Beware of the new Xenomorph Android banking trojan variant.
Its Automatic Transfer System can initiate transactions, access balances, and even transfer funds – all without your knowledge.
Read:
A new variant of the Xenomorph Banking Trojan has been uncovered, targeting 35+ U.S. financial institutions.
FS-ISAC executive shares tips on operational resilience in the face of cyber threats. #cyberattacks
Preparing for the unexpected may be a contradiction in terms, but for financial firms it is essential for survival. The sector has long been a target for threat actors, given that this is where the world’s money is. And as the financial ecosystem becomes increasingly interconnected, threats to its security and resilience are rapidly evolving and increasing.
Operational resilience is not just about responding with agility to risks but also maintaining continuity of operations with minimal or — even better — no disruptions. So, whereas cybersecurity is about preventing and defending against cyberattacks, resilience focuses on sustaining operations despite attacks.
Recognizing the necessity of operational resilience, regulators are emphasizing the need to be prepared for unforeseen incidents. A prominent example is the EU’s Digital Operational Resilience Act (DORA), which provides a framework for the finance industry to detect, prevent, contain, and recover from attacks associated with information and communication technology (ICT).
“This isn’t a conspiracy theory. Listen to former Israeli officials such as Brig. Gen. Yitzhak Segev, who was the Israeli military governor in Gaza in the early 1980s. Segev later told a New York Times reporter that he had helped finance the Palestinian Islamist movement as a ” counterweight” to the secularists and leftists of the Palestine Liberation Organization and the Fatah party, led by Yasser Arafat (who himself referred to Hamas as ” a creature of Israel.”)
The Israeli government gave me a budget, the retired brigadier general confessed, and the military government gives to the mosques.
Hamas, to my great regret, is Israel’s creation, Avner Cohen, a former Israeli religious… More.
What do you know about Hamas?
In addition to reducing travel times, it could also offer picturesque views using see-through windows if the project is deemed feasible.
The plan first came to light in 2018 but is now being actively pursued as Dubai looks to stamp its authority on impressive constructions again, with Saudi Arabia also aiming for a piece of the pie.
Hxdyl/iStock.
The UAE is well known for its ambitious projects, such as the tallest skyscraper in the world and the iconic Palm Islands built off the coast of the city of Dubai. However, for the next ambitious project, it is willing to cross the Arabian Sea and connect the financial capital of India, Mumbai, with its port city of Fujairah.
Over the past few years, we have taken a gigantic leap forward in our decades-long quest to build intelligent machines: the advent of the large language model, or LLM.
This technology, based on research that tries to model the human brain, has led to a new field known as generative AI — software that can create plausible and sophisticated text, images and computer code at a level that mimics human ability.
Businesses around the world have begun to experiment with the new technology in the belief it could transform media, finance, law and professional services, as well as public services such as education. The LLM is underpinned by a scientific development known as the transformer model, made by Google researchers in 2017.
Likewise, the company behind an app that can recommend your next TV binge, movie to watch, podcast to stream or book to read, is out today with its own entertainment-focused AI companion, Pix. Built using a combination of Likewise’s own customer data and technology from partner OpenAI, Pix can make entertainment recommendations and answer other questions via text message or email, or by communicating with Pix within the Pix mobile app, website or even by speaking to Pix’s TV app using a voice remote.
Founded in 2017 by former Microsoft communications chief Larry Cohen with financial backing from Bill Gates, the recommendations startup aims to offer an easy way for people to discover new TV shows, movies, books, podcasts and more, as well as follow other users and make lists of their favorites to share. While today, recommendations are often baked into the streaming services or apps we use to play our entertainment content, Likewise maintains a registered user base of more than 6 million, and over 2 million monthly active users.
To build Pix, the company leveraged around 600 million consumer data points along with machine learning algorithms, as well as the natural language processing technology of OpenAI’s GPT 3.5 and 4. To work, the AI chatbot learns the preferences of the individual user and then provides them with personalized recommendations — similar to Likewise itself. In addition, the bot will reach out to users when new content becomes available that matches their interests.
Venture Investing To Catalyze The Next Generation Of Founder-Led, Longevity Biotech Companies — Dr. Alex Colville, Ph.D., Co-Founder and General Partner — age1.
Dr. Alex Colville, Ph.D. is Co-Founder and General Partner of age1 (https://age1.com/), a venture capital firm focused on catalyzing the next generation of founder-led, longevity biotech companies, with a strategy of building a community of visionaries advancing new therapeutics, tools, and technologies targeting aging and age-related diseases.
With a recent initial closing of US$35 million, age1 will be focusing on founders and companies at the earliest stages of first-money in, pre-seed and seed funding, and is resourced to continue to support companies through later rounds.
Last week, Unity rolled out a new look version of its controversial Runtime Fee in the wake of a seismic backlash from developers who felt the original policy represented an egregious act of betrayal for a myriad of reasons.
While plenty of fury was aimed at how the fee might impact developers’ finances, some of that anger stemmed from Unity’s inability to effectively communicate its new policy and provide clear answers to pertinent questions.
The dust is now supposedly settled, but here’s one more thing: why doesn’t Unity’s explanation for its shifting answers about the Runtime Fee in relation to subscription services hold up to scrutiny?
Meta CEO Mark Zuckerberg reveals the technology behind codec avatars, which create ultra-realistic VR faces.
Meta, formerly known as Facebook, has been struggling to convince the world that its vision of the metaverse is worth pursuing. The social media giant rebranded itself in October 2022, hoping to create a more immersive and interactive online experience for its users. However, the initial response was far from positive. Many people mocked the cartoonish and unrealistic avatars that Meta showcased in its demonstration video, which lasted for over an hour. Others questioned the need and feasibility of creating a virtual world that mimics real life.
Meta’s ambitious project also faced… More.
Credits: Lex Fridman/YouTube.
Meet AV1, the mini robot that goes to the zoo or school for sick children who can’t.
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