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☆ Southeast Asian leaders pledge crackdown on human traffickers online scams
▼ + stars: | 2023-05-10 | by ( Kate Lamb | ) www.reuters.com time to read: +2 min

LABUAN BAJO, Indonesia, May 10 (Reuters) - Southeast Asian leaders pledged on Wednesday to crack down ononline scams operated by human traffickers to prey on vulnerable job seekers, particularly in the poorest countries of the region. Meeting in Indonesia for a summit of the Association of Southeast Asian Nations, the leaders called for a regional approach to combat human trafficking. Issuing the first declaration by ASEAN on the danger of traffickers' cyber scams, the leaders noted "the increasing abuse of technology in facilitating trafficking in persons in Southeast Asia and globally, proliferated through the use and abuse of social media and other online platforms". There has been a spike in cases of people enslaved in cyber scams, and more than 1,000 victims have been rescued just in recent days. ASEAN's efforts to combat human trafficking will include enhancing the capacity of law enforcement agencies to investigate, collect data, exchange information and conduct joint exercises, the declaration said.

☆ How Do We Ensure an A.I. Future That Allows for Human Thriving?
▼ + stars: | 2023-05-02 | by ( David Marchese | ) www.nytimes.com time to read: +16 min

Some of us would like to slow this down because we are seeing more costs every day, but I don’t think that means that there are no benefits. We may someday have a technology that revolutionizes science and technology, but I don’t think GPT-5 is the ticket for that. Combine that human overattribution with the reality that these systems don’t know what they’re talking about and are error-prone, and you have a problem. I don’t think we should go after an individual who posts a silly story on Facebook that wasn’t true. I don’t think, however, that the technology we have right now is very good for that — systems that can’t even reliably do math problems.

☆ Crypto must end anonymity for illicit finance, U.S. regulator says
▼ + stars: | 2023-04-25 | by ( Huw Jones | ) www.reuters.com time to read: +2 min

LONDON, April 25 (Reuters) - Anonymity is allowing crypto assets to finance illegal activities, a top U.S. regulatory official said on Tuesday, posing national security risks that must be addressed. "It's essential for governments and particularly the industry to address that which makes crypto so attractive to illicit finance, and that is the allure of anonymity," she said. Legally compliant crypto companies should not be using "mixers" or software tools that effectively anonymise users by pooling and scrambling cryptocurrencies from thousands of addresses. Compliant crypto companies must show they have internal controls to prevent money laundering and terrorist financing. "It's possible for all crypto companies to distance themselves from mixers and anonymity enhancing technology while still providing customers financial privacy," Romero said.

☆ Google to use generative AI in its ad business, Financial Times reports
▼ + stars: | 2023-04-20 | by ( ) www.reuters.com time to read: +1 min

April 20 (Reuters) - Alphabet Inc's (GOOGL.O) Google plans to introduce generative artificial intelligence into its advertising business over the coming months to create "novel" advertisements, the Financial Times reported on Thursday, citing an internal presentation. Generative AI is a type of technology that relies on past data to create rather than identify content. Last month, Google began the public release of its chatbot Bard, seeking users and feedback to gain ground on Microsoft Corp (MSFT.O) in the race to top the market for AI technology. While there have been concerns about the wider impact of AI on issues like disinformation, phishing attempts and cybercrime, Google plans to put in guardrails to address them when it rolls out the new generative AI features, FT reported. Reporting by Urvi Dugar in Bengaluru; Editing by Dhanya Ann ThoppilOur Standards: The Thomson Reuters Trust Principles.

☆ German armsmaker Rheinmetall suffers cyber attack
▼ + stars: | 2023-04-14 | by ( ) www.reuters.com time to read: 1 min

DUESSELDORF, Germany, April 14 (Reuters) - State prosecutors in Cologne are investigating a cyber attack on German armsmaker Rheinmetall (RHMG.DE), a spokesperson for the prosecutor's cybercrime division said on Friday, confirming an earlier report by Spiegel magazine. The spokesperson declined to comment on how severe the cyber attack on Germany's largest armsmaker was. Rheinmetall declined to comment. The armsmaker supplies Germany's army as well as other NATO forces, and is delivering weaponry to Ukraine. Reporting by Matthias Inverardi, Writing by Victoria Waldersee, Editing by Susan FentonOur Standards: The Thomson Reuters Trust Principles.

