Regulators Going After Crypto Firms A number of crypto firms have felt the sting of regulators recently. The most recent one is Genesis Global Trading. New York’s DFS fined them $8 million and required them to surrender their license for failure to comply with money laundering and other laws. Of course, a key purpose for […]
Continue reading → [DISPLAY_ACURAX_ICONS]Governments around the world, at best, tolerate encryption. If they thought they could outlaw it, they would. Public pronouncements that it is “about the children” or other fairy tales not withstanding, it is about them not being able to snoop at will. That is something that they have been able to do pretty freely until […]
Continue reading → [DISPLAY_ACURAX_ICONS]No big surprise here. Researchers have gotten full read and write access to Meta’s Bloom, Meta-Llama and Pythia large language models in a typical example of supply chain risk. If they had been hackers or a non-friendly nation, they could have poisoned the training data, stolen the models and datasets and other unfriendly things. AI […]
Continue reading → [DISPLAY_ACURAX_ICONS]Meta Launches Paid Facebook/Instagram Option in EU To satisfy EU privacy laws, Meta is going to offer an ad free paid version of Facebook and Instagram in the EU/EEA and Switzerland for (e ) 9.99 on the web and (e ) 12.99 for the apps since the have to give the app store 30 percent. […]
Continue reading → [DISPLAY_ACURAX_ICONS]Norway fined Meta for its targeted advertising practices and issued a temporary ban several months ago. Now Norway has gone to the European Data Protection Board (EDPB) and asked for the ban to be made permanent and EU/EEA wide. Since Facebook makes most of its money from targeted ads and untargeted ads fetch a dramatically […]
Continue reading → [DISPLAY_ACURAX_ICONS]Welcome 2023! Hopefully, it will be better for cybersecurity. Hopefully. More FTX Cybercrime The DoJ has launched yet another criminal probe in the bizarre FTX bankruptcy. This represents about $375 million out of the billions lost, but it looks like this theft took place right after the bankruptcy became public. Credit: MSN Slack Joins Okta […]
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