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    <title><![CDATA[[SecurityRatty] tag: joel]]></title>
    <link>http://www.securityratty.com/tag/joel</link>
    <description></description>
    <pubDate>Tue, 17 Jun 2008 20:00:00 +0000</pubDate>
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    <item>
      <title><![CDATA[Digital Cash in Iraq]]></title>
      <link>http://www.securityratty.com/article/84493590b736c33ff0c22bfa1fc5590a</link>
      <guid>http://www.securityratty.com/article/84493590b736c33ff0c22bfa1fc5590a</guid>
      <description><![CDATA[Smart cards have still never quite taken off across the US, and at this point its fair to wonder if they will or if they will be eclipsed by phones or some such, but smart cards sure are big outside...]]></description>
      <content:encoded><![CDATA[<p>Smart cards have still never quite taken off across the US, and at this point its fair to wonder if they will or if they will be eclipsed by phones or some such, but smart cards sure are big outside the US. One of the most interesting applications is of course digital cash and transaction processing. <a href="http://www.aplitec.co.za/">Net1 UEPS</a>&#160;(ticker: <a href="http://finance.google.com/finance?q=ueps">UEPS</a>) out of South Africa appears to be the leader here having built a $1.2B business out of this model. there are lots of regions in the world where people are underbanked or unbanked altogether and where its dangerous to have too much cash. I blogged about this earlier on <a href="http://1raindrop.typepad.com/1_raindrop/2007/08/beer-shotguns-a.html">Beer, Shotguns and Digital Cash</a>.&#160;</p><br /><div>Now <a href="http://biz.yahoo.com/iw/080804/0421781.html">Net1 UEPS is in Iraq as well</a>:</div><br /><blockquote class="webkit-indent-blockquote" style="margin: 0 0 0 40px; border: none; padding: 0px;"><p><span style="font-family: arial; line-height: normal; ">The first UEPS transaction was performed on Sunday, August 3, 2008, in Baghdad, Iraq, during the official launch of the UEPS smart card technology with the two state banks namely, Rafidain Bank and Rasheed Bank.</span></p></blockquote><div><span style="font-family: arial; line-height: normal;"><br /></span></div><blockquote class="webkit-indent-blockquote" style="margin: 0 0 0 40px; border: none; padding: 0px;"><p><span style="font-family: arial; line-height: normal; ">The official launch, attended by invitees from Rafidain Bank, Rasheed Bank, the Iraqi Government, War Victim Ministry and Martyrdom Ministry, demonstrated smart card registration, biometric enrolment and issuing of UEPS cards, offline loading of wage payments and government grants to the UEPS cards and dispensing of cash.</span><br /><span style="font-family: arial; line-height: normal; "><br /></span></p></blockquote><blockquote class="webkit-indent-blockquote" style="margin: 0 0 0 40px; border: none; padding: 0px;"><p><span style="font-family: arial; line-height: normal; ">The pilot project involving 100,000 beneficiaries is now ready for implementation across selected bank branches and will enable the distribution and payment of government grants to war victims and martyrdom beneficiaries, as well as salary and wage distribution and payment to employees of the two state banks.</span><br /><span style="font-family: arial; line-height: normal; "><br /></span></p></blockquote><blockquote class="webkit-indent-blockquote" style="margin: 0 0 0 40px; border: none; padding: 0px;"><p><span style="font-family: arial; line-height: normal; ">Brenda Stewart, Net1 Senior Vice President Sales and Marketing, said, &quot;From the entire team at Net1, we congratulate the Iraqi consortium on this historic achievement and look forward to the successful implementation of the various projects already identified for implementation, as well as the projects currently in business development. Net1 is proud that the development of its core technology, from which it creates end-user products that satisfy the requirements of its customers, can change the way business is conducted leading to the improvement of people&#39;s lives. We share the belief of our Iraqi partners that our technology can play a fundamental role in the upliftment of the economy. The success of any technology should be measured, not only by the profits it generates for its inventors, suppliers and users, but also by the difference that it makes to the lives of people,&quot; Stewart concluded.</span></p></blockquote><div><span style="font-family: arial; line-height: normal;"><p>I think there are lessons to be learned here wrt data and message level security. Net1 UEPS is a good example a of system carrying valuable assets across hostile terrain, web security architecture can learn a lot from this model.</p><p>P.S. If you are a <a href="http://en.wikipedia.org/wiki/Joel_Greenblatt">Joel Greenblatt</a> geek - UEPS is a <a href="http://www.magicformulainvesting.com/">magic formula stock</a>&#160;(meaning they make cash and are priced cheaply) last time I checked.</p><p></p></span></div>]]></content:encoded>
      <pubDate>Mon, 11 Aug 2008 08:53:52 +0000</pubDate>
      <category domain="http://www.securityratty.com/tag/ueps cards">ueps cards</category>
      <category domain="http://www.securityratty.com/tag/ueps">ueps</category>
      <category domain="http://www.securityratty.com/tag/digital cash">digital cash</category>
      <category domain="http://www.securityratty.com/tag/cash">cash</category>
      <category domain="http://www.securityratty.com/tag/net1 ueps">net1 ueps</category>
      <category domain="http://www.securityratty.com/tag/bank">bank</category>
      <category domain="http://www.securityratty.com/tag/net1">net1</category>
      <category domain="http://www.securityratty.com/tag/rafidain bank">rafidain bank</category>
      <category domain="http://www.securityratty.com/tag/ueps transaction">ueps transaction</category>
      <source url="http://1raindrop.typepad.com/1_raindrop/2008/08/digital-cash-in-iraq.html">Digital Cash in Iraq</source>
    </item>
    <item>
      <title><![CDATA[In the great NAC debate, Snyder KOs Stiennon in the first round!]]></title>
      <link>http://www.securityratty.com/article/257e5281878e732cc8ef2afaee430827</link>
      <guid>http://www.securityratty.com/article/257e5281878e732cc8ef2afaee430827</guid>
      <description><![CDATA[Just got done reading the transcript of yesterdays great NAC debate between Joel Snyder and Richard Stiennon. As I predicted Snyder scored a knockout early on and it was mostly over from that point...]]></description>
