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The name for this method is surveillance pricing, and the FTC has just released initial findings of a report looking into that practice. In July 2024, the FTC requested information from eight companies offering surveillance pricing products and services that incorporate data about consumers characteristics and behavior.
A hacking collective compromised roughly 150,000 internet-connected surveillance cameras from Verkada, Inc., Hacktivist Tillie Kottmann is reportedly among those asserting responsibility for the incident, telling Bloomberg that their act helped expose the security holes of modern-day surveillance platforms.
This is surveillance capitalism , and AI is shaping up to be part of it. And, as with the rest of the internet, that somehow is likely to include surveillance and manipulation. Phone apps collect and sell your data. Quite possibly, it could be much worse with AI. These companies will need to monetize them somehow.
. “The ferocity of cyber criminals to take advantage of COVID-19 uncertainties by preying on small businesses is disturbing,” said Andrew LaMarca , who leads the global high-risk and fraud team at Dun & Bradstreet. For example, only recently did the three major consumer reporting bureaus allow all U.S.
During the pandemic, practically everyone—families, schools, social groups, businesses—is using videoconferencing to communicate, making the security of these platforms more critical than ever,” Andrew Smith, Director of the FTC’s Bureau of ConsumerProtection, said in November.
LOT stated that no ongoing flights or other airport computer systems were affected and the flights already in the air to scheduled to land at Warsaw were at no risk. These files were said to derive from directly targeted NSA surveillance of the communications of multiple French leaders.
But like nearly all innovation, there are risks involved. And for products borne out of the Internet of Things, this means the risk of having personal information stolen or devices being overtaken and controlled remotely. It falls upon lawmakers to create laws that protectconsumers.
In a recent blog, privacy company Proton explained how Google is spending millions lobbying and actively fighting against privacy laws that would protect you from online surveillance. We don’t just report on threats – we help safeguard your entire digital identity Cybersecurity risks should never spread beyond a headline.
Research shows that only 19 out of 60 countries have detailed regulations that cover taxation, AML/CFT, consumerprotection, and licensing [1]. State-of-the-art technology in cryptocurrency brings new risks, especially with decentralized finance (DeFi) platforms and non-fungible tokens (NFTs) [2]. Crypto companies paid over 4.61
In this blog, I’m exploring these changes, grouped under key categories that I’ve used in previous years, to help business leaders and cyber risk owners better prepare for the evolving landscape. Critical infrastructure face heightened risk from targeted disruptions, as do small businesses who are the backbone of the economy.
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