Tag Archives: data

A Pathway To Trusted AI

November 13, 2024 The Silo Leave a comment

Artificial Intelligence (AI) has infiltrated our lives for decades, but since the public launch of ChatGPT showcasing generative AI in 2022, society has faced unprecedented technological evolution.

With digital technology already a constant part of our lives, AI has the potential to alter the way we live, work, and play – but exponentially faster than conventional computers have. With AI comes staggering possibilities for both advancement and threat.

The AI industry creates unique and dangerous opportunities and challenges. AI can do amazing things humans can’t, but in many situations, referred to as the black box problem, experts cannot explain why particular decisions or sources of information are created. These outcomes can, sometimes, be inaccurate because of flawed data, bad decisions or infamous AI hallucinations. There is little regulation or guidance in software and effectively no regulations or guidelines in AI.

How do researchers find a way to build and deploy valuable, trusted AI when there are so many concerns about the technology’s reliability, accuracy and security?

That was the subject of a recent C.D. Howe Institute conference. In my keynote address, I commented that it all comes down to software. Software is already deeply intertwined in our lives, from health, banking, and communications to transportation and entertainment. Along with its benefits, there is huge potential for the disruption and tampering of societal structures: Power grids, airports, hospital systems, private data, trusted sources of information, and more.

Consumers might not incur great consequences if a shopping application goes awry, but our transportation, financial or medical transactions demand rock-solid technology.

The good news is that experts have the knowledge and expertise to build reliable, secure, high-quality software, as demonstrated across Class A medical devices, airplanes, surgical robots, and more. The bad news is this is rarely standard practice.

As a society, we have often tolerated compromised software for the sake of convenience. We trade privacy, security, and reliability for ease of use and corporate profitability. We have come to view software crashes, identity theft, cybersecurity breaches and the spread of misinformation as everyday occurrences. We are so used to these trade-offs with software that most users don’t even realize that reliable, secure solutions are possible.

With the expected potential of AI, creating trusted technology becomes ever more crucial. Allowing unverifiable AI in our frameworks is akin to building skyscrapers on silt. Security and functionality by design trump whack-a-mole retrofitting. Data must be accurate, protected, and used in the way it’s intended.

Striking a balance between security, quality, functionality, and profit is a complex dance. The BlackBerry phone, for example, set a standard for secure, trusted devices. Data was kept private, activities and information were secure, and operations were never hacked. Devices were used and trusted by prime ministers, CEOs and presidents worldwide. The security features it pioneered live on and are widely used in the devices that outcompeted Blackberry.

Innovators have the know-how and expertise to create quality products. But often the drive for profits takes precedence over painstaking design. In the AI universe, however, where issues of data privacy, inaccuracies, generation of harmful content and exposure of vulnerabilities have far-reaching effects, trust is easily lost.

So, how do we build and maintain trust? Educating end-users and leaders is an excellent place to start. They need to be informed enough to demand better, and corporations need to strike a balance between caution and innovation.

Companies can build trust through a strong adherence to safe software practices, education in AI evolution and adherence to evolving regulations. Governments and corporate leaders can keep abreast of how other organizations and countries are enacting policies that support technological evolution, institute accreditation, and financial incentives that support best practices. Across the globe, countries and regions are already developing strategies and laws to encourage responsible use of AI.

Recent years have seen the creation of codes of conduct and regulatory initiatives such as:

Canada’s Voluntary Code of Conduct on the Responsible Development and Management of Advanced Generative AI Systems, September 2023, signed by AI powerhouses such as the Vector Institute, Mila-Quebec Artificial Intelligence Institute and the Alberta Machine Intelligence Institute;
The Bletchley Declaration, Nov. 2023, an international agreement to cooperate on the development of safe AI, has been signed by 28 countries;
US President Biden’s 2023 executive order on the safe, secure and trustworthy development and use of AI; and
Governing AI for Humanity, UN Advisory Body Report, September 2024.

We have the expertise to build solid foundations for AI. It’s now up to leaders and corporations to ensure that much-needed practices, guidelines, policies and regulations are in place and followed. It is also up to end-users to demand quality and accountability.