      <content:encoded><![CDATA[<p><a href="http://www.stillsecureafteralltheseyears.com/ashimmy/WindowsLiveWriter/boxer.jpg"><img title="boxer" style="border-right: 0px; border-top: 0px; margin: 0px 0px 5px 5px; border-left: 0px; border-bottom: 0px" height="124" alt="boxer" src="http://www.stillsecureafteralltheseyears.com/ashimmy/WindowsLiveWriter/boxer_thumb.jpg" width="142" align="right" border="0"></img></a> Just got done <a href="http://www.networkworld.com/chat/archive/2008/072308-snyder-stiennon-nac-debate.html">reading the transcript</a> of yesterdays great NAC debate between Joel Snyder and Richard Stiennon.  As I predicted Snyder scored a knockout early on and it was mostly over from that point on.  The knockout came earlier than I expected though, right off the first question.  Each combatant was asked to define NAC and that was when it happened.  Richard brought an EPAC (end point access control) to a NAC fight.  That was akin to him bringing a rubber knife to a gun fight.  A quick bullet between the eyes by Snyder and it was almost painlessly over for Richard.</p>  <p>I have been preaching for some time about what I call complete NAC. That is a complete network access control solution, not just network admission control and certainly not end point access control.  It is not an evil plot to extend Cisco/Microsoft dominance and most importantly Richard, no one and let me say this again, no one has ever said that NAC negates the need for a layered security model.  NAC is just another layer in that model.  Richard’s comments deriding the .edu and .mil markets were also laughable.  Richard, have you ever heard the term military grade?  Are you seriously trying to say that enterprises take security more seriously than the military does?  Come on now Richard.</p>  <p>The bottom line is Joel Snyder is not only a sharp dude technically, but is street savvy enough to run circles around my friend Richard.  He made Richard stay focused on the question at hand, did not let him wander and so Richard had to face reality a bit. I am sure Richard will still say NAC is useless and <a href="http://securityuncorked.squarespace.com/security-uncorked/2008/7/22/hps-nac-what-ive-been-wanting-to-tell-you-but-couldnt.html">will admonish people about hanging out with the likes of the StillSecure</a> crowd, but I guess some things will just never change.  Except, I don’t think Richard will be in anymore of these bouts.  Maybe he can start selling a grill that takes the fat out of meat or perhaps a reality TV show like the other washed up palookas ?</p>
<p><a href="http://feeds.feedburner.com/~a/StillsecureAfterAllTheseYears?a=ZeWwIp"><img src="http://feeds.feedburner.com/~a/StillsecureAfterAllTheseYears?i=ZeWwIp" border="0"></img></a></p><div class="feedflare">
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      <pubDate>Wed, 23 Jul 2008 20:13:54 +0000</pubDate>
      <category domain="http://www.securityratty.com/tag/nac">nac</category>
      <category domain="http://www.securityratty.com/tag/richard">richard</category>
      <category domain="http://www.securityratty.com/tag/importantly richard">importantly richard</category>
      <category domain="http://www.securityratty.com/tag/richard stiennon">richard stiennon</category>
      <category domain="http://www.securityratty.com/tag/snyder">snyder</category>
      <category domain="http://www.securityratty.com/tag/friend richard">friend richard</category>
      <category domain="http://www.securityratty.com/tag/define nac">define nac</category>
      <category domain="http://www.securityratty.com/tag/nac fight">nac fight</category>
      <category domain="http://www.securityratty.com/tag/richard stay">richard stay</category>
      <source url="http://feeds.feedburner.com/~r/StillsecureAfterAllTheseYears/~3/344260979/in-the-great-na.html">In the great NAC debate, Snyder KOs Stiennon in the first round!</source>
    </item>
    <item>
      <title><![CDATA[Experts debate NAC: usefulness vs. cost ]]></title>
      <link>http://www.securityratty.com/article/2e3676cd002c92ecb1e95c613bd7797e</link>
      <guid>http://www.securityratty.com/article/2e3676cd002c92ecb1e95c613bd7797e</guid>
      <description><![CDATA[Is NAC worthwhile? In Network World's first chat face-off, security experts Joel Snyder and Richard Stiennon debate the pros and...]]></description>
      <content:encoded><![CDATA[Is NAC worthwhile? In Network World's first chat face-off, security experts Joel Snyder and Richard Stiennon debate the pros and cons.]]></content:encoded>
      <pubDate>Tue, 22 Jul 2008 20:00:00 +0000</pubDate>
      <category domain="http://www.securityratty.com/tag/nac worthwhile">nac worthwhile</category>
      <category domain="http://www.securityratty.com/tag/network world">network world</category>
      <category domain="http://www.securityratty.com/tag/chat face-off">chat face-off</category>
      <category domain="http://www.securityratty.com/tag/richard stiennon">richard stiennon</category>
      <category domain="http://www.securityratty.com/tag/pros">pros</category>
      <category domain="http://www.securityratty.com/tag/cons">cons</category>
      <source url="http://www.networkworld.com/chat/archive/2008/072308-snyder-stiennon-nac-debate.html?fsrc=rss-security">Experts debate NAC: usefulness vs. cost </source>
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    <item>
      <title><![CDATA[Just so you know it is not me]]></title>
      <link>http://www.securityratty.com/article/f8433047aaf859ba4da464637496cd5c</link>
      <guid>http://www.securityratty.com/article/f8433047aaf859ba4da464637496cd5c</guid>
      <description><![CDATA[I know many of you think I am like a pavlovian dog the way I respond to Richard Stiennon's anti-NAC vitirol. After my last article, I really decided to just lay off Richard. But just to show you that...]]></description>
      <content:encoded><![CDATA[
<div xmlns="http://www.w3.org/1999/xhtml"><p>I know many of you think I am like a <a class="zem_slink" title="Classical conditioning" href="http://en.wikipedia.org/wiki/Classical_conditioning" rel="wikipedia">pavlovian dog</a> the way I respond to Richard Stiennon's anti-NAC vitirol.&nbsp; After my last article, I really decided to just lay off Richard.&nbsp; But just to show you that it is not me, I wanted to point out Richards recent attack on Grant Hartline, CTO of Mirage Networks.&nbsp; Grant blogs and <a href="http://www.mirageblog.com/cto/2008/07/stiennons-right.html">put up an article</a> regarding the latest exchange between Richard and I.&nbsp; Both Richard and I commented.&nbsp; Check out Richards expective laced reply that I think shows just how unhinged he has become on this subject.&nbsp; Richard rambles and stumbles taking shots at anyone he can.&nbsp; I am telling you, he is really losing it.</p>

