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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,
dr tech

Study: File Sharing Leads To More, Not Fewer, Musical Hits Being Written | Techdirt - 0 views

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    "This study therefore concludes that file sharing has not reduced the creation of new original music. It may have led to fewer works as a result of fewer new artists entering the field, but it was also associated with an increase in output by those artists who chose, despite the lower returns, to devote their talents to making music. Given that file sharing undeniably promotes the broad dissemination of existing works, this conclusion suggests that file sharing is both fully consonant with copyright's constitutionally-delimited purposes and welfare enhancing."
dr tech

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

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    "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
dr tech

Machine-Learning Maestro Michael Jordan on the Delusions of Big Data and Other Huge Eng... - 0 views

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    "Now, the number of combinations of these columns grows exponentially with the number of columns. So if you have many, many columns-and we do in modern databases-you'll get up into millions and millions of attributes for each person. Now, if I start allowing myself to look at all of the combinations of these features-if you live in Beijing, and you ride bike to work, and you work in a certain job, and are a certain age-what's the probability you will have a certain disease or you will like my advertisement? Now I'm getting combinations of millions of attributes, and the number of such combinations is exponential; it gets to be the size of the number of atoms in the universe."
dr tech

the future of human work - 0 views

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    ""Could teaching be trumped by a learning machine? Are we beginning to glimpse the possibility of machines that teach themselves to teach? They learn what works, what doesn't and deliver ever better performance. We see the embryonic evidence for this in adaptive learning systems, that are truly algorithmic, and do use machine learning, to improve as they deliver. The more students they teach, the better they get. They even tech themselves. This is not science fiction. This is real AI, in real software, delivering real courses, in real institutions." - Donald Clark"
dr tech

Senior machine learning scientist quits Google over plan to launch censored Chinese sea... - 0 views

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    "Jack Poulson was a senior research scientist at Google whose work on machine learning work was used to improve Google's search results; now he's quit the company over its Project Dragonfly, a once-secret plan to launch a censored Chinese search engine; Poulson called the move a "forfeiture of our values." Tech companies find it hard to qualify skilled engineers at any price, and machine learning specialists are especially prize, commanding salaries of $1MM/year or more. "
dr tech

Myspace lost all the music its users uploaded between 2003 and 2015 / Boing Boing - 0 views

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    "It's been a year since the music links on Myspace stopped working; at first the company insisted that they were working on it, but now they've admitted that all those files are lost: "As a result of a server migration project, any photos, videos, and audio files you uploaded more than three years ago may no longer be available on or from Myspace. We apologize for the inconvenience and suggest that you retain your back up copies."
dr tech

Maths and tech specialists need Hippocratic oath, says academic | Science | The Guardian - 0 views

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    "When Fry returned to London, she realised how mathematicians, computer engineers and physicists are so used to working on abstract problems that they rarely stop to consider the ethics of how their work might be used"
dr tech

Revealed: catastrophic effects of working as a Facebook moderator | Technology | The Gu... - 0 views

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    "A group of current and former contractors who worked for years at the social network's Berlin-based moderation centres has reported witnessing colleagues become "addicted" to graphic content and hoarding ever more extreme examples for a personal collection. They also said others were pushed towards the far right by the amount of hate speech and fake news they read every day."
dr tech

YouTube moderators must sign contract acknowledging job could cause PTSD - report | Tec... - 0 views

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    "Social media sites are increasingly informing employees of the negative effects of moderation jobs following several reports on harrowing working conditions, including long hours viewing violent and sexually exploitative content with little mental health support. Before accepting a job with Accenture, a subcontractor that works with several social media companies and manages some YouTube moderators at a Texas facility, employees had to sign a form titled "Acknowledgement", the Verge reported."
dr tech

Apple and Google partner on COVID-19 contact tracing technology - 0 views

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    "Privacy, transparency, and consent are of utmost importance in this effort, and we look forward to building this functionality in consultation with interested stakeholders. We will openly publish information about our work for others to analyze. All of us at Apple and Google believe there has never been a more important moment to work together to solve one of the world's most pressing problems. Through close cooperation and collaboration with developers, governments and public health providers, we hope to harness the power of technology to help countries around the world slow the spread of COVID-19 and accelerate the return of everyday life."
dr tech

Scientists discover how the brain recognises faces - by reading monkey's minds | Scienc... - 0 views

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    "Instead, the new work shows our brains rely on the kind of maths that an algorithm might use to perform the task. In fact, Tsao and her colleague, Steven Le Chang, stumbled on their discovery while working on computer vision. The pair had initially set themselves the challenge of coming up with a way of reliably converting facial images into a numerical representation."
dr tech

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

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    "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

Gadgets have stopped working together, and it's becoming an issue | Smartphones | The G... - 0 views

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    "Interoperability is the technical term for what we've lost as tech has matured. Software can be interoperable, either through common, open file formats, or through different programs speaking directly to one another, and so too can hardware: open standards are what allow you to use any headphones with any music player, for instance, or buy a TV without worrying if it will work with your streaming set-up."
dr tech

yes, all models are wrong - 0 views

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    "According to Derek & Laura Cabrera, "wicked problems result from the mismatch between how real-world systems work and how we think they work". With systems thinking, there is constant testing and feedback between the real world, in all its complexity, and our mental model of it. This openness to test and look for feedback led Dr. Fisman to change his mind on the airborne spread of the coronavirus."
dr tech

School's out: Pakistani pupils struggle with lack of internet | Global development | Th... - 0 views

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    "Iqbal Khan works as a chauffeur in Lahore. His children are in his home village in a rural area north of Peshawar. Both of these very different areas of Pakistan have the same problem for many of their young people: no means of getting access to an education. Online learning was not an option for Khan's children as the pandemic locked down schools across cities and countryside. Even as he worked to pay the school fees, his two sons, aged 16 and 13, were unable to access any lessons as their schools went digital."
dr tech

Twitter hack shows why social media needs cybersecurity regulations - 0 views

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    "According to the report, Twitter's security "problems" were only exacerbated by the push to remote work necessitated by the coronavirus pandemic. Like many other newly remote workers, Twitter's employees experienced tech problems working from home. Hackers were able to capitalize on this, tricking at least one Twitter employee into believing the hacker was a member of Twitter's IT team."
dr tech

Pluralistic: 17 Feb 2021 - Pluralistic: Daily links from Cory Doctorow - 0 views

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    ""Dehumanisation and intensification of work is not inevitable…In other words, we must make sure the robots work for us, and not the other way around.""
dr tech

Your Boss Is Watching You: Work-From-Home Boom Leads To More Surveillance : NPR - 0 views

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    "Company emails that she provided to NPR show her employer believed the tracking software would improve the team's productivity and efficiency while everyone was working from home."
dr tech

Remote work: Employers are taking over our living spaces and passing on costs - 0 views

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    "Employers argue they make considerable savings on real estate when workers shift from office to home work. However, these savings result from passing costs on to workers. Unless employees are fully compensated, this could become a variant of what urban theorist Andy Merrifield calls parasitic capitalism, whereby corporate profits increasingly rely on extracting value from the public - and now personal - realm, rather than on generating new value."
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