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anonymous

BBC News - NatWest online services hit by cyber attack - 0 views

www.bbc.co.uk/...business-25262790

ITGS

shared by anonymous on 07 Dec 13 - No Cached
  • ails safe On Friday, a number of customers reported problems getting on to the bank's website, from which they normally access their accounts online. The RBS Group - which includes RBS, NatWest and Ulster Bank - said that NatWest was worst affected by the "deliberate" disruption. "Due to a surge in internet traffic deliberately directed at the NatWest website, customers experienced difficulties accessing some of our customer websites today," a spokeswoman for RBS said. "This deliberate surge of traffic is commonly known as a distributed denial of service (DDoS) attack. We have taken the appropriate action to restore the affected websites. At no time was there any risk to customers. We apologise for the inconvenience caused." She stressed that the latest incident was not connected to Monday's IT failure and no customer information was compromised at any time. The incident on Monday also affected cash machines and card payments and prompted an apology from the boss of the RBS group, Ross McEwan. More on This Story Big Banking Latest news EU fines banks over rate-rigging We've kept businesses alive - RBS Cable hands RBS file to watchdog Parties row over Co-op 'smears' JP Morgan in record $13bn settlement Police search home of Paul Flowers Barclays plans to cut 1,700 jobs $render("hyper-related-assets","group-title-1"); Basics Funding for Lending: How does it work? Q&A: Standard Chartered allegations HSBC report: Key findings Q&A: Basel rules on bank capital $render("hyper-related-assets","group-title-2"); Guides and analysis Shock: A banker can live on £1m salary RBS's new boss, Ross McEwan, will not receive any bonus for his first 15 months in the job, and won't pocket any bonus payments till at least 2017. When will banking ever change? Q&A: Banker bonus cap plan What has changed since the crisis? Explaining the Libor scandal Timeline: Libor-fixing scandal $render("hyper-related-assets","group-title-6");
  • Details safe On Friday, a number of customers reported problems getting on to the bank's website, from which they normally access their accounts online. The RBS Group - which includes RBS, NatWest and Ulster Bank - said that NatWest was worst affected by the "deliberate" disruption. "Due to a surge in internet traffic deliberately directed at the NatWest website, customers experienced difficulties accessing some of our customer websites today," a spokeswoman for RBS said. "This deliberate surge of traffic is commonly known as a distributed denial of service (DDoS) attack. We have taken the appropriate action to restore the affected websites. At no time was there any risk to customers. We apologise for the inconvenience caused." She stressed that the latest incident was not connected to Monday's IT failure and no customer information was compromised at any time. The incident on Monday also affected cash machines and card payments and prompted an apology from the boss of the RBS group, Ross McEwan. More on This Story Big Banking Latest news EU fines banks over rate-rigging We've kept businesses alive - RBS Cable hands RBS file to watchdog Parties row over Co-op 'smears' JP Morgan in record $13bn settlement Police search home of Paul Flowers Barclays plans to cut 1,700 jobs $render("hyper-related-assets","group-title-1"); Basics Funding for Lending: How does it work? Q&A: Standard Chartered allegations HSBC report: Key findings Q&A: Basel rules on bank capital $render("hyper-related-assets","group-title-2"); Guides and analysis Shock: A banker can live on £1m salary RBS's new boss, Ross McEwan, will not receive any bonus for his first 15 months in the job, and won't pocket any bonus payments till at least 2017. When will banking ever change? Q&A: Banker bonus cap plan What has changed since the crisis? Explaining the Libor scandal Timeline: Libor-fixing scandal $render("hyper-related-assets","group-title-6"); hyper-depth-st
