Lifeboat Foundation

A longer-term concern is the way AI creates a virtuous circle or “flywheel” effect, allowing companies that embrace it to operate more efficiently, generate more data, improve their services, attract more customers and offer lower prices. That sounds like a good thing, but it could also lead to more corporate concentration and monopoly power—as has already happened in the technology sector.

LIE DETECTORS ARE not widely used in business, but Ping An, a Chinese insurance company, thinks it can spot dishonesty. The company lets customers apply for loans through its app. Prospective borrowers answer questions about their income and plans for repayment by video, which monitors around 50 tiny facial expressions to determine whether they are telling the truth. The program, enabled by artificial intelligence (AI), helps pinpoint customers who require further scrutiny.

AI will change more than borrowers’ bank balances. Johnson & Johnson, a consumer-goods firm, and Accenture, a consultancy, use AI to sort through job applications and pick the best candidates. AI helps Caesars, a casino and hotel group, guess customers’ likely spending and offer personalised promotions to draw them in. Bloomberg, a media and financial-information firm, uses AI to scan companies’ earnings releases and automatically generate news articles. Vodafone, a mobile operator, can predict problems with its network and with users’ devices before they arise. Companies in every industry use AI to monitor cyber-security threats and other risks, such as disgruntled employees.

Continue reading “Non-tech businesses are beginning to use artificial intelligence at scale” »

It’s small enough to fit inside a shoebox, yet this robot on four wheels has a big mission: keeping factories and other large facilities safe from hackers.

Meet the HoneyBot.

Continue reading “Robot designed to defend factories against cyberthreats” »

In ransomware attacks, your personal files are held hostage until you pay. Here are hackers’ most frequent targets and how they get their money.

Targets included nearly 8000 professors in 22 countries.

The body-hackers who believe chips under the skin could replace keys and wallets in future.

That’s not a lot to you. If your watch is off by 13.7 microseconds, you’ll make it to your important meeting just fine. But it wasn’t so nice for the first-responders in Arizona, Pennsylvania, Connecticut, and Louisiana, whose GPS devices wouldn’t lock with satellites. Nor for the FAA ground transceivers that got fault reports. Nor the Spanish digital TV networks that had receiver issues. Nor the BBC digital radio listeners, whose British broadcast got disrupted. It caused about 12 hours of problems—none too huge, all annoying. But it was a solid case study for what can happen when GPS messes up.

The 24 satellites that keep GPS services running in the US aren’t especially secure; they’re vulnerable to screw-ups, or attacks of the cyber or corporeal kind. And as more countries get closer to having their own fully functional GPS networks, the threat to our own increases. Plus, GPS satellites don’t just enable location and navigation services: They also give ultra-accurate timing measurements to utility grid operators, stock exchanges, data centers, and cell networks. To mess them up is to mess those up. So private companies and the military are coming to terms with the consequences of a malfunction—and they’re working on backups.

The 2016 event was an accidental glitch with an easily identifiable cause—an oops. Harder to deal with are the gotchas. Jamming and spoofing, on a small scale, are both pretty cheap and easy. You can find YouTube videos of mischievous boys jamming drones, and when Pokemon GO users wanted to stay in their parents’ basements, they sent their own phones fake signals saying they were at the Paris mall. Which means countries, and organized hacking groups, definitely can mess with things on a larger scale. Someone can jam a GPS signal, blocking, say, a ship from receiving information from satellites. Or they can spoof a signal, sending a broadcast that looks like a legit hello from a GPS satellite but is actually a haha from the hacker next-door.

Continue reading “GPS Isn’t Very Secure. Here’s Why We Need A Backup” »

From healthcare to warfare, machine-based thinking is revolutionising the way we live, exposing us to the benefits and the risks. Twenty-six world experts in emerging technologies say cybercrime will grow and drones will be misused in the next decade.

Meow-Ludo Disco Gamma Meow-Meow couldn’t just toss away his New South Wales transit pass even after he found out that it got deactivated while he was on a trip to the USee, Meow-Meow (yes, that is his legal name) cut the chip out of the travel card, encased it in biocompatible plastic and had it implanted under the skin on his left hand. The biohacker now plans to file a lawsuit against New South Wales’ transport authorities, not just to fight the decision, but also to help create laws around body-hacking tech. In addition to the transit pass chip, Meow-Meow has two other implanted elect…

The Chinese “Micius” satellite has successfully set up the world’s most secure video conference, using quantum cryptography to connect scientists in Europe and China for an unhackable, intercontinental chat.

The feat marks another milestone for the satellite, officially called Quantum Experiments at Space Scale (QESS), which only last year was making headlines for transmitting an “unbreakable” quantum code to the Earth’s surface.