AI for fraud detection to triple by 2021

The Anti-Fraud Technology Benchmarking Report assessed data from more than 1000 ACFE members regarding their organizations’ use of tech to fight fraud, discovering that while only 13% of businesses currently use AI and machine learning to detect/deter fraudulent activity, another 25% plan to do so in the next year or two.

Other key findings discovered that 26% of organizations are using biometrics as part of their anti-fraud programs, with another 16% expecting to deploy biometrics by 2021, while more than half of respondents (55%) plan to increase their anti-fraud tech budgets over the next two years.

“As criminals find new ways to exploit technology to commit schemes and target victims, anti-fraud professionals must likewise adopt more advanced technologies to stop them,” said Bruce Dorris, JD, CFE, CPA, president and CEO of the ACFE.

Read entire post AI for fraud detection to triple by 2021 | Michael Hill| InfoSecurity
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Only six months remain until the end of Windows 7 support

Despite the awareness that in six months Microsoft will officially end its support for its nearly 10-year-old operating system, Windows 7, 18% of large enterprises have not yet migrated to Windows 10, according to new research from Kollective.

At the start of 2019, researchers found that 43% of companies were still running Windows 7. Of those, 17% didn’t even know about the end of support. In its most recent analysis of 200 US and UK IT decision makers, the report revealed that organizations have a long way to go to prepare for the much anticipated end of Windows 7 support.

https://resiliencepost.com/2019/07/09/one-in-10-it-pros-would-steal-data-if-leaving-a-job/

Six months later, 96% of IT departments have started their migration, and 77% have completed the move. However, given that the migration from Windows XP to Windows 7 reportedly took some firms more than three years to complete, companies that have not started migration are at risk of missing the final deadline.

Read entire post Nearly 20% of organizations still run Windows 7 | Kacy Zurkus | InfoSecurity

Connecting the dots in a circular economy: a new ISO technical committee just formed

The solution is a circular economy, where nothing is wasted, rather it gets reused or transformed. While standards and initiatives abound for components of this, such as recycling, there is no current agreed global vision on how an organization can complete the circle. A new ISO technical committee for the circular economy has just been formed to do just that.

G7 Plastics Charter Canada 20180611
See also: Canada to ban single-use plastics as early as 2021

It’s a well-known fact that the rise in consumerism and disposable products is choking our planet and exhausting it at the same time. Before we reach the day where there is more plastic in the sea than fish, something has to be done to ebb the flow. According to the World Economic Forum, moving towards a circular economy is the key, and a ‘trillion-dollar opportunity, with huge potential for innovation, job creation and economic growth’.

A circular economy is one where it is restorative or regenerative. Instead of buy, use, throw, the idea is that nothing, or little is ‘thrown’, rather it reused, or regenerated, thus reducing waste as well as the use of our resources.

Read entire post Connecting the dots in a circular economy: a new ISO technical committee just formed | Clare Naden | ISO.org

Safety at every level: first international standard for passenger lifts just published

But the national or regional rules and regulations that apply to them are reflected in different standards, making international trade a problem. For the first time, an ISO International Standard just published will harmonize them all, enabling safety to improve and the technology to grow.

ISO 8100 Lifts for the transport of persons and goods overcome this by providing internationally agreed requirements that has worldwide approval for use in all economic areas and is compliant with all local legislation.

They started thousands of years ago as manually operated pulleys, such as those operated by slaves in the Roman Coliseum. Now some are breathtaking feats of engineering, such as the Gateway Arch in Missouri. Most, however, are less glamorous and just aim to transport us from one floor to another.

There are three main standards in use around the world to outline the mechanical and operational characteristics of lifts, all arriving at a similar level of safety and quality. However, they all have different requirements, and are tied to the economic area in which they operate, meaning they are not always accepted in other parts of the world.

Read entire post Safety at every level: first international standard for passenger lifts just published | Clare Naden | ISO.org

It’s all in the name: the world’s first International Standard for brand evaluation just published

A brand can be a company’s most valuable asset – yet how do you know what it’s really worth? Measuring the value of a brand starts with knowing what to measure – and how.

No-one wants to pay ‘just for the name’ yet branding power means we often do. One of those intangible but valuable things, branding influences the decisions of customers, financial institutions, potential buyers of the business and more. And some brands are worth a lot. Yet not all measures are monetary and there are many different approaches and methods used around the world, which makes true comparisons and benchmarking somewhat tricky.

ISO 20671, Brand evaluation – Principles and fundamentals, aims to standardize the technical requirements and evaluation methods involved in brand valuation. It complements ISO 10668, Brand valuation – Requirements for monetary brand valuation, which focuses primarily on the financial aspects.

Read entire post It’s all in the name: the world’s first International Standard for brand evaluation just published | Clare Naden | ISO.org

New International Standard for measuring the performance of cities going “smart”

How can cities adapt and prepare to ensure they provide adequate resources and a sustainable future? They can’t improve what they can’t measure. The latest in the ISO series of standards for smart cities aims to help.

