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Mattel Experiments With ChatGPT in Cybersecurity
  + stars: | 2023-06-08 | by ( Catherine Stupp | ) www.wsj.com   time to read: +3 min
Toy maker Mattel is experimenting with generative-artificial-intelligence tools including ChatGPT to help its cybersecurity teams, but the company’s head of cybersecurity said the risk of inaccurate results from the new technology is too great to deploy it broadly. But many results from queries to the AI tools are incorrect, even if they appear convincing, he said. Newsletter Sign-up WSJ Pro Cybersecurity Cybersecurity news, analysis and insights from WSJ's global team of reporters and editors. All Mattel employees using ChatGPT are receiving training on how to use generative AI tools securely, he said. German e-commerce giant Zalando plans to offer a shopping assistant using ChatGPT.
Persons: cybersecurity, Tom Le, ” Le, OpenAI, Mattel’s Le, Ilia Kolochenko, , Goldman Sachs, Le, Catherine Stupp Organizations: Mattel, Training, Employees, JPMorgan, Verizon, Commonwealth Bank of Australia
An old video of a supermarket emptied before a hurricane has been falsely linked online to Florida’s new immigration law targeting undocumented migrants. The video of the empty Winn-Dixie store, however, was shared on social media as early as October 2022 (here) as showing an out-of-stock market as Hurricane Ian made landfall on Florida (here). A spokesperson for Southeastern Grocers, the operator of supermarket chain Winn-Dixie, said in an email that the video is not current. The user who shared the video in October 2022 did not immediately respond to a request for comment. Video of an empty Winn-Dixie store is not related to the new immigration law in Florida.
Hackers posted naked photos of cancer patients online after a February cyberattack on Allentown, Pa.-based Lehigh Valley Health Network. Fifteen prosecutors will go through technical evidence and statements from around 24,000 patients whose data was exposed and some of which was published online, Finnish officials said. Prosecutors will spend an estimated 10 minutes reviewing each report to decide whether to use it in court, Mr. Vainio said. The logistics of a trial will be challenging because Finnish law requires courts to accommodate all victims who want to be present, Mr. Vainio said. Money, however, won’t address all the harms to victims, Mr. Vainio said.
Its Very Large Telescope is perched at 8,645 feet atop an explosive-flattened mountaintop, where the atmosphere is relatively stable and incredibly dry. is building a new telescope, the Extremely Large Telescope, which will be used for, among other purposes, hunting for exoplanets that might support life. On my way back to the residencia, I stopped and looked up at the billowing arch of the Milky Way. The Atacama, for all its emptiness, is not a void. The desert, in its dryness, keeps the dead and opens the sky.
It may explore a private sale alongside a stock market listing, they added. An IPO might not take place until next year, as market conditions remain challenging for new listings, one person said. LimaCorporate, which designs orthopedic implants, posted revenue of 248.6 million euros ($274.5 million) for 2022, and adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) of 66.2 million euros. It also reported a yearly loss of 27.9 million euros after taxes. EQT was reported in 2020 to be working with advisers on a possible IPO or sale of the business, but a transaction never materialised.
Go Green, Then ‘Go Dark’?
  + stars: | 2023-04-21 | by ( Ephrat Livni | ) www.nytimes.com   time to read: 1 min
The term is a cousin of greenwashing — the idea that an organization is overstating its environmental practices. Those kinds of critiques from the left, as well as newer criticism from the right over environmental, social and governance (E.S.G.) initiatives, have led some companies to keep quiet even about legitimate green goals. Some context: Last spring, the Securities and Exchange Commission proposed rules that would require public companies to disclose and account for their environmental impact all along the supply chain.
"I have worked with more than 50 VCs and nobody comes close to what it is like to work with Mark Suster," said a founder backed by Suster. "Mark and the Upfront Summit helped put LA tech and investing on the map," said Jeffrey Katzenberg, the cofounder of DreamWorks and WndrCo. Several years ago, a founder whose startup Suster invested in was in a conference room rehearsing their presentation for the Upfront Summit. If you're going to put him on your board, you're letting the fox guard the henhouse. "If you're going to put him on your board, you're letting the fox guard the henhouse."
