Categories
Cyber Security

Ukrainian power grid ‘lucky’ to withstand Russian cyber-attack | BBC

Ukraine’s senior cyber-security authorities claim they were informed of the possibility of an assault on the country’s electricity systems before Russia’s invasion. Hackers attempted to take down substations, resulting in blackouts for two million people. The malicious software employed in the assault is identical to that used by Russian hackers to create blackouts in Kyiv in the past. According to researchers, sandworm, a Russian military outfit, is believed to be responsible. Industroyer is the term given to the virus used in 2016 to shut down power substations in Kyiv temporarily. 

Sandworm is also suspected of being responsible for outages that impacted more than 200,000 houses in Ukraine the previous year. The United States has identified several guys it thinks are members of the Sandworm hacking organization, which the FBI seeks. 

Source: https://www.bbc.com/news/technology-61085480  

Categories
Artificial Intelligence

5 applications of Artificial Intelligence that are disrupting the banking sector | IBS 

Artificial Intelligence (AI) was initially envisaged in 1955 as a subfield of Computer Science to develop “intelligent computers” capable of mimicking human cognitive skills such as learning and problem-solving. Due to the COVID-19 epidemic, the application of AI in many organizations has expanded. 

Organizations and governments are spending billions of money to finance AI research and pilot initiatives globally. A Robo-advisor makes an effort to comprehend a customer’s financial health by evaluating the data they give and their economic history. Chatbots can do the majority of frequently performed actions, such as balance inquiries and payment transfers. Additionally, AI may help cybersecurity systems enhance performance by understanding patterns and signs that seem unconnected to forecast and prevent assaults.  Source: https://ibsintelligence.com/ibsi-news/5-applications-of-artificial-intelligence-that-are-disrupting-the-banking-sector/

Categories
Robots

California start-up sends tiny robots on voyage into brains | France 24 

Bionaut Labs intends to conduct the first human clinical trials for small injectable robots in less than two years. Magnetic coils implanted outside the patient’s skull are connected to a computer, which can navigate the micro-robot into the damaged area of the brain remotely and sensitively. If successful, the procedure could be used to treat children with Dandy-Walker Syndrome, a rare brain malformation. 

Bionaut Labs received licenses from the US Food and Drug Administration (FDA), paving the path for clinical studies to treat Dandy-Walker Syndrome and malignant gliomas. The micro-robots will be used to “surgically” inject anti-cancer drugs directly into brain tumors. Currently, available treatment approaches include dosing the whole body with medications, resulting in significant side effects and a loss of efficacy. 

Source:  https://www.france24.com/en/live-news/20220413-california-start-up-sends-tiny-robots-on-voyage-into-brains