Category «Financial System»

Pete Recommends – Weekly highlights on cyber security issues, August 12, 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: Zoom Contradicts Its Own Policy About Training AI On Your Data; ‘Hypnotized’ ChatGPT, Bard Generate Malicious Code, Bad Advice; SEC charges big banks with doing business through messaging apps without keeping records; and White House announces cybersecurity plan to protect nation’s public schools.

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Subjects: AI, Communications, Cryptocurrency, Cybercrime, Cybersecurity, Education, Financial System, Government Resources, Legal Research, Privacy

AI in Banking and Finance, July 30, 2023

This semi-monthly column by Sabrina I. Pacifici highlights news, government reports and industry white papers as well as academic 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. Each entry includes the publication name, date published, article title and abstract. Four highlights from this week: What The Generative AI Boom Means For Your Job, The Economy And The S&P 500; BloombergGPT: A Large Language Model for Finance; Generative AI and the future of work in America; and Will AI Cause ‘Explosive’ Economic Growth?

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

Pete Recommends – Weekly highlights on cyber security issues, July 29, 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: New Tool Shows if Your Car Might Be Tracking You, Selling Your Data; Crypto Sector Is Rife With ‘Fraud’ and ‘Hucksters’ Warns Gary Gensler; This Stalkerware is Spying On Thousands: Here’s What To Do; and How researchers broke ChatGPT and what it could mean for future AI development.

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Subjects: AI, Blockchain, Cryptocurrencies, Cybercrime, Cybersecurity, Economy, Financial System, Health, Legal Research, Privacy, Securities Law

Decentralized Autonomous Organizations (DAO) 2023

As stated by Ethereum, “a DAO is a collectively-owned, blockchain-governed organization working towards a shared mission.” Marcus P. Zillman features resources on how DAOs can impact business operations, identifies challenges to participation, and delivers a diverse bibliography of NFT resources that includes governance, regulation, blockchain and law.

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Subjects: Blockchain, Economy, Financial System, Legal Research

AI in Banking and Finance – July 15, 2023

This semi-monthly column by Sabrina I. Pacifici highlights news, government reports and industry white papers as well as academic 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. Each entry includes the publication name, date published, article title and abstract. Four highlights from this week: OECD: 60% of finance and manufacturing workers fear AI replacement; Wharton professor says ‘things that took me weeks to master in my PhD’ take ‘seconds’ with new ChatGPT tool; AI, trust, and data security are key issues for finance firms and their customers; and Finance Professionals May Find A Research Assistant In AI.

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Subjects: AI in Banking and Finance, Columns, Cybercrime, Cybersecurity, Economy, Financial System

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

Privacy and cybersecurity issues impact every aspect of our lives – home, work, travel, education, 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: Amazon delays virtual care service’s unveiling after senators raised privacy concern; FBI launches national ‘swatting’ database amid rising incidents; How Do Some Companies Get Compromised Again and Again?; and Does ChatGPT Save My Data? OpenAI’s Privacy Policy Explained.

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Subjects: AI, Big Data, Congress, Criminal Law, Cybercrime, Cybersecurity, Economy, Education, Email Security, Financial System, Health, Healthcare, Legal Research, Privacy

AI and the Financial System – June 28, 2023

This new bi-monthly column by Sabrina I. Pacifici highlights news, reports, government and industry documents, and academic papers on the subject of AI’s fast paced impact on many facets of the global financial system. 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, abstract and tags. Pacifici is also compiling a list of actionable subject matter resources at the end of each column that will be updated regularly.

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Subjects: AI, AI in Banking and Finance, Cybercrime, Cybersecurity, Economy, Ethics, Financial System, Legal Research, Technology Trends

Is A Crypto Collapse Inevitable?

Jerry Lawson and Elizabeth Southerland identify technical reasons why the crypto bubble is bursting, including the fact that theoretically unbreakable encryption schemes like those underpinning blockchain have proven to be less than impermeable in practice, as users of Coinbase discovered upon losing fortunes. Attackers go after the weakest link in the chain, usually the way in which the algorithm is implemented. Perhaps more ominous, the emergence of a new class of devices called quantum computers threatens to eat the algorithms that underlie crypto for lunch.

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Subjects: Blockchain, Cryptocurrencies, Cryptocurrency, Cybercrime, Cybersecurity, Economy, Financial System, Legal Research

Pete Recommends – Weekly highlights on cyber security issues, June 3, 2023

Privacy and cybersecurity issues impact every aspect of our lives – home, work, travel, education, 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: New EPIC Report Sheds Light on Generative A.I. Harms; Don’t Store Your Money on Venmo, U.S. Govt Agency Warns (or PayPal); FTC Says Ring Employees Illegally Surveilled Customers, Failed to Stop Hackers from Taking Control of Users’ Cameras; and Twitter withdraws from EU’s disinformation code as bloc warns against hiding from liability.

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Subjects: AI, Cybercrime, Cybersecurity, Economy, Financial System, KM, Privacy, Spyware, United States Law

Pete Recommends – Weekly highlights on cyber security issues, May 27, 2023

Privacy and cybersecurity issues impact every aspect of our lives – home, work, travel, education, 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: Essay on the poisoning of LLMs—ChatGPT in particular; Chinese hackers seek capabilities to disrupt communications between US and Asia in event of crisis, Microsoft says; CISA and Partners Update the #StopRansomware Guide; and How To Switch to Using Passkeys With Your Google Accounts.

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Subjects: AI, Cryptocurrency, Cybercrime, Cybersecurity, Financial System, Healthcare, Privacy, Social Media, Viruses & Hoaxes
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