Is Snap Inc. Building a Wearable Face Recognition Device for the NSA?

Is Snap Inc. Building a Wearable Face Recognition Device for the NSA?

Last week, Evan Spiegel of Snap Inc. unveiled his first hardware product Spectacles to a few journalists. Wall Street Journal author Seth Stevenson recalls how Spiegel invited him into “a small conference room” where he “draped a towel over a mysterious object sitting on a table” calling Spiegel “eager to the point of jitters”. Perhaps…

Scary Fileless Malware Infects Banks Worldwide

Scary Fileless Malware Infects Banks Worldwide

Fileless malware, much like what has previously only been seen in nation-sponsored cyberattacks, is now “going mainstream,” as criminal hackers begin using the same in-memory bug on banks, government agencies, and other enterprises across the globe. Kaspersky Lab in Moscow has published research claiming that at least 140 entities have been infected. “The so-called fileless malware is…

Why the Rise of Wearable Tech to Monitor Employees is Worrying

Why the Rise of Wearable Tech to Monitor Employees is Worrying

An increasing number of companies are beginning to digitally monitor their employees. While employers have always scrutinised their workers’ performance, the rise of wearable technology to keep tabs has more of a dystopian edge to it. Monitoring has become easier, more intrusive and is not just limited to the workplace – it’s 24/7. Devices such…

IBM Watson Replaces Insurance Claim Workers at Japanese Insurance Company

IBM Watson Replaces Insurance Claim Workers at Japanese Insurance Company

Most of the attention around automation focuses on how factory robots and self-driving cars may fundamentally change our workforce, potentially eliminating millions of jobs. But AI that can handle knowledge-based, white-collar work are also becoming increasingly competent. One Japanese insurance company, Fukoku Mutual Life Insurance, is reportedly replacing 34 human insurance claim workers with “IBM…