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dr tech

The Digital Divide: could you live without the internet? | Digital Britain | The Guardian - 0 views

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    "Doctors' appointments, job applications, personal banking, key services and more are today mostly managed online. While the UK government details its plans for a digital future to transform public services, one in seven Britons are forced to live without the internet. This film is voiced by three individuals experiencing digital exclusion, revealing how varied and complex the repercussions can be. Through enacted scenes from their lives, it makes visible the expanding digital divide - an issue too often unseen or ignored by policy makers, businesses and society at large. "
dr tech

AI videos are becoming a reality - 0 views

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    "Instead of putting bank tellers out of a job, ATMs increased the demand for tellers by reducing the cost of operating a bank branch. The reduced cost of operating a branch meant that banks opened more branches and hired more tellers to operate them. bank branches in urban areas increased by more than 40% (source) The counterintuitive nature of new technologies is such that they may eliminate certain jobs - or parts of those jobs - but they also create new jobs and empower workers in existing jobs to be more productive."
dr tech

'The first Twitter-fuelled bank run': how social media compounded SVB's collapse | Silicon Valley bank | The Guardian - 0 views

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    "The collapse of SVB was the second-largest bank failure in the history of the United States. The largest, Washington Mutual in 2008, took place over the course of eight months. SVB's collapse played out in barely two days. Anxious Twitter posts and WhatsApp exchanges, coupled with the ease of access that online banking provides, are seen by analysts as a serious catalyst for the current crisis. Experts suggest that in the social media age, the psychological behaviour behind a bank run - mass fear from depositors of losing their savings - may be amplified and go viral quicker than bank officers and regulators can successfully respond."
dr tech

'She'd been sending herself payments from me': Venmo users on discovering secrets on the app | Apps | The Guardian - 0 views

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    "Officially, Venmo is an app for transferring money from one person to another. In the US, where most banks do not offer instant free money transfers, it was revolutionary for simple things like splitting the bill on dinner, or sending their roommates half of the rent. But because the Venmo app has a "home feed", an endless scroll that shows payments between users, it's also a sneaky form of social media. You can see how your friends spend their money - and who they spend it with."
dr tech

The carnival of hysteria over Nicola Bulley shows us the very worst of modern human nature | Zoe Williams | The Guardian - 0 views

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    "ne YouTuber, Dan Duffy, joined the search just to post a video of himself joining it, and was fined on a public order offence, which he also filmed. One TikTok account, Curtis Cool Stuff, posted a video of a man digging up woodland, and another of him roaming around a derelict house opposite the bank where Bulley was last seen. Another group of men had to be dispersed from the house, having travelled there from Liverpool."
dr tech

Why Big Tech shreds tens of millions of storage units it might reuse - 0 views

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    "The chief working officer of Techbuyer, an IT asset disposal firm in Harrogate, was standing in a big windowless room of an information centre in London surrounded by hundreds of used exhausting drives owned by a bank card firm. Knowing he might wipe the drives and promote them on, he provided a six-figure sum for all of the units. The reply was no. Instead, a lorry could be pushed as much as the positioning and the data-storing units could be dropped inside by authorised safety personnel. Then industrial machines would shred them into tiny fragments. "
dr tech

Can AI stop rare eagles flying into wind turbines in Germany? | Birds | The Guardian - 0 views

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    "A controversial reform of the federal nature conservation act, pushed through by Olaf Scholz's coalition government earlier this summer, slashes red tape around building windfarms near nesting sites, but banks on AI-driven "anti-collision systems" as one way to minimise such accidents."
dr tech

TechScape: They used my identity to flog a doomed cryptocurrency - and then things got weird | Cryptocurrencies | The Guardian - 0 views

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    "Gambling on shitcoins takes the subtext of much of the crypto space and turns it into the entire purpose. There is no pretence, here, of anyone banking on widespread use, or of the coins having a purpose. The game is to find one that will go up, buy it cheap, push it as hard as you can to others, and then cash out at the top. The community takes phrases usually associated with financial crime - "shilling", "pump and dump", and so on - and wears them like a badge of honour."
dr tech

How fraudsters can use the forgotten details of your online life to reel you in | Scams | The Guardian - 0 views

