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IBM Security launches open-source AI

IBM Security unveiled an open-source toolkit at RSA 2018 that will allow the cyber community to test their AI-based security defenses against a strong and complex opponent in order to help build resilience and dependability into their systems. The toolkit, called the Adversarial Robustness Toolbox, goes beyond the usual collection of attacks used to test an AI's ability, Sridhar Muppidi, IBM … [Read more...]

Looking to reduce GDPR liability, Facebook ports 1.5B non-U.S. users to domestic HQ

In an effort to reduce its liability under Europe's General Data Protection Regulation (GDPR) set to take effect in May, Facebook has transferred responsibility for more than 1.5 billion users in Latin America, Asia, Africa and Australia from its Ireland-based headquarters to its domestic headquarters in California. ''We apply the same privacy protections everywhere....the company said in … [Read more...]

Companies More Concerned With Private Data Loss Than With Hackers

With network security top of mind, businesses are nearly two times more concerned with losing private data (47 percent ) than hackers disrupting their systems (26 percent), according to the 2016 Network Security and Data Privacy Study, by Wells Fargo Insurance. Misuse of technology among employees also emerged as a new, growing threat (seven percent), while network viruses and disruption of … [Read more...]

Pompeo will put resources into cyber at State Dept., agency warns employees of uptick in hacking attempts

On the same day the State Department warned employees about an uptick in hackers' efforts to target them, CIA Director Mike Pompeo told lawmakers Thursday he would “put a great deal of resources” into cybersecurity if he nabbed the Secretary of State slot. “I can only say that, every element of government has a piece of its cyber duty. It's one of the challenges that it's so ...Pompeo said … [Read more...]

GDPR and the End of the Internet’s Grand Bargain

In May the European Union’s General Data Protection Regulation goes into effect, two years after passage by the European Parliament. This radical new privacy law, which covers any business that processes information about EU residents, will dramatically affect the way data is collected, stored, and used, including for U.S. companies doing business abroad. In the U.S., lawmakers are now circling … [Read more...]

Research: CEOs with Diverse Networks Create Higher Firm Value

Leaders today hear a lot about the importance of having good networks. For example, firms with better-connected CEOs can obtain cheaper financing, and firms with well-connected board directors see better performance. We wanted to explore whether the diversity of CEOs’ networks might affect their firms. Our study, published in the Journal of Corporate Finance, found that CEOs with strong … [Read more...]

Marketers Need to Stop Focusing on Loyalty and Start Thinking About Relevance

If your customer retention strategy relies on “buying” loyalty with rewards, rebates, or discounts, it is coming at a high cost. And these days, it could also mean that you’re giving up something priceless: your relevance. That’s because the “loyalty era” of marketing, as we’ve known it, is waning. It was built in part on the notion that consumers will keep buying the same things from you if … [Read more...]

The Right Way for Companies to Publicize Their Social Responsibility Efforts

Why don’t we get credit for all the good things we do?” the CEO of a major global corporation asked me recently. After all, the company has innovative and impactful programs to ensure safe working conditions; training programs to help low-wage workers in its supply chain increase their earnings; numerous environmental initiatives to reduce its use of water, energy, and raw materials; diversity and … [Read more...]

How Being a Workaholic Differs from Working Long Hours — and Why That Matters for Your Health

Hanna, a finance director at an international home care retailer, works long hours. She’s usually in the office from 9am to 5pm, but at home, when her three children go to sleep, she’ll work another four hours, not closing her laptop until midnight. She sometimes also works on weekends. But even though she works 60 to 65 hours per week, she told us that she can “switch off” when she needs to, and … [Read more...]

How to Prepare for a Crisis You Couldn’t Possibly Predict

On the morning of May 18, 2012, at precisely 11:05, Nasdaq planned to execute the first trade in in Facebook’s hotly anticipated initial public offering. The opening trade was an auction of sorts—buyers and sellers entered orders, and Nasdaq calculated a price that would cause as many shares as possible to change hands. As the start of trading approached, hundreds of thousands of orders poured in. … [Read more...]