Tag Archives: Sydney

When movies fall short

There is nothing as intensely satisfying as when we are confronted with a reality that is a lot more entertaining than a movie would be. Those are moments you live for, that is unless you are a part of Sony and it is your system getting hacked. Life tends to suck just a little at that point.

This is not the latest story to look at, but in light of the elements that have been visibly resolved, it is the best one around. Some will state that the Hostage story in Martin’s Place, Sydney is the big issue, but that is an event that is getting milked for every second possible by the media, I checked! The price of chocolate remains unaffected, so let’s move on to Sony!

The first part is seen in the article ‘Sony hack would have challenged government defences – FBI’ (at http://www.theguardian.com/technology/2014/dec/12/sony-hack-government-defences-fbi), those who think it is new news seem to have forgotten the issues people had in May 2011 (at http://uk.playstation.com/psn/news/articles/detail/item369506/PSN-Qriocity-Service-Update/). “As the result of a criminal cyber-attack on the company’s data centre located in San Diego, California, USA, SNEI shut down the PlayStation Network and Qriocity services on 20 April 2011, in order for the company to undergo an investigation and make enhancements to the overall security of the network infrastructure” 77 million accounts were compromised and the perpetrators got away with a truckload of data.

So when we see the quote “The cyber-attack that crippled Sony Pictures, led to theft of confidential data and leak of movies on the internet would have challenged almost any cyber security measures, the US Federal Bureau of Investigation (FBI) has said“, we should consider the expression once bitten twice shy and not, when bitten use antiseptic, go into denial and let it be done to your network again.

The fact that this revolves around another branch of Sony is just ludicrous, it’s like listening to a prostitute stating that the sick man used the other entrance this time, so we need not worry! If you think that this is an over the top graphical expression, consider that twice in a row that the personal details of millions in the form of data ‘leaked’ to somewhere.

The second quote will not make you feel any safer ““In speaking with Sony and separately, the Mandiant security provider, the malware that was used would have slipped or probably got past 90% of internet defences that are out there today in private industry and [would have] challenged even state government,” Joseph Demarest, assistant director of the FBI’s cyber division told a US Senate hearing“, as we know that governments tend to be sloppy with their technology as they do not have the budgets the bulk of commercial enterprises get, we can look at the quote and regard the statement to be a less serious expression of ‘do we care’, which is nothing compared to the ignored need to keep personal data safe.

You see, commercial enterprises have gotten sloppy. getting newly graduates to look into a system where you need seasoned veterans and you need a knowledge base and a good setup, all factors that seem to be in ‘denial’ with a truckload of companies the size of Sony, as they are all cutting corners so that they can project revenue and contributions in line with the ‘market expectations’.

The quote that becomes interesting is “A link between Gop and North Korea has been muted over Pyongyang’s reaction to the Sony Pictures film The Interview, which depicts an assassination attempt on Kim Jong-un“, so is this group calling itself Guardians of Peace (Gop), the ‘simpleton’ group they are trivialised to be, or is there more. You see, we see a growing abundance of data collections that seem to go nowhere, but is this truly the case? You see, data is money, it is a currency that can be re-used several times, the question becomes, finding someone willing to buy it. If we regard the 2 billion Microsoft paid for Minecraft to be more than just the IP of the sandbox game, then what is it? Which part of that 2 billion is seen as value for the 120 million registered users on PC? Do you now see the currency we are confronted with?

In my book the Sony exercise is a display of the expression ‘a fool and his money are soon parted‘. In light of the 2011 issue, the fact that security was increased to the extent that it could be done again makes for entertainment on a new level, in addition, like a bad infomercial it does not stop here, no! For $9.95 you get so much more then you see now. That we see in the article that was published two days before that (at http://www.theguardian.com/technology/2014/dec/10/fbi-doubts-north-korea-link-sony-pictures-hack). The part that should make you howl like a hyena is seen here “The security firm hired by Sony to investigate the attack, FireEye, described the attack as an “unparalleled and well-planned crime, carried out by an organised group, for which neither SPE nor other companies could have been fully prepared” in a leaked report“, So did you notice ‘unparalleled and well-planned crime‘ and ‘leaked report‘, oh sarcasm, thy name be Miss Snigger Cackle!

