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

  • 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
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  • 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,
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Much of west and central Africa without internet after undersea cable failures | Intern... - 0 views

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    "Much of west and central Africa has been left without internet service, as operators of several subsea cables reported failures. The cause of the cable failures on Thursday was not immediately clear. The African subsea cable operator Seacom confirmed that services on its west African cable system were down and that customers who relied on that cable were being redirected to the Google Equiano cable, which Seacom uses."
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Virgin Hyperloop selects West Virginia to test its futuristic transport system - The Verge - 0 views

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    "Virgin Hyperloop One announced its plan to build a $500 million certification center to advance its vision of the future of high-speed transportation in West Virginia. The state will serve as a locus for testing, developing, and validating the technology that underpins the still-theoretical hyperloop system. "
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Artificial intelligence - coming to a government near you soon? | Artificial intelligen... - 0 views

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    "How that effects systems of governance has yet to be fully explored, but there are cautions. "Algorithms are only as good as the data on which they are based, and the problem with current AI is that it was trained on data that was incomplete or unrepresentative and the risk of bias or unfairness is quite substantial," says West. The fairness and equity of algorithms are only as good as the data-programming that underlie them. "For the last few decades we've allowed the tech companies to decide, so we need better guardrails and to make sure the algorithms respect human values," West says. "We need more oversight.""
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Wikipedia's view of the world is written by the west | Technology | The Guardian - 0 views

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    "The researchers, led by Dr Mark Graham from the university's Oxford Internet Institute, argue that the study shows that "local voices rarely represent and define their own country". Instead, high-income countries have a disproportionately loud voice on the crowd-sourced encyclopedia, so countries that have many Wikipedia editors can "dominate the production of knowledge about smaller countries""
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Train firm's 'worker bonus' email is actually cybersecurity test | Rail transport | The... - 0 views

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    "West Midlands Trains emailed about 2,500 employees with a message saying its managing director, Julian Edwards, wanted to thank them for their hard work over the past year under Covid-19. The email said they would get a one-off payment as a thank you after "huge strain was placed upon a large number of our workforce". However, those who clicked through on the link to read Edwards' thank you were instead emailed back with a message telling them it was a company-designed "phishing simulation test" and there was to be no bonus. It warned: "This was a test designed by our IT team to entice you to click the link and used both the promise of thanks and financial reward.""
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Big Brother is still watching you and he goes by the name Facebook | John Naughton | Th... - 0 views

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    "Rather to Facebook's surprise, Free Basics was not universally welcomed in some of its target territories. The most vocal opposition came in India, the most important market outside of the west, where ungrateful critics perceived it an example of "digital colonialism" and it was eventually blocked by the country's telecoms regulator on the grounds that it violated the principle of net neutrality by explicitly favouring some kinds of online content while effectively blocking others. Beyond India, however, Free Basics seems to be thriving, being used by "up to 100 million" people in 65 countries, including 28 in Africa."
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Apple loses copyright claims against 'virtual iPhone' maker, Technology - THE BUSINESS ... - 0 views

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    "Corellium's actions fell under an exception to copyright law because it "creates a new, virtual platform for iOS and adds capabilities not available on Apple's iOS devices," District Court Judge Rodney Smith in West Palm Beach ruled on Tuesday."
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Facebook struggles as Russia steps up presence in unstable west Africa | World news | T... - 0 views

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    "A report by investigators from the Digital Forensic Lab, a global network of digital forensic researchers run by US-based thinktank the Atlantic Council, reveals how pro-Russian Facebook pages in Mali coordinated support for anti-democracy protests and the Wagner group, a controversial Russian private military contractor that was invited into the unstable country last year after the overthrow of President Bah N'daw by the military."
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Government targeting UK minorities with social media ads despite Facebook ban | Social ... - 0 views