Now is the time to take steps to mitigate AI’s potential perils so we can build the trust that is needed to harness AI’s extraordinary potential. For the Silo, Charles Eagan. Charles Eagan is the former CTO of Blackberry and a technical advisor to AIE Inc.

Travel

Ferry Travelling In Europe Is Very Popular For Summer- Here Are Costs

July 12, 2024 The Silo Leave a comment

Far from the stress of crowded airports or stations, ferries allow you to travel in comfort while taking your time.

Our friends at Vivanoda, a web platform that enables all travelers to find ferry, bus, train and plane tickets, wanted to launch a major study into ferry prices in Europe in order to gain a better understanding of the variations in ferry ticket prices according to a number of criteria (destination country, distance, seasonality, etc.).

Fortunately for those of us interested in a Europe trip that includes ferrying, they have analyzed tens of thousands of ferry fares on hundreds of routes in Europe, as well as crossings to Turkey and the Maghreb countries (Morocco, Algeria, Tunisia), to get as exhaustive a picture as possible. If you enjoy comparing prices using graphs you are going to want to keep reading…

It’s not difficult to understand the appeal of Ferry travel- leisurely comfortable rides with great views.

Here are the key points highlighted by this study at European level:

Ferry crossings to Tunisia, Lithuania, Latvia, Poland and Sweden have the lowest price index.
Conversely, ferry crossings to Turkey, the UK and Morocco have the highest price indexes.
Connections between Greece and Turkey and those between Morocco and Spain are proportionally the most expensive in Europe.
Connections between Germany and Lithuania or Latvia are the least expensive in relation to the distance travelled.
The shorter the crossing, the more expensive it is.
Across Europe, prices are higher on average from July to September. They are also slightly higher at weekends.

For The Silo, Nicolas Pellier.

About Vivanoda
Vivanoda is a web platform that makes it easy to find ferry, train, bus and plane tickets for travel in Europe. Launched in 2013, the site has received awards from the European Commission, the International Union of Railways and the Groupama insurance group.

Sci-Tech

AI Governance Alliance Calls for Inclusive Access to Advanced Artificial Intelligence

January 18, 2024 The Silo Leave a comment

Finance

5 Tools to Facilitate the Management of your Business

February 25, 2023 The Silo Leave a comment

Running a business can be a challenging task, especially when you are dealing with multiple tasks and responsibilities at the same time. Fortunately, many tools can help streamline your business operations and make management much easier. In this article, we will take a look at five such tools that can help you manage your business more efficiently.

A personalized ERP

ERP stands for Enterprise Resource Planning, and you may opt for an ERP business application. It is a type of software that helps businesses manage their day-to-day operations by integrating and automating various business functions, such as finance, accounting, inventory, sales, and human resources, into a single system. ERP software provides real-time visibility into all business processes, enabling businesses to make informed decisions based on accurate data.

Slack

Slack is a communication tool that helps teams collaborate more effectively. It allows you to create channels for different projects or teams, which you can use to share files, send messages, and hold virtual meetings. Slack integrates with many other tools, such as Trello and Google Drive, making it an ideal choice for businesses that rely on multiple tools for their operations.

Google Analytics

Google Analytics is a powerful tool that allows you to track and analyze your website’s performance. It provides valuable insights into your website’s traffic, such as where your visitors are coming from, what pages they are visiting, and how long they are staying on your site. This information can help you optimize your website and improve your online presence.

QuickBooks

QuickBooks is an accounting software that can help you manage your finances more effectively. It allows you to track income and expenses, create invoices, and manage payroll. QuickBooks also integrates with many other tools, such as Trello and Google Sheets, making it easy to manage your finances and other business operations from a single platform.

HubSpot

HubSpot is an all-in-one marketing, sales, and customer service platform that can help you manage your business more efficiently. It includes a CRM (customer relationship management) tool, email marketing, social media management, and much more. HubSpot’s powerful tools can help you automate your marketing and sales processes, and improve your customer engagement.

Trello

Trello is a project management tool that helps teams collaborate and stay organized. It is a visual tool that lets you organize your projects into boards and lists, with cards for each task. You can assign tasks to team members, set due dates, and track progress. Trello is great for managing projects of all sizes, from small tasks to large, complex projects.

