Singapore warns banks to prepare for quantum computing cyber threat

Singapore warns banks to prepare for quantum computing cyber threat

The Monetary Authority of Singapore has told the country’s financial institutions to make sure they are prepared for the rising cybersecurity risks posed by quantum computing. Experts predict that over the next decade cryptographically relevant quantum computers will start posing cybersecurity risks. These computers will break commonly-used asymmetric cryptography, while symmetric cryptography could require …

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Klarna rolls out autofill consumer verification data service

Klarna rolls out autofill consumer verification data service

Klarna has rolled out a new service for customer data sharing with merchants, enabling a smoother checkout process and personalised offers for users. On registration, the customer chooses what data they wish to share with the merchant, and sign-up to any membership or bonus programmes on offer. Merchants gain access to personal data with …

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Korea to invest heavily in R&D, AI, digital transformation

Korea to invest heavily in R&D, AI, digital transformation

ICT Minister Lee Jong-ho, left, speaks during a briefing about major projects the ministry will promote this year at the Government Complex in Seoul, Tuesday. Yonhap By Baek Byung-yeul The government will actively recruit overseas researchers specialized in quantum computing, AI and bio this year to make the country a global R&D hub. Additionally, it …

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Consumers lose money in Venmo, Zelle, PayPal app scams

Consumers lose money in Venmo, Zelle, PayPal app scams

Using Zelle, Cash App and Venmo apps? Here’s how to protect yourself. Mobile payment apps like Venmo, Zelle and PayPal are becoming more popular in today’s tech world, but they’re also becoming an target for scammers. Anastasiia Riddle, USA TODAY Consumers often view their money in the bank as being safe, but they’re increasingly losing …

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Why ChatGPT Won’t Kill Coders

Why ChatGPT Won’t Kill Coders

In Will ChatGPT Kill Coders?, we examined many demand suppressors that threatened to kill coders’ jobs. We also alluded to DEMAND STIMULANTS, which work as counterweights by boosting demand for coders. In this post, we will do a deep dive into Demand Stimulants. Comprising new computing paradigms and markets, demand stimulants not only arrest …

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47 Percent of Internet Traffic is From Bots — Security Today

47 Percent of Internet Traffic is From Bots — Security Today

Report: 47 Percent of Internet Traffic is From Bots Imperva Inc. recently released 2023 Imperva Bad Bot Report, a global analysis of automated bot traffic across the internet. In 2022, nearly half (47.4%) of all internet traffic came from bots, a 5.1% increase over the previous year. The proportion of human traffic (52.6%) decreased to …

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Coming of Age at the Dawn of the Social Internet

Coming of Age at the Dawn of the Social Internet

Like so many millennials, I entered the online world through AOL Instant Messenger. I created an account one unremarkable day in the late nineteen-nineties, sitting in the basement of my childhood home at our chunky white desktop computer, which connected to the Internet via a patchy dial-up modem. I picked a username, “Silk,” based on …

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A Case for Distributed Computing for LLMs in Fintech

A Case for Distributed Computing for LLMs in Fintech

Previous year i.e., 2023 has clearly been a standout year in terms of advancements in field of AI domain. Traditionally it’s always been felt that to get the most out of AI one need a strong investment in infrastructure and support. It’s never been as clear as last year due to the virtue of advent …

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Majority of districts now meet FCC’s school internet connectivity goal

Majority of districts now meet FCC’s school internet connectivity goal

Key points: Seventy-four percent of districts (9,573) across the country now have school internet connectivity at speeds that are sufficient to support digital learning in their classrooms every day–impacting 27.1 million students, an increase of over 5 million students since 2022. Do all students have access to the internet? The latest statistics come from Connected …

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PM optimistic despite digital wallet delay

PM optimistic despite digital wallet delay

PUBLISHED : 3 Jan 2024 at 05:08 Prime Minister Srettha Thavisin elaborates on the government’s digital wallet programme at Government House in November. (Photo: Chanat Katanyu) Prime Minister Srettha Thavisin remains confident that the economy will improve despite the delay in the 10,000-baht digital wallet handout scheme. “We have tried our best and will do …

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