An Artificial Intelligence (AI) system is only as good as its training. For AI Machine Learning (ML) and Deep Learning (DL) frameworks, the training data sets are a crucial element that defines how the system will operate. Feed it skewed or biased information and it will create a flawed inference engine.
A new study by Cambridge Cybercrime Centre titled Cybercrime is (often) boring: maintaining the infrastructure of cybercrime economies concludes that cybercrime is boring and recommends authorities change their strategy to highlight the tedium in order to dissuade the growth of cybercrime.
Warning: Full-blown rant ahead,… Read More
Cybersecurity in 2020 will be evolutionary but not revolutionary. Although there is always change and churn, much of the foundational drivers remain relatively stable. Attacks in the next 12 months are likely to persist in ways already known but taking it up-a-notch and that will lead to a steady escalation between attackers… Read More
The Automotive News reported Friday that updated guidance from the Department of Homeland Security’s Cybersecurity and Iinfrastructure Security Agency had identified cars as an essential service. AN reported: “The new guidelines include “workers critical to the manufacturing, distribution, sales,
Cybersecurity will be hard pressed to take on the new challenges of bank managed digital currencies.
Banks are developing their own digital currencies. The introduction of Central Bank Digital Currencies (CBDC) is the beginning of an interesting trend that will change the cybersecurity dynamic for banking as it opens up an … Read More
Seven major cryptocurrency exchanges were victimized in 2019, totaling over $160 million in financial theft. As predicted, cybercriminal hackers targeted crypto exchanges in 2019 and the trend will continue into 2020.
Crypto exchanges are relatively new, as compared to those in the traditional financial markets. It is
Drones attacked an oil processing facility last week and shut down half of all Saudi capacity, representing about 5% of the world’s daily oil production. We have seen how a botnet of compromised home appliances can take down a sizeable chunk of the internet, control structures of electricity and other critical infrastructures… Read More
The Secretary-General of NATO, Jens Stoltenberg, stated all 29 member countries would respond to a serious cyberattack against any of the nations in the coalition. The pressing question is will NATO work together with combined forces when one of the members is attacked in an asymmetrical manner with digital technology?
When… Read More
Cryptocurrency is seen as a new, wild, reckless, revolutionary, and sometimes shady financial instrument. In addition to legitimate transactions, a disproportionate amount of attention is paid to the criminal use of cryptocurrency to store wealth, collect payments, transfer illicit funds, and launder money. Malicious
The Silence hacking crew, mostly attributed to a group of very crafty Russian hackers, has struck again pulling-in over $3 million in cash from ATMs.
At least 3 banks have been attacked in the latest campaign, with Dutch Bangla Bank being the largest. The criminal hackers first compromised the bank’s card management infrastructure… Read More
