Security designed to defend against hacks makes some printers inoperable.
The system stops the use of third party ink cartridges.
But the hack doesn’t seem to exist.
In a startling revelation, HP CEO Enrique Lores unveils a dark secret
within ink cartridges—hackers can infiltrate them with viruses.
According to tech site Ars
Technica, HP’s discovery serves as the impetus behind the company’s
implementation of the Dynamic Security system (DSS), a move that's now at the
center of a legal firestorm. According to Lores, “We have seen that you can
embed viruses in the cartridges. Through the cartridge, [the virus can] go to
the print, [and then] from the printer, go to the network.”
The Dynamic Security System
The DSS, designed to ensure HP printers only function with specific
cartridges, is facing a lawsuit accusing the company of withholding critical
information from customers.
As HP grapples with lawsuits challenging the ramifications of its
Dynamic Security system, customers are alleging a lack of transparency
regarding firmware updates. These updates, intended to block non-HP cartridges
from working in their printers, resulted in printers becoming inoperative,
prompting legal action. The lawsuit seeks an injunction against HP, preventing
them from deploying updates that render printers incompatible with third-party
cartridges.
Securing Printers and Subscription Revenues
Lores claimed that cartridges can serve as gateways for viruses, posing
threats to both prints and networks while addressing the controversy. This
startling discovery underscores a strategic push towards fortifying its
subscription model. HP, seemingly leveraging potential cartridge vulnerabilities, appears to be trying to sway consumers towards committing to HP ink. Any such tactic would align with the
company's broader strategy of recouping profits through recurring revenues via
programs like Instant Ink.
The Fly in the Ointment
But there’s a problem. While cyber crime is on the up, there doesn’t seem to be a threat from your printer. A 2022
piece by Actionable Intelligence spilled the beans on a potential weakness
in the system. A researcher, no doubt part of the secret society of printer
hackers, unearthed a nifty trick to infiltrate a printer using a rebel
third-party ink cartridge. However, the plot thickens—when attempting the same
escapade with an HP cartridge, our rogue genius hit a snag. It didn’t work.
Behold, the birth of HP's defensive maneuvers! The tech maestros at HP,
stirred by the prospect of a cartridge coup d'état, decided it was high time to
thwart any potential ink-soaked shenanigans. The catch? As they cloak their
printers in a shield of protection, HP concedes there's no concrete evidence of
this ink-centric heist happening in the wild. It's like guarding the gates against
an invisible horde—only in the whimsical world of printer espionage. In terms of fearmongering, Lores could only have been more on point if he'd thrown in terms like Artificial Intelligence (AI), deepfake, or identity theft.
Well! Thanks be to HP for keeping us and allowing us to use their
cartridges.
In a startling revelation, HP CEO Enrique Lores unveils a dark secret
within ink cartridges—hackers can infiltrate them with viruses.
According to tech site Ars
Technica, HP’s discovery serves as the impetus behind the company’s
implementation of the Dynamic Security system (DSS), a move that's now at the
center of a legal firestorm. According to Lores, “We have seen that you can
embed viruses in the cartridges. Through the cartridge, [the virus can] go to
the print, [and then] from the printer, go to the network.”
The Dynamic Security System
The DSS, designed to ensure HP printers only function with specific
cartridges, is facing a lawsuit accusing the company of withholding critical
information from customers.
As HP grapples with lawsuits challenging the ramifications of its
Dynamic Security system, customers are alleging a lack of transparency
regarding firmware updates. These updates, intended to block non-HP cartridges
from working in their printers, resulted in printers becoming inoperative,
prompting legal action. The lawsuit seeks an injunction against HP, preventing
them from deploying updates that render printers incompatible with third-party
cartridges.
Securing Printers and Subscription Revenues
Lores claimed that cartridges can serve as gateways for viruses, posing
threats to both prints and networks while addressing the controversy. This
startling discovery underscores a strategic push towards fortifying its
subscription model. HP, seemingly leveraging potential cartridge vulnerabilities, appears to be trying to sway consumers towards committing to HP ink. Any such tactic would align with the
company's broader strategy of recouping profits through recurring revenues via
programs like Instant Ink.
The Fly in the Ointment
But there’s a problem. While cyber crime is on the up, there doesn’t seem to be a threat from your printer. A 2022
piece by Actionable Intelligence spilled the beans on a potential weakness
in the system. A researcher, no doubt part of the secret society of printer
hackers, unearthed a nifty trick to infiltrate a printer using a rebel
third-party ink cartridge. However, the plot thickens—when attempting the same
escapade with an HP cartridge, our rogue genius hit a snag. It didn’t work.
Behold, the birth of HP's defensive maneuvers! The tech maestros at HP,
stirred by the prospect of a cartridge coup d'état, decided it was high time to
thwart any potential ink-soaked shenanigans. The catch? As they cloak their
printers in a shield of protection, HP concedes there's no concrete evidence of
this ink-centric heist happening in the wild. It's like guarding the gates against
an invisible horde—only in the whimsical world of printer espionage. In terms of fearmongering, Lores could only have been more on point if he'd thrown in terms like Artificial Intelligence (AI), deepfake, or identity theft.
Well! Thanks be to HP for keeping us and allowing us to use their
cartridges.
Louis Parks has lived and worked in and around the Middle East for much of his professional career. He writes about the meeting of the tech and finance worlds.
The Chocolate Crunch – Why Cocoa’s Surged Past Bitcoin
Network, Learn, Grow | FMAS:24
Network, Learn, Grow | FMAS:24
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
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Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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