It's Official! Everything connected to the internet can be hacked.

[Gleb Gamow]

The official report was put out by Consumer Financial Protection Bureau, and they should know, otherwise they wouldn't have made a false statement putting their brand at risk while eliminating risk for the consumer: http://files.consumerfinance.gov/f/201408_cfpb_consumer-advisory_virtual-currencies.pdf

Even if you use best practices, anything that connects to the Internet—even big companies—can be hacked.

[Kprawn]

Yes, just take the old phone booth as a example...

People tell legandary stories of how they "hacked" telephone systems. {Coin operated} No matter what the companies did, there were someone who got past their protection mechanisms.

Then the companies dropped the {coin operated} systems, and switched to pre-loaded smart cards. Now people found ways to load or create these pre-loaded cards and they phoning for free.

I guess if it's there, it needs to be "cheated" or "exploited" by someone. 

[Rigon]

Well if everything can be hacked I guess this will entice some to create a technology where websites or anything connected cant be hacked, and it also gave me an idea.

[shorena]

-snip-
 someone who got past their protection mechanisms.
-snip-

There was no protection machanism. IIRC the first phone hack was done with a Cpt. Crunch whistle that came with the cerial. It had the same frequency as the code that signaled the amount of money you have put in the phone.

The official report was put out by Consumer Financial Protection Bureau, and they should know, otherwise they wouldn't have made a false statement putting their brand at risk while eliminating risk for the consumer: http://files.consumerfinance.gov/f/201408_cfpb_consumer-advisory_virtual-currencies.pdf

Even if you use best practices, anything that connects to the Internet—even big companies—can be hacked.

How come this is News?

Also:

When using virtual currencies to pay for goods
or services, if you don’t enter the recipient’s
64-character public key perfectly, you will send
the funds to the wrong person.

they are just spreading FUD.
#1 noone uses public keys directly
#2 addresses (those that are used) have a checksum, so most typos will result in a wrong address and your TX will be invalid.

No party is required by law to accept payment in
virtual currencies

AFAIK no store is required by law to accept local FIAT either. They could just refuse customers with $ or € or whatever.

Well if everything can be hacked I guess this will entice some to create a technology where websites or anything connected cant be hacked, and it also gave me an idea.

I think you use the word "hack" wrong, it just means that you use something in a way that it was not intended. So if you opened your beer with a paper, you just did a hack.

I doubt it will ever be possible to find something that can not be used in a way that was not thought off before. Humans are very creative and IMHO will allways find a way to use something in a new way.

[Gleb Gamow]

-snip-
 someone who got past their protection mechanisms.
-snip-

There was no protection machanism. IIRC the first phone hack was done with a Cpt. Crunch whistle that came with the cerial. It had the same frequency as the code that signaled the amount of money you have put in the phone.

The official report was put out by Consumer Financial Protection Bureau, and they should know, otherwise they wouldn't have made a false statement putting their brand at risk while eliminating risk for the consumer: http://files.consumerfinance.gov/f/201408_cfpb_consumer-advisory_virtual-currencies.pdf

Even if you use best practices, anything that connects to the Internet—even big companies—can be hacked.

How come this is News?

Also:

When using virtual currencies to pay for goods
or services, if you don’t enter the recipient’s
64-character public key perfectly, you will send
the funds to the wrong person.

they are just spreading FUD.
#1 noone uses public keys directly
#2 addresses (those that are used) have a checksum, so most typos will result in a wrong address and your TX will be invalid.

No party is required by law to accept payment in
virtual currencies

AFAIK no store is required by law to accept local FIAT either. They could just refuse customers with $ or € or whatever.

Well if everything can be hacked I guess this will entice some to create a technology where websites or anything connected cant be hacked, and it also gave me an idea.

I think you use the word "hack" wrong, it just means that you use something in a way that it was not intended. So if you opened your beer with a paper, you just did a hack.

