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Big-Name Targets Push Midnight Blizzard Hacking Spree Back Into the Limelight

WIRED

Microsoft and Hewlett-Packard Enterprise (HPE) both recently disclosed that they suffered corporate email breaches at the hands of Russia's "Midnight Blizzard" hackers. The group, which is tied to the Kremlin's SVR foreign intelligence, is specifically linked to SVR's APT 29 Cozy Bear, the gang that meddled in the United States 2016 presidential election, has conducted aggressive government and corporate espionage around the world for years, and was behind the infamous 2021 SolarWinds supply chain attack. While both HP and Microsoft's breaches came to light within days of each other, the situation mainly illustrates the ongoing reality of Midnight Blizzard's international espionage activities and the lengths it will go to to find weaknesses in organizations' digital defenses. "We shouldn't be surprised that Russian intelligence-backed threat actors, and SVR in particular, are targeting tech companies like Microsoft and HPE. With organizations that size, it would be a much bigger surprise to learn they weren't," says Jake Williams, a former US National Security Agency hacker and current faculty member at the Institute for Applied Network Security.


Pushing Buttons: How indie games stole the limelight at UK gaming's biggest awards

The Guardian

Welcome to Pushing Buttons, the Guardian's gaming newsletter. If you'd like to receive it in your inbox every week, just pop your email in below โ€“ and check your inbox (and spam) for the confirmation email. I spent the latter half of last week in London for the Bafta Games Awards โ€“ a ceremony whose existence still seems to surprise people, despite the fact that they've been running in some form for 18 years. I suppose it doesn't help that the institution is literally called the British Academy of Film and Television Arts, but video games are a big deal at the UK's prestigious arts organisation, more so now than ever. It's never been a paid thing, though I have eaten a shameful number of cocktail sausages during jury deliberations.)


5 Common Myths About Artificial Intelligence That Aren't True

#artificialintelligence

The need to increase our daily productivity has resulted in the creation and evolution of artificial intelligence. And like any major technology, there are misconceptions about it that need to be set right. Regardless of how you feel about AI, it's here to stay, and we'll likely rely on it more and more as time goes on. Let's take a look at some myths you should stop believing. Artificial intelligence (AI) is simply an imitation of human intelligence in machines.


Hedge funds' "star traders" to be booted out of limelight in favour of AI

#artificialintelligence

The hedge fund industry is at an "inflection point", according to titans in the sector, which could see the idea of "star managers" take a back seat to artificial intelligence (AI) and data-driven strategies. Efficiency in markets and the wider availability of financial data has helped make it harder for hedge funds to produce returns beyond a benchmark, a new report from Aberdeen Standard Investments and trade body the Alternative Investment Managers Association (Aima) has found. As hedge funds are driven towards more quantitative techniques of investing, based on the use of algorithms and computer programming to make investment decisions, the report found that key figures at some of the world's largest hedge funds will be increasingly relying on AI and data. "There's an arms race around how asset management firms collect data and how they slice and dice it," said Blackstone's vice chair Tom Hill. But machines can take things only so far.


We need to shift the conversation around AI before Elon Musk dooms us all

#artificialintelligence

Elon Musk and Mark Zuckerberg are playing clash of the tech titans with their views on AI. It's a battle being played out in hyperbole-driven headlines and clickbait-optimized soundbites, and it's currently unclear who, if anyone, will win. Unfortunately, all this buzz doesn't do much more than sensationalize the issue and polarize the public's perception of artificial intelligence. Instead of facilitating earnest dialog concerning the power, purpose, and potential perils of AI, they are using our social feeds to run self-interested marketing strategies that benefit themselves and the companies they run, while causing further confusion and uneducated speculation in their wake. Musk's stance that AI will ruin the world is not about furthering legitimate dialogue around AI. It's about monopolizing the limelight with apocalyptic stories while distracting and slowing down his opponents in the biggest technical arms race of the century.


60-year-old robot steps back into limelight

AITopics Original Links

He looks like a supporting character from classic comic strip Dan Dare, but there's nothing fictional about George the Robot. George was built in 1950 and is one of the first humanoid robots ever made. After 45 years powered down in a garden shed--how British--George is back online. George was created over the course of three weeks by former Royal Air Force officer Tony Sale, now 79. Having refined the design in four previous versions made of Meccano and cardboard, the then 19-year-old Sale built George in from aluminum and duralumin from a crashed Wellington bomber.


Analyst's Recommendations in Limelight: Accenture Plc (NYSE:ACN)

#artificialintelligence

Accenture Plc (NYSE:ACN) has grabbed the attention from analysts, when it saw a value decrease of -0.79 percent in the last trading session. A total of 1.80 million shares exchanged hands during the intra-day trade compared with its average trading volume of 2.20 million shares. When taking a look at recommendations from analysts, investors can use the average brokerage recommendation score to determine the consensus take on a stock. The ABR is the calculated average of the actual recommendations (strong buy, hold, sell etc) made by the brokerage firms for a given stock. The ABR rank is displayed in the range of 1 to 5 where 1 represents a Strong Buy and 5 a Strong Sell.