Category «Financial System»

Pete Recommends – Weekly highlights on cyber security issues, December 21, 2024

Privacy and cybersecurity issues impact every aspect of our lives – home, work, travel, education, finance, health and medical records – to name but a few. On a weekly basis Pete Weiss highlights articles and information that focus on the increasingly complex and wide ranging ways technology is used to compromise and diminish our privacy and online security, often without our situational awareness. Four highlights from this week: The Breachies 2024: The Worst, Weirdest, Most Impactful Data Breaches of the Year; Lawmakers tell Apple, Google to prepare for TikTok ban; CISA lays out how agencies, industry should respond to major cyber incidents; and Warning: A New Scam Targets Consumers with Unsolicited Gifts and Malicious QR Codes.

Subjects: Cybercrime, Cybersecurity, Economy, Financial System, Social Media

The New Administration: A Boon for Investigative Journalism

This commentary by Michael Ravnitzky highlights the critical period ahead for investigative journalism under the new presidential administration. Controversial stances and policy shifts will provide many more opportunities than usual for journalists to uncover and report on critical issues, ensuring that the administration’s actions are thoroughly examined and the public remains well-informed.

Subjects: Economy, Financial System, Legal Research, United States Law

AI in Finance and Banking, November 17, 2024

This semi-monthly column by Sabrina I. Pacifici highlights news, government reports, NGO/IGO papers and conferences, industry white papers, academic papers and speeches on the subject of AI’s fast paced impact on the banking and finance sectors. The chronological links provided are to the primary sources, and as available, indicate links to alternate free versions. Five highlights from this post: The Financial Stability Implications of Artificial Intelligence; The transformative power of AI: economic implications and challenges; ECB Call for papers; Artificial Intelligence, Big Data, and the Path Ahead for Productivity; FSB Roundtable on Artificial Intelligence (AI) in Finance: Summary of key findings; and Concentrating Intelligence: Scaling and Market Structure in Artificial Intelligence.

Subjects: AI in Banking and Finance, Big Data, Financial System, Legal Research

Pete Recommends – Weekly highlights on cyber security issues, November 16, 2024

Privacy and cybersecurity issues impact every aspect of our lives – home, work, travel, education, finance, health and medical records – to name but a few. On a weekly basis Pete Weiss highlights articles and information that focus on the increasingly complex and wide ranging ways technology is used to compromise and diminish our privacy and online security, often without our situational awareness. Four highlights from this week: Warning: Hackers could take over your email account by stealing cookies, even if you have MFA; US regulator could impose bank-like state supervision regime on Google; ome of Substack’s Biggest Newsletters Rely on AI Writing Tools; FBI, CISA, and NSA reveal most exploited vulnerabilities of 2023; and Federal CIO focused on cyber, smooth transition in months ahead.

Subjects: AI, Cybersecurity, Financial System, Privacy, Social Media

Pete Recommends – Weekly highlights on cyber security issues, November 2, 2024

Privacy and cybersecurity issues impact every aspect of our lives – home, work, travel, education, finance, health and medical records – to name but a few. On a weekly basis Pete Weiss highlights articles and information that focus on the increasingly complex and wide ranging ways technology is used to compromise and diminish our privacy and online security, often without our situational awareness. Four highlights from this week: DHS cyber review board to investigate Chinese hack of US telecom as victim net widens; Stolen credit cards up for grabs on Meta’s Threads; Feds warn of AI voice spoofing in healthcare; and The Vanishing Culture report arrives today at a critical moment.

Subjects: AI, Cybercrime, Cybersecurity, E-Commerce, Education, Financial System, Healthcare, Legal Research, Privacy, Social Media

AI in Finance and Banking, October 31, 2024

This semi-monthly column by Sabrina I. Pacifici highlights news, government reports, NGO/IGO papers, industry white papers, academic papers and speeches on the subject of AI’s fast paced impact on the banking and finance sectors. The chronological links provided are to the primary sources, and as available, indicate links to alternate free versions. Five highlights from this post:: SEC to intensify scrutiny of AI tools; The Bank of England is establishing an Artificial Intelligence Consortium; Swift to Launch AI Fraud Detection for Global Banking in 2025; Economics of Artificial Intelligence Keynote; and Artificial Intelligence, the Economy and Central Banking.

Subjects: AI in Banking and Finance, Cyberlaw, Financial System, Legal Research

Pete Recommends – Weekly highlights on cyber security issues, October 26, 2024

Privacy and cybersecurity issues impact every aspect of our lives – home, work, travel, education, finance, health and medical records – to name but a few. On a weekly basis Pete Weiss highlights articles and information that focus on the increasingly complex and wide ranging ways technology is used to compromise and diminish our privacy and online security, often without our situational awareness. Four highlights from this week: Three US industry groups sue FTC to block ‘Click to Cancel’ rule; National Security Agency Mobile Device Best Practices; EU slaps LinkedIn with $334 million fine for targeted advertising; and CFPB Orders Apple and Goldman Sachs to Pay Over $89 Million for Apple Card Failures.

Subjects: Cybercrime, Cybersecurity, Financial System, Legal Research, Social Media

Pete Recommends – Weekly highlights on cyber security issues, October 19, 2024

Privacy and cybersecurity issues impact every aspect of our lives – home, work, travel, education, finance, health and medical records – to name but a few. On a weekly basis Pete Weiss highlights articles and information that focus on the increasingly complex and wide ranging ways technology is used to compromise and diminish our privacy and online security, often without our situational awareness. Four highlights from this week: US Government Recovered $4 Billion Worth of Fraud With AI; Deepfakes Can Fool Facial Recognition on Crypto Exchanges; FTC announces rule to make it easier to cancel subscriptions; There’s Never Been a Better Time to Delete Your 23andMe Data. Here’s How to Do It; and For Customs and Border Protection, AI has been a ‘game-changer’

Subjects: AI, Blockchain, Cryptocurrency, Cybersecurity, Economy, Financial System

AI in Finance and Banking, October 15, 2024

This semi-monthly column by Sabrina I. Pacifici highlights news, government reports, NGO/IGO papers, industry white papers, academic papers and speeches on the subject of AI’s fast paced impact on the banking and finance sectors. The chronological links provided are to the primary sources, and as available, indicate links to alternate free versions. Six highlights from this post: FSB Roundtable on Artificial Intelligence (AI) in Finance; Mastercard Blockchain Patent Could Make Financial Audits Easier; Artificial Intelligence (AI) and Management Accountants (MA) – Future of AIMA Model; Financial Machine Learning; The Office of the Comptroller of the Currency (OCC) is soliciting academic research papers on the use of artificial intelligence in banking and finance; and upcoming seminar – How technology is reshaping the future of money and finance.

Subjects: AI in Banking and Finance, Blockchain, Economy, Financial System, Legal Education, Legal Research