I doubt it will ever be possible to find something that can not be used in a way that was not thought off before. Humans are very creative and IMHO will allways find a way to use something in a new way.

Hence, this release doesn't make sense. Somebody's pulling strings.

[dadugan]

Who is doing the hacking?

Government or malicious users?

[Daniel91]

Who is doing the hacking?

Government or malicious users?

I guess both of them.
Government want to spy everyone and control everything.
 Malicious users want your info in order to steal money or other valuable info from you.

[BitCoinDream]

The official report was put out by Consumer Financial Protection Bureau, and they should know, otherwise they wouldn't have made a false statement putting their brand at risk while eliminating risk for the consumer: http://files.consumerfinance.gov/f/201408_cfpb_consumer-advisory_virtual-currencies.pdf

Even if you use best practices, anything that connects to the Internet—even big companies—can be hacked.

It can only be done by packet level data sniffing by ISPs. But, if that is done, postbox mail will reach your home faster than email. It is not happening in general, but can be done when someone's real world identity gets attached to his/her IP and the primary connected ISP have the info.

[OleOle]

Who is doing the hacking?

Government or malicious users?

I guess both of them.
Government want to spy everyone and control everything.
 Malicious users want your info in order to steal money or other valuable info from you.

That seems pretty accurate.

 

[toy4lov3rs]

Who is doing the hacking?

Government or malicious users?

I guess both of them.
Government want to spy everyone and control everything.
 Malicious users want your info in order to steal money or other valuable info from you.

Yes both of them. But only if your malicious user you may face consequences  
So much for equeal rights

[DjPxH]

The official report was put out by Consumer Financial Protection Bureau, and they should know, otherwise they wouldn't have made a false statement putting their brand at risk while eliminating risk for the consumer: http://files.consumerfinance.gov/f/201408_cfpb_consumer-advisory_virtual-currencies.pdf

Even if you use best practices, anything that connects to the Internet—even big companies—can be hacked.

What do you mean by hacked? If I use a system that is purely interpreting data it gets from the internet, then I really doubt it can be hacked in any way. But complex machines like home computers of tablets or modern phones may very well be prone to being hacked, I guess.

[elliwilli]

Holy shit?!
All software made by a human can be broken by a human! Who knew!

[giveBTCpls]

I'll believe that EVERYTHING can be hacked once someone cracks the blockchain and starts spending infinite Bitcoins and wild shit like that.

[OleOle]

Holy shit?!
All software made by a human can be broken by a human! Who knew!

LOL!

[Kipsy89]

The official report was put out by Consumer Financial Protection Bureau, and they should know, otherwise they wouldn't have made a false statement putting their brand at risk while eliminating risk for the consumer: http://files.consumerfinance.gov/f/201408_cfpb_consumer-advisory_virtual-currencies.pdf

Even if you use best practices, anything that connects to the Internet—even big companies—can be hacked.

Woah really? Maaan that's messed up!!! Even if I'm behind a firewall-thing? Also, I'm using this via WiFi, doesn't that make it safer? I mean there's no direct connection, but only air between my computer and the antenna-thing!

[shorena]

The official report was put out by Consumer Financial Protection Bureau, and they should know, otherwise they wouldn't have made a false statement putting their brand at risk while eliminating risk for the consumer: http://files.consumerfinance.gov/f/201408_cfpb_consumer-advisory_virtual-currencies.pdf

Even if you use best practices, anything that connects to the Internet—even big companies—can be hacked.

Woah really? Maaan that's messed up!!! Even if I'm behind a firewall-thing? Also, I'm using this via WiFi, doesn't that make it safer? I mean there's no direct connection, but only air between my computer and the antenna-thing!

Firewall is good, if you light it on fire its 420% safe, man! Also WiFi is okish, but not 100% since there is still an indirect connection over the things that fly through the air. They take the data from the antenna and fly to your computer. Damn bugs!