RAVN ACE Can Help Financial Institutions with Regulatory Compliance
March 31, 2016
Increased regulations in the financial field call for tools that can gather certain information faster and more thoroughly. Bobsguide points to a solution in, “RAVN Systems Releases RAVN ACE for Automated Data Extraction of ISDA Documents Using Artificial Intelligence.” For those who are unaware, ISDA stands for International Swaps and Derivatives Association, and a CSA is a Credit Support Annex. The press release informs us:
“RAVN’s ground-breaking technology, RAVN ACE, joins elements of Artificial Intelligence and information processing to deliver a platform that can read, interpret, extract and summarise content held within ISDA CSAs and other legal documents. It converts unstructured data into structured output, in a fraction of the time it takes a human – and with a higher degree of accuracy. RAVN ACE can extract the structure of the agreement, the clauses and sub-clauses, which can be very useful for subsequent re-negotiation purposes. It then further extracts the key definitions from the contract, including collateral data from tabular formats within the credit support annexes. All this data is made available for input to contract or collateral management and margining systems or can simply be provided as an Excel or XML output for analysis. AVN ACE also provides an in-context review and preview of the extracted terms to allow reviewing teams to further validate the data in the context of the original agreement.”
The write-up tells us the platform can identify high-credit-risk relationships and detail the work required to repaper those accounts (that is, to re-draft, re-sign, and re-process paperwork). It also notes that even organizations that have a handle on their contracts can benefit, because the platform can compare terms in actual documents with those in that have been manually abstracted.
Based in London, enterprise search firm RAVN tailors its solutions to the needs of each industry it serves. The company was founded in 2011.
Cynthia Murrell, March 31, 2016
Sponsored by ArnoldIT.com, publisher of the CyberOSINT monograph
Predictive Analytics on a Budget
March 30, 2016
Here is a helpful list from Street Fight that could help small and mid-sized businesses find a data analysis platform that is right for them—“5 Self-Service Predictive Analytics Platforms.” Writer Stephanie Miles notes that, with nearly a quarter of small and mid-sized organizations reporting plans to adopt predictive analytics, vendors are rolling out platforms for companies with smaller pockets than those of multinational corporations. She writes:
“A 2015 survey by Dresner Advisory Services found that predictive analytics is still in the early stages of deployment, with just 27% of organizations currently using these techniques. In a separate survey by IDG Enterprise, 24% of small and mid-size organizations said they planned to invest in predictive analytics to gain more value from their data in the next 12 months. In an effort to encourage this growth and expand their base of users, vendors with business intelligence software are introducing more self-service platforms. Many of these platforms include predictive analytics capabilities that business owners can utilize to make smarter marketing and operations decisions. Here are five of the options available right now.”
Here are the five platforms listed in the write-up: Versium’s Datafinder; IBM’s Watson Analytics; Predixion, which can run within Excel; Canopy Labs; and Spotfire from TIBCO. See the article for Miles’ description of each of these options.
Cynthia Murrell, March 30, 2016
Sponsored by ArnoldIT.com, publisher of the CyberOSINT monograph
Surfing Safely on the Dark Web
March 29, 2016
The folks at Alphr want us to be safe if we venture onto the Dark Web, so they offer guidance in their article, “Is the Dark Web Safe?” The short answer, of course, is “parts of it.” Writer Thomas McMullan notes that, while the very act of accessing hidden sites through Tor is completely legal, it is easy to wander into illegal territory. He writes:
“‘Safe’ is a bit of a vague term. There is much of worth to be found on the dark web, but by its nature it is not as safe as the surface-level internet. You can only access pages by having a direct link (normally with a .onion suffix) and while that makes it harder to accidentally stumble across illegal content, you’re only a click away from some pretty horrible stuff. What’s more, the government is cracking down on illegal material on the dark web. In November 2015, it was announced that GCHQ and the National Crime Agency (NCA) would be joining forces to tackle serious crimes and child pornography on the dark web. Director of GCHQ Robert Hannigan said that the new Joint Operations Cell (JOC) will be ‘committed to ensuring no part of the internet, including the dark web, can be used with impunity by criminals to conduct their illegal acts’.”
The article goes on to note that plugins which can present a false IP address, like Ghostery, exist. However, McMullan advises that it is best to stay away from anything that seems questionable. You have been warned.
Cynthia Murrell, March 29, 2016
Sponsored by ArnoldIT.com, publisher of the CyberOSINT monograph
Reputable News Site Now on the Dark Web
March 28, 2016
Does the presence of a major news site lend an air of legitimacy to the Dark Web? Wired announces, “ProPublica Launches the Dark Web’s First Major News Site.” Reporter Andy Greenberg tells us that ProPublica recently introduced a version of their site running on the Tor network. To understand why anyone would need such a high level of privacy just to read the news, imagine living under a censorship-happy government; ProPublica was inspired to launch the site while working on a report about Chinese online censorship.
