News

DOD: Spy Coins Report Based on False Info

The Defense Security Service, a division of the Department of Defense, has issued a statement saying that sections in a report warning that at least three U.S. security contractors had been targeted by so-called "spy coins" are false.

"The U.S. Defense Industry report which claimed radio frequency transmitters were discovered embedded in Canadian coins is not true," the statement reads. "This statement [on the coins] was based on a report provided to DSS. The allegations, however, were found later to be unsubstantiated following an investigation into the matter."

Numerous news organizations (Ed's note: including this site, which picked up the story via a wire service) ran stories about the coins earlier this month after the report -- originally issued in June 2006 -- was made public.

"The 2006 annual report should not have contained this information," the statement continues.  "The acting director of the DSS directed an internal review of the circumstances leading up to the publication of this information to prevent incidents like this from reoccurring."

A spokesperson for the service had originally confirmed the story for reporters -- "What's in the report is true" -- but said that further details were classified.

About the Author

Becky Nagel serves as vice president of AI for 1105 Media specializing in developing media, events and training for companies around AI and generative AI technology. She also regularly writes and reports on AI news, and is the founding editor of PureAI.com. She's the author of "ChatGPT Prompt 101 Guide for Business Users" and other popular AI resources with a real-world business perspective. She regularly speaks, writes and develops content around AI, generative AI and other business tech. She has a background in Web technology and B2B enterprise technology journalism.

Featured

  • IBM Giving Orgs a Governance Lifeline in Agentic AI Era

    Nearly overnight, organizations are facing brand-new challenges caused by self-directed AI systems (a.k.a. agentic AI). Big Blue is extending them some help.

  • Microsoft Launches Integrated E-mail Security Ecosystem for Defender for Office 365

    Microsoft is expanding its e-mail security capabilities with the launch of a new Integrated Cloud Email Security (ICES) ecosystem for Microsoft Defender for Office 365.

  • Microsoft Joins Workday's AI Agent Partner Network

    Microsoft has become a key partner in Workday's newly launched AI Agent Partner Network, aligning with other industry leaders to integrate AI agents into enterprise workforce systems.

  • LinkedIn CEO Ryan Roslansky To Lead Microsoft's Productivity Initiatives

    In a strategic leadership realignment, Microsoft has appointed LinkedIn CEO Ryan Roslansky to oversee its consumer and small business productivity software division, encompassing Microsoft 365, Teams and AI-driven tools like Copilot.