Ryan Permeh, Founder and Chief Scientist of Cylance, examines the redemptive role of artificial intelligence (AI) in a beleaguered cybersecurity industry. AI can address the security personnel shortage and outpace rising malware attacks – but like any tool it must be used properly. Only great AI delivers great results.
There is a lot of angst in some quarters about whether artificial intelligence will end Life As We Know It, be put to harmful uses by the "bad guys," or foster algorithmic discrimination. AI advocates worry that this concern will have a chilling effect on the research, adoption, and monetization of AI. Google is trying to get ahead of the conversation before that happens. Last week the company responded to an internal employee backlash against a small Pentagon AI contract to program bomb-targeting drones. Even though the project was tiny ($9 million out of Google's $110 billion revenue), employees objected to their work being used to potentially harm people.
The advent of artificial intelligence (AI) brought with it a new set of attacks using adversarial AI, and this influx suggests the answer is likely machine. With each innovation in technology comes the reality that attackers who study the security tools will find ways to exploit it. AI can make a phone number look like it's coming from your home area code -- and trick your firewall like a machine learning Trojan horse. How can organizations fight an unknown enemy that's not even human? When cybersecurity company ZeroFOX asked if humans or machines were better hackers back in 2016, they took to Twitter with an automated E2E spear phishing attack.
IBM is deploying sophisticated technology under its Watson Financial Services brand to improve risk management across financial firms. The initiative has several components, said Michael Curry, vice president of engineering for Watson Financial Services at IBM. "One piece is more focused on financial risk -- market, credit and liquidity risk that are associated with portfolios. The Armanta acquisition we announced a few months ago sits in portfolio management but we are applying it in other places too. "The second piece would be more operational risk, and there you have two components. One is some of the areas of financial crimes and fraud where we have our Financial Crimes Insight Engine, a platform for finding patterns of fraud and market abuse.
With each passing year, our sector continues to demonstrate its evolving approach to fighting cyber threats, as cyber crime itself continues to evolve. As both business and government move forward with digital transformation initiatives to improve processes and efficiency, the overall security attack surface continues to expand with more potential points of access for criminals to exploit. However, our industry is tackling these challenges head-on, with numerous innovative solutions continuing to come to market. So, what have been the key trends of 2018 thus far? From attending trade shows, to speaking to customers, partners, analysts and the media, several examples have come to the forefront.
The artificial intelligence (AI) revolution is coming, but most workers are not afraid that it will lead to job losses, according to a Monday report from HPE and Aruba. Some 71% of employees said they would welcome a fully-automated workplace, as it would allow organizations to build smarter, more effective working environments. "While automation is often discussed in terms of what it might do in the medium to long-term future, our research is a reminder that there are tangible benefits to be unlocked through the automation of equipment and the office environment today," the report stated. "It found both that the vast majority of employees are enthusiastic about this prospect, and that they are willing to make trade-offs such as personal data for personalized tools." Employees also expressed enthusiasm for other digital workplace technologies: 71% of employees said that biometric data should replace passwords, the report found.
Experts believe that technologies like Artificial Intelligence, Blockchain, Internet of things, Cloud Computing, Cloud Robotics, Automation, Biometrics and Quantum Mechanics would change how we tackle our daily chores and services. Let's take a closer look at these advanced technologies that could shape the Fintech Scenario of remote villager's life. Knowing the fact that the unbanked population could also be uneducated and could only converse in the local language, the agent banking has been flourishing. But how about an AI-based app that could help you provide answers to all your banking needs via voice? Simple queries like – What's my savings account balance or Transfer funds to my kid school account would not only help rural people use the banking services but would also make human involvement redundant.
Fortanix Inc., the leader in Runtime Encryption, today announced it has extended the capabilities of the industry's first and only Runtime Encryption Platform to secure Python- and R-based applications that have widespread use in the data science community. As a result, developers and data scientists can now train artificial intelligence (AI) and machine learning (ML) algorithms leveraging sensitive data as inputs without compromising on the confidentiality of the data. Fortanix Runtime Encryption, leveraging Intel Software Guard Extensions Intel SGX, enables secure exchange of data for the necessary training of machine learning models, as well as its secure execution inside SGX enclaves. Some of the most transformative benefits of AI can come from its application to industries such as healthcare, automotive and financial services, but one of its inhibitive factors has been lack of strong controls to protect personal sensitive and private datasets that are necessary inputs to train the models. Runtime Encryption provides a security framework to ensure that the sensitive data remains confidential even when in use.
Today, New America and the Ethics and Governance of Artificial Intelligence Initiative (AI Initiative), a project of MIT's Media Lab and Harvard University's Berkman Klein Center, formed a new partnership to strengthen international understanding of Chinese artificial intelligence policies and developments. The AI Initiative will contribute $250,000 to support the work of New America's DigiChina project, a collaborative effort to translate, analyze, and contextualize Chinese digital policy developments. DigiChina, which published its first work in July 2017, emerged organically from a group of scholars and analysts on technology in China and has so far published translations and analysis by 12 scholars from 10 different organizations. In 2017, DigiChina published the first complete English-language translation of China's New Generation Artificial Intelligence Development Plan, which lays out ambitions for AI development and policy stretching to 2030. See below for links to other work so far on AI-related issues.
Apart from brief exchanges to ask about the weather or play your favorite song, you might pay little mind to the humble smart assistant sitting upon your counter top – but every once in a while, they've been known to act inexplicably creepy. In the latest case, a 30-year-old man from San Francisco claims his Amazon Echo blurted out a chilling message, totally unprovoked: 'Every time I close my eyes all I see is people dying.' The statement was followed by'the most uncomfortable silence I have ever felt,' Shawn Kinnear told Metro US – and when asked to repeat what she'd said, Alexa replied that she did not understand. It's unclear what caused the haunting outburst, but for Kinnear, it's enough to consider unplugging the rogue Echo. A 30-year-old man from San Francisco claims his Amazon Echo blurted out a chilling message, totally unprovoked: 'Every time I close my eyes all I see is people dying.' File photo'Alexa was in the living room.