  • 's website, from which they normally access their accounts online. The RBS Group - which includes RBS, NatWest and Ulster Bank - said that NatWest was worst affected by the "deliberate" disruption. "Due to a surge in internet traffic deliberately directed at the NatWest website, customers experienced difficulties accessing some of our customer websites today," a spokeswoman for RBS said. "This deliberate surge of traffic is commonly known as a distributed denial of service (DDoS) attack. We have taken the appropriate action to restore the affected websites. At no time was there any risk to customers. We apologise for the inconvenience caused." She stressed that the latest incident was not connected to Monday's IT failure and no customer information was compromised at any time. The incident on Monday also affected cash machines and card payments and prompted an apology from the boss of the RBS group, Ross McEwan. More on This Story Big Banking Latest news EU fines banks over rate-rigging We've kept businesses alive - RBS Cable hands RBS file to watchdog Parties row over Co-op 'smears' JP Morgan in record $13bn settlement Police search home of Paul Flowers Barclays plans to cut 1,700 jobs $render("hyper-related-assets","group-title-1"); Basics Funding for Lending: How does it work? Q&A: Standard Chartered allegations HSBC report: Key findings Q&A: Basel rules on bank capital $render("hyper-related-assets","group-title-2"); Guides and analysis Shock: A banker can live on £1m salary RBS's new boss, Ross McEwan, will not receive any bonus for his first 15 months in the job, and won't pocket any bonus payments till at least 2017. When will banking ever change? Q&A: Banker bonus cap plan What has changed since the crisis? Explaining the Libor scandal Timeline: Libor-fixing scandal $render("hyper-related-assets","group-title-6"); Your Savings
  • ...4 more annotations...
  • and cash machines. Details safe On Friday, a number of customers reported problems getting on to the bank's website, from which they normally access their accounts online. The RBS Group - which includes RBS, NatWest and Ulster Bank - said that NatWest was worst affected by the "deliberate" disruption. "Due to a surge in internet traffic deliberately directed at the NatWest website, customers experienced difficulties accessing some of our customer websites today," a spokeswoman for RBS said. "This deliberate surge of traffic is commonly known as a distributed denial of service (DDoS) attack. We have taken the appropriate action to restore the affected websites. At no time was there any risk to customers. We apologise for the inconvenience caused." She stressed that the latest incident was not connected to Monday's IT failure and no customer information was compromised at any time. The incident on Monday also affected cash machines and card payments and prompted an apology from the boss of the RBS group, Ross McEwan. More on This Story Big Banking Latest news EU fines banks over rate-rigging We've kept businesses alive - RBS Cable hands RBS file to watchdog Parties row over Co-op 'smears' JP Morgan in record $13bn settlement Police search home of Paul Flowers Barclays plans to cut 1,700 jobs $render("hyper-related-assets","group-title-1"); Basics Funding for Lending: How does it work? Q&amp;A: Standard Chartered allegations HSBC report: Key findings Q&amp;A: Basel rules on bank capital $render("hyper-related-assets","group-title-2"); Guides and analysis Shock: A banker can live on £1m salary RBS's new boss, Ross McEwan, will not receive any bonus for his first 15 months in the job, and won't pocket any bonus payments till at least 2017. When will banking ever change? Q&amp;A: Banker bonus cap plan What has changed since the crisis? Explaining the Libor scandal Timeline: Libor-fixing scandal $render("hyper-related-assets","group-title-6"); <h4 cla
  • It came less than a week after a major computer failure left some customers unable to use cards and cash machines.
  • On Friday, a number of customers reported problems getting on to the bank's website
  • Due to a surge in internet traffic deliberately directed at the NatWest website, customers experienced difficulties accessing some of our customer websites today,
dr tech

