2018's Doomsday vibes
So Meltdown and Spectre happened. Happy New Year folks. I mean Wikipedia even says 'As of 2018, almost every computer system is affected by Spectre', which is just dandy. It affects chip processors – companies like Intel and AMD – and is currently of biggest concern to cloud service providers. The vulnerabilities could allow data to leak from hosted account to hosted account. Kind of undermines the fundamental security of the cloud.
If you want some chronology The Verge's reporting has been on point. If ever there was a need for their Storystreams feature it was this…
2018 also launched us all into Second Payment Services Directives hype. That means that, as a new year's gift to the public, the UK's biggest retail banks will be issuing APIs allowing third parties to access individuals' bank account data, and to authorise payments on your behalf. That means that buying shoes on Instagram with one tap could be altogether possible pretty damn soon, but it also means payments data that used to be a source of revenue for traditional banks will start flowing in other directions (namely Google, Facebook, Amazon, Apple). But it need not be all fire and brimstone for the banks… I mean they'll probably pull through, right?