Archive for May 20, 2020

Element AI announces a new partnership with Shinhan Financial Group

Posted in Commentary with tags on May 20, 2020 by itnerd

Element AI, a global developer of artificial intelligence-powered (AI) services and software solutions, today announced its first phase of research and development with Shinan AI, the newly launched AI-powered investment advisory services company, a subsidiary of Shinhan Financial Group. 

As one of the company’s first specialist AI development partners in Korea, this strategic partnership is focused on the co-development of next generation solutions, a key focus for Element AI and Shinhan Financial Group, who signed a memorandum of understanding (MOU) in May 2019. Element AI has now begun a research collaboration to integrate its cutting-edge AI forecasting technology with Shinan AI’s NEO investment advisory platform, introduced in September 2019.

In today’s highly competitive and algorithmically powered capital markets, forecasting index prices for investment decisions has become quite complex. Element AI is applying its proprietary algorithms to offer a novel approach to forecasting equity indexes while providing for future extensibility to additional asset classes. These deep learning based algorithms will help simplify and accelerate application and forecasting decisions support for the tracked indexes on the NEO platform.

The highly acclaimed expertise of the Shinhan Financial Group along with the globally recognized applied research and AI innovations from Element AI, will offer capital market customers using the Neo platform higher quality analysis, more accurate predictions, and powerful investment and asset rebalancing guidance when markets face unexpected conditions.

Element AI will continue to work as a key partner and advisor to Shinhan AI in the coming years to continue researching, developing and deploying cutting edge AI powered solutions to unlock the transformative value that AI offers to Shinhan Financial Group and its customers.

To learn more about Element AI and its global solutions and services, visit: https://www.elementai.com/

Sharp Canada Launches New Business-Friendly 4K Ultra-HD Displays & Recommends Some Cleaning Tips

Posted in Commentary with tags on May 20, 2020 by itnerd

Sharp Electronics of Canada today launched a new series of 4K Ultra-HD displays with built-in tuner support, business-friendly features and an elegant, slender frame, designed to engage audiences in hospital, business and retail settings.

The 4TB Series includes three models: the 4TB60CJ1U with a 60-inch class screen; the 4TB70CJ1U with a 70-inch class screen; and the 4TB80CJ1U with an 80-inch class screen.

The displays are engineered to be simple to set up and run. Features include:

  • Superb 4K Ultra-HD Image Quality – all models bring out all the colour depth, detail and clarity. Audiences will notice subtle textures and fine details not visible at full HD resolution.
  • Enhanced Connectivity – all models include two HDMI inputs, a RS-232C and LAN command set, a built-in USB port, and a built-in media player to display photos, music and videos.
  • Ultimate Control Features – the models support flexible remote control capabilities from connected devices. Business owners can easily lockout features such as IR remote, power, channel, volume and input, preventing unwanted adjustments.
  • Large Screen, Slim Bezel – the 4TB Series is lightweight with a pleasing appearance. It also features powerful 10-watt audio with bottom-facing speakers.

The 4TB Series will be available soon.

Sharp has also launched a cleaning guide to help businesses control the spread of illnesses. The tips for cleaning Sharp electronic products are based on guidelines from the U.S. Centers for Disease Control and Prevention.

The tips include:

  1. Wear disposable gloves (latex or nitrile) when cleaning and disinfecting surfaces.
  2. Turn off the device and disconnect AC power
  3. Moisten a microfiber cloth with a mixture of 70 per cent isopropyl alcohol and 30 per cent water (do not spray).
  4. Begin with the display or MFP control panel and finish with any flexible cables.
  5. When cleaning a display screen or touchscreen panel, wipe in one direction.
  6. After disinfecting, copier/scanner glass should be cleaned again using an office glass cleaner.
  7. When finished, discard gloves and wash hands immediately for 20 seconds with soap and water.

Why Is Petro Canada Asking Users To Change The Password Related To Their Petro Points Account?

Posted in Commentary with tags on May 20, 2020 by itnerd

A few readers this morning tipped me off to them getting an email from fuel retailer Petro Canada asking people to change their passwords that are associated with their Petro Points accounts, which is Petro Canada’s rewards program. Since I am a member of their rewards program, I checked my personal email and sure enough, I got this email:

So, I went in and changed my password after verifying that this wasn’t a phishing email. But I will ask this question. Why is it that Petro Canada asking users to change their passwords seemingly out of the blue? Did they get hacked? Did they do an audit and found some weak passwords, and out of an abundance of caution is triggering a password reset? This email doesn’t make it clear. In fact, it doesn’t make anything clear other than they want their users to be safe. Petro Canada would really do itself a favor by providing more clarity on this front as people who get this email will be concerned that their Petro Points will not be safe even if they change their password.

Grayshift Has iOS Spyware That Can Capture Your Passcode….. But There’s A Catch

Posted in Commentary with tags on May 20, 2020 by itnerd

If you’ve been following this blog for a while, you’re likely aware of Grayshift which is a company that makes iPhone cracking tools for law enforcement. Now the catch with any of these sorts of tools is that they brut force the passcode to get into the iPhone in question. That’s great if you are dealing with a 4 digit passcode which would take minutes to crack, or a six digit one which would take hours. But if you’re dealing with an alphanumeric passcode, that may be next to impossible to crack. So, for those scenarios where the passcode is difficult to crack, Grayshift has another approach that was previously unknown to the public:

Software called Hide UI, created by Grayshift, a company that makes iPhone-cracking devices for law enforcement, can track a suspect’s passcode when it’s entered into a phone, according to two people in law enforcement, who asked not to be named out of fear of violating non-disclosure agreements.

The spyware, a term for software that surreptitiously tracks users, has been available for about a year but this is the first time details of its existence have been reported, in part because of the non-disclosure agreements police departments sign when they buy a device from Grayshift known as GrayKey.

Those NDAs have helped keep Hide UI a secret. Because of the lack of public scrutiny of the feature as well as its covert behavior, defense attorneys, forensic experts and civil liberties advocates are concerned that Hide UI could be used without giving owners the due process of law, such as a warrant.

So the use of this software would go something like this:

In order for this feature to work, law enforcement officials must install the covert software and then set up a scenario to put a seized device back into the hands of the suspect, said the people familiar with the system, who did not wish to be identified for fear of violating their NDA with Grayshift and having access to the device revoked.

For example, a law enforcement official could tell the suspect they can call their lawyer or take some phone numbers off the device. Once the suspect has done this, even if they lock their phone again, Hide UI will have stored the passcode in a text file that can be extracted the next time the phone is plugged into the GrayKey device. Law enforcement can then use the passcode to unlock the phone and extract all the data stored on it.

Well, the suspect would have to be pretty dumb to fall for this. Especially now that the existence of this spyware is out there. And you have to wonder how legal this method of grabbing data off an iPhone is. But I am a computer nerd and not a lawyer. One thing is for sure, now that this is out there, you can bet that Apple will try to devise countermeasures to this so that whatever success this tool has in terms of helping to get into iPhones is short lived.