Latest stories of our network
Security researchers described the code used to attack the 2018 Pyeongchang winter Olympics as 'Frankenstein-like.' In part two of our video series, hacker:HUNTER Olympic Destroyer, they explain how the malware was designed to point in multiple directions.
Who would dare to hack the Olympics?
The designer of an extraordinary piece of code lodged it in a system where it remained undetected for months. Part two of hacker:HUNTER Olympic Destroyer explores the nature of the attack, its process and why 'Frankenstein-like' code made it one of the most mysterious advanced persistent threat (APT) attacks in history.
Olympic Destroyer was the perfect example of an APT. What are they, and why are they so harmful?
APTs attack over time
APTs are sophisticated hacks that often wait for the perfect time to strike to create maximum damage. They lodge themselves in a system and steal critical data over weeks, months or years. Those behind these attacks build complex software for intentional damage – from espionage and sabotage to data theft.
Highly organized groups use APTs
APTs are notoriously associated with highly organized groups. They attack high-status targets like countries or large corporations, notably in manufacturing and finance, aiming to compromise high-value information like intellectual property, military plans and sensitive user data.
Their high-profile targets will have secure networks and defenses, so threats must stay undetected as long as possible. The longer the attack goes on, the more time attackers have to map the system and plan to steal what they want.
Motives behind attacks vary, from harvesting intellectual property to gaining advantage in an industry, to stealing data for use in fraud. One thing is clear: APTs cause severe damage.
The ‘perfect’ APT
Olympic Destroyer was the perfect APT. A highly-organized group attacked a national Olympic committee, and it worked.
The 'confusion bomb' had been undetected in the computer system for four months, biding its time to strike. Being in the system gave them time to find weak spots and pain points to make the attack more devastating. When it finally surfaced, all hell broke loose.
Crippling the whole IT system
By directly attacking the Olympics' data centers in Seoul, South Korea, Olympic Destroyer cut employees' access to network computers. Because Wi-Fi was out, Olympic building security gates stopped working, coverage stopped, and the whole infrastructure went offline. The Pyeongchang IT team was staring down the barrel of a potential geopolitical disaster.
Stay tuned for episode three, where we unravel the IT team's ingenious response and find out who did it. Any guesses? Go to hacker:HUNTER to stay up to speed.
Ultra-fast gaming and the sports of tomorrow, with Break the Record's Fredrik Lidholt
Completing a game more quickly than opponents is the goal of the esport of speedrunning. It could be Super Mario, Doom or any other game. This week we'll see which elite players can break the speed record playing Minecraft.
Speed is the name of the game
The Break the Record Live Series is a live-streamed event where elite gamers compete to be the fastest ever player. Next week, they'll try to break the Minecraft speed-playing record. The brains behind Break the Record, Fredrik Lidholt (aka Edenal) chats about the future of esports with Marco Preuss and Rainer Bock in the latest episode of Unlocked.
Find out more about next week's Minecraft event here!
Intro to cryptoart and non-fungible tokens (NFTS)
A non-fungible token (NFT) of digital kitten art sold for 170,000 US dollars. These tokens could change how we buy, sell and own digital media. What are they, and could they build a new creative economy? To start, check out the video above from CNBC!
Is this the art of true ownership in the digital age?
Most of us can make a GIF, take a picture or record a clip, but what if you could sell those and other digital media for hundreds of thousands of dollars? With the rise of non-fungible tokens (NFTs), pictures, short clips of comedians, GIFs and every other form of digital art is now being tokenized and sold just like a physical painting.
What is an NFT?
Non-fungible tokens (NFTs) are a digital certificate of ownership of a piece of digital information that can be bought and sold. It works the same way as cryptocurrency: Secure transactions made between two parties recorded permanently through blockchain. The difference is, with bitcoin – a popular cryptocurrency using blockchain – you can trade one coin for the other and it has the same value, but NFTs are one-of-a-kind. Each NFT is unique and can have a different value.
You can make NFTs of almost anything digital, but the big news is they're starting to be used to buy and sell digital art, known as cryptoart.
Why NFTs can benefit digital artists and art buyers
Uniqueness has always been central to the art market. Digital art is hard to sell, and for buyers, hard to 'own' because of the potential for an infinite number of copies. NFTs could solve that problem.
For creators, NFTs are super trendy and therefore add to your enigmatic status, and they have a handy sell-on feature. If you sell a GIF using NFTs, you get a percentage every time the NFT is sold to a new buyer. Imagine Van Gogh selling a painting, then getting a slice of every resale, forever.
And if you're a buyer, you have a concrete claim of owning a piece of digital art. And speaking of buying, you might want to see this.
A world gone mad for NFTs
The best way to understand the NFT market explosion is to see some pieces that have fetched crazy sums. Brace yourself.
This Nyan Cat GIF sold for almost $600,000 US dollars.
Grimes - The NFT goldrush continues
This 50-second video by Grimes sold for almost $390,000.
Watch the video here.
Beeple - Authenticated by blockchain
This video by Beeple sold for $6.6 million.
Watch the video here.
Crypto financial and environmental impacts
Many financial experts have warned that this could be an investment bubble that, if it bursts, could mean big losses.And while NFTs are making the digital art world fairer, they come with a warning. The sale of a crypto art piece can use the same amount of energy in one transaction as an art studio uses in two years.
How artists can benefit
If you're an aspiring or established artist or content creator, no promises, but this could be big for you. First, prepare your work ready, whether it's a GIF, picture or video. Then, when you're happy with it, start on NIfty Gateway. On Nifty Gateway, you can apply to create a project for them to sell.