Allen Cone reports:
The Lotte Group said Wednesday
its website in China was hacked, one day after South Korea’s retail giant
signed a deal to sell land for a U.S. missile defense system in South Korea.
The website, www.lotte.cn, was
inaccessible since Tuesday afternoon because of a virus planted by
hackers, a Lotte official said, citing an analysis of computer
security experts.
Read more on UPI.
These are not Terminators.
What damage would a re-programmed Rumba do? Vacuum counter-clockwise rather than
clockwise? Every new technology must
re-learn the security processes of all previous technologies.
Thomas Fox-Brewster reports:
Are the human gods creating our
future robot overlords bestowing their creations with solid cybersecurity? A pair of hackers think not.
The researchers, from security
consultancy IOActive, claimed Wednesday to have found a whopping 50
vulnerabilities across components of major home and industrial robots. If exploited, those weaknesses could
allow remote control of the machines or reprogramming of their functions,
whilst possibly leaking their data, the researchers said. And they believe there’s worse to come, as
their hacks have only gone skin deep thus far.
Read more on Forbes.
So, you don’t need a warrant? This is a regulation, not a law?
Schumer asks FCC for waiver to trace Jewish center bomb
threats
Senate Minority Leader Charles Schumer (D-N.Y.) on Tuesday asked the Federal
Communications Commission (FCC) for a waiver to unscramble anonymous phone
numbers that had been used to call in bomb threats to a New York Jewish
Community Center.
It is no good, but for now it is good, even though it is
no good. Got it!
Tim Cushing reports:
Thanks to the FBI’s one-to-many
NIT warrant, which was issued in Virginia but reached thousands of computers all over the world, yet another
federal judge is dealing with the fallout of the feds’ efficiency. Michigan federal judge Thomas Ludington finds
plenty he doesn’t like about the FBI’s malware and the DOJ’s defense of it, but
still can’t quite find enough to warrant suppression of the evidence [PDF link].
Read more on TechDirt.
Someone in Google’s legal department must have Okayed
this, right? Even if the evaluation was
more “Profit will exceed Cost of litigation” rather than “Ethical, Moral and
Legal.”
Glynis Farrell reports:
A federal judge in Illinois
refused Monday to dismiss a class-action lawsuit claiming Google illegally
collects face geometry scans from photographs taken on its smartphones without
users’ knowledge.
Lead plaintiff Lindabeth Rivera
alleges a photo taken of her on a Google Android device was automatically uploaded
to the company’s cloud-based service, Google Photos, where her facial features
were scanned to create a unique face template without her consent.
Read more on Courthouse
News.
Who was managing the company? Apparently, ‘no one.’ So ‘no one’ should go to jail? And once again, that “really big screw-up”
they told us about is even bigger that they initially admitted.
Wells Fargo says more customers could be affected by sales
scandal
Wells Fargo said on Wednesday that eight top executives,
including chief executive Tim Sloan, will not receive bonuses this year,
the latest effort by the megabank to move beyond a sales scandal involving
millions of fake customer accounts.
The bank also said the number of customers affected by the
sales practices may be bigger than previously estimated, according to regulatory
filings released Wednesday.
Wells
Fargo’s board has not found that the executives did anything wrong, [Yes fans,
being ignorant IS part of their job
description! Bob] according
to a company statement, rather the action is a way for them to share
accountability for the sales scandal that has rocked the more-than-100-year-old
San Francisco bank.
… The bank is
still conducting an internal review of the behavior, and is looking as far back
as 2009 to figure out how many unauthorized accounts were created. Those findings could also lead to “additional
legal or regulatory proceedings,” increased compliance costs or the
discovery of other problematic practices, the bank said in the filings.
(Related).
Ignorance is expensive.
Yahoo’s Top Lawyer Resigns and C.E.O. Marissa Mayer Loses
Bonus in Wake of Hack
Yahoo’s top lawyer, Ronald S.
Bell, resigned Wednesday, and its chief executive, Marissa Mayer, lost her 2016
bonus after a board investigation of the 2014 theft of information on more than
500 million user accounts.
Senior
executives, company lawyers and information security staff were aware of the hack
in 2014 and also knew about subsequent attempts to break into the affected
accounts in 2015 and 2016, but failed to “properly comprehend or investigate”
the situation, the company’s board of directors said in a securities
filing on Wednesday.
The board “did not conclude that there was an
intentional suppression of relevant information.”
… Ms. Mayer, who
will also give up her 2017 equity compensation in connection with the incident,
said in a
statement that she did not learn of the breach until September 2016, when
Yahoo first disclosed the hack to the public.
(Related). Quis custodiet ipsos custodes?
The New York Stock Exchange requires that the boards of all publicly traded corporations
conduct a self-evaluation at
least annually to determine whether they are functioning effectively.
… In a study of 187 boards we undertook with The Miles Group,
a consulting and advisory firm, we found that most board evaluations fail to
identify and correct poor performance among individual members.
Perspective. A
brief update.
How to Thrive — and Survive — in a World of AI Disruption
… Deep learning
and neural networks have dramatically improved in effectiveness and impact,
leading to human-level performance in many aspects of vision, conversational
speech, and problem-solving. As a
result, industries are in the midst of a major transformation and more is on
the way.
Tales from the techno-future? Soon, every business will have to accept
orders from an App and make deliveries by drone. (It may even be a law!) Lots of opportunity for third parties?
McDonald’s Is Finally Getting Mobile Ordering and Delivery
McDonald's is betting on new tech like mobile orders and
payments to halt an exodus of U.S. customers that has seen store visits fall by
500 million since 2012.
The hamburger giant unveiled plans at its
annual investor day to make "mobile order and pay" available at all
of its roughly 14,000 U.S. restaurants by the autumn. McDonald's will also finally introduce delivery, giving in
to a long held demand from patrons who have drifted to rivals in recent years.
(Related). Think of
these as one of those Amazon buttons sewn into the sneaks. (You will need to change shoes to order Chinese.)
Pie Tops: Pizza Hut introduces new smart shoes that let you
order pizza with the push of a button
For my students, to create virtual study groups.
Apps like FaceTime have made video calling between two
people instant and easy. Not
so long ago, setting up a video chat between several parties was a big pain in
the neck, but that’s thankfully changed.
Nobody wants to
download a bunch of software, work with a complicated system, or pay money
to join a group conference call. We’ve
got good news: There are several awesome, simple services that you can use for
personal video conference calls that don’t cost
anything.
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