the law and that the defendants cannot claim they had no “fair notice” that XRP was a cryptocurrency at the time of the alleged offense.
“The law does not require the SEC to warn all potential violators on an individual or industry level,” the spokesperson stated.
PUSHES FOR LEGAL ACTION
According to Gary DeWaal of Katten Muchin Rosenman, the decision should aid Coinbase in defending its own SEC case.
According to the market response, the decision represents a “tremendous event for the industry,” he claimed.
Both the Ripple and Coinbase cases center on the need for registration as well as whether certain digital assets qualify as securities under American law.
Since the verdict, the crypto sector has pushed for legislation to define the legal status of digital assets and put forth clear regulations for tokens.
Republican House Majority Whip Tom Emmer stated on Twitter that the decision proved “a token is separate and distinct from an investment contract it may or may not be part of.”
Let’s pass it into law now, he said.
Reporting was done by Tom Hals in Wilmington, Delaware, and Jody Godoy and Chris Prentice in New York; editing was done by Chizu Nomiyama, Conor Humphries, Leslie Adler, and David Gregorio.
The Thomson Reuters Trust Principles serve as our benchmarks.
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