Managing a business can be overwhelming, but with the right tools, it can be much easier. ERP, Trello, Slack, Google Analytics, QuickBooks, and HubSpot are just a few of the many tools available that can help you manage your business more efficiently.

By using these tools, you can streamline your operations, improve communication, track performance, manage finances, and much more. So, give these tools a try and see how they can help you manage your business more effectively. For the Silo, Bill Gordon.

Finance

7 Serious Tips for Better Bookkeeping in Canada

February 20, 2023 The Silo Leave a comment

Bookkeeping is tedious for most business owners unless you are a seasoned accountant or a fan of working with numbers. That is because businesses have a lot of financial details that need to be recorded, for instance, which supplier should be paid, outstanding customers, equipment to buy, significant purchases to make, and more. Without an accounting and bookkeeping system, you may lose essential business data, miss important goals, or make uninformed decisions that may affect your company’s finances.

Proper money-handling strategies are integral in any business as it helps you keep track of your long-term goals, improve your profits, and streamline seasonal cash flow changes. In addition, it will help your business stay out of trouble with the Internal Revenue Service or IRS.

By adopting good bookkeeping habits, you can avoid costly errors when it comes to record keeping. You can opt to have an in-house team to handle all your bookkeeping services, but this can be un-economical for small business owners. To save on cost, you can work with a bookkeeping agency, which often offers professional online and virtual services in Canada at very fair rates.

Here are seven tips for better bookkeeping for businesses in Canada.

Separate Your Business and Personal Finances

If you are a sole business owner, you should learn to separate your personal and business accounts. This will help you maintain records of every business and personal spending and help you keep the boundary to alleviate eating into the business growth finances.

For limited liability companies, the business is a separate entity from you, and your finances should be kept separate. That means you need to know which assets belong to the business and which are yours. By eliminating all personal transactions from the business accounts, you will lower the number of transactions the bookkeeper needs to categorize and reconcile. Additionally, your tax preparation and filing process will be seamless. You can find a bookkeeper in Canada to help you separate your accounts and provide outsourced business and personal bookkeeping services.

Control Your Business Credit

One of the common signs of an insolvent business is the inability to make payments promptly. The company may need better credit scores, lack of funding, or challenges in fulfilling its working capital needs.

When your business depends on bank financing to fund everyday operations, you will need help to pay back your high-interest debt. Therefore, you need to do due diligence before taking external funding.

You should set strict deadlines for your clients to pay what they owe and consider blocklisting repeat offenders that are taking advantage of you. Eliminate any late payments, as it is just like an interest-free loan. Your business may quickly become a cash-flow crisis if you lack rigorous credit control.

Track Business Expenses

Business expenses may be claimed against tax; therefore, tracking them is crucial if you want to cut overhead and maintain a healthy cash flow. You should always use a business credit card and keep records of expenses based on business activity.

Categorizing your expenses can be crucial, especially when your business is undergoing an CRA audit. The numbers on tax returns are often estimates, and these records help offer supporting evidence. Always remember that even trivial expenses will add up, and having records of everything can be helpful in the long run.

Overspending negatively affects any business; hence, keeping track of your expenses will ensure you track all your expenditures. Always remember that every dollar that you spend takes the business one step away from making a profit. Therefore, when running a business, keep a close watch on all your expenses, understand the benefit you gain from each expense, and document everything carefully. With outsourced online bookkeeping services, you can keep track of all your business expenses and maintain good records.

Schedule Routine Bookkeeping Times

As a business owner, you are handling many things at once, which can eat into the time you can use to monitor your financial record books.

The best way to keep your accounts is by consistently scheduling times to balance your books or working with a bookkeeping company in Canada. You can set aside time when your credit card statement is due and check through your monthly transactions to ensure everything is accurate. Although this task will take about one or two hours, it will simplify your life during the tax season by making tax preparation and filing much more effortless.

Create Budgets For Your Expenses And Set Financial Goals

Planning for business expenses, especially significant purchases, can help you best utilize your business resources and credit while giving you the peace of mind you need. Setting up and reviewing business budgets is directly related to the success of your business.

