Best of the Week
Most Popular
1.North Korean Chinese Proxy vs US Military Empire Trending Towards Nuclear War! - Nadeem_Walayat
2.Researchers Find $10 Billion Hidden Treasure In A Dead Volcano - OilPrice_Com
3.Gold and Silver : The Battle for Control - Rambus_Chartology
4.Asda Sales Collapse and Profits Crash! UK Retailer Sector Crisis 2017 - Nadeem_Walayat
5.Deep State Conspiracy or Chaos - James_Quinn
6.The Stock Market Guns of August, Trade Set-Up & Removing your Rose Tinted Glasses - Plunger
7.Gold Stocks Coiled Spring - Zeal_LLC
8.Neil Howe: The Amazon-Walmart Rivalry Will Determine the Future of Retail - John_Mauldin
9.Crude Oil Price Precious Metals Link in August - Nadia_Simmons
10.Gold and Silver Precious Metals Nearing Breakout - Jordan_Roy_Byrne
Last 7 days
Donald Trump Terrorist in Chief, “We Aren’t Nation-Building Again, We Are Killing Terrorists” - 23rd Aug 17
How Planned Fed Rate Increases Impact The National Debt & Deficits - 23rd Aug 17
The 3 Assets to Add to Your Stocks Portfolio in This Rate Tightening Cycle - 23rd Aug 17
Half Price UK Theme Parks Entry 2017 With Cheap Chocolate Packs - 23rd Aug 17
[GIFT] Market Control System! - 23rd Aug 17
4 Reasons European Stocks Will Make a Big Comeback This Year - 22nd Aug 17
3 Lesser-Known Charts Revealing a Massive Stock Market Disconnect - 22nd Aug 17
U.S. Treasury Secretary: "I Assume Fort Knox Gold Is Still There" - 22nd Aug 17
Is the Stock Market Setting itself up for a Spectacular Crash? - 22nd Aug 17
Power Elites Launches Civil War Against Trump - 22nd Aug 17
The Stock Market No Longer Cares About Trump - 21st Aug 17
The Coming Boom Of Productivity Will Get Our Economy Back On Track - 21st Aug 17
Buffett Sees Stock Market Crash Coming? His Cash Speaks Louder Than Words - 21st Aug 17
This Could Be The Biggest Gold Discovery In History - 21st Aug 17
Stock Market Correction in Full Swing - 21st Aug 17
Seeking Confirmations – US Stock Market - 21st Aug 17
The changing demographic of online gamblers - 21st Aug 17
Gold is a coiled spring… the breakout is here, fundamentals are in place, technicals are compelling - 20th Aug 17
A Midsummer Night's Dream: Buy Gold and Silver - 20th Aug 17
Gold Mining Stocks 2017 Fundamentals - 20th Aug 17
EIA Weekly Report and Crude Oil - 19th Aug 17
4 Insights for Adjusting Your Portfolio in a Rate-hike Environment - 19th Aug 17
Gold Direction Indicator - 19th Aug 17
Historical Inevitability and Gold and Silver Ownership - 19th Aug 17
You Are Being Lied To About “Low” Gold Demand - 19th Aug 17
This is Why Cocoa's Crash Was a Perfect Setup - 19th Aug 17
Gold, Silver Consolidate On Last Weeks Gains, Palladium Surges 36% YTD To 16 Year High - 19th Aug 17
North Korea Is Far From Being Irrational… It Has A Plan - 18th Aug 17
US Civil War - FUNCTIONAL ILLITERATES TRYING TO ERASE HISTORY - 18th Aug 17
Bitcoin Hits New All-Time High Over $4,400 As It Catches Paypal In Total Market Cap - 17th Aug 17
3 Psychological Ingredients behind Great Web Content - 17th Aug 17
The War on Cash - Rogoff, Orwell and Kafka - 17th Aug 17
The Stock Market Guns of August, Trade Set-Up & Removing your Rose Tinted Glasses - 16th Aug 17
Stocks, Bonds, Interest Rates, and Serbia, Camp Kotok 2017 - 16th Aug 17
U.S. Stock Market: Sunrise ... Sunset - 16th Aug 17

Market Oracle FREE Newsletter

3 Videos + 8 Charts = Opportunities You Need to See - Free

Hacker Cracks US Voting Machine - If Politics Seem Messy Now, Just Wait

ElectionOracle / US Politics Jul 30, 2017 - 02:17 PM GMT

By: John_Rubino

ElectionOracle

It’s already widely understood that the electronic voting machines used by a growing number of US states are easy to hack. But just how easy may not be clear. Consider this from today’s Wall Street Journal:


Hacker Cracks Voting Machine in Less Than 2 Hours

LAS VEGAS—A touch-screen voting machine used in a 2014 election in Virginia was hacked in about 100 minutes by exploiting a Windows XP flaw that was more than a decade old as part of a demonstration on security vulnerabilities in election technology.

The hacker was Carsten Schürmann, an associate professor with IT University of Copenhagen. He was one of the computer hackers invited to the Defcon convention in Las Vegas to test the security and integrity of common pieces of voting technology, many of which were purchased more than a decade ago and are rapidly becoming obsolete.

Within hours of the doors opening Friday at the Voting Machine Hacking Village, hackers penetrated the WinVote 2000 voting machine and gained access to an electronic poll book, the kind used to check in voters at thousands of polling places across the country. Microsoft Corp. , which made the Windows XP operating system, declined to comment.

They also penetrated the hardware and firmware of a kind of touch-screen voting machine used in hundreds of jurisdictions across the country, and could attack a simulated county voter registration network, like the networks in 21 states that were compromised by attackers last year.

There are two obvious solutions to the problem of hackable voting machines: Add a paper back-up system to make a physical audit possible, or accept that voting is something that can’t and shouldn’t be automated, and go back to the paper ballots that have kind-of-sort-of worked for the past couple of centuries.

But we won’t be doing that anytime soon. Governments tend to move slowly in the best of times when big systems are involved. And these are not the best of times. Budgets are tight everywhere thanks to insanely generous, criminally underfunded public sector pensions, so very few states and cities will have the cash to revamp their voting systems in the next election cycle.

The result? Several more cycles in which the losers suspect they’ve been robbed, the winners have trouble establishing legitimacy, and not much of consequence gets done. The level of trust in major institutions – which is already plunging after four decades of financial mismanagement – will have another reason to fall.

Eventually, this will impact the world’s fiat currencies. As concepts rather than tangible things, they depend on our trust in the people managing them. And as that trust evaporates, so will our willingness to hold and transact in dollars, euros and yen.

In this case, tech is a two-edged sword. The same capabilities that make elections easy to hack also make cryptocurrencies and digital gold viable competitors for fiat currencies. And government paralysis risks letting both trends continue past the point of no return.

By John Rubino

dollarcollapse.com

Copyright 2017 © John Rubino - All Rights Reserved

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


© 2005-2017 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

Catching a Falling Financial Knife