Category «Financial System»

Pete Recommends – Weekly highlights on cyber security issues, August 24, 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: Meta’s new crawler could scrape your page, even when you don’t want it to; Don’t trust Google for customer service numbers. It might be a scam; Cox Communications Battles Copyright Case That Could Disrupt TV Streaming for Millions; U.S. government urging to update Galaxy phones due to vulnerability; and IRS still faces security challenges in aftermath of taxpayer data leak.

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

Pete Recommends – Weekly highlights on cyber security issues, August 17, 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. Six highlights from this week: How to stop the government from deleting itself; Six ransomware gangs behind over 50% of 2024 attacks; Thousands of Corporate Secrets Were Left Exposed. This Guy Found Them All; The California Journalism Preservation Act takes a step forward; Microsoft Tweaks Fine Print To Warn Everyone Not To Take Its AI Seriously; Study finds 94% of business spreadsheets have critical errors.

Subjects: AI, Business Research, Competitive Intelligence, Cybercrime, Cybersecurity, Economy, Financial System, Freedom of Information, Government Resources, Legal Research, Privacy, Search Engines

AI in Banking and Finance, August 15, 2015

This semi-monthly column by Sabrina I. Pacifici highlights news, government documents, 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: How Conversational and Generative AI is shaking up the banking industry; IMF AI Preparedness Index; Deep Learning for Economists; Crisis Amplifier? How to Prevent AI from Worsening the Next Economic Downturn; Generative artificial intelligence and cyber security in central banking; and Financial agencies’ AI tests could get reprieve from enforcement.

Subjects: AI in Banking and Finance, Business Research, Computer Security, Congress, Cybercrime, Cybersecurity, Financial System, Government Resources, Legal Research, Legislative

Pete Recommends – Weekly highlights on cyber security issues, August 9, 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: Nearly 3 billion people just had their data leaked!!; Text message exploits are scarier than ever, but you can protect yourself with these tips; Government IT systems in the hands of a single vendor puts agencies at risk; Apple says Safari protects your privacy. We fact-checked those claims; and Lawmakers look to clarify electronic medical device use in secure facilities.

Subjects: Big Data, Cybercrime, Cybersecurity, Data Mining, Financial System, Healthcare, Privacy, Search Engines, Search Strategies, Social Media

AI in Finance and Banking, July 31, 2024

This semi-monthly column by Sabrina I. Pacifici highlights news, government documents, 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: Hearing Entitled: AI Innovation Explored: Insights into AI Applications in Financial Services and Housing; How Banks Can Combat Fraud, Cybercrime With Advanced Technology, AI; AI in banking risk management: exploring latest trends and use cases; JPMorgan Chase has begun rolling out a generative artificial intelligence product; How Banks Can Combat Fraud, Cybercrime With Advanced Technology, AI; and Gen AI takes over finance: The leading applications and their challenges.

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

How to Get a Discount on Your Car Insurance

As part of the reporting process for The Markup’s investigation into inequitable insurance pricing, they dug through more than 52,000 pages of documents that insurance companies filed with government regulators detailing their pricing algorithms. Aaron Sankin reports on the many different ways you can save some money on your car insurance, including built-in discounts that you could be taking advantage of. These discounts reward customers who could save insurers money in the long run by, say, taking steps to reduce their risk of getting in costly crashes or opting into features that lower companies’ administrative costs.

Subjects: Economy, Financial System, Travel

Massive IT outage spotlights major vulnerabilities in the global information ecosystem

Professor Richard Forno highlights the fragility of our enterprise IT systems against the backdrop of the global information technology outage on July 19, 2024 that paralyzed organizations ranging from airlines to hospitals and the delivery of uniforms for the Olympic Games, representing a growing concern for cybersecurity professionals, businesses and governments.

Subjects: Cybersecurity, Economy, Financial System, Health, Information Management, Software

AI In Finance and Banking – July 15, 2024

This semi-monthly column by Sabrina I. Pacifici highlights news, government documents, papers by economists, NGO/IGOs, speeches, and industry white papers 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: We need bold minds to challenge AI, not lazy prompt writers, bank CIO says; Managing AI in banking: are we ready to cooperate?; The gen AI gender gap; Will User-Contributed AI Training Data Eat Its Own Tail?; Demand for Artificial Intelligence in Settlement Negotiations; and Artificial intelligence – a central bank’s view.

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

Pete Recommends – Weekly highlights on cyber security issues, July 6, 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. Eight highlights from this week: US car dealerships are recovering from massive cyberattack: 3 things you should know; Deepfake attacks will cost $40 billion by 2027; FTC – Who’s who in scams: a spring roundup; Cloudflare is taking a stand against AI website scrapers; Microsoft tells more customers their emails have been stolen; Tips to Make Facebook and Instagram Fun Again; and How to Stop ChatGPT Training On Your Data.

Subjects: AI, Communication Skills, Cybersecurity, Economy, Email Security, Financial System, Healthcare, Privacy, Social Media, Travel

Pete Recommends – Weekly highlights on cyber security issues, June 29, 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: AI Tools Make It Easy to Clone Someone’s Voice Without Consent; Red Tape Is Making Hospital Ransomware Attacks Worse; Interpol Arrests Almost 4,000 People in Crackdown on International Online Scams; Zero-Day Exploits: Definition & How It Works (With Examples); and U.S. Bans Kaspersky – Here Are the Best Antivirus Alternatives.

Subjects: AI, Cybercrime, Cybersecurity, Economy, Financial System, Privacy