Michael Riley and Alan Katz report:
Investigators are examining
possible computer breaches at as many as 12 banks linked to Swift’s global
payments network that have irregularities similar to those in the theft of $81
million from the Bangladesh central bank, according to a person familiar with
the probe.
FireEye, the security firm hired
by the Bangladesh bank, has been contacted by the other banks, most of which
are in Southeast Asia, because of signs that hackers may have breached their
networks, the person said. They include
banks in the Philippines and New Zealand but not in Western Europe or the
United States. There is no indication of
whether money was taken.
Read more on Bloomberg.
Do insurers routinely audit banks?
Ken Kronstadt and Crystal Skelton of Kelley Drye &
Warren LLP write:
Last week, the Eighth Circuit
upheld a lower court’s ruling in State Bank of Bellingham v. BancInsure Inc.,
finding that a bank employee’s negligence
in securing its computer network did not preclude coverage for a data
breach resulting in a fraudulent funds transfer. The decision affirms the lower court’s ruling
granting summary judgment in favor of the Bank of Bellingham, holding that the
loss was covered even if employee negligence contributed to the loss.
Read more on JDSupra.
The downside of those “double secret” hacks.
Patrick Howell O’Neill reports:
A federal judge has thrown out
all the evidence gathered by the FBI using a hacking tool targeting Tor users in a child-porn
investigation.
U.S. District Court Judge Robert
Bryan on Wednesday shut down the FBI’s case against defendant Jay Michaud, a
Vancouver middle-school teacher accused of downloading child porn through the
Tor anonymity network while the FBI surreptitiously took control of a
child-porn site called Playpen for two weeks in early 2015.
Read more on Daily Dot.
[From the
article:
Bryan's order came after the FBI refused to reveal the
full code behind the hack.
One area of biometrics analyzes how you walk, why not
extend that to how you drive?
Andy Greenberg reports:
The way you drive is surprisingly unique. And in an era when automobiles have become
data-harvesting, multi-ton mobile computers, the data collected by your car—or
one you rent or borrow—can probably identify you based on that driving style
after as little as a few minutes behind the wheel.
In a study they plan to
present at the Privacy Enhancing Technology Symposium in Germany this July, a
group of researchers from the University of Washington and the University of
California at San Diego found that they could “fingerprint” drivers based only
on data they collected from internal computer network of the vehicle their test
subjects were driving, what’s known as a car’s CAN bus.
Read more on Wired.
How do I explain this to my students? I tell them to hire a good lawyer.
Google Doesn’t Owe Oracle a Cent for Using Java in Android,
Jury Finds
Google’s use of the
Oracle’s Java programming language in the Android operating system is legal, a
federal jury found today in a verdict that could have major implications for
the future of software development.
The case, which has dragged on for six years, could have
cost Google as much as $9 billion in damages had it lost. But the decision affects more than just
Google. The case is important because it
helps clarify the copyright rules around what programmers can borrow for their
own work. Programmers routinely borrow
APIs from existing products either to ensure compatibility between products or
simply to make it easier to learn a new product. An Oracle victory could have seriously
curtailed that practice, hindering the creation of new software.
… The ruling is good news for programmers in general, but the
Electronic Frontier Foundation (EFF) has argued that techies and the public
have already lost because of the earlier decision that found that APIs are
subject to copyright.
Up ‘til now, cars have been blind?
Intel buys a Russian machine vision firm for IoT devices and
self-driving cars
Intel (NASDAQ:INTC) is buying Itseez, a Russian developer of computer vision algorithms
and related technology for embedded systems.
Terms are undisclosed.
Intel: "This acquisition furthers Intel’s efforts to
win in IoT market segments like automotive and video, where the ability to
electronically perceive and understand images paves the way for innovation and
opportunity. Itseez will become a key
ingredient for Intel’s Internet of Things Group (IOTG) roadmap, and will help
Intel’s customers create innovative deep-learning-based CV applications like
autonomous driving, digital security and surveillance, and industrial
inspection."
IT Architecture, again.
Instead of a plain old computer screen you get a cute(?) little
robot.
Will Pizza Hut soon be run by robots?
Some restaurants have started experimenting with
human-like robots instead of human cashiers, allowing consumers to pay for
their meals without interacting with another person. Although many restaurants have allowed digital ordering, either
online, by kiosk or on tablets at the table, the practice of using humanoid, or
human-like robots, is still in its earliest stages, and it’s primarily
happening in Asia so far. Experts say
the robots could benefit restaurants and lead to wider adoption — if diners
aren’t too freaked out by them.
Why I’m teaching two sections of my Computer Security
class.
Cybersecurity recruitment in crisis
Globally cybersecurity is in crisis not solely from a lack of skilled personnel, but also from a lack of strategic
direction and companies inability to hire staff in an expedient, effective and
efficient manner.
ISSA, (ISC)2, ISACA, Cisco, and PwC have all
released major studies showing the cybersecurity skills gap has reached a
crisis point worldwide. The number of positions to be filled vary widely from
each study, but the majority of them put the gap at over a million positions by
the end of the decade. One might go so far as to call it a cybersecurity skills
gulf. This is not a new challenge, but one that has been developing over time.
(Related) Security includes ethics?
Tech Savvy: Two Questions for Managers of Learning Machines
… The first, which
Dhar takes up in
a new article on TechCrunch, is
how to “design intelligent learning machines that minimize undesirable
behavior.”
… The second
question, which Dhar explores in an
article for HBR.org, is when and when not to allow AI machines to make
decisions.
Perhaps more for lawyers and future politicians?
Congress.gov adds RSS and email alerts for researchers
by Sabrina I. Pacifici on May 26, 2016
Via Emily Carr, LC – “…new email alerts and RSS feeds are
now available from Congress.gov. For more details, see New Email Alerts and RSS Feeds on Congress.gov:
“Building on those email alerts, there is now an
additional set of email alerts and the first RSS feeds that you can
subscribe to from Congress.gov
- Most-Viewed Bills (email | RSS)
- Search Tips (email | RSS)
- Bills Presented to the President (email | RSS)
- On the House Floor Today (email | RSS)
- On the Senate Floor Today (email | RSS)
- In Custodia Legis: Law Librarians of Congress (email | RSS)”
Moneyball, but understandable! Worth reading.
What a Minor League Moneyball Reveals About Predictive
Analytics
(Related) I see
this as a business opportunity,
Data Analytics Rarely Leveraged to Detect Fraud
A new report released by KPMG this week on fraud shows
little major change when compared to previous reports - except perhaps that
there are more female fraudsters today than there were previously. Statistically,
fraudsters tend to be male, management, working in groups colluding with
outsiders, and aged between 35 and 55. But there is one particularly worrying
statistic: technology-assisted fraud is increasing while technology-assisted
detection is falling.
… A major
recommendation of the report
(PDF) is the increased use of technological defenses.
Saturday silly a day early.
Hack Education Weekly News
… Via
the AP: “A complaint filed Tuesday with Texas education
officials accuses a charter-school network of abusing a visa program to import
large numbers of Turkish teachers and violating state and federal laws by
paying them more than American teachers. The complaint also asserts that the network, Harmony Public Schools,
skirts competitive bidding rules to award contracts to Turkish vendors.”
… Via
Boing Boing: “JJ Abrams urges Paramount to drop its lawsuit over fan Star
Trek movie.” The lawsuit in question
involves Paramount’s claim that the Klingon language is
copyrightable.
… Via The New
York Times: “Group Urging Free Tuition at Harvard Fails to Win Seats
on Board.”
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