Methbot: a $3M-$5M/day video ad-tech fraud / Boing Boing
“”Methbot” that generated $3M-$5M by creating 6,000 fake websites to embed videos in, then generating convincing bots that that appeared to watch 300,000,000 videos/day — running virtual instances of various browsers (mostly Chrome) on virtual machines running MacOS X, from a huge pool of IP addresses”
Discrimination by algorithm: scientists devise test to detect AI bias | Technology | The Guardian
“Concerns have been growing about AI’s so-called “white guy problem” and now scientists have devised a way to test whether an algorithm is introducing gender or racial biases into decision-making.”
World’s largest hedge fund to replace managers with artificial intelligence | Technology | The Guardian
“Automated decision-making is appealing to businesses as it can save time and eliminate human emotional volatility.
“People have a bad day and it then colors their perception of the world and they make different decisions. In a hedge fund that’s a big deal,” he added.”
How India is bringing digital payments to its billion people without smartphones
“IDFC Bank has launched an app called Aadhaar Pay that aims to help millions of its citizens without a smartphone to pay for their purchases digitally with just their fingerprint.
Merchants will be able to download the app on their Android smartphones and attach a fingerprint scanner device. To make payments, buyers will only have to choose their bank name, input their unique Aadhaar number and scan their fingerprint, which acts as a password to make the payment directly from their bank account linked to their Aadhaar card.”
17 ransomware cases flagged to Singapore authorities this year: CSA – Channel NewsAsia
“That is when the alarm bells went off for Mr Ang. “I saw that there was a text file inside the encrypted folder that showed that it was ransomware, asking for payment to decrypt the files.”
The company decided not to pay the ransom of US$1,000 (S$1,447). Instead, it spent a week rebuilding about 3,000 infected files with data of the accounts and stocks from hard copy files.”
Tesla autopilot warns of accident about to happen to the cars in front / Boing Boing
“The Tesla Autopilot system registered that the SUV in front of the lead car was braking hard and the system recognized this as a major danger.”
Posted from Diigo. The rest of ITGSonline group favorite links are here.