<p>In the meantime based on this, I am going to change my prediction on the great debate and say Joel Snyder in 2!</p>

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      <pubDate>Thu, 17 Jul 2008 04:37:10 +0000</pubDate>
      <category domain="http://www.securityratty.com/tag/richard">richard</category>
      <category domain="http://www.securityratty.com/tag/richard rambles">richard rambles</category>
      <category domain="http://www.securityratty.com/tag/richard stiennon">richard stiennon</category>
      <category domain="http://www.securityratty.com/tag/richards recent attack">richards recent attack</category>
      <category domain="http://www.securityratty.com/tag/grant blogs">grant blogs</category>
      <category domain="http://www.securityratty.com/tag/pavlovian dog">pavlovian dog</category>
      <category domain="http://www.securityratty.com/tag/article">article</category>
      <category domain="http://www.securityratty.com/tag/meantime based">meantime based</category>
      <category domain="http://www.securityratty.com/tag/grant hartline">grant hartline</category>
      <source url="http://feeds.feedburner.com/~r/StillsecureAfterAllTheseYears/~3/338057938/just-so-you-kno.html">Just so you know it is not me</source>
    </item>
    <item>
      <title><![CDATA[You want the truth, you can't handle the truth!]]></title>
      <link>http://www.securityratty.com/article/5e8ee0a0eb7aec0d6393e17e6cc64b3d</link>
      <guid>http://www.securityratty.com/article/5e8ee0a0eb7aec0d6393e17e6cc64b3d</guid>
      <description><![CDATA[I am not sure what it is with Richard Stiennon. Maybe his mom beat him with a NAC stick when he was young. Hence his Jack Nicholson looks (more like the Joker in Batman , than Col Jessep in A Few Good...]]></description>
      <content:encoded><![CDATA[
<div xmlns="http://www.w3.org/1999/xhtml"><p><a href="http://www.stillsecureafteralltheseyears.com/ashimmy/WindowsLiveWriter/fewgoodmen.jpg"><img title="fewgoodmen" height="183" alt="fewgoodmen" src="http://www.stillsecureafteralltheseyears.com/ashimmy/WindowsLiveWriter/fewgoodmen_thumb.jpg" width="179" align="left" border="0" style="BORDER-RIGHT: 0px; BORDER-TOP: 0px; MARGIN: 0px 10px 5px 0px; BORDER-LEFT: 0px; BORDER-BOTTOM: 0px" /></a> I am not sure what it is with Richard Stiennon.&nbsp; Maybe his mom beat him with a NAC stick when he was young.&nbsp; Hence his Jack Nicholson looks (more like the Joker in <a class="zem_slink" title="Batman" href="http://www.dccomics.com/sites/batman/" rel="homepage">Batman</a>, than Col Jessep in <a class="zem_slink" title="A Few Good Men" href="http://www.imdb.com/title/tt0104257" rel="imdb">A Few Good Men</a>) and his total disdain for NAC.&nbsp; In any event Richard never seems to miss a chance to take a pot shot at NAC.&nbsp; I have fired back and debated him many times on this.&nbsp; In fact I am convinced that Richard's problem with NAC is that like Uncle Joe, he is just moving a little slow.&nbsp; Richard still thinks of NAC as Cisco???s network admission control, circa Dec ???03.&nbsp; He has not gotten up to speed on anything happening with NAC since.&nbsp; Richard is going to debate NAC with Joel Snyder according to <a href="http://www.networkworld.com/newsletters/vpn/2008/070708nac2.html">this article</a> by Tim Greene today. My prediction is Snyder by a knockout in 3 rounds or less.</p>

<p>Richard???s latest NAC knock comes on a comment to an <a href="http://rationalsecurity.typepad.com/blog/2008/07/security-analys.html?cid=121871540#comment-121871540">excellent article by the Hoff</a>.&nbsp; Chris takes a bold stand for someone working for a vendor and calls BS on the whole analyst thing (I will write more about that later in this article). Richard being an ex-analyst himself (lets face it, with Richard you can take the man out of the analyst job, but you can???t take the analyst out of the man), takes exception to Hoff???s ???whining??? (Richards words, not mine) and tries to tell Hoff that giving up is not the answer and the way to show up analysts, is to prove them wrong.&nbsp; Great Richard you try to prove them wrong, when because of what they report you don???t have a market, can???t get any capital and have no visibility.&nbsp; I guess that is when it is time to move on to the next gig, right? Then Richard has a bad NAC deja vu and feels it necessary to write this: </p><blockquote><p><em>???Look how easy it is to one up the analyst firms, who as near as I can tell support Network Admission Control universally. Everyone except the folks at Updata Ventures know how seriously flawed NAC is with only one viable market, edu.???</em></p></blockquote><p>I assume Richard is referring to Updata recently leading the Bradford Networks VC round. But more importantly Richard it is time to call a code red on you and give you the cold hard truth.&nbsp; Richard the fact is that the edu market is not the only viable market for NAC.&nbsp; In fact, one of the biggest customers of NAC is the DoD.&nbsp; That is right Richard at least 3 of the 4 armed forces use NAC in helping to secure their networks. To paraphrase my friend Col Jessep - Richard, you want the truth, you can???t handle the truth!&nbsp; You sleep securely under the blanket of protection that NAC provides.&nbsp; If it is good enough to help ???clean the sand??? out of laptops coming home from SWA (that is SouthWest Asia, like in Iraq and Afghanistan, in case you don???t know Richard), it should be good enough for you. Think about that next time you are about to bad mouth NAC.</p>

<p>Let me give you some other truths you may not like Richard.&nbsp; Why do you think every switch vendor (of which we partner with many of them) is lining up and bringing out NAC solutions?&nbsp; Why has Microsoft put such a big push on NAP?&nbsp; Why despite the Luddites like you does NAC still draw crowds at conferences like Interop (ask Joel about that).&nbsp; Richard we are still signing new major OEM partners.&nbsp; I am afraid you are the one sadly out of touch on this one Richard.&nbsp; Just as you are out of touch in missing Hoff???s point in his article.</p>

