It’s where the money is. (Eight will get you ten that the FBI won’t solve this one.)
https://www.databreaches.net/source-fbi-investigating-cyberattack-of-online-sportsbooks/
Source: FBI investigating cyberattack of online sportsbooks
David Purdum reports:
An investigation into an ongoing cyberattack that impacted thousands of betting accounts at the largest online sportsbooks has been escalated to the FBI, an industry source told ESPN.
Some customers, who were compromised and had funds withdrawn out of their personal bank accounts, were struggling to reach DraftKings and FanDuel representatives and had not been reimbursed more than a week after the attack began.
Read more at ESPN.
I like the “three times the value” idea, but it is unlikely to ever be used.
https://www.databreaches.net/australia-will-now-fine-firms-up-to-au50-million-for-data-breaches/
Australia will now fine firms up to AU$50 million for data breaches
Bill Toulas reports:
The Australian parliament has approved a bill to amend the country’s privacy legislation, significantly increasing the maximum penalties to AU$50 million for companies and data controllers who suffered large-scale data breaches.
The financial penalty introduced by the new bill is set to whichever is greater:
AU$50 million
Three times the value of any benefit obtained through the misuse of information
30% of a company’s adjusted turnover in the relevant period
Read more at BleepingComputer.
A backgrounder for my Computer Security students and Data Users.
Data Owners vs. Data Stewards vs. Data Custodians — The 3 Types of Data Masters and Why You Should Employ Them
Next thing you know the cows will want Nikes…
Scientists develop smartwatch-like health trackers for cows
If The Economist thinks they are worth reading, they probably are.
https://www.economist.com/culture/2022/11/30/two-new-books-explore-the-upside-of-big-data-and-ai
Two new books explore the upside of big data and AI
They are a refreshing counterbalance to alarmist commentary
The Equality Machine. By Orly Lobel. PublicAffairs; 368 pages; $30 and £25
Escape from Model Land. By Erica Thompson. Basic Books; 256 pages; $30 and £20
Tools & Techniques.
https://www.theverge.com/2022/12/1/23488421/epic-games-realityscan-ios-app-scan-objects-3d-models
Epic’s free app that turns real-life items into 3D models is available now on iOS
The RealityScan app launched in limited beta earlier this year, but now it’s available for everyone on iOS for free.
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