Category «Financial System»

Pete Recommends – Weekly highlights on cyber security issues, February 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. Four highlights from this week: Inside the Underground Site Where ‘Neural Networks’ Churn Out Fake IDs; 5 Steps to Improve Your Security Posture in Microsoft Teams; Drone surveillance case in Michigan Supreme Court tests privacy rights; and ‘AI Washing’ Is a Risk Amid Wall Street’s Craze, SEC Chief Gesler Says.

Subjects: AI, Cybercrime, Cybersecurity, Email Security, Federal Legislative Research, Financial System, Firewalls, Healthcare, Legal Research, Privacy, Social Media, Spyware

AI in Banking and Finance, February 15, 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: SEC Chair: Existing financial law can be applied to AI regulatory debate; Generative AI financial scammers are getting very good at duping work email; The Unreasonable Effectiveness of Algorithms; How Learning About Harms Impacts the Optimal Rate of Artificial Intelligence Adoption; Fighting Financial Crime With AI Is Not A Trend—It’s A Necessity; and NIST establishes Artificial Intelligence Safety Institute Consortium (AISIC).

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

AI in Banking and Finance, January 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. Five highlights from this post: The Bloomberg Terminal Now Has AI-Generated Summaries of Earnings Calls; Call for papers on Artificial Intelligence in Finance: Next level of artificial intelligence is difficult for banks; Sustainable Banking: Charting The Future With AI And Data Analytics; More impactful than the internet’: How AI will reshape banking jobs; and The fight against greenwashing starts with AI. Here’s why.

Subjects: AI, AI in Banking and Finance, Climate Change, Economy, Environmental Law, Financial System

AI in Finance and Banking January 15, 2024

This semi-monthly column by Sabrina I. Pacifici highlights news, government documents, NGO/IGO 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: The Macroeconomics of Artificial Intelligence; AI Tool Helps Fix Faulty Trades Amid Shift to Faster Settlement Times; Scenario Planning for an A(G)I Future; and Are ChatGPT and GPT-4 General-Purpose Solvers for Financial Text Analytics? A Study on Several Typical Tasks.

Subjects: AI in Banking and Finance, Cryptocurrency, Cybercrime, Cybersecurity, Economy, Financial System, Securities Law

Pete Recommends – Weekly highlights on cyber security issues, January 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: Swatting: The new normal in ransomware extortion tactics; EFF Unveils Its New Street Level Surveillance Hub; IRS has ‘unconscionable delays’ in helping identity theft victims, taxpayer advocate says; and Outlook is Microsoft’s new data collection service.

Subjects: AI, Criminal Law, Cryptocurrency, Cybercrime, Cybersecurity, Data Mining, Financial System, Healthcare, Privacy

Pete Recommends – Weekly highlights on cyber security issues, December 30, 2023

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 Worst Hacks of 2023; Think Twice Before Giving Surveillance for the Holidays; How to Check If Something Online Was Written by AI; and This ‘Pig Butchering’ Scam Has Victims on Both Sides.

Subjects: AI, Cryptocurrency, Cybercrime, Cybersecurity, Financial System, Privacy, Spyware

Pete Recommends – Weekly highlights on cyber security issues, December 23, 2023

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: Google brings privacy washing to Android; Xfinity discloses data breach after recent Citrix server hack; How to Check If Something Online Was Written by AI; and Artificial intelligence can find your location, alarming privacy experts.

Subjects: AI, Criminal Law, Cybercrime, Cybersecurity, Financial System, Government Resources, Information Management, Legal Research, Privacy, Search Engines, Search Strategies, Spyware

AI in Banking and Finance, December 16, 2023

This semi-monthly column by Sabrina I. Pacifici highlights news, government reports, 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. Each entry includes the publication name, date published, article title and abstract. Four highlights from this post: Predicting the Law: Artificial Intelligence Findings from the IMF’s Central Bank Legislation Database; The Financial Stability Oversight Council (FSOC) Annual Report 2023; The Macroeconomics of Artificial Intelligence; and A lot of people aren’t happy with Europe’s new AI Act.

Subjects: AI in Banking and Finance, Financial System, Government Resources, Legal Research, Legislative, United States Law

Pete Recommends – Weekly highlights on cyber security issues, November 25, 2023

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: Secretive White House Surveillance Program Gives Cops Access to Trillions of US Phone Records; Commercial Flights Are Experiencing ‘Unthinkable’ GPS Attacks and Nobody Knows What to Do; ChatGPT Has Been Turned Into A Social Media Surveillance Assistant; and Microsoft lays hands on login data: Beware of the new Outlook.

Subjects: AI, Cybercrime, Cybersecurity, Economy, Email Security, Financial System, Legal Research, Privacy, Travel

Pete Recommends – Weekly highlights on cyber security issues, November 11, 2023

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: Every car is a smart car, and it’s a privacy nightmare; Cybercriminals Are Using Siri and Google Voice Assistants To Scam People; NIST releases revised cyber requirements for controlled unclassified information; and DELETE Act closes ‘big loophole’ and tightens regulations on data brokers.

Subjects: Cybersecurity, Data Mining, Federal Legislative Research, Financial System, Legal Research, Privacy, Social Media