The machines are watching On August 6, AnyVision published a post on the company blog titled “Ethical and Responsible AI at Anyvision,” in which it laid out its position on privacy, ethics, algorithmic bias, and regulation. The company claims it doesn’t collect or share user data and does not capture face images. Instead, the company writes, the data they capture is rendered using “mathematical vectors that act as secure cryptography, preventing identity hacking even if data is stolen.” AnyVision also notes that it will soon announce an AI Ethics Advisory Board comprised of “external experts both inside and outside” the field. … [Read more...] about Microsoft-backed facial recognition firm rethinks its role in Hong Kong
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SBI Life's NBP continued to grow strong at 35% YoY in 9M20 with APE growth of 22% on very strong growth from Non-PAR. Protection business growth moderated to 36% YoY as individual protection de-grew 8% sequentially as an aberration on push to higher ticket size products, though the management maintains the core focus remains to ramp up protection. Margins continued to improve with 80bps YoY ending at 18.3% on back of mix change. Higher operating variance to the extent of Rs 0.86bn have come from provisioning for higher employee acquisition expenses towards 4-5 new banca partnerships. … [Read more...] about Buy SBI Life Insurance Company; target of Rs 1127: Prabhudas Lilladher
As he demonstrated, a malicious hacker can execute a search for an Elasticsearch database with these tools by defining a port, an index, and a keyword. In less than a minute, Wethington found 33,000 open Elasticsearch databases, a small percentage of which would be related to facial recognition or artificial intelligence. “The point is that the data is easy to find if it’s even remotely insecure,” he says. In short order, Wethington found a database in China that is using facial recognition technology. He says the tools to access these systems are freely available and often require zero authentication. “Technically, they aren’t being hacked—they are simply not being secured,” says Wethington. … [Read more...] about Due to weak oversight, we don’t really know how tech companies are using facial recognition data
Disclaimer: The above report is compiled from information available on public platforms. Moneycontrol.com advises users to check with certified experts before taking any investment decisions. These are not buy or sell recommendations.Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app. … [Read more...] about Ashish Kacholia raises stake in 4 companies, cuts down in 7 in Q3; do you own any?
The fear Beijing has is that with an estimated three billion trips planned over Lunar New Year festivities, the infection rate of the coronavirus could skyrocket. Yet the disease isn’t only a Chinese problem anymore. It has already spread to the United States, Taiwan, South Korea, Thailand, Japan, Macau, and Hong Kong, reports the Guardian. … [Read more...] about Here’s the growing list of cities quarantined from the China coronavirus