Broad Pay Ranges Can Hamper Cybersecurity Hiring
  + stars: | 2023-04-04 | by ( Kim S. Nash | Catherine Stupp | ) www.wsj.com   time to read: +3 min
Companies that list wide pay ranges in cybersecurity job descriptions risk setting false expectations and kindling unrest among existing staff. Seven other states have required pay transparency for the past few years. In cyber recruiting, in particular, broad scales can hamper hiring, said Joyce von Seldeneck, founder and chair of Philadelphia-based Diversified Search Group. The last thing a company wants is to go bring candidates through an entire process and disappoint them at the end.”Newsletter Sign-up WSJ Pro Cybersecurity Cybersecurity news, analysis and insights from WSJ's global team of reporters and editors. While some management consultants say pay transparency can light a fire under employees to work harder for higher compensation, Matthias Muhlert, chief information security officer at gummy-bear maker Haribo GmbH & Co., isn’t so sure.
Cybersecurity Workers Demand Higher Salaries
  + stars: | 2023-03-28 | by ( Catherine Stupp | ) www.wsj.com   time to read: +6 min
Cybersecurity chiefs are struggling to find employees they can afford, as sought-after job seekers ask for higher salaries. Challenging economic conditions have added a new layer of difficulty for companies around the world that have grappled with a growing shortage of cybersecurity workers. Multinationals including McDonald’s Corp. are seeking more cybersecurity job applicants, including people from nontraditional backgrounds, by removing cyber certifications and degree requirements from many job listings. Newsletter Sign-up WSJ Pro Cybersecurity Cybersecurity news, analysis and insights from WSJ's global team of reporters and editors. In Europe, with companies competing for a small pool of cybersecurity workers, job seekers are looking for flexible work conditions in addition to higher salaries.
Big companies are winning appeals to overturn regulatory decisions that allege they violated European privacy rules, potentially carving out a path for more businesses to challenge similar sanctions. Courts in the U.K., Spain, Italy and Germany sided with companies including Experian PLC, Amazon. The court rejected the regulator’s argument that collecting personal data to create profiles for marketing purposes intrudes on privacy rights. The court said the regulator had “fundamentally misunderstood” the implications of how Experian used data, and that there were no negative effects for individuals. These recent wins will likely embolden other companies to appeal GDPR violations, said Mr. Machin of Ropes & Gray.
[1/3] U.S. Jazz saxophonist Wayne Shorter performs onstage during a 'tribute to Miles Davis evening' at the 45th Montreux Jazz Festival in Montreux July 13, 2011. REUTERS/Valentin FlauraudMarch 2 (Reuters) - American saxophonist Wayne Shorter, who wrote some of jazz's most acclaimed compositions and whose often plaintive playing changed the sound of jazz in the 1960s before he explored rock-fusion, died on Thursday aged 89. "The master writer to me, in that group, was Wayne Shorter," the keyboardist said. "Wayne was one of the few people who brought music to Miles that didn't get changed." Other hit records included "Native Dancer" featuring Brazilian singer Milton Nascimento which mixed jazz, rock and funk with Brazilian rhythms.
A 2013 article about Edward Snowden allegedly revealing a global assassination agenda by the U.S. military’s defunct High-frequency Active Auroral Research Program (HAARP) originated on a satirical website, but it has recently circulated online with some users appearing to believe the story is authentic. The clip shows a story published on July 10, 2013 on the Internet Chronicle website, attributed to author Oliver Wilis. The Internet Chronicle “About” page does not explicitly call the site’s content satire, but the description of the publication and its editors is itself satirical (chronicle.su/about/). Reuters Fact Check has previously debunked a claim about HAARP causing natural disasters such as the recent earthquake in Turkey (here). The 2013 article on Snowden claims about HAARP depicted in a video shared on social media originated on a satirical website.
Tesla Inc. agreed to change camera settings in its cars after complaints from European consumers and an investigation by the Dutch privacy regulator. The last 10 minutes of recorded footage will be saved under the new settings, instead of the hour of footage that was previously stored. The previous camera settings allowed serious privacy violations, the regulator said. PREVIEWWith the new software update, the headlights of Tesla cars will blink if the cameras are recording, and a message will be displayed on an internal touch screen, the Dutch regulator said. The regulator said it planned to investigate how data is transferred out of Tesla cars.