NSA intimidation expanding surveillance state: Column - 0 views

www.usatoday.com/...2702461

ITGS politics and government policiesandstandards security surveillance state

shared by dr tech on 31 Aug 13 - No Cached
  • dr tech on 31 Aug 13
     
    "There it is. If you run a business, and the FBI or NSA want to turn it into a mass surveillance tool, they believe they can do so, solely on their own initiative. They can force you to modify your system. They can do it all in secret and then force your business to keep that secret. Once they do that, you no longer control that part of your business. You can't shut it down. You can't terminate part of your service. In a very real sense, it is not your business anymore. It is an arm of the vast U.S. surveillance apparatus, and if your interest conflicts with theirs then they win. Your business has been commandeered."
dr tech

How Google's New Search Preference for Mobile-Friendly Sites Will Affect Smal... - 0 views

magazine.good.is/...mobile-friendly-search-results

google sites ITGS search equalityofaccess

shared by dr tech on 22 Apr 15 - No Cached
  • dr tech on 22 Apr 15
     
    "The National Small Business Administration found in 2013 that roughly 20 percent of small businesses are lacking a mobile-friendly website, and 18 percent have no web presence at all. Falling further down the search result hierarchy affects both the business itself and the costumers looking for the business."
dr tech

8 Skilled Jobs That May Soon Be Replaced by Robots - 0 views

www.makeuseof.com/...-jobs-may-soon-replaced-robots

jobs robots ITGS ai peopleandmachines

shared by dr tech on 08 Jan 15 - No Cached
  • dr tech on 08 Jan 15
     
    "Unskilled manual laborers have felt the pressure of automation for a long time - but, increasingly, they're not alone. The last few years have been a bonanza of advances in artificial intelligence. As our software gets smarter, it can tackle harder problems, which means white-collar and pink-collar workers are at risk as well. Here are eight jobs expected to be automated (partially or entirely) in the coming decades. Call Center Employees call-center Telemarketing used to happen in a crowded call center, with a group of representatives cold-calling hundreds of prospects every day. Of those, maybe a few dozen could be persuaded to buy the product in question. Today, the idea is largely the same, but the methods are far more efficient. Many of today's telemarketers are not human. In some cases, as you've probably experienced, there's nothing but a recording on the other end of the line. It may prompt you to "press '1' for more information," but nothing you say has any impact on the call - and, usually, that's clear to you. But in other cases, you may get a sales call and have no idea that you're actually speaking to a computer. Everything you say gets an appropriate response - the voice may even laugh. How is that possible? Well, in some cases, there is a human being on the other side, and they're just pressing buttons on a keyboard to walk you through a pre-recorded but highly interactive marketing pitch. It's a more practical version of those funny soundboards that used to be all the rage for prank calls. Using soundboard-assisted calling - regardless of what it says about the state of human interaction - has the potential to make individual call center employees far more productive: in some cases, a single worker will run two or even three calls at the same time. In the not too distant future, computers will be able to man the phones by themselves. At the intersection of big data, artificial intelligence, and advanced
jhendoooo

Biometric data collection for Digital ID of all Bhutanese to commence from January next... - 0 views

thebhutanese.bt/ommence-from-january-next-year

ITGS bhutan data collection digital ID

shared by jhendoooo on 09 Sep 21 - No Cached
  • jhendoooo on 09 Sep 21
     
    "Digital Identity (ID) is one of the main results focused under the main Digital Drukyul Flagship Program of Nu 2.557 bn as the fund also covers results such as Institutionalizing e-Patient Information System, creating Digital Schools, Integrating e-business services (business licensing and Single window for trade), Land records, tax information etc. Citing some examples of what benefits people can expect with the completion of the Digital ID Lobzang Jamtsho, Chief ICT Officer, Application Development Division, Department of Technology and Telecom (DITT) under Ministry of Information and Communication (MoIC) said stated, "Currently the online processes are hybrid in nature, where although we communicate or negotiate online, people still need to be physically present to sign a contract or make online transactions." He said that with the use of Digital ID, one can have bank transactions or even sign up contracts remotely to state a few components that the program encapsulates. The paper found that the biggest advantage of the Digital ID of the person is that all the information of the person will be stored and based around the Digital ID of the person. This could be health records, land records, tax records, revenue and bank records, business records, education records, census records etc. The person can use his digital ID to access all this information and also use his ID to complete online procedures to avail services. To protect the privacy of the person access to the information will be compartmentalized and restricted so some tax officials for example cannot access the health records of a person. A key component of digital ID is collecting the biometric details of people like eyes and all finger prints for verification and security."
Max van Mesdag

Why Apple Can't Sell Business Laptops - 1 views

www.forbes.com/...chnology-intel-tech-apple.html

ITGS businessandemployment equalityofaccess globalisation

shared by Max van Mesdag on 18 Nov 09 - No Cached
  • Max van Mesdag on 18 Nov 09
     
    Apple is slowly becoming a dangerous competitor again Microsoft, but the Windows operating systems still dominate the business world. What does this mean for Apple?
  • dr tech on 19 Nov 09
     
    Be careful of articles like these as they are really dealing with business but not in terms of the technology or a social and ethical issue. Equality of access for these businesses is only a by product - unlike for something like the OLPC where it was the main issue...
dr tech

Business analytics in the age of Big Data | Business analytics in the age of Big Data |... - 0 views

bsr.london.edu/...index.html

big data business analytics peopleandmachines anonymity privacy policiesandstandards ITGS

shared by dr tech on 24 Oct 14 - No Cached
  • dr tech on 24 Oct 14
     
    "Going from small data analytics to Big Data analytics or to predictive and prescriptive analytics is trickier. Expanding in both dimensions is human capital intensive, requiring talented data scientists. A McKinsey report (2011) estimates that by 2018, there will be a shortage of 140,000 to 190,000 workers with "deep analytical" experience and a further 1.5 million data-literate managers in the US. Technology giants such as Google, Facebook and Amazon, and large investment banks and top hedge funds can afford such employees, however even now the competition is fierce, as is evidenced by the ongoing talent war in Silicon Valley. The data scientist is indeed a sexy job in the 21st century."
dr tech

