Computer
Security training.
Phishing
Emails Have Become Very Stealthy. Here Are 5 Ways to Spot Them Every
Time
… Most
phishing emails appear completely legitimate, often by imitating a
company's logo using high-quality graphics and including opt-out
instructions. For this reason, it's
quite common for recipients to be fooled, and even large
companies have fallen prey to these scams. SiteLock has published a
round-up
of some recent phishing examples to demonstrate the prevalence of
these scams and how to protect against them.
Some
IoT background.
Now
Available: IoT Webinar Series — Cyberthreats in the Internet of
Things
On
July 16, 2019, Nathan Salminen, Allison Holt, and Paul Otto from the
Hogan Lovells Privacy and Cybersecurity and Litigation teams
presented a webinar, “Cyberthreats in the Internet of Things”
where they explored some techniques that can be used to exploit
potential vulnerabilities in connected devices and how those types of
events impact organizations from a regulatory and litigation
perspective.
… The
speakers discussed unique litigation and technical risks related to
the IoT ecosystem and some of the technical aspects of hacking
threats to connected devices, how those threats may differ from other
cyberthreats, and the legal implications of such threats.
… To view
the webinar recording and to download the presentation slides, please
click
here.
These
fines add up. At what point will Facebook notice them?
Facebook
to pay separate $100 million SEC fine over Cambridge Analytica
scandal
It's
a fraction of the FTC settlement.
(Related)
… . As Tony Romm reported in The Washington
Post this week, the F.T.C. had originally conceived of significantly
tougher punishments for Facebook, including fines exceeding tens of
billions of dollars as well as direct liability for the company’s
c.e.o., Mark Zuckerberg. The report lays out the nuance of the
settlement negotiation process, and what I found striking was how it
seemed as if — despite being the party in violation of the rules —
Facebook appeared to have the upper hand:
Internally, the agency
knew that it wasn’t guaranteed to get a multibillion dollar fine
and other new commitments from a federal judge. Adding to the
trouble, the agency, armed with a relatively small $306 million
budget in 2018 that supported roughly 1,100 employees, had to
confront the possibility that it might be outmatched in such
litigation … A loss also could have immensely damaged the agency,
perhaps setting a legal standard that curtailed the commission’s
authority to police other tech giants for their privacy and security
practices.
Facebook, in other words, is too big to fight.
And so it received a fine that is roughly equivalent to a month of
the company’s yearly revenue.
Costly, aren’t they?
Your
business hit by a data breach? Expect a bill of $3.92 million
… On
Tuesday, IBM Security released its annual study, the Cost
of a Data Breach Report,
to estimate both the immediate and ongoing expense of a data breach.
According to the company, the cost of a data breach has risen by 12
percent over the course of five years, and organizations can expect
to pay an average of $3.92 million.
(Related)
Possible appendix to the Computer Security budget request?
In
Just One Evil Internet Minute, Over Two Phish Are Detected And $2.9
Million Is Lost To Cybercrime
RiskIQ,
the global leader in attack surface management, released its annual
“Evil Internet Minute” report today. The company tapped
proprietary global intelligence and third-party research to analyze
the volume of malicious activity on the internet, revealing that
cybercriminals cost the global economy $2.9 million every minute last
year, a total of $1.5 trillion.
… RiskIQ’s
Evil Internet Minute infographic can be found here:
https://www.riskiq.com/infographic/evil-internet-minute-2019/
Not
just no, hell no! I teach my students to generate encryption using
the RSA algorithm in about 30 minutes. Anyone (terrorists, crooks,
attorneys general) could do the same. According
to the 2018 wiretap report
(https://www.uscourts.gov/statistics-reports/wiretap-report-2018)
only 146 of 2937 wiretaps encountered encryption. Roughly 5%.
US
Attorney General Says Encryption Creates Security Risk
U.S.
Attorney General Bill Barr said Tuesday that increased encryption of
data on phones and computers and encrypted messaging apps are putting
American security at risk.
Barr’s
comments at a cybersecurity conference mark a continuing effort by
the Justice Department to push tech companies to provide law
enforcement with access to encrypted devices and applications during
investigations.
“There
have been enough dogmatic pronouncements that lawful access simply
cannot be done,” Barr said. “It can be, and it must be.”
I
ask my students if they read the GDPR law and articles and
immediately said, “There’s money to be made here!” If not, why
not?
5
data privacy startups cashing in on GDPR
… Aside
from GDPR, Europe is also weighing up a new ePrivacy
Regulation,
which covers individuals’ privacy in relation to electronic
communications. Elsewhere, countries and jurisdictions around the
world are increasingly adopting their own privacy-focused
regulations, with
the likes of China and
Russia already instilling local
data residency requirements for
citizens. And the California Consumer Privacy Act (CCPA)
designed to enhance privacy rights of consumers living in the state
will take effect on Jan 1, 2020.
Amid
all this turmoil, companies are emerging to capitalize on the growing
demand for data privacy tools, both for regulatory compliance and
consumer peace of mind. In the past month alone, at least five such
companies have raised sizable sums of cash for various data privacy,
protection, and compliance products. Here’s a quick look at the
companies and what they do.
