How convenient.
Baltimore
acknowledges for first time that data was destroyed in ransomware
attack
… Auditor Josh Pasch told the mayor and other
top city officials at a meeting of the city’s spending board that
without the data, his team
has been unable to check some claims the department made about its
performance. The data was stored locally and not backed up.
Heads up!
North
Korean Hackers Use New Tricks in Attacks on U.S.
A
report published in April by South Korea-based ESTsecurity describes
attacks launched
by Kimsuky against entities in South Korea and the United States.
… As
part of this campaign, which the cybersecurity firm has dubbed
“Autumn Aperture,” the hackers sent out emails with specially
crafted Word documents that the targeted user was likely to open.
One of the files contained the notes of an individual who gave a
presentation at the Nuclear Deterrence Summit earlier this year in
Virginia. Another document was a report from a U.S.-based university
affiliate discussing a North Korean ballistic missile submarine. The
last document described in Prevailion’s report appeared to
originate from the U.S. Treasury Department and contained a North
Korea sanctions license.
… When
opened, each of the Word documents instructed the targeted user to
enable macros before displaying content. This is a widely used
technique that allows attackers to install malware on the victim’s
device.
Will US Privacy laws stop (or even address)
incompetent security managers?
198 Million
Car-Buyer Records Exposed Online for All to See
… The non-password protected Elasticsearch
database belonged to Dealer Leads, which is a company that gathers
information on prospective buyers via a network of SEO-optimized,
targeted websites. According to Jeremiah Fowler, senior security
researcher at Security Discovery, the websites all provide car-buying
research information and classified ads for visitors. They collect
this info and send it on to franchise and independent car dealerships
to be used as sales leads. The exposed database in total contained
413GB of data.
Where we are…
8 AI Trends
in Today's Big Enterprise
… A
new report, AI
Transforming the Enterprise,
from consulting giant KPMG,
provides a view into top corporate leadership's perspective of where
enterprises are with their efforts.
… 8
Trends
- Rapid shift from experimental to applied technology.
- Automation, AI, analytics, and low-code platforms are converging.
- Enterprise demand is growing.
- New organizational capabilities are critical.
- Internal governance is emerging as a key area.
- The need to control AI.
- Rise of AI-as-a-Service.
- AI could shift the competitive landscape.
Find the solution, become rich and famous?
Data
Privacy Regulations’ Implications on AI
Investment
in artificial intelligence (AI) is growing, with 60% of adopters
raising their budgets 50% year over year, according to Constellation
Research.
But working with AI under emerging privacy standards is complex,
requiring a dynamic balance that allows for continued innovation
without misstepping on regulatory requirements. Under privacy
regulations, businesses are responsible for gaining consent to use
personal data and being able to explain what they are doing with that
data. There
is a real concern that black box automation systems that offer no
explanations and require the long-term storage of large customer data
sets will simply not be permitted under these regulations.
I’ve been telling my students they need to know
more than how to spell AI.
Should You
Be Thinking About AI-Proofing Your Career?
… So should you be thinking about the prospect
of being replaced by an AI-driven algorithm? And if so, is there a
way for you to AI-proof your career?
The High-Level View: AI Is Coming
Let’s start with a high-level assessment of the
future of AI. AI is going to continue to advance, at rates that
continue accelerating well into the future. In 2040, we may look
back on the AI available today the same way our
ubiquitous-internet-enjoying culture looks back on the internet of
1999.
Essentially, it’s conceivable that one day, far
into the future, automation and AI will be capable of handling nearly
any human responsibility. It’s more a question of when, not if,
the AI takeover will be complete. Fortunately, by then, AI will be
so embedded and so phenomenally powerful, our access to resources
will be practically infinite and finding work may not be much of a
problem.
But setting aside those sci-fi visions, it’s
realistically safe to assume that AI will soon start bridging the gap
between blue-collar and white-collar jobs. Already, automated
algorithms are starting to handle responsibilities in journalism,
pharmaceuticals, human resources, and law—areas once thought
untouchable by AI.
… That said, AI isn’t a perfect tool. AI
and automation are much better than humans at executing rapid-fire,
predictable functions, but there are some key areas in which AI tends
to struggle, including:
- Abstract brainstorming and problem solving.
- Human interactions.
- Situations with many (or unpredictable) variables.
Will AI contracts require AI Lawyers to review
them?
‘Skype
Mafia’ Backs A.I. Startup Automating Contract Negotiations
Prominent members of Europe's so-called "Skype
Mafia," all co-founders or early employees of the
voice-over-Internet conferencing service, are backing Pactum, a
startup that uses artificial intelligence to automate business
contract negotiations.
Founded late last year but only emerged from
stealth mode on Wednesday, Pactum uses a chatbot-like interface to
conduct contract talks. The bot can offer changes to standard terms,
including price, delivery conditions and days to pay, in order to
reach a better deal. The company is based in Mountain View, Calif.,
with engineering offices in Tallinn, Estonia, where Skype's first
engineering offices were also located.
… The idea behind Pactum, Kaspar says, it to
deploy the chatbot with firms that have hundreds of thousands or
millions of suppliers, which means they previously have relied on
standard contracts. "We can start a conversation with 5 million
suppliers and in 15 minutes, negotiate bespoke contracts for each of
them, and automatically update the contract terms," he says.
I will have nightmares of people peeing on their
smartphones...
Healthy.io
raises $60 million to help patients complete urine tests on their
phone
For my students. Some work for teachers too.
… Some other noteworthy businesses and apps
that provide student discounts to anyone with an EDU email address
include Best Buy, Autodesk, LastPass, FedEx, Squarespace, Newegg, and
Dell. Indeed, it’s always worth doing a quick search to see if
there are EDU benefits before you buy or subscribe to anything on the
web.
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