Philosopher, Activist, Consultant, Engineer; Let's change the world together.

San Francisco
Joined June 2011
Kyle Olney retweeted
“COBOL is still deeply load-bearing in banking, especially at the core: account ledgers, overnight batch processing, and card/ATM authorization. The widely cited estimates are that roughly 43% of banking systems and 95% of ATM swipes run on COBOL code, and that around 80% of in-person banking transactions pass through it.”
Zero day discovered in COBOL. You heard it here first.
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The #greatreset...coming to an economy near you!
David Friedberg says the US needs an economic reset to avoid having a social collapse like France "It depends on how far the collapse goes. You could have this sort of social collapse that you see in some countries that involve rioting and murd*r and all these sorts of things." "Or you end up having what is more of like an economic collapse, which is sort of like Argentina and Brazil, Greece more recently, where the ability to service the debt because the government got too big forces this kind of restructuring of the economy." "And yes, there are still massive protests, there is still an incredible loss of net worth, there's an incredible inflation effect that wipes out asset values for people. And you end up having kind of economic resetting without the great social resetting." "I think we have to do something. I don't think we can run a higher deficit-to-GDP than France in the United States with the same debt-to-GDP as France and only modestly higher GDP growth. I think we are fundamentally going to need to have some degree of reset in the United States." "The question is, do we want it to be a massive social reset, or do the left and the right want to put on their hard hats and say, 'Okay, we got to go in the mines and do the work and figure out how to cut this from seven and a half years to four years and do it in a way that doesn't destroy the economy.'"
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This is my base case for how we progress from here after it becomes clear that the "all in on AI" trade is exhausted and it is impossible to run it hot & grow our way out w/o re-pegging the dollar back to fundamental reality.
I believe we are very close to a revaluation of gold. The elites in the know are using algorithmic price suppression to force as many people as possible out of the trade before it happens because it has become too popular. In their view, they have to act now to prevent China from accumulating more gold than the US. If they revalue to $25,000 it would balance the budget and would buy the US enough time before their economic collapse to build out the military for a big showdown. It's the only chance they have left and they will take it.
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Nobody wants to be the one to bite that deflationary bullet voluntarily, but soon enough there will be no alternative b/c the math ain't mathing anymore & physical limits in the real world (oil, fertilizer, helium, copper, uranium, chips) are about to exhert themselves. BIGLY.
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Kyle Olney retweeted
The only way out is through. They're calling it the Bugpocalypse. LLMs are being used to find long-hidden cracks in the software infrastructure, and it's happening at a furious rate. 3% of all compromises in computing history happened in the last week, claims one source? I believe it. There are people saying public access to the frontier models ought to be locked out, or heavily guardrailed, over this. The problem with that idea can be summed up in one sentence: when lockpicks are outlawed, only outlaws will have lockpicks. The lockpicks will be Chinese open-weight models, if nothing else. There's no way to stop those from becoming ubiquitous. There are two futures in front of us. One in which only the bad guys have lockpicks, and security holes go undiscovered until they're exploited. Another in which everybody has lockpicks and is aggressively red-teaming their own software so it gets fixed before the holes are exploited. The corpus of human code is huge but finite. The number of defects in it has to be finite too. We can fix those defects now; we have a million friendly robots to do it with. The only way out is through.
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This is a whole new level of disgusting
What the actual fuck have I just read
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Excellent anecdote of what life looks like inside ~1m businesses around the world right now.
Security called me at 6:12 AM today. "Patch every PHP server immediately." I asked what happened. "Two critical vulnerabilities. Remote code execution. No authentication required." Cool. How many PHP servers do we have? According to inventory: 12 According to reality: Nobody knows. We found one running WordPress. Three running old internal tools. One under someone's desk. Two inside vendor appliances. A forgotten employee directory from 2016. And a server named: PHP-OLD-DO-NOT-TOUCH Naturally, that one runs payroll exports. Then we found a PHP 5.6 box. I asked who owned it. The documentation said: BRIAN. Brian left in 2019. We called Brian. He said: "Oh wow, that's still running?" Excellent. By 8 AM, leadership joined the incident call. CEO: "Can hackers actually get in?" Security: "Potentially yes." CEO: "Without a password?" Security: "Yes." CEO: "Then why do WE need passwords?" Not the lesson. Finance asked if we could wait until the weekend to patch because downtime affects revenue. Security explained that the alternative was letting strangers execute code on our servers. Finance asked for a cost comparison. At 9:17, someone suggested temporarily taking the vulnerable websites offline. Marketing refused. "Our campaign is live." So for the next hour, the company officially decided maintaining a landing page for 20% off webinar registration was more important than preventing remote server takeover. We finally patched everything we could find. Then our scanner discovered another PHP server. Hostname: TEMP-PHP-2014 Uptime: 4,512 days. Nobody knows what it does. Nobody owns it. Nobody can shut it down. But every time we block network access, the warehouse stops printing shipping labels. Security has classified it as critical infrastructure. It is running PHP 5.4. The vulnerability has existed longer than half our employees. The emergency patch took four hours. Finding out what PHP actually runs took eleven. The internet isn't held together with code. It's held together with servers everyone is afraid to turn off.
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The only thing that stops a bad guy with an open weight model is a good guy with an open weight model
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If you need defenders access right now to open source cyber models, hosted securely and privately, and you can’t or won’t go to the major labs for it, reach out. We’re evaluating something privately for people we know at @TryMapleAI. Already deployed but not publicly launched.
