Archive: August 30, 2019

1
Technology mightier than the Sword: US Military’s Secret Cyber Strike stifles Iranian Forces
2
AI (Adverse Inferences): AI Lending Models may show unconscious bias, according to Report.
3
Old-school thieving causes latest university data breach

Technology mightier than the Sword: US Military’s Secret Cyber Strike stifles Iranian Forces

By Cameron Abbott and Max Evans

Everyone knows the saying “the Pen is mightier than the sword”. The famous saying has been used for centuries to describe the ultimate power of words and communication over forms of violence. However, the rapid implementation and use of technology as a “combat” method doubts whether this saying is correct in a modern technological era, and begs the question as to whether technology is in fact mightier than the sword!

This dilemma is highlighted through the recent cyberstrike conducted by the United States. According to a Report by the Washington Post, in June of this year the Cyber Command of the US Military utilised a technology cyberstrike to target a significant Iranian database in the Persian Gulf. The relevant database was alleged to have been used by the IRGC, Iran’s elite paramilitary force, to damage oil takers and shipping traffic in the Persian Gulf. According to the Pentagon, the operation was in the works for weeks after Iran’s alleged attacks on two US tankers in the Gulf of Oman earlier in June, and following an attack by Iranian forces on an unmanned U.S. Surveillance drone hours earlier, the cyber-strike was immediately given the go-ahead.

Read More

AI (Adverse Inferences): AI Lending Models may show unconscious bias, according to Report.

By Cameron Abbott and Max Evans

We live in an era where the adoption and use of Artificial Intelligence (AI) is at the forefront of business advancement and social progression. Facial recognition technology software is used or is being piloted to be used across a variety of government sectors, whilst voice recognition assistants are becoming the norm both in personal and business contexts. However, as we have blogged previously on, the AI ‘bandwagon’ inherently comes with legitimate concerns.

This is no different in the banking world. The use of AI-based phishing detection applications has strengthened cybersecurity safeguards for financial institutions, whilst the use of “Robo-Advisers” and voice and language processors has facilitated efficiency by increasing the pace of transactions and reducing service times. However, this appears to sound too good to be true, as according to a Report by CIO Drive, algorithmic lending models may show an unconscious bias.

Read More

Old-school thieving causes latest university data breach

By Cameron Abbott and Alyssia Totham

Thirty years’ worth of student data from the University of Western Australia (UWA) has been stolen. Archaic and unconventional in the world of cyber security and data protection, this data breach resulted from the theft of laptops from the University. The number of laptops stolen and the number of students affected remains undisclosed by the University.

Read More

Copyright © 2019, K&L Gates LLP. All Rights Reserved.