Category «Financial System»

Pete Recommends – Weekly highlights on cyber security issues, January 18, 2025

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. Five highlights from this week: Apps That Are Spying on Your Location; AI-supported spear phishing fools more than 50% of targets; Multi-Factor Authentication (MFA), once celebrated as an unbreakable defense, is crumbling under the weight of its outdated technology; NSA Warns iPhone And Android Users – Disable Location Tracking; and Chinese Innovations Spawn Wave of Toll Phishing Via SMS.

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Subjects: AI, Cybercrime, Email Security, Financial System, Privacy

Lie About Your Birthday 🎂

Your birth date, like your phone number (get a burner number), is personal information that scammers can use to steal your identity or target you for fraud. Sisi Wei asks you to think back: How many times have you been asked to verify your date of birth in serious situations, like when recovering your login from your bank, or getting your medical information from your doctor office?

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Subjects: Financial System, Healthcare, Privacy, Search Engines, Shopping, Social Media

Pete Recommends – Weekly highlights on cyber security issues, January 11, 2025

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: A Day in the Life of a Prolific Voice Phishing Crew; 33 Chrome extensions that have been found to have malware; Experian Conducted ‘Sham Investigations’ Into Errors in Its Credit Reports; and Lie About Your Birthday.

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

Pete Recommends – Weekly highlights on cyber security issues, December 28, 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. Five highlights from this week: Consumer Financial Protection Bureau sued the operator of Zelle, as well as Bank of America, JPMorgan Chase and Wells Fargo “for failing to protect consumers from widespread fraud” at the payment provider; You Need to Create a Secret Password With Your Family; North Korean Hackers Deploy OtterCookie Malware in Contagious Interview Campaign; How to block Chrome from signing you into a Google account automatically; and Mobile Phishing Attacks Use New Tactic to Bypass Security Measures.

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Subjects: Cybercrime, Cybersecurity, Economy, Financial System, Legal Research, Privacy, Search Engines

No flood gauges, no warning: 99% of US streams are off the radar amid rising flash flood risks – we saw the harm in 2024

Flooding is one of the deadliest and costliest natural disasters in the U.S., causing billions of dollars in damage each year. In 2024 alone, floods destroyed homes in over a dozen states and claimed more than 165 lives. Julie Arbit, Brad Bottoms and Branko Kerkez identify how thesedisasters underscore the importance of fast, accurate flood warnings. They’re also a reminder that extensive gaps still exist in the systems that monitor U.S. stream levels.

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Subjects: Disaster Planning, Economy, Energy, Environmental Law, 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.

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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.

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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.

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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.

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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.

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