A report from the British Parliament's Digital, Culture, Media and Sport committee described Facebook as online "digital gangsters." After a monthslong study, the committee recommended extensive regulation and advised the government to investigate potential foreign influence in recent UK elections.
Baylor College of Medicine and Rice University computer scientist and medical statistician Genevera Allen cautions that artificial intelligence is being applied with excessive speed to analyze data in biomedical research.
Sidewalk Labs, an Alphabet company that is creating a smart city on the Toronto waterfront, is encountering blowback after reports surfaced that it wants a percentage of increased taxes and other revenue resulting from the project. Sidewalk Labs CEO Daniel Doctoroff said the company is going to be "spending a lot of money in advancing the infrastructure," and "we only want to get paid back a reasonable return for our investment in that infrastructure."
Greater technology use, strong adoption of the internet of things and cyberregulation expansion are three of the eight major risks that businesses face this year, states Aon's 2019 Cyber Security Risk Report. Companies need to better share data and collaborate with each other on cyberthreats, says Aon Cyber Solutions CEO J. Hogg.
Australian Prime Minister Scott Morrison said that foreign agents were responsible for a cyberattack this month that infiltrated parliament's computers but failed to obtain critical information. "Our cyberexperts believe that a sophisticated state actor is responsible for this malicious activity," Morrison said of the attack, one of a number of attempted hacks into government computer systems worldwide.
The subject of cyberattacks is "a necessary evil" for advisers to address, as an attack can cost a firm hundreds of thousands of dollars or its whole operation, said certified public accountant and personal financial specialist Joel Bruckenstein. Using data-sharing options such as cleverDome could transform the industry, he said.
With cyberattacks evolving into more sophisticated ventures, businesses need to adapt to new ways that adversaries are infiltrating computer systems, says Josh Zelonis, senior analyst at Forrester. A form of ransomware called cryptojacking, attacks on internet of things devices, geopolitical risks spun from new regulations, cross-site scripting and mobile malware are all poised to become serious threats this year.
During a Senate Energy and Natural Resources Committee hearing last week, Sens. Angus King, I-Maine, and Martha McSally, R-Ariz., raised questions about how the US electric and gas grids are being protected against Russian interference, a concern McSally said was raised almost 20 years ago. News reports have asserted that Russia has already accessed the US power grid, but James Robb, president and CEO of North American Electric Reliability Corp., declined to comment on the reports.
US businesses and government agencies are experiencing increased cyberattacks by Iranian hackers, while China is focusing on the theft of US military and trade secrets, experts say. The Iranian hackers' attacks affected dozens of companies and led to a Department of Homeland Security emergency order during the government's recent partial shutdown.
A hacker using the name Gnosticplayers has published a third round of hacked databases on the darknet marketplace Dream Market. The latest hack put up for sale eight databases containing data for 92.76 million users, including GfyCat.