<p>As to Hoff???s article, as I said I give Chris credit for speaking his mind. I spend an ungodly amount of my time speaking with analysts and trying to ???learn??? from them while at the same time trying to educate them.&nbsp; I am constantly amazed that so many analysts (and press for that matter) just take a vendors word as gospel. I have seen research reports from analysts big and small, that I am sure did not have any more research done than calling a handful of vendors and listening to their spiel. Too many of these vendors if they do speak to customers, base their findings on such a small sample that it is impossible to have an accurate picture.</p>

<p>Personally, like Hoff says, who watches the watchers is the truth. I would like to see a code of conduct among analysts. I would start by dictating that vendors cannot pay analysts.&nbsp; Take the payola out of the equation the way they did to the DJ/Radio business in the late 50s. Next analyst reports have to come with metrics to back up the findings. I want to know how many customers they spoke to, how big they were, how they were found, etc.&nbsp; A vendor giving an analyst a real live???pet??? customer is not real research. I want to know if the customer pays the analyst. It is a dirty business. </p>

<p>Hey let me be clear, I play the game as well as the next guy.&nbsp; But I agree with Hoff we need to clean up the rules to make the whole analyst thing more fair, viable and valuable.</p>

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      <pubDate>Thu, 10 Jul 2008 18:50:16 +0000</pubDate>
      <category domain="http://www.securityratty.com/tag/nac">nac</category>
      <category domain="http://www.securityratty.com/tag/nac stick">nac stick</category>
      <category domain="http://www.securityratty.com/tag/richard">richard</category>
      <category domain="http://www.securityratty.com/tag/richard stiennon">richard stiennon</category>
      <category domain="http://www.securityratty.com/tag/bad mouth nac">bad mouth nac</category>
      <category domain="http://www.securityratty.com/tag/importantly richard">importantly richard</category>
      <category domain="http://www.securityratty.com/tag/nac knock">nac knock</category>
      <category domain="http://www.securityratty.com/tag/assume richard">assume richard</category>
      <category domain="http://www.securityratty.com/tag/event richard">event richard</category>
      <source url="http://www.stillsecureafteralltheseyears.com/ashimmy/2008/07/you-want-the-tr.html">You want the truth, you can't handle the truth!</source>
    </item>
    <item>
      <title><![CDATA[You want the truth, you can't handle the truth!]]></title>
      <link>http://www.securityratty.com/article/8ffe83b77278161ca4798e9097d5d497</link>
      <guid>http://www.securityratty.com/article/8ffe83b77278161ca4798e9097d5d497</guid>
      <description><![CDATA[I am not sure what it is with Richard Stiennon. Maybe his mom beat him with a NAC stick when he was young. Hence his Jack Nicholson looks (more like the Joker in Batman , than Col Jessep in A Few Good...]]></description>
      <content:encoded><![CDATA[
<div xmlns="http://www.w3.org/1999/xhtml"><p><a href="http://www.stillsecureafteralltheseyears.com/ashimmy/WindowsLiveWriter/fewgoodmen.jpg"><img title="fewgoodmen" height="183" alt="fewgoodmen" src="http://www.stillsecureafteralltheseyears.com/ashimmy/WindowsLiveWriter/fewgoodmen_thumb.jpg" width="179" align="left" border="0" style="BORDER-RIGHT: 0px; BORDER-TOP: 0px; MARGIN: 0px 10px 5px 0px; BORDER-LEFT: 0px; BORDER-BOTTOM: 0px" /></a> I am not sure what it is with Richard Stiennon.&nbsp; Maybe his mom beat him with a NAC stick when he was young.&nbsp; Hence his Jack Nicholson looks (more like the Joker in <a class="zem_slink" title="Batman" href="http://www.dccomics.com/sites/batman/" rel="homepage">Batman</a>, than Col Jessep in <a class="zem_slink" title="A Few Good Men" href="http://www.imdb.com/title/tt0104257" rel="imdb">A Few Good Men</a>) and his total disdain for NAC.&nbsp; In any event Richard never seems to miss a chance to take a pot shot at NAC.&nbsp; I have fired back and debated him many times on this.&nbsp; In fact I am convinced that Richard's problem with NAC is that like Uncle Joe, he is just moving a little slow.&nbsp; Richard still thinks of NAC as Cisco’s network admission control, circa Dec ‘03.&nbsp; He has not gotten up to speed on anything happening with NAC since.&nbsp; Richard is going to debate NAC with Joel Snyder according to <a href="http://www.networkworld.com/newsletters/vpn/2008/070708nac2.html">this article</a> by Tim Greene today. My prediction is Snyder by a knockout in 3 rounds or less.</p>

<p>Richard’s latest NAC knock comes on a comment to an <a href="http://rationalsecurity.typepad.com/blog/2008/07/security-analys.html?cid=121871540#comment-121871540">excellent article by the Hoff</a>.&nbsp; Chris takes a bold stand for someone working for a vendor and calls BS on the whole analyst thing (I will write more about that later in this article). Richard being an ex-analyst himself (lets face it, with Richard you can take the man out of the analyst job, but you can’t take the analyst out of the man), takes exception to Hoff’s “whining” (Richards words, not mine) and tries to tell Hoff that giving up is not the answer and the way to show up analysts, is to prove them wrong.&nbsp; Great Richard you try to prove them wrong, when because of what they report you don’t have a market, can’t get any capital and have no visibility.&nbsp; I guess that is when it is time to move on to the next gig, right? Then Richard has a bad NAC deja vu and feels it necessary to write this: </p><blockquote><p><em>“Look how easy it is to one up the analyst firms, who as near as I can tell support Network Admission Control universally. Everyone except the folks at Updata Ventures know how seriously flawed NAC is with only one viable market, edu.”</em></p></blockquote><p>I assume Richard is referring to Updata recently leading the Bradford Networks VC round. But more importantly Richard it is time to call a code red on you and give you the cold hard truth.&nbsp; Richard the fact is that the edu market is not the only viable market for NAC.&nbsp; In fact, one of the biggest customers of NAC is the DoD.&nbsp; That is right Richard at least 3 of the 4 armed forces use NAC in helping to secure their networks. To paraphrase my friend Col Jessep - Richard, you want the truth, you can’t handle the truth!&nbsp; You sleep securely under the blanket of protection that NAC provides.&nbsp; If it is good enough to help “clean the sand” out of laptops coming home from SWA (that is SouthWest Asia, like in Iraq and Afghanistan, in case you don’t know Richard), it should be good enough for you. Think about that next time you are about to bad mouth NAC.</p>

