Password managers, used by an estimated 36% of US adults, are facing scrutiny as their "zero knowledge" promise of complete data security is being questioned, while luxury car theft, particularly of vehicles like Lamborghinis, is on the rise through sophisticated fraud schemes. Simultaneously, the launch of SurrealDB 3.0 aims to simplify complex AI systems, and the upcoming tax season presents a confusing but unavoidable challenge for many Americans.
Password managers, which store sensitive data like financial and cryptocurrency credentials, have become indispensable for many. However, the encryption systems they use, described as "zero knowledge," are not always as secure as advertised, according to Ars Technica. The definition of "zero knowledge" varies among vendors.
Meanwhile, a new type of organized criminal enterprise is targeting luxury vehicles. Criminals are using email phishing, fraudulent paperwork, and other tactics to impersonate legitimate transport companies and steal vehicles, according to MIT Technology Review. These criminals divert the shipments and erase traces of the original ownership and registration. Sam Zahr, director of operations at Dream Luxury Rental, was looking to transport a Rolls-Royce Dawn convertible from Miami to Detroit when he encountered the risks of this growing trend. "It was very appealing to our clientele," he said, highlighting the demand for high-end vehicles.
In the tech world, SurrealDB launched version 3.0 of its namesake database, along with a $23 million Series A extension, bringing total funding to $44 million, as reported by VentureBeat. The database aims to simplify the complex architecture of retrieval-augmented generation (RAG) systems for AI agents, which often involve multiple layers and technologies. The company is looking to solve the performance and accuracy issues that can arise from synchronizing different data layers.
Finally, the upcoming tax season presents a challenge for many Americans. The process can be confusing, according to Wired, with state requirements varying widely and the federal tax code being complex. The article offered advice on preparing for tax season, including answers to common questions and guidance for small businesses.
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