Category «Financial System»

Pete Recommends – Weekly highlights on cyber security issues, May 4, 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: 9 Disturbing Stories From People Who Say They Found Cameras in Their Airbnb; Stop Using Your Face or Thumb to Unlock Your Phone; How Netflix and Other Streaming Services Charge You Forever; Kaiser gave 13.4M people’s data to Microsoft, others; and Huawei has been investing in US research despite being banned.

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Subjects: AI, Cyberlaw, Cybersecurity, Financial System, Government Resources, Healthcare, Legal Research, Privacy, Social Media

AI in Finance and Banking, April 30, 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. Four highlights from this post: Banks told to anticipate risks from using AI, machine learning; Banks don’t talk about the energy AI guzzles. Here’s why they should; Chatbot answers are all made up. This new tool helps you figure out which ones to trust; and AI is becoming a big deal for big banks.

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Subjects: AI in Banking and Finance, Climate Change, Economy, Energy, Financial System, Legal Research

Pete Recommends – Weekly highlights on cyber security issues, April 20, 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: 1st-of-its-kind law protects ‘neural data’; Chinese Mafias’ New US Goldmine: Gift Cards; Fair Digital Finance Framework; and The invisible seafaring industry that keeps the internet afloat.

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Subjects: AI, Criminal Law, Cybercrime, Cybersecurity, Economy, Financial System, Government Resources, Healthcare, Legal Research, Legislative, Privacy, United States Law

Pete Recommends – Weekly highlights on cyber security issues, April 13, 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: Hijacked Facebook Pages are pushing fake AI services to steal your data; China-backed operatives used fake social profiles to gauge US political division, Microsoft says; LastPass: Hackers targeted employee in failed deepfake CEO call; Insurers Are Spying on Your Home From the Sky; and Hospital websites share visitors’ data with Google, Meta.

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Subjects: AI, Criminal Law, Cybercrime, Cybersecurity, Email Security, Financial System, Government Resources, Healthcare, Legal Profession, Legal Research, Social Media, Software

Pete Recommends – Weekly highlights on cyber security issues, March 23, 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: How to Figure Out What Your Car Knows About You; The Feds Can Film Your Front Porch for 68 Days Without a Warrant, Says Court; X Continues to Break as Fraudsters Use Deceptive Links to Scam; FDA and You; Artificial Intelligence and Medical Products: How CBER, CDER, CDRH, and OCP are Working Together; DOJ sues Apple in antitrust case, says it has illegal monopoly over smartphones; Data brokers admit they’re selling information on precise location, kids, and reproductive healthcare; X Continues to Break as Fraudsters Use Deceptive Links to Scam You; and Why you should stop using SMS.

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Subjects: AI, Big Data, Business Research, Cybercrime, Cybersecurity, Financial System, Government Resources, Healthcare, Medical Research, Privacy, Social Media

Pete Recommends – Weekly highlights on cyber security issues, March 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. Five highlights from this week: Airbnb Bans All Indoor Security Cameras; How Fraudsters Break Into Social Security Accounts and Steal Benefits; 10 free cybersecurity guides you might have missed; Who Is Collecting Data from Your Car?; and Driving fast or braking hard? Your connected car may be telling your insurance company.

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Subjects: Cybercrime, Cybersecurity, Economy, Financial System, Government Resources, Healthcare, Privacy, Securities Law

Pete Recommends – Weekly highlights on cyber security issues, March 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. Five highlights from this week: A Vending Machine Error Revealed Secret Face Recognition Tech; The Impact of Technology on the Workplace: 2024 Report; A government watchdog hacked a US federal agency to stress-test its cloud security; Using AI to fight fraud is paying off, Treasury says; and These Video Doorbells Have Terrible Security. Amazon Sells Them Anyway.

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Subjects: AI, Cybercrime, Cybersecurity, Economy, Email Security, Financial System, Healthcare, Privacy

AI in Banking and Finance February 29, 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. Four highlights from this post: How businesses are actually using generative AI; The Age of Uncertainty—and Opportunity: Work in the Age of AI; Financial Stability Board To Focus on Asset Tokenization and AI, Chair Says; and Bankers Will See AI Transform Three-Quarters of Day, Study Says.

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

Scam Baiting: An Innovative Approach to Combating Online Fraud

The thesis of Kyra Strick’s instructive paper promotes a proactive approach to a rapidly increasing online security crisis. Strick states that in the dynamic landscape of cybersecurity, scam baiting has emerged as a captivating and unconventional approach to combating online fraud. Scam baiting is the practice of engaging with scammers to expose their tactics and disrupt their operations. It serves as an offensive and a defensive measure, safeguarding individuals from falling prey to scams, promoting data protection education, and empowering individuals to protect their digital security.

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

Pete Recommends – Weekly highlights on cyber security issues, February 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. Four highlights from this week: As AI Looms Large, FTC Says Big Tech Can’t Feed it Your Data Without Your Permission; Protect Yourself from Identity Thieves; Survey Finds Workers are Putting Businesses at Risk by Oversharing with GenAI Tools; and Meet the shady companies helping governments hack citizens’ phones.

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Subjects: AI, Big Data, Cybersecurity, Economy, Financial System, Government Resources, Healthcare, KM, Legal Research, Privacy, Social Media
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