"Artificial Intelligence has the ability to perform illegal financial trades and cover it up, new research suggests.
In a demonstration at the UK's AI safety summit, a bot used made-up insider information to make an "illegal" purchase of stocks without telling the firm.
When asked if it had used insider trading, it denied the fact.
Insider trading refers to when confidential company information is used to make trading decisions.
Firms and individuals are only allowed to use publicly-available information when buying or selling stocks. "
"The vast majority of emails flooding inboxes across Europe from companies asking for consent to keep recipients on their mailing list are unnecessary and some may be illegal, privacy experts have said, as new rules over data privacy come into force at the end of this week."
"TikTok has been fined £12.7m for illegally processing the data of 1.4 million children under 13 who were using its platform without parental consent, Britain's data watchdog said.
The information commissioner said the China-owned video app had done "very little, if anything" to check who was using the platform and remove underage users, despite internal warnings the firm was flouting its own terms and conditions."
"If Facebook cared about unfair profiling and privacy abuse, for instance, it would probably not have started grouping its users together based on their "Ethnic Affinity". It wouldn't then allow that ethnic affinity to be used as a basis for excluding users from advertisements, and it certainly wouldn't allows that ethnic affinity to be used as a basis for potentially illegal discrimination in real estate advertising."
""Let's decide what it means to be a programmer,"Martin says in the video. "Civilization depends on us. Civilization doesn't understand this yet."
His point is that in today's world, everything we do like buying things, making a phone call, driving cars, flying in planes, involves software. And dozens of people have already been killed by faulty software in cars, while hundreds of people have been killed from faulty software during air travel.
"We are killing people," Martin says. "We did not get into this business to kill people. And this is only getting worse.""
"The Authors' Guild originally sued Google, saying that serving up search results from scanned books infringes on publishers' copyrights even though the search giant shows only restricted snippets of the work. The writers also claimed that Google's book search snippets provide an illegal free substitute for their work and that Google Books infringes their "derivative rights" in revenue they could gain from a "licensed search" market."
"Here's the thing about privacy: It's tedious. Rather than dwell on Google being accused of illegal wiretapping with Street View, or whether Facebook got explicit consent from users before a recent update in privacy practices, we need to evolve the conversation around the monetization of our data in the digital realm toward identity. "
A porn studio "harrassed" someone it claims illegally downloaded their films by threatening to subpoena their neighbours and spouse if they didn't pay up, a judge has said.
"But the bigger problem with things like public tweets is that no-one knows what information can be derived from them, either now or in the future. I write as a data analyst who's done a fair bit of work with this kind of material. What follows are a few techniques that aren't at all obvious to the average Twitter user. They go far beyond reading the surface text (or metadata) of an individual tweet. And these are just some of the techniques currently used to mine this data, ethically or unethically, legally or illegally."
"The bill will now allow police to access all web browsing records in specific crime investigations, beyond the illegal websites and communications services specified in the original draft bill.
It will extend the use of state remote computer hacking from the security services to the police in cases involving a "threat to life" or missing persons. This can include cases involving "damage to somebody's mental health", but will be restricted to use by the National Crime Agency and a small number of major police forces."
"France's equalities minister has said social networks must do more to ensure illegal content is immediately taken down, after a video of an alleged rape was shared widely on Twitter."
"Zoom has admitted it suspended the accounts of human rights activists at the behest of the Chinese government and suggested it will block any further meetings that Beijing complains are illegal."
"SINGAPORE: Personal information of about 129,000 Singtel customers was stolen after a recent data breach of a third-party file sharing system, the local telco said on Wednesday (Feb 17).
Singtel has completed initial investigations into the breach and established which files on the Accellion file transfer appliance (FTA) were accessed illegally, the company said in a news release."
"Service providers, including many ORG members, will be required to do this through the imposition of a "duty of care" - a concept awkwardly borrowed from health & safety - which will require them to monitor the integrity of their services not by objective technical standards, but by subjective "codes of practice" on both illegal and legal content.
Although the framework has been drawn up with large American social media platforms in mind, it would apply to any site or service with UK users which hosts user-generated content. A blog with comments will be fair game. An app with user reviews will be fair game. "