Author: esimantiras

AI could be as consequential to the economy as electricity

Posted on by esimantiras

AI could be as consequential to the economy as electricity

source: cnn.com (contributed by FAN, Bill Amshey)  |  image: pexels.com

 

Jamie Dimon believes artificial intelligence will have a huge impact on global business this year.

Dimon, one of the world’s most influential business leaders, said in his annual shareholder letter Monday that while he doesn’t yet know the full effect AI will have on business, the economy or society, he knows its influence will be significant.

“We are completely convinced the consequences will be extraordinary and possibly as transformational as some of the major technological inventions of the past several hundred years: Think the printing press, the steam engine, electricity, computing and the Internet, among others,” the JPMorgan Chase (JPM) CEO wrote in the letter.

The AI explosion has already transformed workplaces across the world and nearly 40% of global employment could be disrupted by AI, according to the International Monetary Fund.

Continue reading “AI could be as consequential to the economy as electricity” →

“Convince us to stay”: U.S.-China ties see head-spinning shift

Posted on by esimantiras

“Convince us to stay”:

U.S.-China ties see head-spinning shift

source: axios.com (contributed by FAN, Steve Page) |  image: pexels.com

 

For decades, Corporate America has raced to cash in on China‘s economy. Now China officials are in sell-mode, a stunning reversal from years past.

Why it matters: CEOs know the two nations are economically intertwined in a way that can’t easily be undone. But executives are more cautious, a subtle yet significant sign of a power dynamic shift underway between the U.S. and China.

What they’re saying: “Often foreign companies were on the solicitous side, like ‘can you please let us in?,'” Kurt Tong, the former U.S. envoy to Hong Kong, tells Axios.

  • “Now it’s a little bit more like ‘convince us to stay,'” Tong, who is currently at the Asia Group, adds.

Continue reading ““Convince us to stay”: U.S.-China ties see head-spinning shift” →

Apple Sued Over AirTags Privacy: Everything to Know

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Apple Sued Over AirTags Privacy: Everything to Know

source: cnet.com  |  image: pexels.com

AirTags digital trackers have raised privacy concerns since the beginning. But now, a lawsuit claims Apple didn’t implement sufficient safeguards.

A class-action lawsuit against Apple alleges the tech giant didn’t sufficiently resolve privacy issues raised by its AirTag digital tracking devices, leading to unwanted stalking and abuse.

The lawsuit, which was filed last year and given court approval to proceed earlier this month, says plaintiffs suffered “substantial” injuries from people who abused Apple’s $29 Bluetooth tracker in ways the company didn’t sufficiently work to address.

How to Protect Yourself (and Your Loved Ones) From AI Scam Calls

Posted on by esimantiras

How to Protect Yourself (and Your Loved Ones) From AI Scam Calls

 

source: wired.com  |  image: pexels.com

 
AI tools are getting better at cloning people’s voices, and scammers are using these new capabilities to commit fraud. Avoid getting swindled by following these expert tips.

YOU ANSWER A random call from a family member, and they breathlessly explain how there’s been a horrible car accident. They need you to send money right now, or they’ll go to jail. You can hear the desperation in their voice as they plead for an immediate cash transfer. While it sure sounds like them, and the call came from their number, you feel like something’s off. So, you decide to hang up and call them right back. When your family member picks up your call, they say there hasn’t been a car crash, and that they have no idea what you’re talking about.

Congratulations, you just successfully avoided an artificial intelligence scam call. Continue reading “How to Protect Yourself (and Your Loved Ones) From AI Scam Calls” →

Hacker Nation: The World’s Third-Largest Economy

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Hacker Nation: The World’s Third-Largest Economy

 

source: technewsworld.com  |  image: pexels.com

 

During the past 40 years, hackers have graduated from worm attacks in the 1980s to fully funded organizations tapping into some of the most lucrative industries in the world. Today, cybercrime is a significant threat to any company with a device attached to the internet and continues to cause substantial economic impact worldwide.

The modern-day cyberattack can trace its roots back to the 1988 Morris worm attack. Before the World Wide Web had made an impact, a small program launched from a computer at the Massachusetts Institute of Technology (MIT) propagated remarkably. It infected an estimated 6,000 of the approximately 60,000 computers connected to the internet at the time. Although it was difficult to calculate the exact damage caused by the Morris worm, estimates put it anywhere between US$100,000 and the millions.

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How to fix the military’s software SNAFU

Posted on by esimantiras

How to fix the military’s software SNAFU

source: defenseone.com  |  image: pexels.com

 

Too many of its apps are built on code riddled with vulnerabilities—and distributed by the Pentagon itself.