Privacy Regulators Step Up Oversight of AI Use in Europe
  + stars: | 2023-02-16 | by ( Catherine Stupp | ) www.wsj.com   time to read: +6 min
European privacy regulators are intensifying their scrutiny of companies’ use of artificial intelligence, hiring experts and opening new units to crack down on data violations. “AI is appearing in all sectors,” said Kari Laumann, head of a division for research, analysis and policy at Norway’s data protection authority. The regulator’s office has worked with 64 companies to test AI initiatives under its supervision, in a program started in 2020. Regulators have fined companies for privacy failings in their AI applications in recent years, but European data protection officials and privacy analysts say it is still unclear how to apply some aspects of European privacy law to the technology. Mr. Jairaj said he expects the EU’s coming legislation to force companies to look closely at third-party suppliers of AI products.
Carbon-credit-rating firms aim to give buyers confidence in assessing the unregulated market for carbon offsets, voluntary credits that can help companies fulfill their decarbonization promises. Traders, online marketplaces and corporate sustainability departments are typical customers for carbon-credit ratings, but companies increasingly encounter the scores through intermediaries selling the offsets. Sylvera Ltd., one of the carbon-credit raters, said that less than a third of projects aimed at preventing deforestation are high quality. The market for voluntary carbon credits topped $2 billion in 2022, according to publisher and researcher Ecosystem Marketplace. BeZero has fully rated around 280 projects, Calyx around 260, Sylvera around 115 and Renoster has fully reviewed nine.
China has said that it is a weather balloon that has gone off-course. It wouldn't be the first time that a spy balloon has been described as a weather balloon. China is probably just taking a page out of the US government 1960s-era cover-up playbook that we'll call: The ol' "Weather Balloon Dodge." Thomson ReutersThere's a reason the Department of Defense believes China's weather balloon is actually a reconnaissance balloon: The DoD is developing reconnaissance balloons of its own. If any of the massive balloons get forced down, they'd just be another weather balloon, which the National Weather Service still uses.
Tech lifts European shares despite hawkish ECB signals
  + stars: | 2023-01-23 | by ( ) www.reuters.com   time to read: +2 min
SummarySummary Companies Tech follows U.S. peers higherHawkish ECB boosts euro, banksSymrise slides on EBITDA missJan 23 (Reuters) - European stocks edged higher on Monday, lifted by technology and mining shares, as expectations of a mild recession in the euro zone offset hawkish remarks from European Central Bank (ECB) officials that sent the euro to a nine-month high. The pan-European STOXX 600 index (.STOXX) rose 0.2% after posting its first weekly decline of the year on Friday. Tech stocks (.SX8P) jumped 1.4% after their Wall Street peers rallied on Friday following upbeat results from streaming giant Netflix Inc (NFLX.O). Investors will look for more clues on the central bank's tightening plans when ECB President Christine Lagarde speaks later in the day. Fourth-quarter earnings for STOXX 600 companies are forecast to have grown by 10.7% year-on-year, the slowest in two years, according to Refinitiv I/B/E/S data.
That leaves security teams, in real terms, working with fewer resources, Ms. Huth said. Inflation is pushing wage demands higher and the scarcity of cyber professionals—particularly within highly technical industries such as power—means security staff are in demand, Mr. Bojar said. Newsletter Sign-up WSJ Pro Cybersecurity Cybersecurity news, analysis and insights from WSJ's global team of reporters and editors. Cyber staffs will need to vet third-party services while installing safeguards against new avenues hackers could exploit, Kohler’s Ms. Huth said. Retail giant Amazon.com Inc. hopes to grow its security team, said Chief Security Officer Stephen Schmidt, despite a company-wide hiring freeze and layoffs for up to 10,000 workers elsewhere in the company.
An altered clip is circulating online, making it appear as if Twitter CEO Elon Musk said that he intends to buy the social media company Meta in a recent interview. The clip augments video and audio to make it appear as if Musk expressed his intentions to buy the rival social media platform (here). A Google advanced search did not reveal any news reports suggesting that Musk expressed his intention to buy Meta during the TED discussion (archive.vn/wip/Tnj3k). There are other indications that the clip circulating online is altered, such as the audio lag between the apparent movement of Musk’s facial features. The video and audio were manipulated to make it appear as if Musk said that he intended to purchase Meta.