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The obvious lesson is CA certificates need to leave the Stone Age and move to threshold ECDSA signatures. The root programs need a blanket policy of only accepting certs with secret sharing between multiple independent HSMs. Crypto custodians figured this out years ago. When you have really important private keys that require resistance to nation state actors, the only solution is combining multiple independent sources of entropy
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🙃🙃🙃
So basically, today PHP got two critical bugs that let anyone run code on your server without even logging in, which is bad, and then the details leaked before the patch was even out, which is worse, and it works on WordPress and MediaWiki and Magento and Joomla and Laravel, and Censys says like 1.5 million servers are running a version with no fix, so the NSA was like "take your system offline," and the FBI was like "take your system offline," and CISA and the UK and CERT-EU were all like "take your system offline," and then the Prime Minister of Japan, the actual Prime Minister, posted at 5:55 in the morning telling 48.8 million people to take their system offline, so everyone took their system offline, like the Dutch cybersecurity agency took its own website offline, and the Dutch parliament went offline, and the Port of Rotterdam went offline, and Finland and France and Denmark started pulling government sites, and Wikipedia went down, and Archive.org went down, and Asana and GOG and Something Awful went down, and the University of Vienna's webmail went down for some reason, and that's just PHP. Because GitLab also dropped a CVSS 10.0, which is the highest score they give out, for a bug that's been there since 2014, so that's every self-hosted GitLab for twelve years, and then LiteLLM 1.107.0 got hijacked and shipped a credential stealer and a remote access trojan in every single wheel and the Docker images, including latest, and you didn't even have to import it, just installing it was enough, and it's the second time this year, and then Railway paused every deployment on the entire platform because someone got into the environment variables, so now everyone has to rotate every secret they've ever stored there, and TiDB Cloud said someone was walking around inside with stolen credentials for basically a month and an extortion group says they took 10.6 terabytes, and Zeabur got breached for the second time in two months and is just shutting down, like the whole company, and Node.js patched remote code execution and a TLS bypass, and CISA says Plex is being actively exploited, and someone took over 300 Tor exit relays to steal SSH passwords, and SafePay ransomware has hit over 600 critical infrastructure orgs, and India's biggest bank filed a data loss incident, and Japan has been in an official state of emergency in cyberspace since October 9, which honestly explains the 5:55 AM post. Oh, and eMudhra, a certificate authority that's issued over 60 million certificates, whose entire job is proving websites are who they say they are, was supposed to be using private keys that are random numbers over a hundred digits long, and one of them was 4. Just 4. And the others were like 66 and 237. Anyway, it's Wednesday.
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Kyle Olney retweeted
PSA: Do NOT use public WiFi or shady DNS servers for the next few weeks. SSL is practically broken and you can be attcked with an MITM attack. Your ISP and other intermediaries can also spy on you. Use a trusted VPN. It will take a few days at least to flush out this crap CA.
Instead of using 384 bit random private keys, they used private keys like the super secret, unguessable number 4. They are a cryptography company. They had one job. They're selling Post-Quantum Cryptography while doing shit like this lmao.
Readers added context they thought people might want to know
SSL/TLS is not broken. The vulnerability involved eight eMudhra intermediate certificates, which major browsers and operating systems (Chrome, Firefox, Apple, and Microsoft) had already blocked by October 20. Updated devices are protected against these MITM attacks. arstechnica.com/security/2026/… emudhra.we-have-a-problem.com
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Kyle Olney retweeted
Cloudflare: We recorded a wall of 100+ lava lamps with cameras to generate unpredictable, maximum-entropy cryptographic seed data. Meanwhile Certificate Authorities:
a trusted intermediate CA just "leaked" (the private key was 4)
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Kyle Olney retweeted
WHEN YOU REALIZE THE BABY BOOM WASN'T JUST SOLDIERS COMING HOME HORNY. It was soldiers coming home to the GI Bill, free college, 0% down home loans, and low interest business loans. It was strong unions. Pensions. A house that cost 2 years of salary. It was confidence that the future was actually going to be better than the present. That's what produced a baby boom. Not romance. Security. You want a higher birth rate now? Give people a future where they know their kids will actually be okay. That's the whole formula. It's not complicated. It's just expensive, and nobody in charge wants to pay for it twice.
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This is insane. 8 of the TLS trusted CA root certificates had private keys generated with 8 or less bits of entropy. One of them was literally; 4
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Kyle Olney retweeted
Iris Chat is like Signal, but without phone numbers or accounts. Identities are Nostr public keys. Just enter a name (or leave it blank) and start messaging. Works offline over Bluetooth or Wi-Fi. Available on mobile and desktop. Agent-friendly CLI. irischat.org
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👀👀👀
UNITED CEO Scott Kirby: “.. Wealth inequality has become a danger to our society, .. We should have a national wealth tax ..” @nytimes $UAL nytimes.com/2026/10/18/busin…
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Kyle Olney retweeted
Things we learned recently: -Data centers are bot farms -Bot farms sway elections -Billionaires want data centers Do the math.
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💯 - the unspoken truth is that you have to lie about current capabilities to close deals & then turn around and build whatever you were able to sell. This is the cause of tension between sales & prod/eng depts.
One of the blackest pills you get when you start getting enterprise clients in tech is that if you are pure of heart and honest you will get zero sales and lose customers. You have to literally fake stuff to bridge the gap of understanding, which grinds your soul down.
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