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Are DeepFakes something to Worry About?

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Deepfakes are  computer generated images and footage of real people. I.e. a computer generated images or video from a program (or algorithm).  FireEye has a paper that discusses this phenomenon: https://www.fireeye.com/blog/threat-research/2020/08/repurposing-neural-networks-to-generate-synthetic-media-for-information-operations.html? Instead of talking theory and what happens once the cat is out of the bag, let’s give some good examples: https://www.wsj.com/articles/fraudsters-use-ai-to-mimic-ceos-voice-in-unusual-cybercrime-case-11567157402 “Criminals used artificial … Read more

Is Fraud On the Internet Hurting (Your) Business?

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There is a LexisNexis report: “2020 True cost of Fraud Study”   Here are the 6 basic tenets of the report:   More fraud attacks translated to higher costs for merchants A surge in online and mobile channel activity increased fraud Trying to distinguish between real customers and bots is difficult Covid-19 or the Wuhan … Read more

How Many Businesses ACTUALLY have Cybersecurity Problems?

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Yesterday’s story comes to mind as well as others recently that puts this issue back to the forefront. You know that when your company name is in the news for a Cybersecurity breach because your files are publicized by hackers your Cybersecurity practices have not been very effective. “The ransomware gang pinched files, including AutoCAD … Read more

More Stolen Data is For Sale on the Dark Web

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Most interesting information came to light recently, Dave.com said that 7.5 million users data was stolen. The entity that stole the data is called ShinyHunters and we are talking about the mobile banking entity of Dave.com which is an app that does some mobile banking, so it is a business wholly on the Internet. It … Read more

Should You be able to Invest in Chinese Stocks? If China Hacks our Computer Networks?

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On this Friday – for something slightly different on this website:   If China is hacking our computer networks as has been proven time and again – should people be allowed to buy Chinese  stocks on our Stock exchanges?   Since Chinese companies are partly directed by the Chinese Communist Party (CCP)due to all companies … Read more