Why Partnership Strategy, not Technology, drives Digital Transformation? Known from the 17th century (Blaise Pascal invoked it in his famous wager, which is contained in his Pensées, published in 1670), the idea of expected value is that, when faced with a number of actions, each of which could give rise to more than one possible outcome with different probabilities, the rational procedure is to identify all possible outcomes, determine their values (positive or negative) and the probabilities that will result from each course of action, and multiply the two to give an "expected value", or the average expectation for an outcome; the action to be chosen should be the one that gives rise to the highest total expected value. Decision theory (or the theory of choice) is closely related to the field of game theory and is an interdisciplinary topic, studied by economists, statisticians, psychologists, biologists, political and other social scientists, philosophers, and computer scientists. The need for decision under uncertainty has never been stronger. Although the digital realm is evolving fast, the partnership strategical choice remains a human prerogative and a key driver of the digital ecosystem evolution.
Developing robust and resilient machine learning models requires diversity in the teams working on the models as well as in the datasets used to train the models, says Diana Kelley of Microsoft. "If you don't understand the datasets that you are using properly, it's a potential to automate bias," she says. Kelley is the cybersecurity field chief technology officer for Microsoft and a cybersecurity architect, executive adviser and author. She leverages her more than 25 years of cyber risk and security experience to provide advice and guidance to CSOs, CIOs and CISOs at some of the world's largest companies. Previously, she was the global executive security adviser at IBM.
Visa has introduced a new suite of security services designed to protect merchants and users from the latest security threats, according to a release. The new features are meant to help stop and contain payment fraud and to protect the payments ecosystem. There will be no cost for Visa clients; the company said it is one of the many benefits available to Visa merchants and financial institutions. "Cybercriminals attempt to bypass traditional defenses by stealing credentials, harvesting data, obtaining privileged access and attacking trusted third-party supply chains," said RL Prasad, senior vice president of payments systems risk for Visa. "Visa's new payment security capabilities combine payment and cyber intelligence, insights and learnings from breach investigations, and law enforcement engagement to help financial institutions and merchants solve the most critical security challenges."
The rapid progress in artificial intelligence, smart devices, and smart cities promises to revolutionise the way we work, live, and connect. However, recent scandals surrounding the handling of user data have prompted a wave of privacy concerns. The smarter a city gets, the more it can keep tabs on our every move. Likewise, with connected home devices and digital assistants picking up our daily activities and queries, the potential for privacy breaches are endless. Europe's pioneering General Data Privacy Regulation (GDPR) is one of several attempts by governments to mitigate widespread shortfalls in customer data protection, for both companies and governments.
Over the past several years, commercial use of biometric data has become increasingly prevalent. In response, several states have adopted biometric data privacy legislation. Consequently, companies that rely on biometric data face new regulatory risks, in addition to increased legal exposure to individual and class action lawsuits. In fact, the Ninth Circuit Court of Appeals recently affirmed certification of a class action alleging Facebook's face-scanning practices violate Illinois' biometric privacy law, finding that the class alleged sufficiently concrete injuries based on Facebook's alleged use of facial recognition technology without users' consent to establish standing. Insurance policies currently available on the market, including cyber insurance policies, may not adequately cover these risks.
The cyber defense needs to be constantly adapted in order to keep up with the developing threats thanks to more sophisticated technology. Though many people may not be entirely familiar with machine learning and what it has to offer, it is already making an impact on their daily lives. Shaping the future to create a safer, more efficient world to come. Although the idea of machine learning is not exactly new, it's experienced its biggest level of growth in the past decade due to increased interest. So, what exactly is machine learning and how can it help cyber defense?
Manchester City have been cautioned against the introduction of facial recognition technology, which a civil rights group says would risk "normalising a mass surveillance tool". The reigning Premier League champions are considering introducing technology allowing fans to get into the Etihad Stadium more quickly by showing their faces instead of tickets, according to the Sunday Times. If someone is recognised as having bought a ticket, they would be ushered in by a green light, and if not they would be halted with a yellow one. Hannah Couchman, the policy and campaigns officer at Liberty, said: "This is a disturbing move by Manchester City, subjecting football fans to an intrusive scan, much like taking a fingerprint, just so they can go to the Saturday game. "It's alarming that fans will be sharing deeply sensitive personal information with a private company that boasts about collecting and sharing data on each person that walks through the gate, and using this to deny people entry.
Their lifeless eyes peer from building facades, lampposts and streetlight poles. They never sleep, never even blink. And now, enabled by advances in computing power and artificial intelligence, surveillance cameras can do more than just watch. They can recognize, and they can remember. The district attorney for Pennsylvania's second-most-populous county has assembled a network of advanced surveillance cameras in and around Pittsburgh and has enlisted colleagues in four surrounding counties to extend its reach into their jurisdictions.
Just the way the deficiency of vitamin and poor hygiene can make the human body fell seriously ill, the deficient access points and lack of hygiene in cyber environments can lead to cyberattacks in the hyper-connected workplaces. The likelihood of cyberattacks is increasing with continuous ballooning of the data feeding into the network. It's a sign, the organizations are living in the fear of becoming a victim of the cyberattacks and willing to spend big bundles on cybersecurity tools and services. According to IDC research, "The organizations will spend $101.6 billion on cybersecurity software, services, and hardware by 2020." The leading organizations are integrating the tens of security products in the environment, but yet, they afraid of being exposed and vulnerable.
Many airports hope to start using biometric scanners in lieu of passports to identify travelers. Buzz60's Tony Spitz has the details. The next time you go to the airport you might notice something different as part of the security process: A machine scanning your face to verify your identity. U.S. Customs and Border Protection (CBP) has been working with airlines to implement biometric face scanners in domestic airports to better streamline security. But how does the process work?