According to research, small businesses that regularly review their budgets on a weekly, monthly, and annual basis have success rates of 95%, 75%, and 25%, respectively. Therefore, if you want your business to succeed, you must have relatively high unused credit balances. In addition, you should also ensure your budget is monitored regularly, understand the benefits of using credit for your company, and be able to earmark the right amount of business payroll expenses.

Automate Manual Processes

One of the best accounting tips for growing businesses and start-ups is automating routine bookkeeping. Most accounting and bookkeeping activities are repetitive, and automating them will make your work easier and seamless.

Some repetitive bookkeeping processes you can automate include paying employees’ salaries monthly, following up on late invoices, and tracking invoices you send to customers. In addition, you can also automate the calculation of mileage payments for employee reimbursements and document utility bills in a central database.

Business owners can make life much easier by utilizing unified accounting project management solutions to help track expenses, automatically send invoices, and generate customized reports.

Consider Hiring a Tax Accountant

Investing in a seasoned tax accountant near me can be valuable for your business, even if the professional commits just a few hours every week or month to work on your small business bookkeeping and accounting needs.

A certified bookkeeper will record income and expenses and categorize them for a specified period. Conversely, a chartered accountant will help file your business taxes and set up your business’s accounting backbone. A reputable bookkeeping company will have certified tax consultants near me ready to assist you.

With an expert bookkeeper or chartered accountant handling all financial tasks, business owners can focus entirely on their business to attract customers and satisfy existing clients. They can also develop new products and services and grow their business.

Final Thoughts

Bookkeeping is a necessary evil that businesses cannot escape because almost everything depends on it. With an accurate and robust accounting system, you will get information about the business’s cash flow, performance, and financial condition, and it will help you make informed financial decisions. With the tips mentioned above in mind, you can ensure your small business bookkeeping records are available and can make better decisions for your business. You can also eliminate the headache of bookkeeping by outsourcing this function to a certified bookkeeper to help you out. Having a safe pair of skilled hands providing bookkeeping services for small businesses will give you, as the business owner, the confidence and freedom to lead from the front by focusing more on growing your business.

Gaming

Why You Keep Getting Disconnected From Online Games

November 19, 2022 The Silo Leave a comment

It’s almost impossible to play a video game anymore without having to be online. Even single player games on consoles like the Playstation 4, 5 or Xbox One often require you to be connected in order to receive updates or be a part of leaderboards.

The problem with this is that if you don’t have a strong internet connection, then you could be constantly disconnected from your game without meaning to. This can be especially problematic for games meant to be played online like Fortnite or League of Legends.

One minute you’re happily in game and the next you’re disconnected and you’ve lost the match. This can seriously affect your gameplay which is why it’s important that you’re paying more attention to the kind of internet you have as well as who is providing it.

Choose the Right Provider

People often think that as long as they spend the big bucks for a decent computer rig or for a next gen console that they’ll be able to play their games without interruption. In the process, many forget the importance of having a reliable internet connection with a decent amount of bandwidth as well as upload and download speeds.

If you’re looking for unlimited usage with great upload and download speed options, you should check out internet packages in Canada from Poynt 360 for the best deals. They offer FTTN (fiber to the node) as well as cable packages that are both affordable and ideal for gamers.

FTTN stands for fiber to the node (or neighbourhood) and is the term used to describe providing internet to homes using fiber optic lines as opposed to traditional copper wires. Broadband connection and other data services are delivered to a common network box (often referred to as a node), and from there these services are delivered to individual destinations like your home.

One disadvantage of FTTN is that it is not available yet in every neighbourhood, so you may not have this option to begin with. You will need to check with your preferred service provider first to see they have fiber optic wiring in your area.

If You Can’t Get FTTN

If you can’t get FTTN in your neighbourhood you should still be able to get an internet package with cable that works for you. Though it’s possible to experience slowdowns using cable internet, you won’t be likely to notice them, especially if you get packages with the right speeds.