'Dyre' malware re-surfaces as 'TrickBot', targets Australian banks * The Register - 0 views

www.theregister.co.uk/...ack_and_targeting_aussie_banks

ITGS malware targets banks phishing security

shared by dr tech on 19 Oct 16 - Cached
  • dr tech on 19 Oct 16
     
    "Fidelis malware mangler Jason Reaves says the TrickBot malware has strong code similarities to the Dyre trojan, a menace that ripped through Western banks and businesses in the US, the UK, and Australia, inflicting tens of millions of dollars in damages through dozens of separate spam and phishing campaigns since June 2014. Dyre stole some US$5.5 million from budget carrier Ryanair and fleeced individual businesses of up to $1.5 million each in substantial wire transfers using stolen online banking credentials."
dr tech

Microsoft says it would willingly participate in Australia's media code with Bing searc... - 0 views

www.theguardian.com/...ipate-in-australias-media-code

ITGS microsoft control social media search google bing misinformation globalisation and cultural diversity

shared by dr tech on 03 Feb 21 - No Cached
  • dr tech on 03 Feb 21
     
    ""The code reasonably attempts to address the bargaining power imbalance between digital platforms and Australian news businesses," he said. Google's search engine not as good as its competitors for news, research finds Read more "It also recognises the important role search plays, not only to consumers but to the thousands of Australian small businesses that rely on search and advertising technology to fund and support their organisations." The code, which is currently before the parliament, would facilitate negotiations between media companies and digital platforms - currently just Facebook and Google - for payment for content. If an agreement cannot be reached, then it goes to an arbiter for resolution."
dr tech

We need to rethink social media before it's too late. We've accepted a Faustian bargain... - 0 views

www.theguardian.com/...media-facebook-twitter-society

social media ITGS surveillance capitalism people and machines marketing data mining

shared by dr tech on 27 Sep 20 - No Cached
  • dr tech on 27 Sep 20
     
    "Our social media platforms are powered by a surveillance-based business model designed to mine, manipulate, and extract our human experiences at any cost, causing a breakdown of our information ecosystem and shared sense of truth worldwide. This extractive business model is not built for us but built to exploit us."
dr tech

Cory Doctorow: What Kind of Bubble is AI? - Locus Online - 0 views

locusmag.com/...orow-what-kind-of-bubble-is-ai

ITGS DS cory doctorow generative ai model bubble technology exponential hype technological utopianism

shared by dr tech on 07 Jan 24 - No Cached
  • dr tech on 07 Jan 24
     
    "Do the potential paying customers for these large models add up to enough money to keep the servers on? That's the 13 trillion dollar question, and the answer is the difference between WorldCom and Enron, or dotcoms and cryptocurrency. Though I don't have a certain answer to this question, I am skeptical. AI decision support is potentially valuable to practitioners. Accountants might value an AI tool's ability to draft a tax return. Radiologists might value the AI's guess about whether an X-ray suggests a cancerous mass. But with AIs' tendency to "hallucinate" and confabulate, there's an increasing recognition that these AI judgments require a "human in the loop" to carefully review their judgments. In other words, an AI-supported radiologist should spend exactly the same amount of time considering your X-ray, and then see if the AI agrees with their judgment, and, if not, they should take a closer look. AI should make radiology more expensive, in order to make it more accurate. But that's not the AI business model. AI pitchmen are explicit on this score: The purpose of AI, the source of its value, is its capacity to increase productivity, which is to say, it should allow workers to do more, which will allow their bosses to fire some of them, or get each one to do more work in the same time, or both. The entire investor case for AI is "companies will buy our products so they can do more with less." It's not "business custom­ers will buy our products so their products will cost more to make, but will be of higher quality.""
Buka Zakaraia

Tesco plots to conquer telecoms sector | Business | The Guardian - 0 views

www.guardian.co.uk/...co-telephone-broadband-assault

ITGS

shared by Buka Zakaraia on 20 Nov 09 - Cached
  • Tesco is building up its assault on telephone and broadband firms with plans for hundreds of new in-store telecoms outlets and discounted packages of internet and landline services.
  • Bosses announced a five-year deal with Cable &amp; Wireless for it to supply Tesco with wholesale broadband services
  • It now plans to double its number of phone shops to 200 by the end of 2010
  • dr tech on 20 Nov 09
     
