The Global Frequency

12 December 2021 | Curated by Matt Devost

It has been a long weekend for cyberdefenders.  This week on the Global Frequency...

Log4j  looks to be more impactful that Apache Struts vulnerability. (Read More)

Another Cryptocurrency exchange compromise causes $100m loss. (Read More)

Soon cyberattackers won't be human. (Read More)

As tech CEO's get bored with their platforms, their attention wanders to new initiatives. (Read More)

NY to require algorithms used for hiring to be audited for bias. (Read More)

Russian ransomware perpetrators are hiding in plain sight. (Read More)

Volvo breached as research is stolen. (Read More)

Swiss MFA firm was secretly selling location data. (Read More)

The same issues emerge with Life360, an app used primarily by parents to track their children for safety reasons. (Read More)

Microsoft disrupts Chinese cyber-attack group. (Read More)

Ransomware takes down 300 chain UK grocery store. (Read More)

Individual investors are now able to create custom indexes to invest in.  An interesting take on this would be an AI generated index customized to the products and brands you already support (buy what you know). (Read More)

Using biology to counter adversarial machine learning. (Read More)

DeepMind takes a run at predicting chemical properties. (Read More)

Some Global Frequency readers participated in my GroupIntel Prediction Market over a decade ago and I was excited to share our experiences with Paul and Mary as they put this thoughtful piece together on a framework for a cybersecurity crowdforecasting platform. (Read More)  

Bitcoin mining has totally recovered from the China ban. (Read More)

DOJ launches investigation of short-selling hedge funds in aftermath of a Wall Street Bets summer. (Read More)

The CIA is now in a generational shift from counterterrorism to great power conflict (China). (Read More)

Are we on the cusp of a quantum computing breakthrough? (Read More)

Fact or Fiction:
“Trillions: How a Band of Wall Street Renegades Invented the Index Fund and Changed Finance Forever” by Robin Wigglesworth in an interesting read for a week in which I was part of a launch for an Exchange Traded Fun.  I’ve always been fascinated with shifts in technology, finance, and society and Trillions captures the story of one market mechanism that impacted all three at once. You might think of the creation of a stock index fund as something benign, but it marked a leap in technology as computers were used to do something that was previously cumbersome and it created a whole new mechanism for investing for individual investors. The characters in this book are compelling and the cast of those impacting this approach is filled with those that would later be acknowledged as the greatest minds in mathematical finance. (Amazon Link)

Quote of the Week:
"Whatever you do in life, surround yourself with smart people who'll argue with you." - John Wooden

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