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Launch of a new standard for AI security in Singapore

AIHub

The adoption of artificial intelligence (AI) in various applications, from self-driving autonomous vehicles to AI-assisted medical diagnoses, has accelerated in recent years. From 2018 to 2020, there was a five-fold increase globally in the percentage of organisations deploying AI. While the adoption of AI brings numerous benefits, cybersecurity threats such as hacking pose a significant threat to AI systems, especially in applications where hackers may gain access to confidential information or cause automated systems to malfunction. Answering the call to protect the integrity of AI programmes and create trust in AI solutions, a team of NTU researchers and AI leaders has launched a new standard on AI security. Unveiled on 16 March 2022 at the Al Security Standard Launch Singapore TR 99:2021 Growth opportunities for government & industry adopting trustworthy Al, and published by Enterprise Singapore's Standards Consortium, the standard was developed from research led by NTU scientists Prof Liu Yang of NTU's School of Computer Science and Engineering, former research fellow Dr Xiaofei Xie and PhD candidate Mr David Berend.


Tech update for convenience services: AI, contactless payments and cybercrime

#artificialintelligence

Every year, it gets harder to keep up with technology updates in convenience services. For many industry players, the pandemic put some projects on hold, but the surging interest in contactless transactions accelerated expansion of technology innovation. An early morning session, "Trending Technologies in Convenience Services," gave attendees a chance to unpack the key tech innovations at the National Automatic Merchandising Association show at Chicago's McCormick Place. "The pandemic has given us a lot of new terms, and it's also accelerated the digital transformation of the industry," session moderator Michael Kasavana, Ph.D., the NAMA endowed professor emeritus, observed at the outset. The well attended session provided updates on artificial intelligence services for convenience services, contactless payments and ways to prevent the growing cybercrime threat.


Why Some Instagram And Facebook Filters Can't Be Used In Texas After Lawsuit

International Business Times

Instagram and Facebook users in Texas lost access to certain augmented reality filters Wednesday, following a lawsuit accusing parent company Meta of violating privacy laws. In February, Texas Attorney General Ken Paxton revealed he would sue Meta for using facial recognition in filters to collect data for commercial purposes without consent. Paxton claimed Meta was "storing millions of biometric identifiers" that included voiceprints, retina or iris scans, and hand and face geometry. Although Meta argued it does not use facial recognition technology, it has disabled its AR filters and avatars on Facebook and Instagram amid the litigation. The AR effects featured on Facebook, Messenger, Messenger Kids, and Portal will also be shut down for Texas users.


Protecting payments in an era of deepfakes and advanced AI

#artificialintelligence

In the midst of unprecedented volumes of e-commerce since 2020, the number of digital payments made every day around the planet has exploded – hitting about $6.6 trillion in value last year, a 40 percent jump in two years. With all that money flowing through the world's payments rails, there's even more reason for cybercriminals to innovate ways to nab it. To help ensure payments security today requires advanced game theory skills to outthink and outmaneuver highly sophisticated criminal networks that are on track to steal up to $10.5 trillion in "booty" via cybersecurity damages, according to a recent Argus Research report. Payment processors around the globe are constantly playing against fraudsters and improving upon "their game" to protect customers' money. The target invariably moves, and scammers become ever more sophisticated.


Senior Engineering Manager, Machine Learning Platform

#artificialintelligence

We're the world's most trusted way to join the crypto revolution, serving more than 89 million accounts in more than 100 countries. Our mission is to increase economic freedom around the world, and we couldn't do this without hiring the best people. We're a group of hard-working overachievers who are deeply focused on building the future of finance and Web 3.0 for our users across the globe, whether they're trading, storing, staking or using crypto. Know those people who always lead the group project? There are a few things we look for across all hires we make at Coinbase, regardless of role or team.


AI for Cybersecurity Shimmers With Promise, but Challenges Abound

#artificialintelligence

Companies are quickly adopting cybersecurity products and systems that incorporate artificial intelligence (AI) and machine learning, but the technology comes with significant challenges, and it can't replace human analysts, experts say. In a Wakefield Research survey published this week, for example, almost half of IT security professionals (46%) said their AI-based systems create too many false positives to handle, 44% complained that critical events are not properly flagged, and 41% do not know what to do with AI outputs. In total, 89% of companies reported challenges with cybersecurity solutions that claimed to have AI capabilities. Not all AI-based projects are created equal, as some technology is more mature, says Gunter Ollmann, chief security officer at Devo, which sponsored the survey. "When they talk about rolling out AI for cybersecurity ... those are the projects that are commonly failing," he says.


Artificial intelligence in cybersecurity - Dataconomy

#artificialintelligence

Artificial intelligence in cybersecurity is a must-have combination for organizations nowadays. Artificial intelligence (AI) assists under-resourced security operations analysts in keeping pace with attacks, and this technology will have a greater role as cyberattacks increase in volume and complexity. AI technologies, such as machine learning and natural language processing that analyze millions of research papers, blogs, and news stories, provide rapid insights to cut through the noise of daily alerts. AI provides analysts with a method to connect the dots between threats. The enterprise attack surface continues to expand and get more complex.


How XDR provides protection against advanced exploits

ZDNet

Chris J. Preimesberger has been researching, reporting and analyzing IT news and trends since 1995, when as editor of an international newsletter, Sun's Hottest, he published an article defining a new protocol called Java. Damage caused by advanced exploits, such as Log4Shell and Spring4Shell, has been widely documented. These came out of nowhere and seemingly crippled many organizations. This happened despite record cybersecurity industry budgets that will clear $146B in 2022. This post from Palo Alto Networks highlights that, based on telemetry, the company observed more than 125 million hits that had the associated packet capture that triggered the signature.


'Right to be forgotten': Israel firm promises to purge digital footprint – Al-Monitor

#artificialintelligence

The company Mine, co-founded by Gal Ringel, Gal Golan and Kobi Nissan, says it uses artificial intelligence to show users where their information …


AI, ML, & Cybersecurity: Here's What FDA May Soon Be Asking

#artificialintelligence

FDA has released a number of documents that could help clarify its expectations for artificial intelligence, machine learning, and cybersecurity. These include Artificial Intelligence/Machine Learning (AI/ML)-Based Software as a Medical Device (SaMD) Action Plan, published in January 2021; Good Machine Learning Practice for Medical Device Development: Guiding Principles, published in October 2021; and the just-released draft guidance, Cybersecurity in Medical Devices: Quality System Considerations and Content of Premarket Submissions. The AI/ML action plan provides a "more tailored regulatory framework for AI/ML," explained Pavlovic. She referred to FDA's 2019 discussion paper, Proposed Regulatory Framework for Modifications to Artificial Intelligence/Machine Learning (AI/ML)-Based Software as a Medical Device (SaMD) - Discussion Paper and Request for Feedback, which laid out a "total product lifecycle approach to AI/ML regulations with the understanding that AI/ML products can be iterated much more efficiently and quickly than a typical medical device implant product or something that isn't software based." This is "because there is an opportunity to add additional data to training sets on which the products were originally formulated," she said.