Whew. First rule of selling bullshit has to be not to try to bullshit people who actually know what they’re talking about. Just because you can hook some gullible dope in some government office doesn’t mean you can put one over on the guy that dope should’ve hired. That guy knows for damned sure you’re saying a whole lot of nothing, and no amount of money paid for access to that guy’s ear will get you the credulous reception you are hoping for.
No, it's nothing like that *at all*. It's the shell-proof armor / better armor piercing shell / repeat ad infinitum scam...
"I can break all public key encryption! But luckily for you I am selling this new encryption that works differently..."
This whole thing seems like it can be torn apart with Occam's razor pretty easily.
Lets just say hypothetically for a minute that whatever they presented was 100% factual and correct. If thats the case then they just stumbled upon the greatest mathematical discovery in the last 1000 years. Hands down. Now if that were me I would be writing a paper about it and calming the title of the greatest mathematician of all time, getting my millennium award and Nobel prize then retiring to a small cottage in a country that most people have likely never heard of.
Now if that's correct then I wouldn't really care about presenting my product which I developed using cutting edge machine learning methods that are unknown to everyone else by the way at a simple cybersecurity conference by comparison.
More likely they underestimated how smart the audience actually is and attempted to peddle nonsense in an attempt to get rich quick and skip town with some contracts that would land them some money in the bank at best and a reason to sue company's at the worst.
Edit: Updated millennium award link to be more specific
"Grant's presentation, entitled "Discovery of Quasi-Prime Numbers: What Does this Mean for Encryption," was based on a paper called "Accurate and Infinite Prime Prediction from a Novel Quasi-PrimeAnalytical Methodology. ...The paper, a slim five pages, focuses on the use of digital root analysis (a type of calculation that has been used in occult numerology)...
Crown Sterling's answer to this potential crisis in encryption, called TIME AI, is something the company calls "five-dimensional" encryption, "the world's first 'non-factor' based quantum AI encryption" based on polygons, AI-composed music, Fibonacci's sequence, and various other things."
I look a cryptography training course at
Black Hat this year. We all watched the video for this company and had some good laughs between sessions. Let’s just say a room full of cryptography people agree this company is selling “snake oil”. The number of buzz words used in a nonsensical manor in the video is so very entertaining.
How so? They paid $115k to do a talk. Could have been about unicorn genitalia. They paid to do it.
Only question is: Was there any stipulation that they would not be boo'd in the business deal? No? Okay, case is gone. Yes? Then BlackHat are not only stupid but bad at holding up their end of the deal.
Now, whether BlackHat should be supporting bullshit companies by giving them a platform is up to the ethics of the owners. This incident probably won't hurt future turnouts, but they should be more careful if they want to be taken seriously.
$115 thousand bucks is $115 thousand bucks. Just make sure your legal team has you covered.
I'm not a lawyer, I'd be very happy if you were right. But you have to factually argue those points and that's notwithstanding the fact that they paid to be there in the first place: there was a contract involved, the terms of which decide who is right or wrong, not just public opinion
Defcon isn’t perfect either: the talks have to be flashy enough to get accepted at Defcon, not necessarily the most novel or interesting. That’s mostly what the audience want, and that’s cool, but there’s a lot less you can take back to the office and do something with.
Every con has its pros and cons.
Blackhat is a Sales Conference with lots of sales sponsorships.
Defcon is a hacker conference funded by the hackers that attend, with some limited sponsorship for villages/parties.
Night and day difference.
That said... Black Hat has some fucking insane parties... all that sponsorship money is awesome!
The talks that can be bought are a separate track, specifically for that purpose. They also don't run the same length of time (they are shorter), in a separate area, and are labeled as such.
You simply cannot buy a speaking slot among the real talks at BlackHat.
Nope, the two conferences are entirely unrelated for the last ~15 years. DEF CON has no sponsors, it's paid for by badge sales alone.
DT founded them both, but he sold BlackHat to CMP Media in 2005 for $14 million. However, DT still owns DEF CON and CMP Media has nothing to do with it.