How ISO 37122, Sustainable cities and communities – Indicators for smart cities, gives cities a set of indicators for measuring their performance across a number of areas

The ISO 37100 range of International Standards helps communities adopt strategies to become more sustainable and resilient. The newest in the series and just published, ISO 37122, Sustainable cities and communities – Indicators for smart cities, gives cities a set of indicators for measuring their performance across a number of areas, allowing them to draw comparative lessons from other cities around the world and find innovative solutions to the challenges they face.

The standard will complement ISO 37120, Sustainable cities and communities – Indicators for city services and quality of life, which outlines key measurements for evaluating a city’s service delivery and quality of life. Together, they form a set of standardized indicators that provide a uniform approach to what is measured, and how that measurement is to be undertaken, that can be compared across city and country.

Read entire post New International Standard for measuring the performance of cities going “smart” | Clare naden | ISO.org

Beyond technology

By setting the standards that frame these initiatives, ISO/TC 207 helps scale solutions to our most urgent environmental challenges.

Just a decade ago, the term “green business strategy” evoked visions of fringe environmentalism and a high cost for minimal good. Recently, however, a new common wisdom has emerged that promises the ultimate reconciliation of environmental and economic concerns.

This new vision sounds great, yet is it realistic? ISOfocus sits down with Sheila Leggett, who began her term in 2018 as Chair of ISO technical committee ISO/TC 207, Environmental management, building on a distinguished career as a biologist, ecologist, industry consultant and environmental legislator. Having served on Canada’s Natural Resources Conservation Board and, later, the National Energy Board, Leggett’s experience is broad and her knowledge detailed.

Read entire article Beyond technology | ISO.org

Ships and Maritime technology (TC 8)

Over the past few years, the tides of the maritime industry have been changing. There’s a push for safer, smarter, more environment-friendly and energy-efficient sea transport. Discover how ISO standards are redefining how the industry works.

Washington introduces ‘resiliency’ plan to protect against 21st-century threats

The initiatives are part of the city’s “Resilient D.C.” strategy, a 160-page plan that is the culmination of the city’s two-year planning process.

The D.C. plan sets four goals: leveraging technology, fostering inclusive growth, mitigating the effects of climate change and improving public health.

Kevin Bush, who serves as D.C.’s chief resilience officer through a Rockefeller Foundation grant, told StateScoop that he designed the technology component of the resilience strategy — which includes 16 of the document’s 68 total goals — to enable the city to leverage, rather than “just respond to” technological advancements.

Read entire post Washington introduces ‘resiliency’ plan to protect against 21st-century threats | Ryan Johnston | StateScoop

Israel responds to cyber-attack with air strike

The Israel Defense Forces (IDF) claim to have thwarted a cyber-attack from Hamas by targeting the building where Hamas cyber operatives work, according to IDF.

After the alleged cyber-attack, IDF responded with a physical attack in what Forbes contributor Kate O’Flaherty called “a world first.”

According to the commander of the IDF’s cyber division, identified only by his rank and first Hebrew letter of his name, Brigadier General Dalet, this was also the first time that Israel cyber forces had to fend off an attack while they were also under fire, which required both Israeli technology soldiers and the Israeli Air Force, according to The Times of Israel.

Read entire post Israel responds to cyber-attack with air strike | Kazy Zurkus | InfoSecurity

ISO standard brings new touch to product design

Today, many people who are visually impaired or have low vision must cobble together different tools just to use everyday items. But this is set to change thanks to a new ISO standard for accessible design that will bring tactile information to the use of everyday products.

ISO 24508:2019, Ergonomics – Accessible design – Guidelines for designing tactile symbols and characters, will make accessible design a part of designers’ best practices by helping them incorporate tactile information at the design stage of a product or environment.

If you’ve had your eyes, or fingers, open, you may have noticed tactile information on toilet doors to denote gents or ladies, on buttons in lifts, on bottles of wine and packaging for breakfast cereals and ready meals. The use of tactile information (such as raised symbols and characters) has become an increasingly important method for supporting accessible design of products, services and environments.

Read entire post ISO standard brings new touch to product design | Elizabeth Gasiorowski-Denis | ISO.org

Password “123456” used by 23.2 million users worldwide

Released over the Easter weekend (April 21, 2019), the report also found that the most-used password from global cyber breaches was “123456,” with “ashley” the most-used name as a password. The global password-risk list was published to disclose passwords already known to hackers.

The polling was independently carried out on behalf of NCSC, a part of GCHQ and the Department for Digital, Culture, Media and Sport (DCMS). The findings, as well as 100,000 passwords already known to have been breached by hackers, were released ahead of NCSC’s CYBERUK 2019 conference, which will be taking place in Glasgow this week.

These will inform government policy and guidance offered to the public.

Read entire post Password “123456” Used by 23.2 Million Users Worldwide | Phee Waterfield  | InfoSecurity