Attention CFOs: Stop worrying, start doing.
Every executive team and board of directors is
asking themselves the same question in regard to their cyber risk
right now: what can we do differently to avoid being the next
Equifax, Yahoo! or Target, and protect our shareholder value?
The answer involves radically reframing one of the
mainstays of the C-suite — the role of the CFO. It’s no longer
adequate or acceptable for CFOs to simply focus on managing the
financial risks of a company. In this new era, we need to team up
with our CISOs to address the cyber exposure gap, the exposed surface
between known threats that are addressed and those that aren’t,
either because security tools are inadequate or threats are flying
under the radar. The wider the gap, the greater the risk of
incidents that can cost millions of dollars in cleanup, lost
business, and declining stock value.
The pendulum swings past “addressing” mental
health issues to “protecting society” by forcing individuals to
prove they are sane?
Joe Cadillic writes:
Imagine police knocking on your door because you posted a ‘troubling comment’ on a social media website.
Imagine a judge forcing you to be jailed, sorry I meant hospitalized, because a computer program found your comment(s) ‘troubling’.
You can stop imagining, this is really happening.
A recent TechCrunch article, warns that Facebook’s “Proactive Detection” artificial intelligence (A.I.) will use pattern recognition to contact first responders. The A.I. will contact first responders, if they deem a person’s comment[s] to have troubling suicidal thoughts.
Read more on MassPrivateI.
If your name isn’t Hertz or Avis, you wave your
rights?
The National Motorists Association (NMA) last week warned the US Supreme Court about the potential for court precedent to undermine the rights of passengers using ride-sharing services. The motorist rights group filed a friend of the court brief on an appeal scheduled to be heard on January 9. The Third Circuit US Court of Appeals had previously ruled that someone driving a rental car with permission can be subjected to a warrantless search simply because his name is not on the rental agreement.
“Because the Third Circuit’s rule guarantees that a significant number of drivers of rental cars will be without Fourth Amendment protection, that rule creates ‘sitting ducks’ for potentially abusive law enforcement activity,” NMA attorney Aaron M. Panner wrote.”
Read more on TheNewspaper.com.
Perhaps we should all wear Donald Trump masks?
… As cruise lines, NFL teams, airlines and
retailers like Walmart begin to test and use facial recognition
software for their own security systems, experts worry that the
technology is ushering in a new erosion of personal privacy.
“Biometric surveillance creep is going on in
both the government and the private sector,” said Adam Schwartz, an
attorney at the Electronic Frontier Foundation, a digital civil
liberties group.
Just
a variation on a fingerprint.
Future
Galaxy phones could fetch passwords with your palm
… A recently spotted Samsung patent
application (PDF)
proposes the use of palm scanning as a method of identification on
Samsung phones. The example given in the patent shows a person
taking a picture of a hand to retrieve their forgotten password.
It will be amusing to watch companies deal with
this. Encryption is so important as a security tool, I not only
taught my Computer Security students how to generate and use
Public/Private (RSA) encryption, I even encrypted one of my exam
questions.
Uber's Use
of Encrypted Messaging App Wickr May Set Legal Precedents
Top executives at Uber used the encrypted chat app
Wickr to hold secret conversations, current and former workers
testified in court this week, setting up what could be the first
major legal test of the issues raised by the use of encrypted apps
inside companies.
The revelations Tuesday and Wednesday about the
extensive use of Wickr inside Uber upended the high-stakes
legal showdown with Alphabet’s Waymo unit, which accuses the
ride-hailing firm of stealing its self-driving car secrets.
Apps such as Wickr, Signal, Telegram, Confide and
Snapchat offer security and anonymity, with features including
passcodes to open messages and automatic deletion of all copies of a
message after as little as a few seconds.
There is
nothing inherently unlawful about instructing employees to
use disappearing messaging apps, said Timothy Heaphy, a lawyer at
Hunton & Williams
and a former U.S. Attorney in Virginia.
However,
companies have an obligation to preserve records that may be
reasonably seen as relevant to litigation or that fall under data
retention rules set by industry regulators. In Uber’s
situation, chat logs that could help get to the bottom of the trade
secrets case are now inaccessible. Uber also faces a criminal
investigation over the alleged theft.
(Related). Because the tools are out there and
are very easy to use?
Uber’s
new chief legal officer tells staff: If you are surveilling people
for competitive intelligence, stop it now
Uber’s top brass addressed
newly revealed allegations a former employee made about the company’s
past
security and surveillance practices in a series of emails to the
staff.
The ride-hail company’s
chief legal officer Tony West, just days into his job, sent an email
to the firm’s security team telling them to stop any competitive
intelligence projects that included surveilling individuals.
… “We don’t need to be following folks
around in order to gain some competitive advantage.”
Yep. it’s all politics.
Twitter clarified
Friday why it didn’t delete anti-Muslim videos that President Trump
retweeted earlier in the week, saying that the videos did not violate
its policies.
The company had
previously said the videos were kept up because they were “newsworthy
for public interest,” but retracted this on Friday.
“To clarify:
these videos are not being kept up because they are newsworthy or for
public interest,” the company
wrote. “Rather, these
videos are permitted on Twitter based on our current media policy.”
… In
response to one question, Dorsey rejected
the idea that Twitter’s decision was motivated by a desire to
keep Trump on Twitter.
… British Prime
Minister Theresa May called Trump’s decision to retweet the videos
“wrong,” saying that he was contributing to “hateful
narratives.”
Not sure I like this idea, Bill Gates or not.
Could be fun to ask my students.
How a
“Robot Tax” Could Reduce Income Inequality
Earlier this year, Microsoft founder Bill Gates
threw his support behind a controversial policy: a
robot tax. As workers in many sectors are replaced by machines,
the government is losing huge
amounts [Really?
Huge amounts? Bob] of income tax revenue. Taxing the
companies that employ robots, Gates reasoned, could help slow the
pace of automation, and the revenue could be used to retrain
employees.
Sergio
Rebelo, a finance professor at the Kellogg School, had serious
doubts when he heard Gates’s argument. For decades, economists
have known that taxing so-called “intermediate goods”—goods
that are used to make other goods, like the bricks used to build a
house, or the robots used to manufacture cars—can make it harder
for suppliers to create and sell their products.
“When you do that, you reduce the level of
production in the economy,” Rebelo says.
Nonetheless, Rebelo thought the robot tax made for
a compelling research topic.
… In fact, the study suggests, if robots
continue displacing people without any policy intervention,
those displaced might suffer large decreases in income, creating a
potentially large rise in income inequality. At the same time,
automation produces a large increase in total income.
An interesting question.
Social Apps
Are Now a Commodity
… Facebook and Instagram, Snapchat and GroupMe
and Messenger and WhatsApp and all the rest—all are more or less
the same. They are commodities for software communication, and
choosing between them is more like choosing between brands of shampoo
or mayonnaise than it is like choosing a set of features or even a
lifestyle.