☆ U.S., European Police Shut Down Hacker Marketplace, Make 119 Arrests
▼ + stars: | 2023-04-05 | by ( Kim S. Nash | ) www.wsj.com time to read: +4 min

The international action conducted Tuesday and Wednesday against Genesis Market, one of the largest so-called initial access brokers in the world, resulted in 119 arrests. The dismantling of Genesis Market follows the arrest last month of a man U.S. prosecutors say ran BreachForums, a site for buying and selling stolen data. Newsletter Sign-up WSJ Pro Cybersecurity Cybersecurity news, analysis and insights from WSJ's global team of reporters and editors. The Treasury Department on Wednesday sanctioned Genesis Market, a so-called initial access broker in operation since 2018. Genesis Market data was provided to the website Have I Been Pwned, so individuals can check whether their credentials have been compromised.

WASHINGTON — The Justice Department confirmed on Wednesday it had seized the Russia-linked online criminal marketplace Genesis Market, working in conjunction with international law enforcement and the Treasury Department. The announcements from Justice and Treasury came a day after the FBI and a consortium of international law enforcement authorities shut down Genesis Market. The international marketplace steals private information from victims' devices and offers it for sale, Treasury said in a release Wednesday. "Today's takedown of Genesis Market is a demonstration of the FBI's commitment to disrupting and dismantling key services used by criminals to facilitate cybercrime," FBI Director Christopher Wray said in a statement. "Treasury will continue to work closely with our law enforcement colleagues to disrupt this activity and hold malign cyber actors accountable."

☆ Cybercrime marketplace Genesis Market shut by FBI, international law enforcement
▼ + stars: | 2023-04-04 | by ( Rohan Goswami | ) www.cnbc.com time to read: +1 min

A seal reading "Department of Justice Federal Bureau of Investigation" is displayed on the J. Edgar Hoover FBI building in Washington, DC, August 9, 2022. The FBI and other law enforcement agencies on Tuesday seized the domain names for Genesis Market, a cybercrime marketplace which allowed criminals to impersonate customers on websites ranging from Amazon to Fidelity . On Tuesday, Genesis' normal login page was replaced with a takedown notice, urging users to contact the FBI if they had further information about Genesis' administrators or operations. Genesis was a "big fish," said cybersecurity researcher Matthew Gracey-McMinn at Netacea, and its shutdown was a shot across the bow to other threat actors in the space. In 2021, at least 350,000 "bots" were available on Genesis' platform, according to a Netacea report.

☆ Italy data protection agency opens ChatGPT probe on privacy concerns
▼ + stars: | 2023-03-31 | by ( ) www.reuters.com time to read: +1 min

MILAN, March 31 (Reuters) - Italy's data protection agency said on Friday it had opened a probe into OpenAI's ChatGPT chatbot over a suspected breach of the artificial intelligence application's data collection rules. The agency also accused ChatGPT, which is financially supported by Microsoft, of failing to check the age of its users. The agency said in a note it had provisionally restricted chatbot's use of Italian users' personal data. Since its release last year, ChatGPT has set off a tech craze, prompting rivals to launch similar products and companies to integrate it or similar technologies into their apps and products. The Italian agency alleged "the absence of any legal basis that justifies the massive collection and storage of personal data in order to 'train' the algorithms underlying the operation of the platform".

March 29 (Reuters) - Elon Musk and a group of artificial intelligence experts and industry executives are calling for a six-month pause in developing systems more powerful than OpenAI's newly launched GPT-4, in an open letter citing potential risks to society and humanity. "Powerful AI systems should be developed only once we are confident that their effects will be positive and their risks will be manageable," the letter said. The letter detailed potential risks to society and civilization by human-competitive AI systems in the form of economic and political disruptions, and called on developers to work with policymakers on governance and regulatory authorities. Rather than pause research, she said, AI researchers should be subjected to greater transparency requirements. "If you do AI research, you should be very transparent about how you do it."

