Wednesday, November 27, 2019


The Bank of Bangladesh hack was not a unique occurrence.
EastNets SWIFT Cyber Fraud Survey Report Reveals More Than 4 Out 5 Banks Are Targeted
As banks are battling the growing risk of SWIFT* payment messaging fraud, EastNets today released its How Banks are Combating the Rise in SWIFT Cyber Fraud survey report that reveals that most of the 200 banks surveyed experienced an electronic SWIFT fraud attempt since 2016.
In addition, two-thirds of banks responded that SWIFT cybercrime attempts have been increasing since 2016. Worryingly, only two-fifths of banks are "very confident" that they have detected every attempt at cyber SWIFT fraud since 2016.
Download the full report; How Banks are combating the Rise in SWIFT Cyber Fraud, at https://www.eastnets.com/cyber-security-and-fraud-survey-report




When the ‘somebody’ out to get you is country.
In just three months, Google sent 12k warnings about government-backed attacks
Most of these alerts were sent to users in the US, South Korea, Pakistan, and Vietnam.
The alerts are nothing more than basic emails. Google sends these alerts to Gmail users once the company detects they've been targeted with malicious emails linked to a nation-state hacking operation.
These emails can carry links to download malware, file attachments booby-trapped to infect users, or links to phishing sites where hackers collect a target's credentials for various online accounts.




For the Security, Forensic and Hacker toolkits.
FIDL: FLARE’s IDA Decompiler Library
This blog post introduces the FLARE IDA Decompiler Library (FIDL), FireEye’s open source library which provides a wrapper layer around the Hex-Rays API.




It is good to see a young lawyer writing comprehensively about security and privacy. I wish she would do more.
Public Phone Charging Stations: Convenience… at a Price.




Toward a set of Best Practices.
Data Privacy vs. Customer Analytics: How to Do Both
Companies across all industries are under increasing pressure to become more data driven by expanding their customer data analytics initiatives. However, these initiatives often conflict with – and can be stymied by – evolving data privacy regulations if not proactively dealt with. I’ve spoken with companies across retail, telecommunications, financial services and the automotive industry who are all wrestling with this data utility/data privacy trade-off in key analytical areas such as personalization and predictive modeling. This leaves companies facing what can be an existential question. How can we use customer data to drive new business opportunities while at the same time protect that data and comply with new, complex regulations?




Toward a US Privacy law?
Starting Point for Negotiation: An Analysis of Senate Democratic Leadership’s Landmark Comprehensive Privacy Bill
In substance, the bill primarily emphasizes individual control, codifying strong rights for individuals to be informed of data processing, and to be able to access, delete, correct, and port their data. The definition of covered data is broad, aligning with the GDPR and most other US privacy bills to date (data that “identifies, or is linked or reasonably linkable to an individual or a consumer device, including derived data”), although it excludes “de-identified data.” The FTC is tasked with rulemaking to enable centralized opt-outs for non-sensitive data, while “sensitive data” requires opt-in consent.




Perspective. Some quotable quotes.
The Fourth Industrial Revolution is redefining the economy as we know it
The Fourth Industrial Revolution (4IR) upends current economic frameworks. Who makes money - and how - has changed. Demographics have changed. Even the skills that brought our society to where we are today have changed. Leaders must account for these transformations or risk leaving behind their companies, their customers and their constituents.
The top three economic frameworks in most urgent need of a 4IR overhaul include income generation, labour force participation and gross domestic product (GDP) measures. Let’s unpack these concepts one at a time and redefine what they mean as we advance bravely into the Fourth Industrial Revolution.
The implications of these changes mark an inflection point in world history: no longer do the poor make up the majority of the world population. That title now belongs to the middle class – who also provide the majority of demand in the global economy.
Depending on GDP as a measure of success in the Fourth Industrial Revolution will adversely affect policy decisions because technology as a product has a deflationary effect.




More books to read!
NYPL 2019 Best Books for Adults
Welcome to the 2019 Best Books for Adults. The New York Public Library is a premier resource for connecting readers with great books, with a staff dedicated to spreading a love of reading and sharing their book expertise. Our librarians—through their experience recommending books to patrons and as readers themselves—have highlighted their picks for 100 best books written for adults and published in 2019. No matter what kind of reader you are, what genres or subjects you normally gravitate to, we’re confident that you will find a book to pull you deep into its world or open yours up. Browse through the categories below, or go straight to our top 10 list (selected by a vote among our staff ), and find your next great read…”



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