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  • News & article

    The cyber whodunnit and the global blame game

    News, Leonid Bershidsky, Published on 21/12/2017

    » The US government has officially attributed to North Korea the WannaCry ransomware attack, which encrypted hundreds of thousands of computer drives around the world in May, 2017. And yet as with a series of other highly public cyberattack attributions, little evidence for the claim was made public. It's time for the cybersecurity world to follow the advice of the Rand Corporation and set up an unbiased international consortium that would seek to attribute attacks based on a common set of rules.

  • News & article

    Why cold, hard cash remains king in the digital age

    News, Leonid Bershidsky, Published on 28/06/2017

    » We don't have to like the way technology is changing the world. Given the technological disruption happening everywhere, it's reasonable to expect a little Luddite pushback. The growing share of cash in advanced economies might fall in that category.

  • News & article

    Political correctness won't help sort out Uber's woes

    News, Leonid Bershidsky, Published on 16/06/2017

    » There's a disconnect between the way Uber, the ride-hailing company, is trying to transform itself and what it really needs to fix to become a sustainable business. Instead of reconsidering its business model and protecting itself against a regulatory backlash, it has decided to go politically correct.

  • News & article

    If you expect it, it's not a 'Black Swan'

    News, Leonid Bershidsky, Published on 11/05/2016

    » It's the bread and butter of pundits to speculate what the world might look like after a relatively improbable but potentially disruptive event, like the UK's exit from the European Union or a Donald Trump victory in the US presidential election. The perceived probability of these "black swan" events is pretty high, after all, and contingency plans may be in order. It's useful, however, to remember how the author of The Black Swan, Nassim Taleb, framed it in his 2007 book:

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