<p>Let me give you some other truths you may not like Richard.&nbsp; Why do you think every switch vendor (of which we partner with many of them) is lining up and bringing out NAC solutions?&nbsp; Why has Microsoft put such a big push on NAP?&nbsp; Why despite the Luddites like you does NAC still draw crowds at conferences like Interop (ask Joel about that).&nbsp; Richard we are still signing new major OEM partners.&nbsp; I am afraid you are the one sadly out of touch on this one Richard.&nbsp; Just as you are out of touch in missing Hoff’s point in his article.</p>

<p>As to Hoff’s article, as I said I give Chris credit for speaking his mind. I spend an ungodly amount of my time speaking with analysts and trying to “learn” from them while at the same time trying to educate them.&nbsp; I am constantly amazed that so many analysts (and press for that matter) just take a vendors word as gospel. I have seen research reports from analysts big and small, that I am sure did not have any more research done than calling a handful of vendors and listening to their spiel. Too many of these vendors if they do speak to customers, base their findings on such a small sample that it is impossible to have an accurate picture.</p>

<p>Personally, like Hoff says, who watches the watchers is the truth. I would like to see a code of conduct among analysts. I would start by dictating that vendors cannot pay analysts.&nbsp; Take the payola out of the equation the way they did to the DJ/Radio business in the late 50s. Next analyst reports have to come with metrics to back up the findings. I want to know how many customers they spoke to, how big they were, how they were found, etc.&nbsp; A vendor giving an analyst a real live“pet” customer is not real research. I want to know if the customer pays the analyst. It is a dirty business. </p>

<p>Hey let me be clear, I play the game as well as the next guy.&nbsp; But I agree with Hoff we need to clean up the rules to make the whole analyst thing more fair, viable and valuable.</p>

<div class="zemanta-pixie" style="MARGIN-TOP: 10px; HEIGHT: 15px"><a class="zemanta-pixie-a" title="Zemified by Zemanta" href="http://reblog.zemanta.com/zemified/e6165b9b-253e-4392-a8dd-ef9917b5dc2e/"><img class="zemanta-pixie-img" alt="Zemanta Pixie" src="http://img.zemanta.com/reblog_e.png?x-id=e6165b9b-253e-4392-a8dd-ef9917b5dc2e" style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; FLOAT: right; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" /></a></div></div>

<p><a href="http://feeds.feedburner.com/~a/StillsecureAfterAllTheseYears?a=dcwJi7"><img src="http://feeds.feedburner.com/~a/StillsecureAfterAllTheseYears?i=dcwJi7" border="0"></img></a></p><div class="feedflare">
<a href="http://feeds.feedburner.com/~f/StillsecureAfterAllTheseYears?a=Tb6DcJ"><img src="http://feeds.feedburner.com/~f/StillsecureAfterAllTheseYears?i=Tb6DcJ" border="0"></img></a> <a href="http://feeds.feedburner.com/~f/StillsecureAfterAllTheseYears?a=MtzjiJ"><img src="http://feeds.feedburner.com/~f/StillsecureAfterAllTheseYears?i=MtzjiJ" border="0"></img></a> <a href="http://feeds.feedburner.com/~f/StillsecureAfterAllTheseYears?a=BbZUEJ"><img src="http://feeds.feedburner.com/~f/StillsecureAfterAllTheseYears?i=BbZUEJ" border="0"></img></a> <a href="http://feeds.feedburner.com/~f/StillsecureAfterAllTheseYears?a=zXRM7J"><img src="http://feeds.feedburner.com/~f/StillsecureAfterAllTheseYears?i=zXRM7J" border="0"></img></a> <a href="http://feeds.feedburner.com/~f/StillsecureAfterAllTheseYears?a=9dGsDj"><img src="http://feeds.feedburner.com/~f/StillsecureAfterAllTheseYears?i=9dGsDj" border="0"></img></a> <a href="http://feeds.feedburner.com/~f/StillsecureAfterAllTheseYears?a=IUwOmj"><img src="http://feeds.feedburner.com/~f/StillsecureAfterAllTheseYears?i=IUwOmj" border="0"></img></a>
</div><img src="http://feeds.feedburner.com/~r/StillsecureAfterAllTheseYears/~4/332294950" height="1" width="1"/>]]></content:encoded>
      <pubDate>Thu, 10 Jul 2008 18:35:46 +0000</pubDate>
      <category domain="http://www.securityratty.com/tag/nac">nac</category>
      <category domain="http://www.securityratty.com/tag/nac stick">nac stick</category>
      <category domain="http://www.securityratty.com/tag/richard">richard</category>
      <category domain="http://www.securityratty.com/tag/bad mouth nac">bad mouth nac</category>
      <category domain="http://www.securityratty.com/tag/richard stiennon">richard stiennon</category>
      <category domain="http://www.securityratty.com/tag/importantly richard">importantly richard</category>
      <category domain="http://www.securityratty.com/tag/nac knock">nac knock</category>
      <category domain="http://www.securityratty.com/tag/assume richard">assume richard</category>
      <category domain="http://www.securityratty.com/tag/nac solutions">nac solutions</category>
      <source url="http://feeds.feedburner.com/~r/StillsecureAfterAllTheseYears/~3/332294950/you-want-the-tr.html">You want the truth, you can't handle the truth!</source>
    </item>
    <item>
      <title><![CDATA[Certificates - secure a. identity b. encryption c. both d. neither]]></title>
      <link>http://www.securityratty.com/article/9118756b90589b2228e5dedb5085125c</link>
      <guid>http://www.securityratty.com/article/9118756b90589b2228e5dedb5085125c</guid>
      <description><![CDATA[With the release of Firefox 3.0 there has been a bit of controversy over how it handles self-signed certificates. It seems that Firefox makes it difficult to use self-signed certificates and some...]]></description>
      <content:encoded><![CDATA[
<div xmlns="http://www.w3.org/1999/xhtml"><p>With the release of <a class="zem_slink" title="Mozilla Firefox" href="http://www.firefox.com/" rel="homepage">Firefox 3.0</a> there has been a bit of controversy over how it handles self-signed certificates.&nbsp; It seems that Firefox makes it difficult to use self-signed certificates and some people are complaining about it.&nbsp; Here at StillSecure we use self-signed certs in our products and we had to change how we do things to make it work.&nbsp; However, there are than people like <a href="http://lauren.vortex.com/archive/000402.html">Lauren Weinstein who says that this is a step backward for Firefox</a> because it makes it harder to send encrypted traffic. While I understand that it does make it harder, I think Lauren misses the forest for the trees here.&nbsp; The <a href="http://en.wikipedia.org/wiki/Identity_certificate">whole point of certificates are to prove identity</a>. In fact they are called <a href="http://en.wikipedia.org/wiki/Identity_certificate">identity certificates</a>.&nbsp; </p>