The leaked report, which was from the 7th of December (at http://recode.net/2014/12/07/sony-describes-hack-attack-as-unprecedented/) gives us “demanding that organizations which have obtained the leaked information avoid publishing any more material from the hackers, and destroy existing copies. Boies called it “stolen information.”“, you see, the issue here is that if we consider the quote “This attack is unprecedented in nature. The malware was undetectable by industry standard antivirus software and was damaging and unique enough to cause the FBI to release a flash alert to warn other organizations of this critical threat“, so even after the malware, info was still going past the firewall, or was this just ‘leaked’ by an internal source? It takes a little twist when we look at the quote in the December 10th article “The malware had been signed and authorised by Sony Pictures, allowing it to bypass certain security checks“, in my mind this reads as follows: ‘Some idiot gave a pass to malware to roam free on the system‘, so is it that, or was this an internal operation all along? If the second part is true, then who was the beneficiary of all that private data? Who is it means for? You see, many forget that our information is not always for stealing from our credit cards, sometimes it is used to profile us, as a customer, as marketing or as leverage. Why the word leverage? Consider healthcare, consider usage, what happens when an insurance company gets to profile 20 million couch potatoes, what if your healthcare premium suddenly goes up by 15%, do you have any idea how much money that is? So as insurance companies keep the leveraged margins of charge, whilst overcharging risks in addition, we see a growing margin of profit for these insurance companies, whilst getting them to pay for what you are insured for has not gotten any easier has it?

So is this simply a cinematography from Sony Pictures film, called The Interview, which depicts an assassination attempt on Kim Jong-un, or was that the smoke screen? The FBI seems to have ruled out North Korea, as far as I have been able to tell, the only fans of North Korea are the North Koreans and Dennis Rodman (who has no fame in any IT endeavour), so is there enough doubt regarding the reality of what happened and why it happened? Yes, as I see it there is, the question becomes, when there is this much smoke, where are we not looking? That part is to some extent seen in another Guardian Article (at http://www.theguardian.com/film/2014/dec/12/hackers-attack-film-studios-sony-pictures-leak-cybersecurity-warning). We see this quote “Sean Sullivan, senior adviser and researcher at the security company F-Secure, said that he believes the purpose of the Sony hack was extortion. “If it was just hacktivists, they’d have released everything all at once,” he said. “But these releases, it’s like they’re shooting hostages. One thing one day, another the next. This is a really different tactic from what we usually see.”“, this is certainly plausible, but is that it? Why ransom of data and sell it back with the FBI and others on your tail, when you can sell it in Hong Kong, Bangkok, Riyadh and a host of other locations. A simple transaction for an external encrypted drive, a deal you can offer to ALL parties for amount X, the more you offer, the higher X is.

Whilst our data is sold on and on, we run additional risks of getting invoiced for our lives choices and extorted by other financial firms because our privacy is no longer a given in the age of data and it is directly linked to corporations that cannot clean up their act. In the mean time we see leaked report on impossible hack successes, whilst it took only one executive to ‘accidently’ sign and authorise a mere trinket of malware.

So yes, the movies are falling short; reality can be scary and entertaining all at the same time. The question becomes, will there be a change to our invoice of life because of corporate considerations, or lack there off?

 

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The reality for poor London

It is not a new concept, people who are getting drowned through greed, yet as the Guardian in a video shows us: (at http://www.theguardian.com/uk-news/video/2014/nov/21/new-era-residents-fight-us-owners-westbrook-london-estate-video), the dangers where greed will not turn people homeless. In addition, the people behind it, Westbrook partners are hiding behind walls and the law. Here is the first part I object to. The law is a shield of protection for victims, not a cloak of unaccountability for the greed driven. However, part of the article that is not shown is the fact that the UK government might have fumbled the ball in a massive way here. I reckon that David Cameron has to attack these issues immediately, because if left untouched, the move from all parties INTO UKIP might be one we have never ever seen before in the history of politics.

So what is actually the case?

Westbrook Partners has been buying real estate on a massive scale; London, New York and Tokyo have been met with a spending spree on acquiring real estate. Buildings have changed ownership, but this change has a difference. This is done for investors of American workers Pension funds (to name but one). They bought property as mentioned in Hackney (inner east London), the residents were told that the rents will now go to market value, this is stated to mean that rents will triple almost overnight, how is that even close to acceptable, moreover, how many will be left to afford such a rent? Consider a rent of 2,500 pounds a month, this comes down to $4,500, I have had decently good paid jobs in IT, but I cannot afford those levels of rent, not in the best of days. Hackney council is currently expecting Westbrook to issue eviction notices. This is worse than just a bad nightmare; dozens of homes will be uprooted for what? Replacement by high rise new building, offering a massive boost to Westbrook Partners, which by the way is a US firm with offices in the UK.

