"Filling a Leadership Vacuum" by Doug Peckover


In my effort to invent new ways to expand the range of possibilities available to Executive Recruiters/Management Consultants, I am currently working on a fascinating project with Inventor Doug Peckover who was awarded priority rights to the invention of "tokenization" security in 2005. Doug's invention is now widely used (in various modified forms) throughout the secure payments industry, and companies like ApplePay, SamsungPay, Verifone, etc. all use tokenization methodologies to prevent fraud and hacking.

The difference with the approach used by Doug Peckover is that he envisions a world where quantum computer hacking will be possible in the next ten years... meaning that ANY form of cryptological security will become obsolete due to vastly superior combinatorial computation power.

Doug's 17 patents, which I am trying to find buyer(s) for, will protect against quantum computers as well as a multitude of other threats.  I see my role in this effort as a logical extension of the duties of a Headhunter, in that is not only candidates, but ultimately the Intellectual Property that they produce that is our most valuable stock-in-trade.

So, I refer all readers (and especially anyone involved in the industry of Data Security, Cybersecurity, or Online Payment) to take a look at Doug's article.  Please contact me if you have further interest!

The best formatted version is https://www.linkedin.com/pulse/filling-leadership-vacuum-doug-pecko...  but I also provide the text, below:

"Filling a Leadership Vacuum"

by Doug Peckover

The lack of security leadership from most companies is breathtaking. I used to work for HP, so I'll use HPE as an example: for some types of data it uses tokenization and for everything else, it uses encryption.

The type of tokens HPE uses are called "stateless" because many servers can each generate millions of tokens independently. Its data sheet is careful to say this "effectively mitigates the risk of security breaches." Mitigate means make "less severe, serious, or painful." This hints that there's room for improvement. In fact, the static tables used by servers working independently means the tokens can be easily hacked. And since when do random tokens have to be generated when needed? They can easily be generated in advance and provided when needed. Like many companies, HPE's token security is deeply flawed (click here for details).

So, how about encryption? It turns out that there is something that that no major firm wants to talk about. Take a few minutes to see how quantum computers will have a "devastating impact" and cause a "potentially catastrophic failure."

The standards body NIST says this threat will "take 10 to 20 years" to fix. A Wired article ends with “I would sure have sleepless nights if I had to ensure the long-term secrecy of data.” You'd think that major firms would admit there's a problem and would have a clear strategy for its customers, but I cannot find one.

So, is there a solution? As it turns out, there is and it's hiding in plain sight. You even have one on your car - something that secures everything about you - where you live, your criminal record, household income, the presence of children, etc. It's your license plate, yet you think nothing about driving around where everyone can see it.

In computers, these are a different type of "token" and, according to the U.S. Patent Office, I'm the inventor of the solution for both of HPE's problems. The only way this type of security can be broken is by breaking its authentication before access is granted to other files. And with things like biometrics and GPS, tokens are actually getting stronger over time. Firms betting on encryption certainly cannot say this.

Done properly, tokens also do things that encryption was never designed to do:

  • Reduce breach detection and response times to zero.
  • Enable new privacy compliance, including the Right to be Forgotten.
  • Support Data Loss Protection after data has been shared.
  • Listen to hackers trying to break your security.

Companies are busy supporting their customers, and I appreciate that. But there's a "catastrophic failure" that will soon affect every one of these customers. It will be interesting to see which company decides to fill this leadership vacuum.

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