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    "In one case, a government campaign aimed at helping young people off benefits was targeted at Facebook users with interests including "afro-textured hair" and the "West Indies cricket team". Other campaigns have targeted LGBTQ+ content at people interested in "genderqueer" issues and the TV show RuPaul's Drag Race; council support services at people interested in "hijabs" and "Islamic dietary requirements"; and an appeal for witnesses to a murder in Manchester aimed at people interested in "hip-hop", "rapping", Kim Kardashian and Usain Bolt. The "microtargeting" is revealed in analysis of more than 12,000 ads which ran on Facebook and Instagram between late 2020 and 2023. Supplied to UK academics by Facebook's parent company Meta, and shared with the Observer, the data gives an insight into the use of targeted advertising by the state based on profiling by the world's biggest social media company. In 2021, Facebook announced a ban on targeting based on race, religion and sexual orientation amid concerns about discrimination, which led to the removal of several interest categories that had been used by advertisers to reach and exclude minority groups."
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TikTok: how the west has turned on gen Z's favourite app | TikTok | The Guardian - 0 views

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    "US and European fears about China exploiting TikTok's data harvest and promoting Beijing's worldview look set to inspire an urgent overhaul in data privacy laws"
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TikTok's ties to China: why concerns over your data are here to stay | Data protection ... - 0 views

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    "Owned by the Chinese company ByteDance, TikTok's success - more than 1 billion users worldwide - is combining with well-established fears about social media's data collection practices and concerns over China's geo-political ambitions to generate a background hum of distrust about the app. "As the geopolitical situation changes I suspect we will see companies such as TikTok will continue to be treated with some caution in the west," says Alan Woodward, a professor of cybersecurity at Surrey University."
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Prep School Appoints AI Robot as Principal Headteacher - 0 views

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    "A boarding prep school in West Sussex, Cottesmore School, has made history by appointing an AI robot, Abigail Bailey, as its "principal headteacher". Created in collaboration with an artificial intelligence developer, the robot is designed to support the school's headmaster, Tom Rogerson, by providing advice on various issues such as supporting staff members and helping pupils with ADHD. Abigail Bailey functions similarly to the AI service ChatGPT, where users ask questions and receive answers from the chatbot's algorithms. The AI principal has been developed with extensive knowledge in machine learning and educational management, allowing it to analyze vast amounts of data. According to Mr. Rogerson, having the AI robot to assist him is calming and reassuring. He considers the role of a school leader to be lonely and believes that having an entity to rely on is invaluable. He also intends to make the publicly-available online robot accessible to state school headteachers."
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Are Phones Making the World's Students Dumber? - The Atlantic - 0 views

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    "ns Work in Progress It Sure Looks Like Phones Are Making Students Dumber Test scores have been falling for years-even before the pandemic. By Derek Thompson A student looking at their phone Darrell Eager / Gallery Stock December 19, 2023 Saved Stories This is Work in Progress, a newsletter about work, technology, and how to solve some of America's biggest problems. Sign up here. For the past few years, parents, researchers, and the news media have paid closer attention to the relationship between teenagers' phone use and their mental health. Researchers such as Jonathan Haidt and Jean Twenge have shown that various measures of student well-being began a sharp decline around 2012 throughout the West, just as smartphones and social media emerged as the attentional centerpiece of teenage life. Some have even suggested that smartphone use is so corrosive, it's systematically reducing student achievement. I hadn't quite believed that last argument-until now."
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AI will end the west's weak productivity and low growth. But who exactly will benefit? ... - 0 views

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    "What is in doubt is who will benefit from the boost to productivity. What if all the gains are seized by a handful of tech giants? What if history fails to repeat itself, and AI destroys more jobs than it creates? What if AI does lead to a net increase in employment, but the new jobs are less well-paid than the old ones? Put simply, what if it is different this time? That may well be the case. Much of the debate around the impact of AI is based on conjecture. There have been studies galore that have sought to estimate the number of jobs that will be affected - potentially running into the hundreds of millions globally - but nobody knows for sure. That said, certain conclusions can be drawn with a reasonable degree of confidence."
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We soon won't tell the difference between AI and human music - so can pop sur... - 0 views

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    "He's right to be annoyed - these tracks are a violation of an artist's creativity and personhood - and the fakes are noticeably more sophisticated than those from a few years ago, when Jay-Z was made to rap Shakespeare (this is the kind of humour beloved of AI dorks). The tech will continue to improve to the point where the differences become indistinguishable. Perhaps lazy artists will soon use AI to generate their latest album, not so much phoning it in as texting it. AI composes its music by regurgitating things it's been trained to listen to in vast song databases, and that's not so different than the way human-composed pop music is recombined from prior influences. Producers, engineers, lyricists and all the other people who work behind a star could be usurped or at least have their value driven down by cheap AI tools."
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