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Category Archives: Financial System

Pete Recommends – Weekly highlights on cyber security issues, October 26, 2024

Pete Recommends – Weekly highlights on cyber security issues, October 26, 2024 – Privacy and cybersecurity issues impact every aspect of our lives – home, work, travel, education, finance, health and medical records – to name but a few. On a weekly basis Pete Weiss highlights articles and information that focus on the increasingly complex and… Continue Reading

VISA Biannual Threat Report Fall 2024

This report provides an overview of the top payments ecosystem threats within the past six-month period (January – June 2024) as identified by Visa Payment Fraud Disruption (PFD). In the December 2023 Biannual Report, Visa PFD noted an interesting shift in threat actors’ organization, access to tools, and target choice, with threat actors increasing in… Continue Reading

The National Security Case for Public AI

Vanderbilt Policy Accelerator:  In a recent op-ed in the Washington Post, OpenAI CEO Sam Altman posed a simple but striking question: “Who will control the future of AI?” Altman frames the choice as between two futures: “Will it be one in which the United States and allied nations advance a global AI that spreads the… Continue Reading

Billionaire Blowback on Housing and The American Housing Crisis: A Theft, Not a Shortage

How concentrated wealth disrupts housing markets and worsens the housing affordability crisis. By Chuck Collins, Omar Ocampo, Amee Chew – Across the United States, communities are facing an acute housing affordability crisis. Rents and homelessness are rising while home ownership feels increasingly out of reach for millions. What’s driving that crisis? In a word, inequality.… Continue Reading

SBA disaster assistance resources

Data is Plural: “Following a declared disaster,” the US Small Business Administration offers “disaster assistance in the form of low-interest, long-term disaster loans for damages not covered by insurance or other recoveries to businesses of all sizes, private nonprofit organizations, as well as homeowners and renters.” The SBA publishes anonymized data about each such loan… Continue Reading

A baseline structure inventory with critical attribution for the US and its territories

Data is Plural: “Leveraging high performance computing, remote sensing, geographic data science, machine learning, and computer vision,” Hsiuhan Lexie Yang et al., researchers at Oak Ridge National Laboratory, have “partnered with Federal Emergency Management Agency (FEMA) to build a baseline structure inventory covering the US and its territories to support disaster preparedness, response, and recovery.”… Continue Reading

Musk and the federal government

Via Next Draft: What’s in it for Musk (and a handful of other billionaires funding the entire Trump operation)? Well, let’s narrow the answer down to this: Everything. Franklin Foer in The Atlantic( Gift Article): What Elon Musk Really Wants. “Many other titans of Silicon Valley have tethered themselves to Trump. But Musk is the… Continue Reading

Google’s AI Fails At 43% Of Finance Queries, Study Finds

Search Engine Journal: A study by The College Investor finds significant inaccuracies in Google’s AI-generated summaries for finance queries. Out of 100 personal finance searches, 43% had misleading or incorrect information. Key Findings -The study evaluated AI overviews across various financial topics, including banking, credit, investing, taxes, and student loans. The results showed: 57% of… Continue Reading