The BoE and City regulator the Financial Conduct Authority will aim to ensure the four main providers of cloud and tech services to banks are resilient and actively reducing the risk of cyber attack. The BoE and City regulator the Financial Conduct Authority will aim to ensure the four main providers of cloud and tech services to banks are resilient and actively reducing the risk of cyber attack. Direct oversight of'critical third parties' such as Oracle and Microsoft given to ensure resilient cyber-defences and help safeguard UK economy The Bank of England has been handed powers to regulate important tech firms including Amazon and Google from next week, amid fears that system failures could threaten financial stability and harm consumers. From Monday, the Bank and fellow City regulator the Financial Conduct Authority (FCA) will be in charge of ensuring that four large-scale providers of cloud and tech services to banks are resilient and actively reducing the risk of cyber-attacks and major outages that could disrupt services for millions of people and businesses across the UK. This will mean having "direct" oversight of local arms of Amazon Web Services, Google Cloud, Oracle and Microsoft, all of which have been identified as "critical third parties" by the UK government, according to an announcement on Friday.

Market microstructure has long classified trading activity by its informational role: an informed trader demands liquidity by trading in the direction of private information, while a market maker supplies liquidity by absorbing that order flow and earning the spread in compensation Kyle (1985); Glosten and Milgrom (1985). This classification is typically recovered from the data the classifier requires: signed order flow, quote revisions, or the sequential-trade structure of the market. The classification is harder to apply to an algorithmic strategy whose internal logic is unobservable. However, the signals or optimization problems generating the decisions of a typical quantitative fund are not visible, even though the trades and reported positions may be available. This paper shows that the liquidity role of such a strategy (consumer or provider) can be recovered from realized portfolio costs and trade decisions alone, without observing quotes, order flow, or any other microstructure-specific signal.

This material may not be published, broadcast, rewritten, or redistributed. Quotes displayed in real-time or delayed by at least 15 minutes. Market data provided by Factset . Powered and implemented by FactSet Digital Solutions . Mutual Fund and ETF data provided by LSEG . China's brain chip breakthrough raises big questions Should you change your phone number after a hack?

Finetuning large language models (LLMs) enables user-specific customization but introduces important safety risks: even a few harmful examples can compromise safety alignment. A common mitigation strategy is to update the model more strongly on examples deemed safe, while downweighting or excluding those flagged as unsafe. However, because safety context can shift within a single example, updating the model equally on both harmful and harmless parts of a response is suboptimal -- an atomic treatment we term static safety shaping. In contrast, we propose dynamic safety shaping (DSS), a dynamic shaping framework that uses fine-grained safety signals to reinforce learning from safe segments of a response while suppressing unsafe content. To enable such fine-grained control during finetuning, we introduce a key insight: guardrail models, traditionally used for filtering, can be repurposed to evaluate partial responses, tracking how safety risk evolves throughout the response, segment by segment. This leads to the Safety Trajectory Assessment of Response (STAR), a token-level signal that enables shaping to operate dynamically over the training sequence. Building on this, we present DSS, a DSS method guided by STAR scores that robustly mitigates finetuning risks and delivers substantial safety improvements across diverse threats, datasets, and model families, all without compromising capability on intended tasks. We encourage future safety research to build on dynamic shaping principles for stronger mitigation against evolving finetuning risks.

Measuring progress is fundamental to the advancement of any scientific field. As benchmarks play an increasingly central role, they also become more susceptible to distortion. Chatbot Arena has emerged as the go-to leaderboard for ranking the most capable AI systems. Yet, in this work we identify systematic issues that have skewed the competitive landscape. Specifically, undisclosed private testing practices benefit a handful of providers who are able to test multiple variants before public release and selectively retract scores.

Institutions with limited data and computing resources often outsource model training to third-party providers in a semi-honest setting, assuming adherence to prescribed training protocols with pre-defined learning paradigm (e.g., supervised or semi-supervised learning). However, this practice can introduce severe security risks, as adversaries may poison the training data to embed backdoors into the resulting model. Existing detection approaches predominantly rely on statistical analyses, which often fail to maintain universally accurate detection accuracy across different learning paradigms. To address this challenge, we propose a unified backdoor detection framework in the semi-honest setting that exploits cross-examination of model inconsistencies between two independent service providers. Specifically, we integrate central kernel alignment to enable robust feature similarity measurements across different model architectures and learning paradigms, thereby facilitating precise recovery and identification of backdoor triggers. We further introduce backdoor fine-tuning sensitivity analysis to distinguish backdoor triggers from adversarial perturbations, substantially reducing false positives. Extensive experiments demonstrate that our method achieves superior detection performance, improving accuracy by 4.4%, 1.7%, and 10.6% over SoTA baselines across supervised, self-supervised, and autoregressive learning tasks, respectively. Notably, it is the first to effectively detect backdoors in multimodal large language models, further highlighting its broad applicability and advancing secure deep learning.

Invisible Image Watermarking is crucial for ensuring content provenance and accountability in generative AI. While Gen-AI providers are increasingly integrating invisible watermarking systems, the robustness of these schemes against forgery attacks remains poorly characterized. This is critical, as forging traceable watermarks onto illicit content leads to false attribution, potentially harming the reputation and legal standing of Gen-AI service providers who are not responsible for the content. In this work, we propose WMCopier, an effective watermark forgery attack that operates without requiring any prior knowledge of or access to the target watermarking algorithm.

Measuring progress is fundamental to the advancement of any scientific field. As benchmarks play an increasingly central role, they also grow more susceptible to distortion.Chatbot Arena has emerged as the go-to leaderboard for ranking the most capable AI systems. Yet, in this work we identify systematic issues that have resulted in a distorted playing field. We find that undisclosed private testing practices benefit a handful of providers who are able to test multiple variants before public release and retract scores if desired. We establish that the ability of these providers to choose the best score leads to biased Arena scores due to selective disclosure of performance results.

PCWorld highlights strategies to reduce cable bills without canceling service, including using provider streaming apps and negotiating better rates. Cable companies like Comcast, Spectrum, and DirecTV offer free streaming apps that can save $7-15 monthly per TV by eliminating set-top box rentals. Threatening to cancel service often unlocks significant discounts, while bundled streaming services through providers offer additional savings opportunities.

Pillay is an editorial fellow at TIME. America's healthcare system is notoriously reactive. Could AI shift it from a system that treats illness to one that prevents it? The question framed a panel discussion at the inaugural TIME100 AI Leadership Forum on May 27, which featured Dr. Omar Lateef, the president and CEO of Rush University System for Health; Arianna Huffington, the founder and CEO of Thrive Global; and Neil Lindsay, senior vice president of Amazon Health Services (Amazon One Medical, an Amazon health service, was an event sponsor). The conversation was moderated by TIME senior health correspondent Alice Park.