<p>The underlying reason for certificates is to ensure that the identity of the person or entity sending it is in fact genuine. It enables the the encryption function.&nbsp; In Weinstein's rant, somehow he has this bass akwards. Identity is secondary to encryption.&nbsp; He says, &quot;Firefox is now putting so much emphasis on identity confirmation&quot;.&nbsp; For good reason I say!&nbsp; If we allow the whole idea of identity certs to be subverted for ease of encryption we are opening ourselves up to a whole range of bad things like phishing attacks, man in the middle, etc.. </p>

<p>I say in our fervor to encrypt everything, lets not forget the importance of trust of identity that certificates enable.&nbsp; Without that the whole system crumbles.&nbsp; Now that being said, I agree that Firefox's GUI around handling these certificates could be better. It appears to be confusing to say the least.&nbsp; But again we can fix that without sacrificing the validity of certificates.</p>

<p>I should mention that I ran some of my ideas on this issue by Joel Snyder and StillSecure's own Andrew Grealy.&nbsp; </p>

<p>&nbsp; </p>

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]]></content:encoded>
      <pubDate>Wed, 09 Jul 2008 04:44:01 +0000</pubDate>
      <category domain="http://www.securityratty.com/tag/identity">identity</category>
      <category domain="http://www.securityratty.com/tag/prove identity">prove identity</category>
      <category domain="http://www.securityratty.com/tag/identity confirmation">identity confirmation</category>
      <category domain="http://www.securityratty.com/tag/encryption">encryption</category>
      <category domain="http://www.securityratty.com/tag/identity certs">identity certs</category>
      <category domain="http://www.securityratty.com/tag/certs">certs</category>
      <category domain="http://www.securityratty.com/tag/firefox">firefox</category>
      <category domain="http://www.securityratty.com/tag/encryption function">encryption function</category>
      <category domain="http://www.securityratty.com/tag/step backward">step backward</category>
      <source url="http://www.stillsecureafteralltheseyears.com/ashimmy/2008/07/certificates--.html">Certificates - secure a. identity b. encryption c. both d. neither</source>
    </item>
    <item>
      <title><![CDATA[Certificates - secure a. identity b. encryption c. both d. neither]]></title>
      <link>http://www.securityratty.com/article/2bfe31182adc1de088caec471c1276ff</link>
      <guid>http://www.securityratty.com/article/2bfe31182adc1de088caec471c1276ff</guid>
      <description><![CDATA[With the release of Firefox 3.0 there has been a bit of controversy over how it handles self-signed certificates. It seems that Firefox makes it difficult to use self-signed certificates and some...]]></description>
      <content:encoded><![CDATA[
<div xmlns="http://www.w3.org/1999/xhtml"><p>With the release of <a class="zem_slink" title="Mozilla Firefox" href="http://www.firefox.com/" rel="homepage">Firefox 3.0</a> there has been a bit of controversy over how it handles self-signed certificates.&nbsp; It seems that Firefox makes it difficult to use self-signed certificates and some people are complaining about it.&nbsp; Here at StillSecure we use self-signed certs in our products and we had to change how we do things to make it work.&nbsp; However, there are than people like <a href="http://lauren.vortex.com/archive/000402.html">Lauren Weinstein who says that this is a step backward for Firefox</a> because it makes it harder to send encrypted traffic. While I understand that it does make it harder, I think Lauren misses the forest for the trees here.&nbsp; The <a href="http://en.wikipedia.org/wiki/Identity_certificate">whole point of certificates are to prove identity</a>. In fact they are called <a href="http://en.wikipedia.org/wiki/Identity_certificate">identity certificates</a>.&nbsp; </p>

<p>The underlying reason for certificates is to ensure that the identity of the person or entity sending it is in fact genuine. It enables the the encryption function.&nbsp; In Weinstein's rant, somehow he has this bass akwards. Identity is secondary to encryption.&nbsp; He says, &quot;Firefox is now putting so much emphasis on identity confirmation&quot;.&nbsp; For good reason I say!&nbsp; If we allow the whole idea of identity certs to be subverted for ease of encryption we are opening ourselves up to a whole range of bad things like phishing attacks, man in the middle, etc.. </p>

<p>I say in our fervor to encrypt everything, lets not forget the importance of trust of identity that certificates enable.&nbsp; Without that the whole system crumbles.&nbsp; Now that being said, I agree that Firefox's GUI around handling these certificates could be better. It appears to be confusing to say the least.&nbsp; But again we can fix that without sacrificing the validity of certificates.</p>

<p>I should mention that I ran some of my ideas on this issue by Joel Snyder and StillSecure's own Andrew Grealy.&nbsp; </p>

<p>&nbsp; </p>

<div class="zemanta-pixie" style="MARGIN-TOP: 10px; HEIGHT: 15px"><a class="zemanta-pixie-a" title="Zemified by Zemanta" href="http://reblog.zemanta.com/zemified/ad6194f5-ef23-4ab5-9c26-d94da6e59b7c/"><img class="zemanta-pixie-img" alt="Zemanta Pixie" src="http://img.zemanta.com/reblog_e.png?x-id=ad6194f5-ef23-4ab5-9c26-d94da6e59b7c" style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; FLOAT: right; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" /></a></div></div>

