Tag: Security

AI

Navigating Cybersecurity and AI

Colin Henderson

Starting to think abut AI in context of Cybersecurity. Courtesy of Koat.ai Summary AI plays a dual role in cybersecurity, enhancing threat detection and response while also being exploited by cybercriminals. Businesses can leverage AI to automate tasks, provide real-time threat analysis, and enable scalable security measures. However, they must address data privacy, compliance, and bias concerns while ensuring ethical AI use. The Art of Staying Secure with AI Cybersecurity defends against digital attacks on systems, networks, and data. AI changes how these defences are deployed. By leveraging AI, businesses can automate processes and enhance threat detection. This synergy offers … Continue reading Navigating Cybersecurity and AI

AI

Evaluation of the Cyber AI Hub programme

Colin Henderson

Published 8 January 2025 Britain has multiple initiatives underway which serve to embed emerging and future technologies into the educational infrastructure. I subscribe to a weekly update and am frequently surprised. I am a believer in the importance of rapidly diffusing AI into the educational system which will brain faster improvements in systems and embed growth mindsets that will transfer the possible productivity benefits from AI into the mainstream. Here follows the full report in this weeks weekly update: Evaluation of the Cyber AI Hub programme 1. Introduction   In November 2023, The Department for Science, Innovation and Technology’s (DSIT’s) Cyber Security … Continue reading Evaluation of the Cyber AI Hub programme

AI

Biden Administration Outlines Government ‘Guardrails’ for A.I. Tools

Colin Henderson

A national security memorandum detailed how agencies should streamline operations with artificial intelligence safely. President Biden has released a series of documents that grapple with the challenges of using A.I. tools to speed up government operations.Credit…Haiyun Jiang for The New York Times By David E. Sanger Reporting from Washington Oct. 24, 2024Updated 4:44 p.m. ET President Biden on Thursday signed the first national security memorandum detailing how the Pentagon, the intelligence agencies and other national security institutions should use and protect artificial intelligence technology, putting “guardrails” on how such tools are employed in decisions varying from nuclear weapons to granting asylum. The … Continue reading Biden Administration Outlines Government ‘Guardrails’ for A.I. Tools

Progress

Global Tech Outage Grounds Flights and Hits Businesses.

Colin Henderson

At 4am this warning began to appear. crowdstrike performed a software update to Microsoft servers. The result of this terrible performance is worldwide interruptions to any Microsoft dependent company. Airlines in particular are hit as noted below. More to come but we have to ask why always Microsoft and Crowdstrike. Global Tech Outage Grounds Flights and Hits Businesses. Airlines, banks and broadcasters were among the companies around the world reporting disruptions, citing technical issues.Today, July 1904:00 – 05:00Home NYT Some details reported by NYT In other European cities, including Zurich, Paris and Berlin, hundreds of flights were delayed or canceled. … Continue reading Global Tech Outage Grounds Flights and Hits Businesses.

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ATM Fraud Review | European security agency

Colin Henderson

Here is a clear review of the current state of ATM fraud in Europe. It summarises the methods in some detail (refer below) as well as the overview of chip cards impact on fraud, and those countries that are not fully EMV compliant yet. EU agency ‘alarmed’ by rise in cash machine fraud | Finextra In April 2009, a 33-year-old Microsoft employee, who lives in New York City, stopped in the closest Chase bank to get some cash to pay his barber. When he inserted his ATM card in the machine, he noticed a bit of resistance. The screen said … Continue reading ATM Fraud Review | European security agency

Security

Indian Banks Adopt a Rule all Banks Need | security alterts

Colin Henderson

India adopts a new rule for Banks [ht Payments news] that should have been voluntarily adopted years ago by all banks everywhere. I have always been a proponent for online alerts, but it makes eminent sense to make "card not present" alerts mandatory. India’s Mandate re: Stronger Authentication for Card Not Present Use | Payments News The rules require India’s banks to support two basic capabilities: A system of providing for additional authentication/validation based on information not visible on the cards for all on-line card not present transactions (e.g., Verified by Visa or MasterCard SecureCode) A system that provides "Online … Continue reading Indian Banks Adopt a Rule all Banks Need | security alterts

Security4 Comments

A security hole every banker must read

Colin Henderson

Every banker and security expert must read this. The flow here is common knowledge to security experts already but it really drives home to users how they must be careful about how they approach their password strategies. The key here is to note how the interconnection takes place between, in this case, gmail and the secondary address, hotmail. The former can be secure yet through innovative ‘social enginering’ the second can open all sorts of doors. Worthwhile to take the time .. read through and think about your approach. The Anatomy Of The Twitter Attack | Techcrunch Unfortunately for Twitter, … Continue reading A security hole every banker must read

Security, Smart Cards5 Comments

6 years is too long for elimination of mag strip debit cards

Colin Henderson

We were just hit today with a case of fraud that affected my family personally, and it just validates my view that the security of our payments networks is a problem being swept under the carpet.  Every day, all banks contact thousands of customers to cancel their debit card because it was or may have been compromised.  This is a well kept secret, and has not made mainstream press yet. In our situation we actually were the card compromised, and I know enough about the card usage to narrow down the location of the compromise which is why this one … Continue reading 6 years is too long for elimination of mag strip debit cards