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    ""The social engineering type of attack does not tend to scale [up] easily given the time and effort required to succeed, and therefore is more often than not used by individuals rather than the 'call centre' approach of criminal enterprises," Goddard says. "The trigger to target an individual could be targeted, or opportunistic such as overhearing a conversation or getting access to sensitive or exploitable information like a picture or bank statement.""
jhendoooo

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

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    "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."
neoooo

Japan in race with China for facial-recognition supremacy - Nikkei Asia - 0 views

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    "TOKYO/GUANGZHOU -- From shopping to banking to boarding airplanes, an economy based on facial recognition is taking root in Japan, enabling consumers to live a cashless, bag-free life. "
melodyyy

Japan firms to jointly develop facial recognition payment system - 0 views

  • Four Japanese firms will jointly develop a payment system using facial recognition technology that will allow customers to make deposits and withdrawals at banks and shop at stores without presenting anything if they register their facial images in advance.
  • While the registration of facial images would require the consent of customers, many people may hesitate to provide their image data due to privacy concerns. How to ensure the security of the planned system will be key to its widespread use. The four companies plan to develop a system under which facial image data will be stored on a server that cannot be accessed from the outside. Resona will manage the system.
dr tech

Banks allowed to use facial recognition - 0 views

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    "The Bank of Thailand has allowed six commercial Banks to offer facial recognition for electronic Know Your Customer (e-KYC) technology to verify the identity of new customers under the regulatory sandbox when opening online deposit accounts."
dr tech

'Typographic attack': pen and paper fool AI into thinking apple is an iPod | Technology | The Guardian - 0 views

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    "But even cleverest AI can be fooled with the simplest of hacks. If you write out the word "iPod" on a sticky label and paste it over the apple, Clip does something odd: it decides, with near certainty, that it is looking at a mid-00s piece of consumer electronics. In another test, pasting dollar signs over a picture of a dog caused it to be recognised as a piggy bank."
dr tech

China Charges Ahead With a National Digital Currency - The New York Times - 0 views

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    "If the eCNY is successful, it will give the central bank new powers, including novel types of monetary policy to help the economy grow. In one possibility that economists have discussed, a central bank could program its digital currency to slowly lose value so that consumers are encouraged to spend it immediately."
dr tech

Inside China's mass surveillance for secrets and scandal | RNZ News - 0 views

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    "Information collected includes dates of birth, addresses, marital status, along with photographs, political associations, relatives and social media IDs. It collates Twitter, Facebook, LinkedIn, Instagram and even TikTok accounts, as well as news stories, criminal records and corporate misdemeanours. While much of the information has been "scraped" from open-source material, some profiles have information which appears to have been sourced from confidential bank records, job applications and psychological profiles."
dr tech

Microsoft warns digital currency owners to be aware of new malware - 0 views

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    "The new malware, called Anubis, seems to use code forked from Loki. It steals crypto wallet credentials, credit card details and other valuable information from these Windows users. According to MSI, it first discovered the malware in June in the cybercriminal underground. It has the same name with another potent banking Trojan that has been targeting Android smartphones for months."
dr tech

FBI warns of look-alike election sites that could mess with voting - 1 views

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    "Dubbed typosquatting, the idea is simple (if devious): A hacker registers a domain that is close enough to a real site, like yourbanknarne.com, and puts up a clone of yourbankname.com. The unsuspecting victim goes to the wrong site by mistake, and enters their personal banking information. In doing so, they have inadvertently handed the digital keys to their account to a hacker. "
dr tech

Facial recognition CCTVs at convenience stores help curb crime - Mazlan - 0 views

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    "KUALA LUMPUR: Facial recognition technology today is increasingly being used by law enforcement agencies, banks, hotels, airport and now convenience stores to detect and arrest criminals quickly. Kuala Lumpur Police chief Datuk Seri Mazlan Lazim said by the installation of facial recognition closed-circuit television (CCTV) cameras in convenience stores the faces of criminals can be clearly recorded to trace their identities."
dr tech

Don't bank on Britain's foppish, lazy elites to save us from deep fakery | Vladimir Putin | The Guardian - 0 views

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    ""How are we going to trust anything electronically mediated in the very near future? What do we do when anyone can imitate anyone else, for any reason that suits them?""
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