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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

Tech is disrupting all before it - even democracy is in its sights | Technology | The G... - 0 views

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    "It was robot accounts that caused "#TrumpWon" to trend after each TV debate and allowed Trump to claim "victory"."
dr tech

Massive Disruption Is Coming With Quantum Computing - 0 views

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    "Moore's Law (or the exponential growth of integrated circuits) is actually referring to the fifth paradigm of computation. Here's the list of the underlying technologies: (1) Electromechanical; (2) Vacuum Tube; (3) Relay; (4) Transistors; and (5) Integrated Circuits. Quantum computers may well be the sixth paradigm, given that they work in a fashion that is entirely different from "classical" computers"
dr tech

The messy, cautionary tale of how Babylon disrupted the NHS | WIRED UK - 0 views

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    "To date, the presence of Babylon's GP surgery in London has forced the NHS to reallocate millions of pounds in funding to mitigate for the disruption it has caused. Its expansion plans have been blocked before being allowed to proceed. But concerns linger with clinicians questioning the GP surgery's impact and the effectiveness of its much-hyped artificial intelligence platform."
dr tech

The disruption con: why big tech's favourite buzzword is nonsense | Silicon Valley | Th... - 0 views

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    "The answers to such questions will determine what regulatory oversight we believe is necessary or desirable, what role we think the government or unions should play in a new industry such as tech, and even how the industry and its titans ought to be discussed."
dr tech

I help create the automated jobs that are taking jobs. - 0 views

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    "Those changes happened relatively slowly, but it seems to me that employment disruption is accelerating. A large reason for this is that what used to be a room-sized super computer now fits in my pocket. Over the last two decades, I have observed a fundamental change in how we can apply advanced algorithms to sensing and controlling systems-the kinds of technology that enable more sophisticated robotic manufacturing. I can remember discussing various algorithms and believing they were well beyond what we could ever implement. Now these same algorithms are considered elementary. They are just some of the changes that have fueled the revolution in manufacturing."
dr tech

When Machines Can Do Most Jobs-Passion, Creativity, and Reinvention Rule - Singularity HUB - 0 views

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    "Now, by my estimates, the half-life of a career is about 10 years. I expect that it will decrease, within a decade, to five years. Advancing technologies will cause so much disruption to almost every industry that entire professions will disappear. And then, in about 15-20 years from now, we will be facing a jobless future, in which most jobs are done by machines and the cost of basic necessities such as food, energy and health care is negligible - just as the costs of cellphone communications and information are today. "
dr tech

Google self-driving cars 'risk being caught in spam traffic jams' | Technology | thegua... - 0 views

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    ""Self-drive cars will probably work through internet connectivity and, just as large volumes of electronic traffic can be routed to overwhelm websites, the opportunity for self-drive traffic being routed to create 'spam jams' or disruption is a very real prospect.""
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

'Petya' ransomware attack strikes companies across Europe and US | World news | The Gua... - 0 views

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    "Victims of a major ransomware cyberattack that has spread through the US and Europe can no longer unlock their computers even if they pay the ransom. The "Petya" ransomware has caused serious disruption at large firms including the advertising giant WPP, French construction materials company Saint-Gobain and Russian steel and oil firms Evraz and Rosneft. Infected computers display a message demanding a Bitcoin ransom worth $300. Those who pay are asked to send confirmation of payment to an email address. However, that email address has been shut down by the email provider. "
dr tech

Cyber-attack forces shutdown of one of the US's largest pipelines | Cybercrime | The Gu... - 0 views

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    "In a statement, the company said: "Colonial Pipeline is taking steps to understand and resolve this issue. At this time, our primary focus is the safe and efficient restoration of our service and our efforts to return to normal operation. This process is already under way, and we are working diligently to address this matter and to minimize disruption to our customers and those who rely on Colonial Pipeline."
dr tech

Tell Zoom to protect all users from police surveillance, hackers, and cyber-criminals -... - 0 views

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    "Zoom is not encrypting calls for free accounts with end to end encryption so they can provide law enforcement and the Federal Bureau of Investigation with content from those calls. As protesters demonstrate in the wake of the murder of George Floyd, law enforcement has deployed a wide range of surveillance tools to monitor and track protesters-including facial recognition software and contact tracing technology. They are working to get information from every source possible to disrupt and even arrest people involved with the protests."
dr tech

How Remote Work Could Destroy Silicon Valley | by Steve LeVine | Jul, 2020 | Marker - 0 views

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    "But now Silicon Valley seems to be under a little-noticed threat. Amid Covid-19, the deep recession, and renewed antitrust pressure from Congress and regulators, the Valley faces a very different challenge - the disruption of its very essence, the serendipitous encounter. The culprit is a rush by many of the Valley's leading companies to permanently lock in the coronavirus-led shift to remote work."
dr tech

Singapore deploys Spot robot to patrol parks and remind people to socially distance - T... - 0 views

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    "Using the robot will reduce the need for staff to patrol the grounds, says NParks, and it "lowers the risk of exposure to the virus." According to local newspaper The Straits Times, the board is also considering deploying the robot elsewhere in the city. Signs posted in the park ask visitors not to "disrupt" the robot on its patrols."
dr tech

Covid-19 makes it clearer than ever: access to the internet should be a universal right... - 0 views

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    "Life went on - with limited disruption, if not quite as normal. After all, I have enough space, equipment and internet connectivity to work comfortably from home. In some ways, life has become more efficient. Less jet lag. More sanity."
dr tech

Remote Work Means Anyone Can Take Your Job | Marker - 0 views

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    "That's where the real disruption comes in. If you thought globalization was fun for manufacturing, buckle up. Remote work is about to globalize a bunch of service jobs as well."
dr tech

China plans control of tech that US can only dream of, Government & Economy - THE BUSIN... - 0 views

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    "The Cyberspace Administration of China (CAC) unveiled a 30-point draft proposal for "algorithm recommendation management regulations" that would directly affect companies including ByteDance, Tencent Holdings and Kuaishou Technology. The rules would forbid practices that "encourage addiction or high consumption", as well as any activities that endanger national security or disrupt social and economic order."
dr tech

'Put learners first': Unesco calls for global ban on smartphones in schools | Unesco | ... - 0 views

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    "Smartphones should be banned from schools to tackle classroom disruption, improve learning and help protect children from cyberbullying, a UN report has recommended. Unesco, the UN's education, science and culture agency, said there was evidence that excessive mobile phone use was linked to reduced educational performance and that high levels of screen time had a negative effect on children's emotional stability."
dr tech

MIT's 'PhotoGuard' protects your images from malicious AI edits | Engadget - 0 views

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    "PhotoGuard works by altering select pixels in an image such that they will disrupt an AI's ability to understand what the image is. Those "perturbations," as the research team refers to them, are invisible to the human eye but easily readable by machines. The "encoder" attack method of introducing these artifacts targets the algorithmic model's latent representation of the target image - the complex mathematics that describes the position and color of every pixel in an image - essentially preventing the AI from understanding what it is looking at."
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