Why not just navigate to ProPublica’s site through Tor? Greenberg explains the danger of malicious exit nodes:
“Of course, any privacy-conscious user can achieve a very similar level of anonymity by simply visiting ProPublica’s regular site through their Tor Browser. But as Tigas points out, that approach does leave the reader open to the risk of a malicious ‘exit node,’ the computer in Tor’s network of volunteer proxies that makes the final connection to the destination site. If the anonymous user connects to a part of ProPublica that isn’t SSL-encrypted—most of the site runs SSL, but not yet every page—then the malicious relay could read what the user is viewing. Or even on SSL-encrypted pages, the exit node could simply see that the user was visiting ProPublica. When a Tor user visits ProPublica’s Tor hidden service, by contrast—and the hidden service can only be accessed when the visitor runs Tor—the traffic stays under the cloak of Tor’s anonymity all the way to ProPublica’s server.”
The article does acknowledge that Deep Dot Web has been serving up news on the Dark Web for some time now. However, some believe this move from a reputable publisher is a game changer. ProPublica developer Mike Tigas stated:
“Personally I hope other people see that there are uses for hidden services that aren’t just hosting illegal sites. Having good examples of sites like ProPublica and Securedrop using hidden services shows that these things aren’t just for criminals.”
Will law-abiding, but privacy-loving, citizens soon flood the shadowy landscape of the Dark Web.
Cynthia Murrell, March 28, 2016
Sponsored by ArnoldIT.com, publisher of the CyberOSINT monograph
Bigger Picture Regarding Illegal Content Needed
March 25, 2016
Every once in awhile an article on the Dark Web comes along that takes a step back from the latest action on Tor and offers a deep-dive on the topic at large. Delving into the World of the Dark Web was recently published on Raconteur, for example. In this article, we learned the definition of darknets: networks only accessible through particular software, such as Tor, and trusted peer authorization. The article continues,
“The best known, and by far the most popular, darknet is the Onion Router (Tor), which was created by the US Naval Research Labs in the 90s as an enabler of secure communication and funded by the US Department of Defense. To navigate it you use the Tor browser, similar to Google Chrome or Internet Explorer apart from keeping the identity of the person doing the browsing a secret. Importantly, this secrecy also applies to what the user is looking at. It is because servers hosting websites on the Tor network, denoted by their .onion (dot onion) designation, are able to mask their location.”
Today, the Dark Web is publicly available to be used anonymously by anyone with darknet software and home to a fair amount of criminal activity. Researchers at King’s College London scraped the .onion sites and results suggested about 57 percent of Tor sites host illegal content. We wonder about the larger context; for example, what percent of sites viewed on mainstream internet browsers host illegal content?
Megan Feil, March 25, 2016
Sponsored by ArnoldIT.com, publisher of the CyberOSINT monograph
VPN Disables Right to Be Forgotten for Users in European Union
March 24, 2016
Individuals in the European Union have been granted legal protection to request unwanted information about themselves be removed from search engines. An article from Wired, In Europe,You’ll Need a VPN to See Real Google Search Results, explains the latest on the European Union’s “right to be forgotten” laws. Formerly, privacy requests would only scrub sites with European country extensions like .fr, but now Google.com will filter results for privacy for those with a European IP address. However, European users can rely on a VPN to enable their location to appear as if it were from elsewhere. The article offers context and insight,
“China has long had its “Great Firewall,” and countries like Russia and Brazil have tried to build their own barriers to the outside ‘net in recent years. These walls have always been quite porous thanks to VPNs. The only way to stop it would be for Google to simply stop allowing people to access its search engine via a VPN. That seems unlikely. But with Netflix leading the way in blocking access via VPNs, the Internet may yet fracture and localize.”
The demand for browsing the web using surreptitious methods, VPN or otherwise, only seems to be increasing. Whether motivations are to uncover personal information about certain individuals, watch Netflix content available in other countries or use forums on the Dark Web, the landscape of search appears to be changing in a major way.
Megan Feil, March 24, 2016
Sponsored by ArnoldIT.com, publisher of the CyberOSINT monograph
The Dark Web Cuts the Violence
March 23, 2016
Drug dealing is a shady business that takes place in a nefarious underground and runs discreetly under our noses. Along with drug dealing comes a variety of violence involving guns, criminal offenses, and often death. Countless people have lost their lives related to drug dealing, and that does not even include the people who overdosed. Would you believe that the drug dealing violence is being curbed by the Dark Web? TechDirt reveals, “How The Dark Net Is Making Drug Purchases Safer By Eliminating Associated Violence And Improving Quality.”
The Dark Web is the Internet’s underbelly, where stolen information and sex trafficking victims are sold, terrorists mingle, and, of course, drugs are peddled. Who would have thought that the Dark Web would actually provide a beneficial service to society by sending drug dealers online and taking them off the streets? With the drug dealers goes the associated violence. There also appears to be a system of checks and balances, where drug users can leave feedback a la eBay. It pushes the drug quality up as well, but is that a good or bad thing?