It is not just the immorality of it all, consider that investment firms are now focussing on lower yield options, lower yield locations. Is this because the American wells have dried up? Now, I know that for the most, these things are not an option (or were not an option) in Amsterdam. When Amsterdam saw the 70’s boom in London, they made sure that these dangerous times could not happen there, but it is not a given for all buildings in Amsterdam (outside of the inner city). Consider other places where governments have been lacks with affordable housing. With this I mean Melbourne, Sydney AND Brisbane in Australia, Rotterdam, Delft and Leiden in the Netherlands, Several places in Germany and a few other places. When Westbrook and companies like them start changing the game to this extent, what will happen to the population at large? San Francisco had some events in this direction as Google expanded its views, but this is only the tip of the iceberg, now it is not just housing for a large company, now it is about returns for investors, how long until that part collapses leaving people not just in a state of destitution, but homeless as well?

When we see the article, we see the American Workers Pension Funds, with an image of fire fighters, did these fire fighters know that they are not just saving people, but for their retirement, they are making them homeless too? So is there an issue? Well, Yes!

The issue is at present that what is being done in not illegal, but highly immoral. To force a population out of an area, because of income is like stating that the poor are not allowed in London in any way, how is that not discrimination?

More interesting is how Westbrook was unreachable by the Guardian, their website views like a two page joke giving no information at all. When has an investment firm hiding behind wall of unreachability ever been a good thing? Goldman Sachs has been bad news on a global scale, yet they at least remained reachable. This new era of Westbrook is something entirely different. To see just how dangerous this rent rise is, take a look at the image on this link http://www.theguardian.com/society/2014/nov/19/new-era-estate-scandal-london-families-international-speculators, even more interesting is how the New Era estates included a minority share by Conservative MP Richard Benyon, who is pulling out this month, when confronted with these levels of changes. We might think of blaming it all on London’s Westbrook Principle Mark Donnor, but is that fair? Consider that this mess is the continuation of a mess which I witnessed for well over 22 years! Prices in London have always been outrageous and now that the wells are drying up, rental spaces are one of the few low return yielding options. Both political parties should have harshly intervened long before 1995, but they decided not to, now we see a new iteration which could break the London infrastructure. If you wonder why, then let me explain.

London needs workers, they always needed them and most of them live a long way from London, yet now we see a new group, those on a ‘higher’ lower income like Nurses and some tradies who lived in places like Hackney, as they are evicted, they will move further away and they will try to seek work in a place that is not London, as London faces a rental crash, it will also face a workers crash as people are less willing to live 2-3 hours away from work, we see the need to find other avenues to contain their work-life balance, that means working somewhere else. You might think that this is exaggeration in regards to 92 households in Hackney, but do you think it ends here?

If we consider the quote “The letter said they had secured an agreement not to increase rents again until 2016. However, it added: “Since this week’s departure of the Benyon Estate we understand the council have now been informed that Westbrook no longer plan to honour that plan, and have been told that their plan is to refurbish the current estate in its entirety and then rent all the properties without secure tenancies at market rent levels, with no affordable housing”“, we get another view, we get the view of several investment firms seeing what could be acquired in London for refurbishment and upgrades to market value housing. Consider areas like Paddington and Kilburn, what happens when they get refurbished into market value? In addition, when we see “Councils are acquiring properties in Kent, Essex, Hertfordshire, Berkshire, Sussex and further afield to cope with an expected surge in numbers of vulnerable families presenting as homeless as a result of welfare cuts from next April” (at http://www.theguardian.com/society/2012/nov/04/london-boroughs-housing-families-outside-capital), is this perhaps just the beginning? What happens when the situation goes from 92 households, to 992 households? What will happen to the smaller businesses as these places are all upgraded? The London economy is an interaction of classes and groups, when the city changes the dynamic that has worked for decades, we see a change in culture and options for all workers involved, moreover, what can we expect to see when these locations start to lose the reliability it has had for so long towards an entire iteration of workers and traders. Once that is changed, other elements will become in play as well, then what will happen?

In my view, David Cameron will need to make large strides in changing a current approach, to allow for long term sustainability. If not, we will see entire areas no longer in a state of survivability. These events that Westbrook has started will also make a change to the policies that London Lord-Mayor Boris Johnson is trying to introduce. No matter how strong the need for a living wage is, as Westbrook is pushing for market values, we will see a living wage that needs to go from £8.55 to £18.55, which is something that is not just unrealistic, it will be totally unmaintainable. The fallout will be long term.

In the end the UK government did this by not acting and others might be in the same predicament soon enough. I will be honest and state right here that no one anticipated the fact that rent would ever become the preferred return on investment for investment companies, which is an entirely different conversation I will have with my readers at a later stage. A change none saw coming, but now that it is here, it will prove to be additional hardship on the Conservative party, whilst giving even more options to UKIP.

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