For instance, if you’re a gamer who also likes to stream, check out the option for 75 Mbps download and 10 Mbps upload speeds. If you have a large family, consider going higher with your download speeds at 150 Mbps.

Flexible, Affordable Options

When it comes to choosing your internet provider you might be tempted to go with one of the big guys, but they rarely have your best interests at heart. Consider signing up with a third-party provider who can get you the best deals and who will help you choose the best package for all your gaming needs.

Earth

How Cell Phone Behavioral Data Can Help Save Our Planet

August 27, 2022 The Silo Leave a comment

Zurich, Switzerland- A report from a few years ago deserves a second look. That study demonstrated how leveraging mobile network data can estimate levels of carbon emissions and air pollution in cities, an approach that could substantially reduce the cost of implementing the Paris Agreement.

The study analyses mobility patterns derived from mobile network data to estimate the usage of different transport modes within a city and derive conclusions about the respective pollution they cause.
This innovative methodology allowed scientists to estimate the concentration of air pollutants in urban areas with up to 77% accuracy.
The method could provide a scale-able and cost effective way to help understand and combat greenhouse gas (GHG) emissions in cities worldwide.

Big data analytics company and ETH Zurich spin-off Teralytics, Telefónica NEXT and sustainability solution provider South Pole Group conducted the study in Nuremberg, Germany and revealed the analysis of mobile network data is an effective way to estimate CO2 and NOX emissions in urban areas at very low cost. To achieve this, Teralytics examined aggregated and anonymized data, which is generated when mobile devices communicate with Telefónica’s mobile communication cells during user calls, text messages or while using phones to browse the internet. Teralytics was able to refine this raw data into human mobility patterns to understand how the different modes of transport, for instance trains or cars, are frequented. Combining this information with data on the emissions of the different transport modes, the three entities were able to estimate air pollution and GHG emissions in the city.

As each form of transportation produces a unique amount of CO2 and NOX emissions, understanding urban mobility patterns is vital to understand the source of emissions. The study in Nuremberg used this information to estimate with up to 77 per cent accuracy the concentration of air pollutants in the city. These findings encourage further exploration of how big data can be used to understand and ultimately solve environmental issues such as air pollution in cities across the world. This is particularly interesting with regards to the lower cost of analyzing and interpreting data compared to the higher cost of production and maintenance of elaborate measuring stations. The novel approach could thus allow an ongoing analysis on a nationwide scale.

“While our contemporary urban lifestyles result in the generation of harmful greenhouse gasses, it also generates large amounts of behavioural data. Our mission at Teralytics is to use this data for the benefit of society,” says Georg Polzer, CEO of Teralytics. “Our findings from Nuremberg showed that this data can be used to give city planners insights into how human mobility contributes to pollution. This is a vital part to efficiently design and implement clean air and low carbon strategies. We are looking forward to further exploring this opportunity.”

Using a three-level process, the fully anonymized and aggregated data was first transformed into movement flows by the data scientists at Teralytics, identifying over 1.2 million transportation routes during the analyzed time period, as depicted in Figure 2. The sustainability solution expert South Pole Group then used an atmospheric model to estimate air pollution levels caused by the usage of the different modes of transportation, taking into account meteorological data and information on the respective traffic carriers’ emission levels from the German Federal Ministry for the Environment (BMUB). In the third step, the accuracy of the method was examined by comparing the findings with existing data from air pollution measuring stations. The values measured at these stations were found to correlate up to 77 per cent with those from the Teralytics’ calculations.

The results of this pilot study in Nuremberg constitute a sound basis to further develop the methodology.

Following its success, the consortium was able to secure financial support from Climate KIC’s Low Carbon City Lab (LoCaL), an initiative that brings together cities, business, academia and NGO’s to deliver high environmental and societal impact. With this backing, the research partnership will expand and improve the methodology, focusing on short travel routes and taking into account local emission factors like airports, large-scale events, and types of vehicles on the road (i.e. electric cars and SUVs). Moreover, the influence of factors such as traffic jams and red lights will be taken into account in order to make even more accurate estimations of the air pollution levels in a city.

