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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