Saturday, November 07, 2020

Just to demonstrate that we are not battling amateurs.

https://www.databreaches.net/ransomware-crims-read-our-bank-balance-and-demanded-the-lot-reveals-scotlands-dundee-and-angus-college/

Ransomware crims read our bank balance and demanded the lot, reveals Scotland’s Dundee and Angus College

Ransomware operators often do their research on their victim to know what assets to go after. Here’s an example where threat actors did their research, but were perhaps too greedy in their demands. Gareth Corfield reports:

The criminals who took out Scotland’s Dundee and Angus College made a ransom demand that precisely added up to the contents of its bank account – and that was no accident, its principal has said……. “The cyber attackers had managed to get access to our bank account and knew how much money we had in it, which was the budget for the whole year. They demanded a ransom of exactly that amount, which we were never going to be able to pay,” Hewitt told Jisc.

Read more on The Register.





Seems biased to me. No taxation without representation! (By AI legislators?)

https://searchenterpriseai.techtarget.com/feature/AI-might-not-have-rights-but-it-could-pay-taxes

AI might not have rights, but it could pay taxes

Artificial intelligence systems shouldn't have rights, but they might have to pay taxes.

That's according to Ryan Abbott, professor of law and health sciences at the University of Surrey in Guildford, England.

During a virtual panel discussion on AI rights at Washburn University School of Law's symposium on the topic, Abbott said that while AI systems now "do the sorts of things people used to do," they don't have consciousness or morals, and thus don't deserve rights.

if AGI were created, it could deserve humanlike rights, noted David Opderbeck, professor of law and co-director of the Gibbons Institute of Law, Science & Technology at Seton Hall University School of Law in Newark, N.J.

That's not to say governments shouldn't subject current AI systems to laws, however.

Tax laws, for example, don't currently take automated workers into account. While human employees contribute payroll and income taxes, an automated "employee" doesn't, Abbott noted.

Governments could lose out on quite a bit of income tax as AI becomes more prevalent and possibly displaces more human workers. Granted, that argument only works if displaced employees don't find other jobs. Abbott predicted that that may happen as AI becomes smarter at a rate that outpaces people's ability to learn new skills or find job training.

"Automation threatens our tax revenue," Abbott said, noting that the biggest sources of federal tax revenue in the U.S. are income and payroll taxes.





Medical-grade coffee may have a future in politics.

https://dilbert.com/strip/2020-11-07



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