“The results from this pilot study exceed our expectations,” says Maximilian Groth, responsible for Business Development & Partnerships at Teralytics. “We are confident that we will soon be able to scale this product to cities worldwide to support urban planners in making our air cleaner and achieving the goals of the Paris Agreement at the lowest possible cost.”

This research follows other successful studies on usage of mobile network data, including a smart data analysis for transport in Stuttgart by Teralytics, Telefónica Germany, and Fraunhofer IAO.

“Approximately 70 per cent of global greenhouse gas emissions are generated in cities, meaning that they play a key role in climate protection. We see great potential in the use of continuously generated data, such as mobile network data, to measure and reduce pollution levels in cities.” States Renat Heuberger, CEO of South Pole Group.

Florian Marquart, Managing Director of Telefónica NEXT for Advanced Data Analytics: “The pilot project in Nuremberg has clearly shown the specific added value of anonymised mobile network data for the environment. This is data from people for people. We see great potential in the results and will start the next phase of our research. The goal is to develop a product that German cities, German states and the German federal government can use to better face the challenges of emissions pollution”. For the Silo, Ricky Sutton.

About Teralytics

Teralytics is the trusted data analytics partner for some of the largest telecom operators in North America, Europe and Asia. Using technology built for operators by data scientists, they have perfected the ingestion, modelling and transformation of raw signals from subscriber actions and movements on operator networks to deliver meaningful and actionable insights, that delivers new value to our mobile operator partners. By unlocking and processing a massive scale of device movement and consumer intelligence data from location and behavioral signals, they can analyze people, places and things and offer actual insights to help city planners, venue owners, retailers, NGOs and media companies make informed decisions, optimize operations and maximize ROI. Headquartered in Zurich, Teralytics has offices in New York, and Singapore.

Sci-Tech

Artificial Intelligence Or AI Is Set To Take Over Many Industries

December 11, 2019 The Silo Leave a comment

Is there any question that Artificial Intelligence, or “AI”, is going to play a huge role in the future? The short answer is no- it’s already playing a large part today, so let’s delve into this new tech and look at how it is benefiting the energy sector and what we can expect to see from this AI phenomenon in the not so distant future.

Sci-Tech

New Millennial Trading App White Shark

June 26, 2018 The Silo Leave a comment

Toronto, ON — White Shark Fintech, Inc. (the “Company”) a revolutionary free artificial intelligence based trading platform that flourishes in volatility and allows its users to better control their assets, including crypto-currencies, launched recently across Canada. A popular tool among young traders looking for simple ways to buy and sell crypto-currencies, the app has created a waiting list to manage user demand.

The free-to-use app takes speculation out of trading by employing high performance algorithms that signal a user when markets for particular securities, including cryptos, are likely “over bought” or “over sold”. With White Shark users no longer have to guess or rely on self proclaimed experts about the price at which they buy or sell cryptos and other securities.

“Fintech companies, like White Shark, that engage millennials have earned multi billion dollar valuations. With the growing hunt for millennial assets and engagement with other apps, we decided to make the White Shark experience fun, empowering and engaging – regardless of where they hold their assets.” said founder and chairman Marc Wade, “White Shark is truly a user experience company engaging millennials in the capital markets when and where they want.”

“White Shark is a game changer.” White Shark app enthusiast Ryan Kesler of the Anaheim Ducks explains. “It’s so easy and fun to use. Buying and selling crypto has become part of my daily routine. There’s no guess work in making money – the accuracy of the algo trading is the only way to go.”

White Shark’s machine learning algorithms compile market data trends and price book movements into 4 gauges that work together to signal market movements. The app provides the user the ability to respond to changes in market conditions before other traditional indicators.

Now users no longer have to trade blind. Gdax (Coinbase), with over 11.9 million users, is one of the exchanges that can be connected to White Shark.

“So called “experts” have been making speculative and incorrect calls on bitcoin and other cryptos for too long.” Said CEO Stuart Shanus

Stuart Shanus CEO White Shark — Stuart Shanus

“Our free trading app isn’t based on speculation. It’s based on mathematical models and machine learning algorithms – and it should be the go-to app for investors whether they are buying and selling crypto-currencies, fiat currencies or equities.”

