Tag: Data

Thinking of using AI to assist recruitment? Our key data protection considerations

We have shared key questions organisations should ask when procuring AI tools to help with their employee recruitment. Many recruiters may be looking to procure these tools to improve the efficiency of their hiring process, helping to source potential candidates, summarise CVs and score applicants. If not used lawfully, however, AI tools may negatively impact jobseekers who could be unfairly excluded from roles or have their privacy compromised.   We recently audited several providers and developers of AI tools for the recruitment industry, which uncovered considerable areas for improvement, such as…

Here’s why Bitcoin and altcoins could rise after weak NFP data

boss

Cryptocurrencies and stocks remained on edge after the U.S. released weak nonfarm payroll data, pointing to a potentially dovish Federal Reserve. Bitcoin (BTC) pulled back from around $72,500 to the $70,000 level while Ethereum (ETH) is now down more than 3% over the past 24 hours to $2,500. The total market cap of all coins dropped to $2.45 trillion, while the crypto fear and greed index moved from the greed zone of 65 to 57. American stock index futures responded positively, with the Dow Jones, S&P 500, and Nasdaq 100…

AI Data Collection Startup Sapien Raises $10.5M Seed Funding Led by Variant

The Sapien team, led by Rowan Stone, the former co-creator of Coinbase’s layer 2 network Base, and Trevor Koverko, founder of Polymath and author of RWA standard ERC1400, are incentivizing a growing army of data labelling workers with with either USDC stablecoin or a system of reward points. The data work can anything from people labelling everyday items like traffic signs using a mobile device, to pinpointing particular types of cancer cells. Source

Bitcoin miner Northern Data cleared as ex-employees withdraw whistleblower claims

boss

A lawsuit against Bitcoin miner Northern Data was dismissed after ex-employees retracted key allegations, acknowledging potential misstatements in their claims. Bitcoin (BTC) miner Northern Data saw a lawsuit from two former executives dismissed after they retracted allegations of wrongful termination and whistleblower retaliation, acknowledging potential misunderstandings in their initial claims. The suit, filed by former chief operating officer Joshua Porter and former chief financial officer Gulsen Kama, initially claimed wrongful termination and whistleblower retaliation, alleging the firm engaged in questionable financial practices, including tax evasion and misleading investors about its…

International Sting Unravels Malware Stealing Crypto and Financial Data

The U.S. Department of Justice (DOJ) has joined an international crackdown on infostealer malware, seizing servers, domains, and crypto accounts linked to the theft of millions of credentials. International Operation Disrupts Redline and META Infostealers The U.S. Department of Justice (DOJ) announced Tuesday a coordinated international operation to disrupt Redline and META infostealers, malware that […] Source CryptoX Portal

Global privacy authorities issue follow-up joint statement on data scraping after industry engagement

We and several global counterparts are highlighting how social media companies can better protect personal information, as concerns grow about mass scraping of personal information within social media platforms, including to support artificial intelligence systems. We and our counterparts from 16 other global data protection authorities engaged with some of the world’s largest social media companies after issuing a joint statement on data scraping last year. As a result of this engagement, they have now issued a follow-up statement laying out additional takeaways for industry. The joint statement that was…

Information Commissioner: Organisations need to do more to help people affected by data breaches

Information Commissioner urges people to “stop the negative ripple effect” and improve data protection for people in vulnerable situations Commissioner called for “empathy and action” when working with vulnerable people who have experienced a data breach New figures reveal nearly 30 million people have had data lost or stolen, with 30% experiencing emotional distress Information Commissioner John Edwards has today urged organisations across the country to recognise the real-world impact of data breaches – and the devastating effects they can have on people’s lives. Figures revealed by the Information Commissioner’s…

Ripple effect: the devastating impact of data breaches

John Edwards is the Information Commissioner. Imagine a person who has recently escaped an abusive relationship, only to have their confidential address exposed due to a data breach. Or think about someone living with HIV whose medical information is accidentally disclosed. These are not rare or exaggerated scenarios – they are real, and they happen. Such breaches can lead to stigma, fear, discrimination, or even physical danger. For those in already difficult circumstances, the effects can be devastating and life-altering. What is more troubling is that too often, the people…

Bitcoin Bullish Outlook Confirmed By Critical Data – STH Overheating?

boss

Este artículo también está disponible en español. Bitcoin has had a volatile week, with its price fluctuating between a local high of $69,500 and a low of $65,000. Following weeks of strong bullish momentum, the market has now cooled, and BTC is consolidating just below the crucial $70,000 level. This key threshold is seen as a trigger for intensified buying pressure if Bitcoin manages to break above it. Related Reading According to CryptoQuant data, there’s still room for further growth, as short-term holder (STH) coins are trading at a 6.2%…