March 28 (Reuters) - Elon Musk and a group of artificial intelligence experts and industry executives are calling for a six-month pause in developing systems more powerful than OpenAI's newly launched GPT-4, in an open letter citing potential risks to society and humanity. "Powerful AI systems should be developed only once we are confident that their effects will be positive and their risks will be manageable," the letter said. The letter detailed potential risks to society and civilization by human-competitive AI systems in the form of economic and political disruptions, and called on developers to work with policymakers on governance and regulatory authorities. Co-signatories included Stability AI CEO Emad Mostaque, researchers at Alphabet-owned (GOOGL.O) DeepMind, as well as AI heavyweights Yoshua Bengio and Stuart Russell. Musk, whose carmaker Tesla (TSLA.O) is using AI for an autopilot system, has been vocal about his concerns about AI.

March 28 (Reuters) - Elon Musk and a group of artificial intelligence experts and industry executives are calling for a six-month pause in training systems more powerful than OpenAI's newly launched model GPT-4, they said in an open letter, citing potential risks to society and humanity. "Powerful AI systems should be developed only once we are confident that their effects will be positive and their risks will be manageable," the letter said. The letter also detailed potential risks to society and civilization by human-competitive AI systems in the form of economic and political disruptions, and called on developers to work with policymakers on governance and regulatory authorities. Musk, whose carmaker Tesla (TSLA.O) is using AI for an autopilot system, has been vocal about his concerns about AI. Sam Altman, chief executive at OpenAI, hasn't signed the letter, a spokesperson at Future of Life told Reuters.

☆ Musk, experts urge pause on training of AI systems that can outperform GPT-4
▼ + stars: | 2023-03-29 | by ( ) www.reuters.com time to read: +1 min

March 28 (Reuters) - Elon Musk and a group of artificial intelligence experts and industry executives are calling for a six-month pause in training of systems more powerful than GPT-4, they said in an open letter, citing potential risks to society and humanity. "Powerful AI systems should be developed only once we are confident that their effects will be positive and their risks will be manageable," the letter said. The letter also detailed potential risks to society and civilization by human-competitive AI systems in the form of economic and political disruptions, and called on developers to work with policymakers on governance and regulatory authorities. Since its release last year, Microsoft-backed OpenAI's ChatGPT has prompted rivals to launch similar products, and companies to integrate it or similar technologies into their apps and products. Editing by Gerry DoyleOur Standards: The Thomson Reuters Trust Principles.

☆ Europol sounds alarm about criminal use of ChatGPT, sees grim outlook
▼ + stars: | 2023-03-27 | by ( Foo Yun Chee | ) www.reuters.com time to read: +2 min

[1/2] A smartphone with a displayed ChatGPT logo is placed on a computer motherboard in this illustration taken February 23, 2023. It singled out the harmful use of ChatGPT in three areas of crime. "ChatGPT's ability to draft highly realistic text makes it a useful tool for phishing purposes," Europol said. It said ChatGPT's ability to churn out authentic sounding text at speed and scale also also makes it an ideal tool for propaganda and disinformation. Criminals with little technical knowledge could turn to ChatGPT to produce malicious code, Europol said.

☆ Here's what makes cybersecurity giant Palo Alto Networks tick and why we like the stock so much
▼ + stars: | 2023-03-06 | by ( Zev Fima | ) www.cnbc.com time to read: +22 min

Palo Alto Networks (PANW) last month had its best single trading day in about a year, exactly one week after the next-generation cybersecurity company became our newest Investing Club holding. Why Palo Alto Networks? PANW YTD mountain Palo Alto Networks (PANW) 1-year performance Palo Alto Networks is a great way to play a secular growth industry. Taking all of these segments together, Palo Alto Networks is a company capable of delivering on every aspect of cybersecurity under one roof. Palo Alto Networks' ESG practices, meanwhile, are overseen by the ESG and Nominating Committee, which provides counsel to the board in these matters.

