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Generative AI Could Make Banks’ ‘Know Your Customer’ Effectively Useless

Know Your Customer or KYC is a mandate of federal law for the financial services community such a banks, brokers and fintech. Often companies use “ID images” to confirm a person is who they say they are. Even some cryptocurrency platforms rely on this. Viral posts on Reddit and other social media show how, using […]

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Security News for the Week Ending January 5, 2024

You Haven’t Migrated to WiFi 6 Yet? It is Already Obsolete. Here is WiFi 7 WiFi 7 or, officially, IEEE 802.11be is faster and more spectrum efficient that previous WiFi versions. WiFi 7, they say, is 3 times faster than either WiFi 5 or 6, which makes it useful for things like gaming apps. Of […]

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Operation HAECHI IV – Worth Talking About

I don’t usually blog about an individual hacker takedown but this one – it is worth talking about. Certainly not the end of hacking but a significant win for the federales. Last month Interpol talked about Operation HAECHI IV. It was a six month takedown effort that involved 34 countries and funding from South Korea. […]

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Security News for the Week Ending December 29, 2023

AI and the End of Privacy A couple of Stanford grad students have written an AI app that using a very small dataset (400,000 images) can detect your location. PIGEON, as the project is called, can predict the country of the image with 92 percent accuracy and provide location within 25 kilometers in 40 percent […]

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Security News for the Week Ending December 22, 2023

Low Code/No Code Apps Not A Security Nirvana Just because the computer is generating much of the code does not mean the software doesn’t have bugs or is secure. In fact, since many times non-developers are using the tools, the code may be less secure. Details at The Hacker News As If Twitter Doesn’t Have […]

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