The Trouble with Optionality [The Harvard Crimson] – “This emphasis on creating optionality can backfire in surprising ways. Instead of enabling young people to take on risks and make choices, acquiring options becomes habitual. You can never create enough option value—and the longer you spend acquiring options, the harder it is to stop.”
Risking, Fast and Slow [Of Dollars and Data] – “Slow risk is the accumulation of bad decisions that eventually leads to an unwanted outcome. It’s developing heart disease after decades of improper eating. It’s getting divorced after neglecting your spouse for years. It’s sitting in cash while you wait to buy the dip. With slow risk, there’s no single event that you can point to and say, “Here’s where I went wrong.” No. It’s the cumulative effect of your improper decision-making that leads you astray.”
REvil Ransom Arrest, $6M Seizure, and $10M Reward [Krebs on Security] – “The U.S. Department of Justice today announced the arrest of Ukrainian man accused of deploying ransomware on behalf of the REvil ransomware gang, a Russian-speaking cybercriminal collective that has extorted hundreds of millions from victim organizations. The DOJ also said it had seized $6.1 million in cryptocurrency sent to another REvil affiliate, and that the U.S. Department of State is now offering up to $10 million for the name or location any key REvil leaders, and up to $5 million for information on REvil affiliates.”
This is kind of cool and kind of ridiculous — Man in Bosnia builds a rotating house [on Youtube]