☆ U.S. unveils new cybersecurity strategy with tighter regulations
▼ + stars: | 2023-03-02 | by ( Suzanne Smalley | ) www.reuters.com time to read: +2 min

March 2 (Reuters) - The White House on Thursday announced a new cybersecurity strategy in the latest effort by the U.S. government to bolster its cyber defenses amid a steady increase in hacking and digital crimes targeting the country. The strategy, which is intended to guide future policy, urges tighter regulation of existing cybersecurity practices across industries and improved collaboration between the government and private sector. The strategy names China and Russia as the most prominent cybersecurity threats to the United States. On a call with reporters, a U.S. official who declined to be named, said part of the new strategy was aimed at reining in Russian hackers. "So we're hopeful that Russia understands the consequences of malicious activity in cyberspace, and will continue to be restrained."

☆ 42% of IT professionals will quit in the next 6 months. Here's how the right software can help them avoid burnout.
▼ + stars: | 2023-03-01 | by ( Sponsor Post | Created Insider Studios With Goto | ) www.businessinsider.com time to read: +8 min

The right software can help businesses who can't find the staff they need. Worldwide the talent shortage could result in unrealized output of $449.70 billion. Alarming numbers underscore the fact that the talent shortage is everywhere. GoTo Resolve can help irrigate the IT desert by providing remote access troubleshooting, support, ticketing, and camera sharing a click away. Essentially, many of the services an enterprise needs to hire for can be procured through Rescue and GoTo Resolve.

☆ CFTC Picks Former Cybercrime Prosecutor as Enforcement Chief
▼ + stars: | 2023-02-28 | by ( Dave Michaels | ) www.wsj.com time to read: 1 min

The CFTC has played a less conspicuous role than the SEC in policing the crypto market but has brought enforcement cases against BitMEX and Coinbase. WASHINGTON—The Commodity Futures Trading Commission hired a former cybercrime prosecutor who oversaw some early federal cases involving cryptocurrencies as its enforcement chief, the latest example of regulators adapting to the risks posed by digital assets and other financial innovations. In his new post, Ian McGinley oversees a team of 120 civil-enforcement attorneys who investigate fraud and misconduct in futures markets tied to energy and agricultural commodities, as well as the newer world of digital assets that qualify as commodities, CFTC Chairman Rostin Behnam said Monday in an interview.

Law firms Akin Gump Strauss Hauer & Feld LLP FollowNEW YORK, Feb 28 (Reuters) - The U.S. Commodity Futures Trading Commission (CFTC) has hired a former New York prosecutor with expertise in cryptocurrency and cyber crimes to lead its enforcement unit, the agency said in a statement on Tuesday. CFTC Chairman Rostin Behnam in the statement described McGinley as a "leader in combatting modern financial fraud". "His background as a prosecutor with unique experience in commodities, crypto, and cyber-crimes and frauds makes him an ideal person to lead the CFTC’s enforcement team," Behnam said. McGinley, whose appointment is effective immediately, replaces the CFTC's acting director of enforcement and veteran CFTC official Gretchen Lowe. Reporting by Chris Prentice Editing by Mark PotterOur Standards: The Thomson Reuters Trust Principles.

☆ It's not just you: Cybercriminals are also using ChatGPT to make their jobs easier
▼ + stars: | 2023-02-26 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +8 min

ChatGPT can quickly generate targeted phishing emails or malicious code for malware attacks. AI companies could be held liable for chatbots counseling criminals since Section 230 may not apply. Sergey Shykevich, a lead ChatGPT researcher at cybersecurity company Checkpoint security, has already seen cybercriminals harness the AI's power to create code that can be used in a ransomware attack. In dealing with unlawful or criminal content on their sites from third-party users, most tech companies cite Section 230 of the Communications Decency Act of 1996. In addition, ChatGPT continues to implement guardrails to deter illegal activity, although these guardrails can often be sidestepped with the right script.