Investors using the White Shark app connect their preferred broker account including tCoinbase (gdax) , Kraken, Bitfinex, Poloniex and Hitbtc. For the Silo, Amy Saunders.

About White Shark

White Shark is a revolutionary free artificial intelligence based trading app that pairs investors with real time artificial intelligence (AI) to increase returns and mitigate risks. White Shark’s high performance algorithms have been used for 17 years by professional traders who have achieved exceptional returns.

Sci-Tech

Current State of Cybersecurity Doesn’t Work

June 14, 2018 The Silo Leave a comment

“You pay your money, as the saying goes, and you take your chances.” says Falkowitz, CEO of Area 1 Security. “More and more these days, it seems like this ‘policy’ is the rule rather than the exception, in everything from health care insurance to the commuter parking lot. Even though you’ve paid for the product or service, no one’s really responsible for some reason when you suffer damages while consuming whatever it is you bought. Or worse yet, you somehow find that whatever you bought doesn’t really do what you bought it for. And there’s an asterisk somewhere in the fine print to explain why. Unfortunately, nowhere is this more prevalent than in today’s cybersecurity industry.”

Despite the billions spent on cybersecurity we continue to suffer the most debilitating and expensive breaches imaginable, and some that cannot be imagined under any circumstances. Yet experts predict the worst is still to come. Cybercrime has moved from data theft and website defacement to a trajectory that includes data manipulation, data loss and eventually, if something is not done to change the economics of being a bad guy on the internet, threats to the stability of society itself.

“Cybersecurity companies seem to be content to collect their millions with the caveat that they can’t really offer protection in exchange,” continues Falkowitz. “Their customers likewise collect mountains of data on their customers and are appropriately contrite when that data is stolen or misused but the apology is not accompanied by compensation. Even the government can’t protect itself, or its citizens even if they’re attacked by another nation-state.”

The excuses and the explanations are familiar: Cybersecurity is too complicated. Hackers are too clever. Attacks are unprecedented.

“Nonsense. Every bit of it.” says Falkowitz. “Cybersecurity is no more complicated than hundreds of other things we do routinely, from sending astronauts into space or open heart surgery. Hackers are human, just more persistent about how to fool the rest of us. And attacks are based on the same tried and true methods—phishing—they’ve been using for decades.”

Oren J. Falkowitz is the co-founder and CEO of Silicon Valley’s Area 1 Security. Oren held senior positions at the NSA and United States Cyber Command (USCYBERCOM) where he focused on Computer Network Operations & Big Data and is a predominant cybersecurity industry thought-leader committed to keeping high-level national security conversations relevant. For the Silo, by Jennifer Vickery.

Supplemental- What exactly is phishing?

Sci-Tech

WatchBox App By Govberg Curates And Helps Source Watches

June 23, 2017 The Silo 2 Comments

In 2016, consumers spent an estimated $14.3 USD billion on gifts for Father’s Day alone, not to mention billions more on gifts for other occasions like birthdays and winter holidays. Traditional “guy gifts” include things like power tools and sporting event tickets. However, if you’re looking for a quintessential men’s gift that’s truly timeless, then you may want to turn to the WatchBox by Govberg app for an assist with what to get for the deserving dudes in your life.

This apt app serves as a resource for locating the exact gift-able watch he’s sure to love. Or, if you also enjoy beautiful timepieces, then this app can help you discover what’s currently available in the marketplace. Whether for yourself or as a gift for another, WatchBox by Govberg is an elegant and streamlined way to curate collection-worthy watches—something the folks behind this app know a great deal about. Established a century ago, Govberg Jewelers is a premier purveyor of luxury timepieces, known for their unrivaled offerings that include limited-production models by leading watchmakers; an extensive pre-owned inventory; and decidedly service-minded industry experts.

The app offers several different features a true timepiece enthusiast will find useful. This includes access to up-to-date news from the watch world. This information is gathered in real-time from all over the globe, aggregating and delivering articles and video reviews from a myriad of popular blogs and magazines devoted to Swiss watches, including all of the industry’s leading brands.

