Lifeboat Foundation

Like its key allies, the UK is increasingly reliant on space-based assets for daily life in ordinary civil society and for the perfornance of its military forces. So, the Royal Air Force’s operating domain now extends from the ground to far beyond the atmosphere.

In a lockdown summer of downbeat aviation news, it is perhaps fitting that a highlight was a model aeroplane in a windtunnel. In turbulent times for aerospace, that aircraft is even named after a storm. But in showing some detail of the external shape of the Tempest future fighter, BAE Systems has also emphasised the UK’s determination to ride out the technological, financial and geopolitical hurricanes which are set to shape the national defence challenges of the next few decades.

Those late August images from BAE’s Warton, Lancashire test facility reveal an external profile designed for stealth at Mach 2, to carry a wide range of payloads and to cope with the internal heat from enough onboard electric power to anticipate exotic technologies like laser directed-energy weapons.

Security on the internet is a never-ending cat-and-mouse game. Security specialists constantly come up with new ways of protecting our treasured data, only for cyber criminals to devise new and crafty ways of undermining these defenses. Researchers at TU/e have now found evidence of a highly sophisticated Russian-based online marketplace that trades hundreds of thousands of very detailed user profiles. These personal ‘fingerprints’ allow criminals to circumvent state-of-the-art authentication systems, giving them access to valuable user information, such as credit card details.

Our online economy depends on usernames and passwords to make sure that the person buying stuff or transferring money on the internet, is really the person they are saying. However, this limited way of authentication has proven to be far from secure, as people tend to reuse their passwords across several services and websites. This has led to a massive and highly profitable illegal trade in user credentials: According to a recent estimate (from 2017) some 1.9 billion stolen identities were sold through underground markets in a year’s time.

It will come as no surprise that banks and other digital services have come up with more complex authentication systems, which rely not only on something the users know (their password), but also something they have (e.g. a token). This process, known as multi-factor authentication (MFA), severely limits the potential for cybercrime, but has drawbacks. Because it adds an extra step, many users don’t bother to register for it, which means that only a minority of people use it.

Machine learning (ML) is making incredible transformations in critical areas such as finance, healthcare, and defense, impacting nearly every aspect of our lives. Many businesses, eager to capitalize on advancements in ML, have not scrutinized the security of their ML systems. Today, along with MITRE, and contributions from 11 organizations including IBM, NVIDIA, Bosch, Microsoft is releasing the Adversarial ML Threat Matrix, an industry-focused open framework, to empower security analysts to detect, respond to, and remediate threats against ML systems.

During the last four years, Microsoft has seen a notable increase in attacks on commercial ML systems. Market reports are also bringing attention to this problem: Gartner’s Top 10 Strategic Technology Trends for 2020, published in October 2019, predicts that “Through 2022, 30% of all AI cyberattacks will leverage training-data poisoning, AI model theft, or adversarial samples to attack AI-powered systems.” Despite these compelling reasons to secure ML systems, Microsoft’s survey spanning 28 businesses found that most industry practitioners have yet to come to terms with adversarial machine learning. Twenty-five out of the 28 businesses indicated that they don’t have the right tools in place to secure their ML systems. What’s more, they are explicitly looking for guidance. We found that preparation is not just limited to smaller organizations. We spoke to Fortune 500 companies, governments, non-profits, and small and mid-sized organizations.

Our survey pointed to marked cognitive dissonance especially among security analysts who generally believe that risk to ML systems is a futuristic concern. This is a problem because cyber attacks on ML systems are now on the uptick. For instance, in 2020 we saw the first CVE for an ML component in a commercial system and SEI/CERT issued the first vuln note bringing to attention how many of the current ML systems can be subjected to arbitrary misclassification attacks assaulting the confidentiality, integrity, and availability of ML systems. The academic community has been sounding the alarm since 2004, and have routinely shown that ML systems, if not mindfully secured, can be compromised.

Just a matter of time.

In a new report, the International Energy Agency (IEA) says solar is now the cheapest form of electricity for utility companies to build. That’s thanks to risk-reducing financial policies around the world, the agency says, and it applies to locations with both the most favorable policies and the easiest access to financing. The report underlines how important these policies are to encouraging development of renewables and other environmentally forward technologies.

☀️ You love renewable energy. So do we. Let’s nerd out over it together.

Jointly issued by the Chinese Communist Party and the State Council on Sunday, the measures targeting the tech sector are an important part of Beijing’s 2020–2025 plan for the city, which include pilot reforms in areas from finance and energy to education and transport.

Beijing’s plan doubles down on hopes that Shenzhen will become a global leader in technology and finance and a showcase for Xi’s vision of an ideal Chinese society.

If the surge in digital finance is universal, the business models behind it are not. In Latin America look out for digital banks and e-commerce pioneers such as Nubank and MercadoLibre, owner of Mercado Pago. In South-East Asia Grab and Gojek, two ride-hailing services, are becoming “super-apps” with financial arms. Fintech firms now provide the majority of consumer loans in Sweden. In America credit-card firms such as Visa (the world’s most valuable financial firm), digital-finance giants such as PayPal (the sixth) and the big banks both co-operate and compete. Tech giants such as Apple and Alphabet are dipping their toes in, tempted by the financial industry’s $1.5trn global pool of profits.

A blockbuster listing shows how fintech is revolutionising finance.

In this brief, at times controversial— even radical—volume. Dr. Ian C. Hale guides us through likely scenarios and gives us life-saving recommendations for effectively dealing with the next waves of the COVID-19 pandemic. This is a must read for public policy makers, medical professionals, and those mapping out their financial future in the post-corona world.

DALLAS, Sept. 29, 2020 /PRNewswire/ — The National Math and Science Initiative has named veteran fundraiser Laure O’Neal as its first chief development officer, charging her and a restructured fundraising team with diversifying the organization’s funding sources.

NMSI was founded in 2007 with generous support from the ExxonMobil Foundation, Texas Instruments Foundation and other corporate and philanthropic organizations. It continues to receive financial support from those and other organizations and is expanding its fundraising to more quickly reach additional students, teachers and school systems across the country.

“Laure brings two decades of experience in connecting corporate, foundation and individual givers with academic institutions and other organizations that support individuals and communities,” said NMSI CEO Bernard A. Harris, Jr. “I’m excited about the energy and expertise Laure brings to secure new support to reach more communities with our programs.”

In a major strategy shift, Sberbank, the most popular Russian lender, wants to build its own ecosystem going far beyond the world of finance and to be known not just as a bank, but also as a tech company.

During its first major online event, which was held on Thursday, Sberbank – now rebranded as Sber – presented a range of services and gadgets signaling it wants to go deeper into the tech sector. For example, the bank presented a family of “emotional” virtual assistants, called ‘Salute’, which will be incorporated into all of Sberbank’s devices and mobile apps.

There are three assistants in the Salute family, called Sber, Joy, and Athena. Unlike Apple’s Siri or Amazon’s Alexa, the company is betting on the “emotional” features of the virtual assistants, as each has its own “temper,” allowing users to choose the one they find most suitable.