No10: We can’t rule out AI posing ‘existential threat’ to humanity Politics No10 says it is unable to rule out artificial intelligence (AI) posing an “existential threat” to humanity.
Department for health makes £134m claim over Novacyt Covid testing contract COVID CONTRACT Biotech firm Novacyt’s share price has plunged after the health department has issued a claim for £134.6m for one of its contracts. The Anglo-French company issued an update on a dispute with the department for health and social care (DHSC) on Tuesday. Shares fell around 15 per cent on Tuesday morning after Novacyt said it [...]
GDPR is one year old, but has the EU’s data protection regulations helped business or eroded trust? Saturday marks the first anniversary of the European Union’s General Data Protection Regulation (GDPR) finally coming into force. GDPR was heavily hyped up, with many hoping – or fearing – that it would fundamentally change not only how companies handle people’s data, but also how consumers view their online interactions with businesses. Anyone with an [...]
Face off: iProov’s facial verification system can keep your online identity safe and protect your bank account May 16, 2019 Cyber security can feel like an intractable problem. Every day there seem to be new stories about hacking, scams, and financial fraud that target our reliance on digital tools and use them against us. Just this week, we had news of a spyware attack on Whatsapp. And while cyber attacks are becoming more sophisticated, our [...]
HMRC forced to delete 5m voice recordings after breaching privacy rules May 3, 2019 HM Revenue and Customs (HMRC) has been forced into deleting the voice records of five million taxpayers after it was revealed that they were collected without proper consent and in breach of privacy rules. The government body had signed people up to its voice ID system for telephone enquiries in a bid to speed up [...]
HMRC forced to delete 5m voice recordings after breaching privacy rules May 3, 2019 HM Revenue and Customs (HMRC) has been forced into deleting the voice records of five million taxpayers after it was revealed that they were collected without proper consent and in breach of privacy rules. The government body had signed people up to its voice ID system for telephone enquiries in a bid to speed up [...]
Humans aren’t just a mess of words and numbers – so why are our passwords? April 23, 2019 Protecting your identity used to be straightforward. You had your computer on your desk in front of you. Content was restricted to you alone, and all you needed was a key card and a one-time password. Then 30 years ago, the World Wide Web was born, and everything became a lot more complex. Since then, the [...]
DEBATE: As RBS trials a fingerprint bank card, is biometric technology the future for digital payments? March 14, 2019 As RBS trials a fingerprint bank card, is biometric technology the future for digital payments? YES, says Ann Cairns, vice chairman of Mastercard. As we shift towards using digital services, and the need to protect our data becomes ever more critical, the use of passwords is woefully outdated. Many people simply have more passwords than [...]
Microsoft chief Satya Nadella calls for facial recognition regulation as Bing gets switched back on in China January 24, 2019 The boss of software giant Microsoft has said facial recognition technology needs to be regulated, as the company weathers another storm in China. Speaking at the World Economic Forum in Davos, Switzerland, chief executive Satya Nadella said that self-regulation when it comes to facial recognition may not be enough as the technology grows more popular. [...]
Alternative finance lender Oakam is trying to help the unbanked November 30, 2018 Payday loan companies get a bad rap. And it’s easy to see why, considering the predatory businesses practices and extortionate interest rates charged by lenders like Wonga, which collapsed into administration this year. High-interest, short-term loans were back in the news this week, with the announcement that the fintech startup Monzo is considering offering such [...]