The only institution more mired in acronyms than the U.S. military is, in my experience, the software industry. The former’s thorough embrace of the latter is reflected, for example, in this recent piece by serious commentators that includes a four-page glossary. To be sure, software’s ability to supercharge military operations make this alphabet soup palatable—but it also conceals a dangerous security SNAFU.  

If software is to be more of a benefit than a liability, its inevitable flaws must be spotted and fixed before they can be exploited by China, Russia, and other adversaries. Unfortunately, in an analysis I conducted of popular open source software made available by the Pentagon for its units and contractors to use, there is strong evidence that the U.S. military is shipping software that is insecure and contains many known software vulnerabilities—CVEs, in software-speak.

Continue reading “How to fix the military’s software SNAFU” →

‘Vultur’ Android Malware Gets Extensive Device Interaction Capabilities

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‘Vultur’ Android Malware Gets Extensive Device Interaction Capabilities

source: securityweek.com  |  image: pexels.com

 

The Android banking malware known as Vultur has been updated with new capabilities, allowing operators to interact with the infected devices and modify files, according to a report from security consulting outfit NCC Group.

Vultur was first documented in March 2021, when it stood out for the abuse of the legitimate applications AlphaVNC and ngrok for remotely accessing the VNC server on the victim device, and for automating screen recording and key-logging for credential harvesting.

The most recent version of the banking malware, however, packs significantly more capabilities, allowing attackers to control the infected device, prevent applications from running, display custom notifications, bypass lock-screen protections, and download, upload, install, search for, and delete files.

Continue reading “‘Vultur’ Android Malware Gets Extensive Device Interaction Capabilities” →

AI robot wars heat up

Posted on by esimantiras

AI robot wars heat up

source: axios.com (submitted by FAN, Bill Amshey)  | image: pexels.com

 

Walking, dexterous robots are gradually making the leap from the science lab to the workplace with more sophisticated AI-driven software, Axios’ Jennifer A. Kingson writes.

  • Why it matters: There’s intense competition among humanoid robot manufacturers to get their products into the production lines of companies like Amazon and BMW.

Zoom in: An OpenAI-powered robot from a company called Figure was filmed using “common sense” to pick up an apple and hand it to a person who asked: “Can I have something to eat?”

  • The wild demonstration video for Figure 01, released yesterday, also showed the robot explaining in plain English why it acted in the way it did: “So I gave you the apple because it’s the only uh edible item I could provide you with from the table.”

Figure garnered a massive investment from Jeff Bezos and OpenAI. It’s currently staffing a BMW production line.

  • A robot from Agility — a Figure competitor — is being tested by Amazon and GXO Logistics, which recently deployed it at a Spanx warehouse in Georgia.

Majority of Consumers Feel Safe With DIY Home Security: Parks Study

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Majority of Consumers Feel Safe With DIY Home Security: Parks Study

 

source: technewsworld.com  |  image:  pexels.com

 

Some 60% of consumers believe their self-monitoring home security systems keep them just as safe as monitoring provided by security pros, according to research released by Parks Associates.

“Consumers view self-monitoring as a way to be notified of what’s going on in their homes. For many of them, that can provide the peace-of-mind that’s safe enough for certain households,” Parks President and CEO Elizabeth Parks told TechNewsWorld.

Based on a survey of 8,000 U.S. internet households, the research also found that the major reason for canceling professional monitoring systems was cost, with 25% of consumers citing “fees too high” as their reason for terminating their monitoring services.

Also mentioned as reasons for cutting professional monitoring were an increased sense of neighborhood safety and a realization that the household doesn’t use its system enough.

While many consumers feel their self-monitoring systems keep them safe, professional monitoring services remain popular.

Continue reading “Majority of Consumers Feel Safe With DIY Home Security: Parks Study” →

Holographic message encoded in simple plastic

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Holographic message encoded in simple plastic

source: science daily.com  |  image: pexels.com

 

Important data can be stored and concealed quite easily in ordinary plastic using 3D printers and terahertz radiation, scientists show. Holography can be done quite easily: A 3D printer can be used to produce a panel from normal plastic in which a QR code can be stored, for example. The message is read using terahertz rays — electromagnetic radiation that is invisible to the human eye.

 

There are many ways to store data — digitally, on a hard disk, or using analogue storage technology, for example as a hologram. In most cases, it is technically quite complicated to create a hologram: High-precision laser technology is normally used for this.