<p><a href="http://feeds.feedburner.com/~a/StillsecureAfterAllTheseYears?a=BrY6d9"><img src="http://feeds.feedburner.com/~a/StillsecureAfterAllTheseYears?i=BrY6d9" border="0"></img></a></p><div class="feedflare">
<a href="http://feeds.feedburner.com/~f/StillsecureAfterAllTheseYears?a=h91ewJ"><img src="http://feeds.feedburner.com/~f/StillsecureAfterAllTheseYears?i=h91ewJ" border="0"></img></a> <a href="http://feeds.feedburner.com/~f/StillsecureAfterAllTheseYears?a=UCZcwJ"><img src="http://feeds.feedburner.com/~f/StillsecureAfterAllTheseYears?i=UCZcwJ" border="0"></img></a> <a href="http://feeds.feedburner.com/~f/StillsecureAfterAllTheseYears?a=0I8lKJ"><img src="http://feeds.feedburner.com/~f/StillsecureAfterAllTheseYears?i=0I8lKJ" border="0"></img></a> <a href="http://feeds.feedburner.com/~f/StillsecureAfterAllTheseYears?a=Ch9iXJ"><img src="http://feeds.feedburner.com/~f/StillsecureAfterAllTheseYears?i=Ch9iXJ" border="0"></img></a> <a href="http://feeds.feedburner.com/~f/StillsecureAfterAllTheseYears?a=3e5LYj"><img src="http://feeds.feedburner.com/~f/StillsecureAfterAllTheseYears?i=3e5LYj" border="0"></img></a> <a href="http://feeds.feedburner.com/~f/StillsecureAfterAllTheseYears?a=57z7yj"><img src="http://feeds.feedburner.com/~f/StillsecureAfterAllTheseYears?i=57z7yj" border="0"></img></a>
</div><img src="http://feeds.feedburner.com/~r/StillsecureAfterAllTheseYears/~4/330746868" height="1" width="1"/>]]></content:encoded>
      <pubDate>Wed, 09 Jul 2008 03:55:45 +0000</pubDate>
      <category domain="http://www.securityratty.com/tag/identity">identity</category>
      <category domain="http://www.securityratty.com/tag/prove identity">prove identity</category>
      <category domain="http://www.securityratty.com/tag/identity confirmation">identity confirmation</category>
      <category domain="http://www.securityratty.com/tag/encryption">encryption</category>
      <category domain="http://www.securityratty.com/tag/identity certs">identity certs</category>
      <category domain="http://www.securityratty.com/tag/certs">certs</category>
      <category domain="http://www.securityratty.com/tag/firefox">firefox</category>
      <category domain="http://www.securityratty.com/tag/encryption function">encryption function</category>
      <category domain="http://www.securityratty.com/tag/step backward">step backward</category>
      <source url="http://feeds.feedburner.com/~r/StillsecureAfterAllTheseYears/~3/330746868/certificates--.html">Certificates - secure a. identity b. encryption c. both d. neither</source>
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      <title><![CDATA[Sun Is A Magic Formula Stock]]></title>
      <link>http://www.securityratty.com/article/da46fde2d833408a245a9676ecdb7060</link>
      <guid>http://www.securityratty.com/article/da46fde2d833408a245a9676ecdb7060</guid>
      <description><![CDATA[http://www.magicformulainvesting.comIn his book &quot;The Little Book that Beats t he Market&quot;, Joel Greenblatt presents a formula for investing in companies based on two factors. The factors are from two...]]></description>
      <content:encoded><![CDATA[<p><a style="float: left;" href="http://1raindrop.typepad.com/.a/6a00d83451c75869e200e5538f07588834-pi"><img  class="at-xid-6a00d83451c75869e200e5538f07588834 " alt="Buy_book" src="http://1raindrop.typepad.com/.a/6a00d83451c75869e200e5538f07588834-120wi" style="margin: 0px 5px 5px 0px;"></a>
http://www.magicformulainvesting.comIn his book <a href="http://www.magicformulainvesting.com">"The Little Book that Beats t</a>he Market", Joel Greenblatt presents a formula for investing in companies based on two factors. The factors are from two of the most influential people in teaching investors how to think about investing - Ben Graham and Warren Buffett. From Graham, Greenblatt takes the concept of price, specifically looking for cheap stocks not necessarily great companies, just a great price (Graham famously called these "cigar butts"); from Buffett &amp; Munger, Greenblatt uses the concept of looking for good companies.</p><br><div>The stocks are evaluated on price via an inverse P/E calculation; and "good" companies are defined as those earning a high return on capital. Then in true value investing style (i.e. not over-complicated), Greenblatt combines the two factors using a simple 50/50 format. So all companies are rated by price and quality, if your company comes up 11 on price and 27 on quality then it gets a 38. His book goes into more details, and you can use this <a href="http://www.magicformulainvesting.com">website</a> to screen for companies.</div><br><div><blockquote><p>What do you think would happen if we simply decided to buy shares in companies that had <span style="font-style: italic;">both</span> a high earnings yield and a high return on capital? In other words, <span style="font-style: italic;">what would happen if we decided to only buy shares in good businesses (ones with high returns on capital) but only when they were available at bargain prices (priced to give us a high earnings yield)</span>? What would happen? Well, I'll tell you what would happen: <span style="font-style: italic;">We would make a lot of money!</span> (Or as Graham might put it, "The profits would be <span style="font-style: italic;">quite satisfactory!</span>")</p></blockquote></div><br><div>A lot of the time you find pretty boring companies doing something profitable and necessary, but not too exciting. There are generally not very many tech companies on the list - Microsoft is there now because of the Yahoo stuff, Microstrategy has been there for awhile, and now we have Sun (<a href="http://finance.google.com/finance?q=java">JAVA</a>) there as well.</div><br><div>Being on the Magic Formula list is not necessarily a good thing for your present stock price. It means you are being beat up, fairly on unfairly going forward is the question. Greenblatt's formula suggests its worth looking at Sun's potential going forward. Their P/E is 15 (for comparison <a href="http://finance.google.com/finance?q=orcl&amp;hl=en">Oracle's</a> is 22 and <a href="http://finance.google.com/finance?q=rht">Red Hat's</a> in 59!), good news for Sun shareholders is the company continues to make money. One problem seems to be margins - Sun is earning 4.6% net profit margins whereas Oracle and Red Hat are at 24% and 14% respectively. Of course, in general margins on hardware are not generally as good and Oracle and Red Hat are software plays. </div><br><div>In any case Schwartz seems to be doing some smart things and positioning Sun for quite satisfactory returns. Sun's Price/Book ratio is just above 1.5 which makes a value investor sit up and take notice. A pretty impressive <a href="http://www.gurufocus.com/StockBuy.php?symbol=JAVA">list</a> of investors, notably Mason Hawkins, has been buying in. As much as Sun has struggled with its post-dotcom identity, it is rare to see a company with this much upside on the Greenblatt list.</div><br><div>Anyhow, Sun's residency on the Greenblatt is not a good thing for the company this instant. It could mean good opportunities for them and investors going forward - after all its a list of good companies selling at cheap prices. I have no position in any of the companies mentioned, and I have no business giving people investing advice, but I am interested observer. If you are thinking of buying JAVA based on Greenblatt's quantitative methods, read his book first to understand how to manage risk in his methodology. In any case I wholeheartedly recommend Greenblatt's book, its short, and packed with good stuff.</div>]]></content:encoded>
      <pubDate>Thu, 26 Jun 2008 14:29:33 +0000</pubDate>
      <category domain="http://www.securityratty.com/tag/greenblatt">greenblatt</category>
      <category domain="http://www.securityratty.com/tag/greenblatt list">greenblatt list</category>
      <category domain="http://www.securityratty.com/tag/sun">sun</category>
      <category domain="http://www.securityratty.com/tag/list">list</category>
      <category domain="http://www.securityratty.com/tag/companies">companies</category>
      <category domain="http://www.securityratty.com/tag/companies based">companies based</category>
      <category domain="http://www.securityratty.com/tag/greenblatt takes">greenblatt takes</category>
      <category domain="http://www.securityratty.com/tag/formula">formula</category>
      <category domain="http://www.securityratty.com/tag/tech companies">tech companies</category>
      <source url="http://1raindrop.typepad.com/1_raindrop/2008/06/sun-is-a-magic-formula-stock.html">Sun Is A Magic Formula Stock</source>
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      <title><![CDATA[Links for 2008-06-17 [del.icio.us]]]></title>
      <link>http://www.securityratty.com/article/f41c33a2d194d893f4cfb75f4bf2e383</link>
      <guid>http://www.securityratty.com/article/f41c33a2d194d893f4cfb75f4bf2e383</guid>
      <description><![CDATA[Andy, ITGuy: GRC - Love it or hate it
Five questions to ask before trusting your data to Amazon or other storage cloud provider - Network World Will I have access to logging and auditing data? Such...]]></description>
      <content:encoded><![CDATA[<ul>
<li><a href="http://andyitguy.blogspot.com/2008/06/grc-love-it-or-hate-it.html">Andy, ITGuy: GRC - Love it or hate it</a></li>
<li><a href="http://www.networkworld.com/supp/2008/ndc3/051908-cloud-storage-five-questions.html">Five questions to ask before trusting your data to Amazon or other storage cloud provider - Network World</a><br/>
Will I have access to logging and auditing data?