    Is there a negative social and ethical issue - which if the 11 words?
dr tech

Homeworking sounds good - until your job takes over your life | John Harris | Opinion |... - 0 views

www.theguardian.com/...fe-office-grind-remote-working

ITGS employment e-working homeworking telecommuting business and employment people and machines email

shared by dr tech on 07 Mar 21 - No Cached
  • dr tech on 07 Mar 21
     
    "In September last year, researchers at New York University and Harvard Business School published their analysis of the emails and online meetings of 3.1 million remote workers in such cities as Chicago, New York, London, Tel Aviv and Brussels, in the very early phases of their countries' first lockdowns. They found that the length of the average working day had increased by 8.2%, or nearly 50 minutes, "largely due to writing emails and attending meetings beyond office hours"."
dr tech

'Missing from desk': AI webcam raises remote surveillance concerns | Working from home ... - 0 views

www.theguardian.com/...s-remote-surveillance-concerns

ITGS facial recognition ai control people and machines remote work privacy and anonymity

shared by dr tech on 10 May 21 - No Cached
  • dr tech on 10 May 21
     
    "Explained by "Anna", a desk-sitting avatar complete with an artificial voice, the video introduces TP Observer as "a risk-mitigation tool that monitors and tracks real time employee behaviour, and detects any violations to pre-set business rules". Anna explains that this means home workers will have an AI-enabled webcam added to their computers that recognises their face, tags their location and scans for "breaches" of rules at random points during a shift."
dr tech

Inside Robinhood, the free trading app at the heart of the GameStop mania - CNN - 0 views

edition.cnn.com/...index.html

ITGS robinhood app smartphone business and employment

shared by dr tech on 06 Feb 21 - No Cached
  • dr tech on 06 Feb 21
     
    "Robinhood's free-trading revolution helped pave the way to the recent Reddit mayhem on Wall Street. The rise of Robinhood means that the ability to buy stocks, on a whim, is now at everyone's fingertips. Robinhood has opened investing up to the masses. Rival online brokerages were forced to mimic Robinhood's zero-commission business model, and some joined forces just to survive. "
dr tech

How DuckDuckGo makes money selling search, not privacy - TechRepublic - 0 views

www.techrepublic.com/...ney-selling-search-not-privacy

ITGS search engines duckduckgo money business and employment privacy and anonymity

shared by dr tech on 25 Jul 21 - No Cached
  • dr tech on 25 Jul 21
     
    "It's actually a big myth that search engines need to track your personal search history to make money or deliver quality search results. Almost all of the money search engines make (including Google) is based on the keywords you type in, without knowing anything about you, including your search history or the seemingly endless amounts of additional data points they have collected about registered and non-registered users alike. In fact, search advertisers buy search ads by bidding on keywords, not people….This keyword-based advertising is our primary business model. "
dr tech

What Does Privacy Really Mean Under Surveillance Capitalism? | Literary Hub - 0 views

lithub.com/-under-surveillance-capitalism

ITGS privacy and anonymity surveillance capitalism data business and employment

shared by dr tech on 26 Sep 20 - No Cached
  • dr tech on 26 Sep 20
     
    "The internet is primarily funded by the collection, analysis, and trade of data-the data economy. Much of that data is personal data-data about you. The trading of personal data as a business model is increasingly being exported to all institutions in society-the surveillance society, or surveillance capitalism."
dr tech

Costco finds five card skimmers at four Chicago-area warehouses, warns customers of pot... - 0 views

www.foxbusiness.com/...ostco-card-skimmer-data-breach

ITGS skimmer rfid creditcard security privacy and anonymity

shared by dr tech on 14 Nov 21 - No Cached
  • dr tech on 14 Nov 21
     
    "Costco customers at four of the retailer's Chicago-area warehouses may have had their payment information compromised after employees discovered five card-skimming devices during routine PIN pad inspections at the end of August. "We promptly removed the skimmers, notified law enforcement, and engaged a forensics firm to analyze the devices," A Costco spokesperson told FOX Business in a statement. "It appears that these skimmers had the ability to capture information on the magnetic stripe of a payment card, including name, card number, expiration date, and CVV.""
dr tech

Digital trust: Why it matters for businesses | McKinsey - 0 views

www.mckinsey.com/...hy-digital-trust-truly-matters

ITGS DS trust technology research craap cybsecurity

shared by dr tech on 23 Oct 22 - No Cached
  • dr tech on 23 Oct 22
     
    "Consumer faith in cybersecurity, data privacy, and responsible AI hinges on what companies do today-and establishing this digital trust just might lead to business growth. "
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