“The new report comes from the European Monitoring Centre for Drugs and Drug Addiction, which is funded by the European Union, and, as usual, is accompanied by an official comment from the relevant EU commissioner. Unfortunately, Dimitris Avramopoulos, the European Commissioner for Migration, Home Affairs and Citizenship, trots out the usual unthinking reaction to drug sales that has made the long-running and totally futile “war on drugs” one of the most destructive and counterproductive policies ever devised:
‘We should stop the abuse of the Internet by those wanting to turn it into a drug market. Technology is offering fresh opportunities for law enforcement to tackle online drug markets and reduce threats to public health. Let us seize these opportunities to attack the problem head-on and reduce drug supply online.’”
The war on drugs is a futile fight, but illegal substances do not benefit anyone. While it is a boon to society for the crime to be taken off the streets, take into consideration that the Dark Web is also a breeding ground for crimes arguably worse than drug dealing.
Whitney Grace, March 23, 2016
Sponsored by ArnoldIT.com, publisher of the CyberOSINT monograph
Infonomics and the Big Data Market Publishers Need to Consider
March 22, 2016
The article on Beyond the Book titled Data Not Content Is Now Publishers’ Product floats a new buzzword in its discussion of the future of information: infonomics, or the study of creation and consumption of information. The article compares information to petroleum as the resource that will cause quite a stir in this century. Grace Hong, Vice-President of Strategic Markets & Development for Wolters Kluwer’s Tax & Accounting, weighs in,
“When it comes to big data – and especially when we think about organizations like traditional publishing organizations – data in and of itself is not valuable. It’s really about the insights and the problems that you’re able to solve,” Hong tells CCC’s Chris Kenneally. “From a product standpoint and from a customer standpoint, it’s about asking the right questions and then really deeply understanding how this information can provide value to the customer, not only just mining the data that currently exists.”
Hong points out that the data itself is useless unless it has been produced correctly. That means asking the right questions and using the best technology available to find meaning in the massive collections of information possible to collect. Hong suggests that it is time for publishers to seize on the market created by Big Data.
Chelsea Kerwin, March 22, 2016
Sponsored by ArnoldIT.com, publisher of the CyberOSINT monograph
ISIS Exploits User-Friendly Encryption Apps to Plan and Recruit
March 21, 2016
The article on Discovery News titled ISIS Taps Dark Web, Encryption Apps to Coordinate discusses the news that ISIS orchestrated the Paris terrorist attacks using encrypted messaging apps. The big social media companies like Google and Facebook enable an encryption method they call “perfect forward secrecy,” which lacks any sort of master key or backdoor. The article explains other systems,
“Extremist groups are even using messaging services found on Play Station 4 gaming consoles, a favorite of young male jihadis who particularly like “Call of Duty,” according to Steven Stalinsky, executive director of the Middle Eastern Media Research Institute, a group that monitors social media by extremist groups…Of particular concern is Telegram, a relatively new instant messaging app designed in Russia that has recently been upgraded to allow more secure communications by groups.”
The article points out that most of these techniques are intuitive, designed for regular people. Their exploitation by ISIS is due to their user-friendliness and the difficulty of interception. Rather than trying to crack the codes, some analysts believe that reverting to good old-fashioned methods like spies and informants may be the best answer to ISIS’s use of Western technology.
Chelsea Kerwin, March 21, 2016
Sponsored by ArnoldIT.com, publisher of the CyberOSINT monograph
Sci Hub May Be Relegated to Dark Web Only
March 18, 2016
Academics are not done with innovating when it comes to the dissemination of free knowledge. Science Alert recently published Researcher illegally shares millions of science papers free online to spread knowledge. The article details Sci-Hub, an online service opened up by a researcher in Russia offers free access to more than 48 million journal articles, which is almost every peer-reviewed paper in existence. Additionally, it describes how Elsevier has sued Sci-Hub. The article summarizes how Sci-Hub works,
“The site works in two stages. First of all when you search for a paper, Sci-Hub tries to immediately download it from fellow pirate database LibGen. If that doesn’t work, Sci-Hub is able to bypass journal paywalls thanks to a range of access keys that have been donated by anonymous academics (thank you, science spies). This means that Sci-Hub can instantly access any paper published by the big guys, including JSTOR, Springer, Sage, and Elsevier, and deliver it to you for free within seconds. The site then automatically sends a copy of that paper to LibGen, to help share the love.”
What is fascinating about this case is that whether Elsevier or Sci-Hub wins, there may still be a means for Sci-Hub to continue offering unlimited journal access. As other articles on this subject have alluded, the founder of Sci-Hub sees its relegation to the Dark Web as its worst-case scenario.
Megan Feil, March 18, 2016
Sponsored by ArnoldIT.com, publisher of the CyberOSINT monograph
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