Such access lets you find out whether anyone other than you is modifying or changing your data, says Joel Snyder, senior partner with Opus One and a Network World product tester. Amazon.com and Nirvanix</li>
<li><a href="http://philip.greenspun.com/wtr/dead-trees/53007.htm">Learning from Server Logs</a></li>
<li><a href="http://www.prismmicrosys.com/Logtalk/?p=20">Log Talk &raquo; Blog Archive &raquo; Ten reasons you will be unhappy with your SIM solution &ndash; and how to avoid them</a><br/>
Ten reasons you will be unhappy with your SIM solution</li>
<li><a href="http://www.schneier.com/blog/archives/2008/05/how_to_sell_sec.html">Schneier on Security: How to Sell Security</a></li>
<li><a href="http://pcianswers.com/2008/05/21/pci-compliance-and-virtualization/">PCI Blog - Compliance Demystified &raquo; Blog Archive &raquo; PCI Compliance and Virtualization</a></li>
<li><a href="http://www.pcworld.com/businesscenter/article/146278/most_retailer_breaches_are_not_disclosed_gartner_says.html">PC World - Business Center: Most Retailer Breaches Are Not Disclosed, Gartner Says</a><br/>
Data breaches at retailers are the top cause of credit and debit card theft, accounting for about 20 percent of all incidents, Gartner said.</li>
<li><a href="http://www.bloginfosec.com/2008/05/05/proposed-sec-rules-broaden-scope-of-infosec-compliance-responsibilities/">Proposed SEC Rules Broaden Scope of InfoSec Compliance Responsibilities | BlogInfoSec.com</a></li>
<li><a href="http://rationalsecurity.typepad.com/blog/2008/05/the-ghost-of-fu.html">Rational Survivability: The Ghost Of Future's Past: VirtSec Innovation Circa 2002</a></li>
<li><a href="http://www.networkworld.com/news/2008/061708-fortinet-buys-assets-of-security.html?hpg1=bn">Fortinet buys assets of security vendor IPLocks - Network World</a></li>
</ul><img src="http://feeds.feedburner.com/~r/AntonChuvakinPersonalBlog/~4/314343510" height="1" width="1"/>]]></content:encoded>
      <pubDate>Tue, 17 Jun 2008 20:00:00 +0000</pubDate>
      <category domain="http://www.securityratty.com/tag/data">data</category>
      <category domain="http://www.securityratty.com/tag/security">security</category>
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      <category domain="http://www.securityratty.com/tag/world">world</category>
      <category domain="http://www.securityratty.com/tag/security vendor iplocks">security vendor iplocks</category>
      <category domain="http://www.securityratty.com/tag/network world">network world</category>
      <category domain="http://www.securityratty.com/tag/sim solution">sim solution</category>
      <category domain="http://www.securityratty.com/tag/infosec compliance">infosec compliance</category>
      <category domain="http://www.securityratty.com/tag/storage cloud provider">storage cloud provider</category>
      <source url="http://feeds.feedburner.com/~r/AntonChuvakinPersonalBlog/~3/314343510/anton18">Links for 2008-06-17 [del.icio.us]</source>
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