If U.K. data protection law strays too far from the European Union’s General Data Protection Regulation, however, an existing legal deal known as an adequacy agreement between the two jurisdictions could be jeopardized, privacy experts say. Relaxing some data rules could save the U.K. an estimated £12 billion, equivalent to $14 billion, each year, Mr. Rowland said. The U.K. has had two changes of government since data laws were proposed this summer. The EU officials who oversee the arrangement have said they could suspend the system if British data protection laws change too dramatically. The draft data protection legislation would loosen some aspects of the GDPR such as requirements for companies to obtain permission from individuals for their data to be tracked online.
The International Committee of the Red Cross proposed creating a digital equivalent to its distinctive red symbol to warn off hackers who attempt to break into medical institutions’ networks. Such a digital emblem would deter some but not all hackers, Red Cross advisers say, at a time when hospitals are frequently hit with cyberattacks. The Red Cross and its cyber advisers worked for more than two years on the project. Whatever option governments choose would need to be simple to install, said Matthew Smith, a professor of computer science at the University of Bonn in Germany, speaking at the Red Cross event. “As easy as placing a red cross on a building,” he said.
OTTAWA, Nov 3 (Reuters) - Canada will introduce refundable tax credits for clean technologies worth up to 30% of investment costs, in a bid to close competitive gaps with the United States in scaling up green technologies, the government said on Thursday. The clean-tech tax credits will be offered for investors in net-zero technologies, battery storage and clean hydrogen, according to the so-called fall economic statement (FES) presented to the House of Commons by Finance Minister Chrystia Freeland. The tax will generate an estimated C$2.1 billion over five years and will come into force on Jan 1, 2024. "In terms of trying to foster business investments, I don't think it's well targeted," said Robert Asselin, senior vice president of policy at the Business Council of Canada. In next year's budget, Canada will introduce new measures to increase advanced manufacturing competitivness, the document said.
Corporate Cybersecurity Teams Struggle to Fill Jobs
  + stars: | 2022-10-20 | by ( Catherine Stupp | ) www.wsj.com   time to read: +5 min
Newsletter Sign-up WSJ Pro Cybersecurity Cybersecurity news, analysis and insights from WSJ's global team of reporters and editors. PREVIEWSeventy percent of around 11,000 cybersecurity practitioners and decision makers surveyed by (ISC)2 said their companies don’t have enough cybersecurity staff to be effective. Decathlon has become more flexible and creative in its search for cybersecurity staff and hired 26 employees last year and more than 30 so far in 2022, Mr. Illikoud said. Many corporate cybersecurity leaders hire staff from other internal teams and offer specific training if they need it. Around 43% of Principal’s cybersecurity team is now remote, up from roughly 20% before the pandemic, she said.
OTTAWA, Oct 14 (Reuters) - A continued U.S. dollar rally may mean the Bank of Canada will "have more work to do" on interest rates and it is something the central bank is watching closely, Governor Tiff Macklem said on Friday. The Canadian dollar has tumbled 8.5% versus the U.S. dollar since August, as aggressive interest rate hikes by the Federal Reserve and financial market volatility triggered gains for the safe-haven greenback. If that persists, it "will mean that, other things equal, we're gonna have more work to do on interest rates," Macklem told reporters after International Monetary Fund and World Bank annual meetings in Washington. "We'll be watching that closely." Register now for FREE unlimited access to Reuters.com Register(Reporting by Julie Gordon and Steve Scherer)((steve.scherer@thomsonreuters.com; +1-647-480-7889))Keywords: CANADA CENBANK/Register now for FREE unlimited access to Reuters.com RegisterOur Standards: The Thomson Reuters Trust Principles.
A cyberattack on InterContinental Hotels Group PLC disrupted business at franchisees this month, leaving a trail of angry customers, lost income and a class-action lawsuit. Hotel owners complain they received one email from IHG executives explaining that the attack would shut down online reservation systems. We remain focused on supporting our hotels and owners and throughout this period have communicated regular updates to owners and hotel teams,” an IHG Hotels & Resorts spokesperson said. Hotel owners said they dealt with angry customers whose reservations were lost due to the cyberattack. IHG franchisees pay monthly fees to use the company’s reservation technology, the lawsuit says.
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