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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

'Humanity's remaining timeline? It looks more like five years than 50': meet the neo-lu... - 0 views

www.theguardian.com/...es-warning-of-an-ai-apocalypse

ITGS DS luddit server farms generativeai yudkowsky ai warning timeline

shared by dr tech on 18 Feb 24 - No Cached
  • dr tech on 18 Feb 24
     
    "Trying to shake humanity from its complacency about this, Yudkowsky published an op-ed in Time last spring that advised shutting down the computer farms where AIs are grown and trained. In clear, crisp prose, he speculated about the possible need for airstrikes targeted on datacentres; perhaps even nuclear exchange. Was he on to something?"
dr tech

16 Musings on AI's Impact on the Labor Market - 0 views

www.thealgorithmicbridge.com/...ngs-on-ais-impact-on-the-labor

ITGS DS values and ethics change economic employment

shared by dr tech on 25 Jan 25 - No Cached
  • dr tech on 25 Jan 25
     
    "In the short term, generative AI will replace a lot of people because productivity increases while demand stays the same due to inertia. In the long term, the creation of new jobs compensates for the loss of old ones, resulting in a net positive outcome for humans who leave behind jobs no one wants to do. The most important aspect of any technological revolution is the transition from before to after. Timing and location matters: older people have a harder time reinventing themselves into a new trade or craft. Poor people and poor countries have less margin to react to a wave of unemployment. Digital automation is quicker and more aggressive than physical automation because it bypasses logistical constraints-while ChatGPT can be infinitely cloned, a metallic robot cannot. Writing and painting won't die because people care about the human factor first and foremost; there are already a lot of books we can't possibly read in one lifetime so we select them as a function of who's the author. Even if you hate OpenAI and ChatGPT for being responsible for the lack of job postings, I recommend you ally with them for now; learn to use ChatGPT before it's too late to keep your options open. Companies are choosing to reduce costs over increasing output because the sectors where generative AI is useful can't artificially increase demand in parallel to productivity. (Who needs more online content?) Our generation is reasonably angry at generative AI and will bravely fight it. Still, our offspring-and theirs-will be grateful for a transformed world whose painful transformation they didn't have to endure. Certifiable human-made creative output will reduce its quantity but multiply its value in the next years because demand specific for it will grow; automation can mimic 99% of what we do but never reaches 100%. The maxim "AI won't take your job, a person using AI will; yes, you using AI will replace yourself not using it" applies more in the long term than the
dr tech

A Timeline Of Facebook's Scandals In 2018 - 0 views

www.buzzfeednews.com/...ist-of-facebooks-2018-scandals

ITGS facebook privacy and anonymity control corporate

shared by dr tech on 24 Dec 18 - No Cached
  • dr tech on 24 Dec 18
     
    "pledging to fix the company's problems, but instead 2018 turned into 12 months of mea culpas, self-inflicted scandals, and screwups."
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