Do
they actually go together?
Artificial
Intelligence and Law: An Overview
Surden,
Harry, Artificial Intelligence and Law: An Overview (June 28, 2019).
Georgia State University Law Review, Vol. 35, 2019; U
of Colorado Law
Legal Studies Research Paper No. 19-22. Available at SSRN:
https://ssrn.com/abstract=3411869
“Much
has been written recently about artificial intelligence (AI) and law.
But what is AI, and what is its relation to the practice and
administration of law? This article addresses those questions by
providing a high-level overview of AI and its use within law. The
discussion aims to be nuanced but also understandable to those
without a technical background. To that end, I first discuss AI
generally. I then turn to AI and how
it is being used by lawyers in the practice of law, people
and companies who are governed by the law, and government officials
who administer the law. A key motivation in writing this article is
to provide a realistic, demystified view of AI that is rooted in the
actual capabilities of the technology. This is meant to contrast
with discussions about AI and law that are decidedly futurist in
nature.”
Toward
automating lawyers.
Legaltech
startup Genie AI scores £2M seed for its ‘intelligent’ contract
editor
Genie
AI,
a legaltech startup and Entrepreneur First alumni, has raised £2
million in funding. The round is a combination of equity and a U.K.
government grant, and will be used to continue development of the
company’s “intelligent” contract editor for law firms and an
upcoming product targeting GDPR compliance.
… “Lawyers
always tell us ‘I know I’ve done something like that before,’
but in large firms it’s a real pain to dig past drafting out of
emails, document management systems and the minds of senior lawyers,”
says Genie AI co-founder and CEO Rafie Faruq. “SuperDrafter
solves this by automatically curating relevant knowledge from around
the firm, and recommending clauses to lawyers as they draft, in real
time.”
The
broader idea is that SuperDrafter can enable lawyers to benefit from
the “collective intelligence” — both past and present — of an
entire law firm. It does this by machine reading thousands of
documents confidentially and then analyses variations of the same
clause to deuce market standards and allow lawyers to negotiate the
best deal for their clients.
Toward
automating courts.
E-Nudging
Justice: The Role of Digital Choice Architecture in Online Courts
Sela,
Ayelet, E-Nudging Justice: The Role of Digital Choice Architecture in
Online Courts (March 18, 2019). 2019 Journal of Dispute Resolution
127 ( 2019). Available at SSRN: https://ssrn.com/abstract=3414176
“Justice
systems around the world are launching online courts and tribunals in
order to improve access to justice, especially for self-represented
litigants (SRLs). Online courts are designed to handhold SRLs
throughout the process and empower them to make procedural and
substantive decisions. To that end, they present SRLs with
streamlined and simplified procedures and employ a host of user
interface design and user experience strategies (UI/UX). Focusing on
these features, the article analyzes online courts as digital choice
environments that shape SRLs’ decisions, inputs and actions, and
considers their implications on access to justice, due process and
the impartiality of courts. Accordingly, the article begins to close
the knowledge gap regarding choice architecture in online legal
proceedings….”
Some
AI background. All corporate AI is trivial?
Is
This the AI We Should Fear?
… We
scientists want to understand intelligence as well as create machines
that are intelligent. We want to create companion machines in ageing
societies, machines that can teach our children math or serve as
perceptive personal assistants. We’d like to build a robot that
cooks an exotic meal for you with recipes from the internet or even
teach you how to play bridge. We don’t just want to build machines
that interact with humans in a superficial manner while pretending to
be deep.
In
sum, the AI which we now see is only the crust of a would-be
intelligent entity, but this limited version is what corporate
interest lies in. Indeed, this AI is only the tip of the
machine-intelligence iceberg, and the corporate world does not seem
to be interested in expanding its limits to do more, do better. And
it’s likely they won’t until it makes commercial sense for them
to do so.
Should
not be interesting.
Big
tech's antitrust wipeout: $33 billion erased from the value of
Amazon, Apple, Facebook, and Google after DOJ announces probe
… The
DOJ
on Tuesday said it
was launching a broad investigation into whether "online
platforms" were illegally harming their competitors and stifling
innovation.
… Here's
how things stood at 5:30 a.m. ET:
- Alphabet: Down 0.96%, wiping $7.6 billion off its value
- Amazon: Down 1%, a $9.8 billion hit to its market cap
- Apple: Down 1.04%, a $6.8 billion drop in value
- Facebook: Down 1.46%, erasing $8.4 billion in value
Put
together, the losses represent around $33 billion of lost value for
the tech companies.
Perspective. At that price, even I might buy one.
The Hottest
Phones for the Next Billion Users Aren’t Smartphones
The hottest phones for the world’s next billion
users aren’t made by smartphone leaders Samsung Electronics Co. or
Apple Inc. In fact, they aren’t even smartphones.
Millions of first-time internet consumers from the
Ivory Coast to India and Indonesia are connecting to the web on a new
breed of device that only costs about $25. The gadgets look like the
inexpensive Nokia Corp. phones that were big about two decades ago.
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