🚨 Busted!

Illicit data marketplace Genesis Market was seized by authorities

April 6, 2023 SPONSORED BY

IN THIS ISSUE 💻 Illicit online marketplace Genesis Market seized by FBI 🤖 Nobel-winning economist says AI could enable a 4-day workweek 🚌 A different kind of robo-bus is about to hit the road

UP FIRST Genesis Market, an illicit marketplace for stolen data, was seized by the FBI An international investigation into the site has led to over 120 arrests One of the world's largest illicit online marketplaces has been seized, the U.S. Department of Justice (DOJ) said on Wednesday.   Genesis Market operated by gaining unauthorized access to victims' devices before stealing a trove of data and then selling it to hackers via its website.   What made its approach particularly dangerous was that it stole not only login credentials but also a victim's so-called "digital fingerprint" (IP address, browser information, session cookies, etc.) that allowed buyers of the stolen data to log in to a victim's account as if they were the original user.   The U.K.'s National Crime Agency (NCA) said the site hosted around 80 million sets of credentials stolen from more than 2 million devices. Victims have included not only individuals but also government bodies and leading international companies.   Although Genesis Market is believed to be based in Russia, 120 arrests have so far been made around the world in connection with the illegal operation.   The NCA has explained how to find out if any of your accounts have been compromised by Genesis Market and offers tips on how to protect your data going forward. Read more

SPONSORED BY TECNO Meet the PHANTOM V Fold, TECNO's innovative flagship foldable phone According to what we saw at MWC 2023, the world is about to go back to phones that flip and fold. The technology has changed so much, and it is truly a different experience now. Enter TECNO's latest phone, and first foldable phone, the PHANTOM V Fold.   The bold PHANTOM V Fold in folded format looks and plays like a typical 6.42-inch phone, but we love its stunning 120Hz display. Unfolded, it converts into a tablet-like, 7.85-inch display. It's a foldable phone that shows off pioneering innovation and practical application right here and right now.  Learn more about the PHANTOM V Fold

AUTOMATION ChatGPT could lead to a 4-day workweek, automation expert says A Nobel Prize-winning labor economist weighs in on AI ChatGPT and similar generative artificial intelligence (AI) tools could pave the way for a shorter working week, Nobel Prize-winning labor economist Christopher Pissarides said this week.   The powerful AI technology can already converse in an impressively human-like way and before long is likely to be able to handle numerous tasks across a range of mostly white-collar industries.   In comments reported by Bloomberg, Pissarides, a professor at the London School of Economics, said: "I'm very optimistic that we could increase productivity. We could increase our well-being generally from work and we could take off more [time for] leisure. We could move to a four-day week easily."   He added that powerful AI tools could take care of many of the boring tasks in the workplace, "leaving only the interesting stuff to human beings."   Pissarides's remarks follow a recent report from Goldman Sachs that suggests as many as 300 million mostly white-collar jobs could be lost or affected in some way by the latest AI technology, though it added that many roles would be assisted by the technology rather than eliminated. Read more

AUTONOMOUS VEHICLES A different kind of robo-bus is about to hit the road Forget those little autonomous minibuses – this is the real deal A fleet of full-size autonomous buses will soon be carrying passengers in what has been described as a "world first" for the technology.   Many existing services experimenting with similar driverless solutions use smaller, off-highway vehicles that trundle at slow speeds around places like college campuses and recreation areas.   But from next month, a fleet of five much larger buses will transport around 10,000 passengers a month along a 15-mile route – on regular roads – at speeds of up to 50 mph, the BBC reported.   The vehicles are fitted with an array of sensors to help them travel safely along the specially planned route, which starts in Edinburgh and heads north across the famous Forth Bridge.   A safety driver will ride in the front to keep an eye on everything, and a second person will assist passengers with boarding, purchasing tickets, and any queries.   The U.K. government said the project, which is run by public transit firm Stagecoach, will be the world's first full-size, self-driving public bus service to go into operation. Read more

ABOUT OUR SPONSOR "TECNO is an innovative technology brand with operations in over 70 countries and regions across five continents. Since its launch, TECNO has been revolutionizing the digital experience in emerging global markets, relentlessly pushing for the perfect integration of contemporary, aesthetic design with the latest technologies. Today, TECNO has developed into a recognized leader in its target markets, delivering state-of-the-art innovation."

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