☆ Biggest security benefits, risks with new Meta, Twitter verified identity subscriptions
▼ + stars: | 2023-02-23 | by ( Cheryl Winokur Munk | ) www.cnbc.com time to read: +12 min

As Twitter and Meta Platforms move to paid subscriptions for social media identity verification and security, the battle to stay safe online continues. With social engineering and phishing the primary sources of social media account compromise, it's unlikely verified accounts will actually be more secure. "Twitter is only eliminating the SMS-based two-factor authentication capability, and does offer two additional methods for two-factor authentication that are stronger and more reliable than SMS-based authentication," Ramzan said. When signing on for a social media account, try to give away as little personal information as possible, Buzzard said. Aura recommends social media users disable third-party apps that are connected to their social media accounts.

☆ Cyberattack on food giant Dole temporarily shuts down North America production, company memo says
▼ + stars: | 2023-02-22 | by ( Sean Lyngaas | ) edition.cnn.com time to read: +5 min

CNN —A cyberattack earlier this month forced produce giant Dole to temporarily shut down production plants in North America and halt food shipments to grocery stores, according to a company memo about the incident obtained by CNN. “Dole Food Company is in the midst of a Cyber Attack and have subsequently shut down our systems throughout North America,” Emanuel Lazopoulos, senior vice president at Dole’s Fresh Vegetables division, said in a February 10 memo to retailers. “They [customers] are upset, but it happens,” Russell told CNN. Customers started asking questions about the bare shelves, Underwood said, prompting the store to post the Dole memo about the cyberattack on its Facebook page. The multibillion-dollar company — officially known as Dole Plc after a 2021 merger between Dole Food Company and Ireland’s Total Produce — sources produce from dozens of countries around the world.

☆ Even hackers are getting laid off: As companies beef up cybersecurity, one hacker group reportedly let go of 45 telemarketers tricking people into inviting ransomware
▼ + stars: | 2023-02-21 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +3 min

More countries are targeting payments made to appease ransomware attackers, according to Gartner. As US Department of Justice investigators and companies beef up their oversight of cybersecurity threats, the impact of ransomware attacks — hackers demand ransom payments from targets — has been blunted, according to a Wall Street Journal report. Ransomware hacks can have high stakes, especially when hackers blackmail targets over private information in order to extract payments. In 2021, the agency created new groups internally, including the National Cryptocurrency Enforcement Team and the Ransomware and Digital Extortion Task Force. Countries are generally also stepping up their oversight of ransomware attacks and trying to improve privacy regulations, according to the research and consulting firm Gartner.

☆ Exclusive: AFL-CIO wants bigger say in U.S. digital trade deals for workers
▼ + stars: | 2023-02-07 | by ( David Lawder | ) www.reuters.com time to read: +4 min

WASHINGTON, Feb 7 (Reuters) - The Biden administration has made digital trade the centerpiece of its trade negotiations, and the AFL-CIO wants a bigger say in how the U.S. Trade Representative's office sets goals in this area, arguing they are too often dictated by big technology companies. The USTR is expected to soon propose text on the digital chapter in negotiations for the Indo-Pacific Economic Framework, the Biden administration's signature economic agreement. U.S. Trade Representative Katherine Tai has pledged to create a "worker-centric" trade policy, but the AFL-CIO said digital trade negotiations too often make no mention of labor standards nor the workers who write software or support networks. "Corporations shouldn't dictate the rules of the global digital economy with no regard for working people," AFL-CIO President Liz Shuler said in a statement. Other AFL-CIO demands for digital trade negotiations include:- Requiring governments to enact strong policies to safeguard individuals' personal data as opposed to the current largely voluntary "self-regulation" model that has proven inadequate.

☆ Exclusive: Record-breaking 2022 for North Korea crypto theft, UN report says
▼ + stars: | 2023-02-06 | by ( Michelle Nichols | ) www.reuters.com time to read: +5 min

North Korea has previously denied allegations of hacking or other cyberattacks. The United States has long been warning that North Korea is ready to carry out a seventh nuclear test. They also said they have started an investigation into reports of ammunition exports by North Korea. North Korea has rejected the accusation as groundless and Wagner's owner, Yevgeny Prigozhin, denied getting arms from North Korea. Last May, China and Russia vetoed a U.S.-led push to impose more U.N. sanctions on North Korea.

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