Banks lack transparency over their use of AI
Banks across North America and Europe are failing to publicly report on their approaches to responsible AI development, according to new research from Evident.
While AI is already used by banks for many critical processes, from authenticating customers to risk modeling, eight of the 23 largest banks in the US, Canada and Europe currently provide no public responsible AI principles.
Integrating security into the development process [Q&A]
Historically, security has been treated as something as an afterthought in the IT industry. In more recent years though there has been pressure to introduce 'security by design' to ensure that products are developed with best practices in mind.
We spoke to David Melamed CTO of Jit to find out about integrating security and how security tools can be used by developers not just security professionals.
Amplifying the effectiveness of Multi-Factor Authentication
In the early days of computing, authentication was simple, but the approach grew in sophistication over time. For example, modern password-based authentication systems like Kerberos don’t actually transmit passwords anymore; they generate an authentication token that is submitted instead.
But even with these enhancements, a username-and-password based approach to authentication still has a key weakness: if someone learns another user’s password, they are indistinguishable from the true user. And although Bill Gates predicted the death of the password nearly 20 years ago, they remain the default method of authentication for a range of services at work and home.
Microsoft releases emergency updates to address cropped screengrab privacy flaws
Following the discovery of serious vulnerabilities in the Snipping Tool app for Windows 11 and Snip & Sketch in Windows 10, Microsoft has released out-of-band updates to plug the security holes.
The flaws are similar to the recently discovered aCropalypse bug affecting Pixel mobiles, making it possible to "uncrop" cropped images and potentially expose sensitive information. Having briefly tested updates with Windows Insiders, Microsoft has now made fixes available to all Windows 10 and Windows 11 users.
Top 4 ways Artificial Intelligence can improve your security posture now
Ignore the hype: Artificial intelligence (AI) can improve your security posture now.
We’ve been waiting for AI to deliver benefits to cybersecurity for a long time. ChatGPT aside, AI has been a hot-and-cold topic for decades, with periods of overhyped promises interspersed with periods of cynical rejection after failure to deliver on all of those promises. No wonder plenty of security leaders are wary. Yet, despite the wariness, AI is helping to improve cybersecurity today and will increasingly provide substantial security benefits -- and challenges.
Microsoft is working on a new way for you to clean up the Windows 11 taskbar and system tray
Very much at the heart of Windows 11, the taskbar has been one of the most controversial and disappointing elements of Windows 11. One of the biggest complaints users have is that it cannot be moved from the bottom of the screen, but there are also many people who are unhappy that it is busy and overpopulated.
We recently learned that Microsoft is going to introduce a new option that will enable users to display seconds in the system tray clock, but now there is good news for anyone who craves a cleaner, more minimalist look.
Bridging the digital skills gap with new tech investment
According to the CBI, UK job vacancies are reaching record highs, currently at 147 percent of the February 2020 average. In those three years, an estimated half a million people of working age have left the UK labor market, and more than three-quarters of UK businesses say that access to labor is threatening UK competitiveness.
As well as the shrinking recruitment pool, there is also a shortage of people with the right skillset. In particular, the digital skills gap has been a long-standing problem for UK businesses. A survey conducted in Q4 2022 underscored that impact, with 81 percent of UK managing directors saying a lack of digital skills is negatively affecting their company.
The legal implications of digital money: What you need to know
Digital money, digital currency, most popularly known as cryptocurrency, has seen its rise to fame over recent years. Despite its popularity, many remain skeptical of cryptocurrency and its impact on society.
According to the World Economic Forum, cryptocurrency helps continue, stabilize, and substitute existing money. However, cryptocurrencies operate totally differently than legal tender, and the authorities are concerned about a non-existent monetary policy for this digital money. This article will discuss digital money, its impact, and all the legal implications of cryptocurrency transactions.
Data management gets more complex as IT infrastructure diversifies
IT infrastructure is increasingly diverse, with organizations struggling to integrate data management and control.
The latest Enterprise Cloud Index from Nutanix shows the majority of IT teams (60 percent) use more than one IT infrastructure -- a trend that's expected to intensify in the future -- but struggle with visibility of data across environments.
Best Windows apps this week
Five-hundred-and-thirty-five in a series. Welcome to this week's overview of the best apps, games and extensions released for Windows 10 and 11 on the Microsoft Store and elsewhere in the past seven days.
Microsoft changed the schedule for Windows update previews. Preview updates are now always released in the fourth week of a month.
Microsoft has hidden Cloud PC references in Windows 11 as a hint of future Windows 12 features
The Windows Insider program is one of the best places to gain access to the latest features and options, but there are sometimes some hidden gems that serves as signposts of what's to come. The latest Dev build is a good case in point.
References were spotted in Windows 11 build 23419 to Cloud PC thanks to the arrival of the settingshandlers_cloudpc.dll file. There are even entries in Settings that make it clear that Microsoft is betting big on Cloud PC, but it remains to be seen whether this ends up in Windows 11 or Windows 12.
How artificial intelligence is transforming banking [Q&A]
Banking is a key industry, playing a major role in the economy, historically though it's been one that's slow to adapt to technological advances.
That's starting to change though, partly down to the arrival of more agile fintech companies. We spoke to co-founder of Iterate.ai, Brian Sathianathan, to find out more about how AI and machine learning can help transform the banking sector.
CISA releases open source Untitled Goose Tool to detect malicious activity in Azure, Azure Active Directory and Microsoft 365 environments
The CISA has launched a new security tool designed to help protect various Microsoft cloud services. The open source Untitled Goose Tool is available for both Windows and macOS.
The utility was developed by the US Cybersecurity & Infrastructure Security Agency in conjunction with Sandia National Laboratories. The aim of the tool is to help to detect and respond to malicious activity in Microsoft Azure, Azure Active Directory (AAD) and Microsoft 365 (M365) environments.
Twitter says it is stripping all verified accounts of their 'legacy' blue ticks from April
With the chaos that has followed the arrival of Elon Musk at Twitter, it's often difficult to know which announcements to accept at face value, and which to take with a pinch of salt.
The latest announcement concerns the blue ticks used to signify verified accounts. The social platform has announced that "legacy" checkmarks (that is, those that have not been paid for) will be removed starting on April 1 -- April Fool's Day.
Microsoft fixes serious privacy vulnerability in Windows 11 Snipping Tool... but not for everyone
Earlier this week we learned about a worrying security and privacy flaw in Windows 11's Snipping Tool screen capture app. The way the software saves cropped screengrabs means that it is possible to "uncrop" images, potentially exposing sensitive information.
Acting quickly to address the problem, Microsoft has fixed the vulnerability with a new update. There is just one problem -- the update is not available to everyone, leaving unknown numbers of users at risk.
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