Deepfakes spell deep trouble for markets
Sophisticated fake news attacks targeting financial markets have become increasingly common. In 2016, fraudsters created an exact replica of a reputable news site and published false allegations about French construction giant Vinci SA's accounting practices. The result was immediate—a staggering 18% drop in the company's share price, erasing 6 bil... See more
Yasin Dus • Council Post: The Disinformation Market: Battling Fake News In Finance
he global AI race has become a matter of national security for many countries, therefore, state-backed cybercrime groups and mercenaries are aggressively targeting AI vendors, from talented startups to tech giants like Google or OpenAI
Fiona Jackson • OpenAI Secrets Stolen in 2023 After Internal Forum Was Hacked
On 23 April 2013, Syrian hackers broke into Associated Press’s official Twitter account. At 13:07 they tweeted that the White House had been attacked and President Obama was hurt. Trade algorithms that constantly monitor newsfeeds reacted in no time and began selling stocks like mad. The Dow Jones went into free fall and within sixty seconds lost 1
... See more