Gregory P. Bufithis
Founder/CEO
InfoTech Europe
9 November 2017 (Lisbon, Portugal) – The “remorseless” growth of cyber crime is leading to 4,000 ransom attacks a day and gangs’ technological capability now threatens critical parts of the financial sector, the head of Europol said this past week. Online criminals have become so sophisticated that gangs have created “conglomerations” with company structures that specialize in different criminal activities to carry out the attacks, Rob Wainwright, who leads the EU law enforcement agency, said:
“What really concerns me is the sophistication of the capability, which is becoming good enough to really threaten parts of our critical infrastructure, certainly in the financial, banking sector.
And while not all those 4,000 ransom attacks – which demand money to restore access to files that have been frozen or encrypted – are on banks, the financial services sector is seen as the key target because of the potential profits for the criminals. Even bank payment systems and ATM cash machines fall prey”.
Wainwright was speaking at the Web Summit technology conference here in Lisbon.
Originally
… Read more
By:
who has been tracking the case since it began in 2012)
16 October 2017 – The infamous MICROSOFT IRELAND data protection case is going to the U.S. Supreme Court: the clash between the demands of law enforcement and the companies’ desire to shield the information they collect to protect their customers’ privacy goes to the top table. And Federal prosecutors await the result: can they force technology companies to turn over data stored outside the United States?
A summary of the case
Just to be brief (five points from my longer brief on this subject):
8 July 2017 – Last week we attended a Google Research workshop in Zurich, Switzerland on Google’s quest to “end the language barrier” and a signifiant part of the program was devoted to non-English e-discovery document reviews. Two of the “Googlers” who work at Google’s e-discovery unit at Mountain View, CA were there.
As we have noted in past posts, we have come a long way toward making automated language translation easier, faster and more reliable, but a world of seamless and immediate translation is still out of our grasp.
But … it is getting better and better with Google, Facebook, IBM and Microsoft all devoting gobs of money to perfect instant, seamless translation, with Google, IBM and Microsoft creating special legal translation units. In the 1960s the first machine translation architectures were developed by IBM based on mathematical models.
The Google engineers had a simple premise: to translate one language into another, by finding the linear transformation that maps one to the other:
“We have developed a technique that automatically generates dictionaries and phrase tables that convert one