Users can also discover the worth of different watches. Whether you want to sell a watch, buy a new or pre-owned model, make a trade, or are just curious about what a new or used (secondary market) watch you own is currently selling for, the WatchBox by Govberg app boasts pricing tools like a database packed with information on over 80,000 watch models. This includes a 12-month price history for each. With this foundational and in-depth knowledge base, you can intelligently buy, sell, and trade luxury timepieces and generally communicate with other users—or even Govberg’s own watch buying experts—right from the app.

The advent of this app’s secondary market watch pricing tools, in particular, is significant. According to Danny Govberg, CEO of Govberg Jewelers, “Prior to the WatchBox by Govberg app, dialogue about the value of pre-owned watches wasn’t addressed elsewhere in a consistent, transparent manner; nor was it designed to support and educate the consumer. While manufacturers establish MSRPs for primary (new) watches, there was no resource, no Kelley Blue Book or Zillow, for the pre-owned, or secondary, market watch category to help consumers feel at ease. That changes with this app…For the first time in the watch category, Govberg is providing transparency into what pieces trade for on the secondary, or pre-owned, market.”

Quite fascinating is the proprietary algorithm the app uses to estimate and compute market value. Govberg explains, “It evaluates historical and active sales records spanning the secondary market–online sales platforms, auction sales and Govberg’s own data. The data represents final sales to end users, and is not an appraisal nor offer to buy, but rather an educated starting point to assess the secondary market value of a particular model. All pricing makes assumptions on the quality, service history and completeness of a timepiece with original box and paperwork. The data strength takes into account the number of data points captured, the variability of the prices seen on the secondary market, how current the data is and the quality of the source/vendor within the market.”

Impressively, this app will even store information and photos of your existing watch collection. This can be a useful tool to keep up with warranties, service history and to maintain a record for insurance purposes. Also of practical use, you can even schedule watch maintenance and repairs from within the app.

According to Govberg, “As more customers see watch ownership less about having a time-telling device and more as a hobby for collecting the world’s most intricate instruments, WatchBox by Govberg supports the growing watch enthusiast with instant access to valuable information so he can make the best decisions to begin, grow, trade or sell his collection.”

Relative to gift-giving, instead of spending hours upon hours hunting for an idea in general—or for a specific timepiece—that the recipient might like, you can simply turn to this easy-to-use tech. You’ll save time, money and the guesswork often involved in finding the perfect present for those “special someones.”

Govberg perhaps summarizes the usefulness of this technology best, noting, “Whether you want to keep up on the latest industry news and product releases, manage your watch collection for social sharing or insurance purposes, or buy, sell or trade a new or pre-owned watch, WatchBox by Govberg is the ultimate toolbox for today’s watch collector.”

The free WatchBox by Govberg app is available for download for iOS devices on the App Store and Android devices in the Play Store.

For The Silo, By Merilee Kern, ‘The Luxe List’ Executive Editor.

As the Executive Editor and Producer of “The Luxe List,” Merilee Kern is an internationally-regarded consumer product trends expert and hospitality industry voice of authority–a travel, dining, leisure and lifestyle expert who spotlights noteworthy marketplace innovations, change makers, movers and shakers. She identifies and reports on exemplary travel destinations and experiences, extraordinary events and newsworthy products and services across all categories. Reach her online at www.TheLuxeList.com, on Twitter at www.Twitter.com/LuxeListEditor, on Facebook at www.Facebook.com/TheLuxeList and on Instagram at www.Instagram.com/LuxeListReviews.

***Some or all of the accommodations(s), experience(s), item(s) and/or service(s) detailed above may have been provided or sponsored at no cost to accommodate this review, but all opinions expressed are entirely those of Merilee Kern and have not been influenced in any way.***

Sources:

https://nrf.com/media/press-releases/fathers-day-spending-reach-record-high-143-billion

Featured image & all photos courtesy of Govberg Watches.

Artificial Intelligence (AI) has infiltrated our lives for decades, but since the public launch of ChatGPT showcasing generative AI in 2022, society has faced unprecedented technological evolution.

Consumers might not incur great consequences if a shopping application goes awry, but our transportation, financial or medical transactions demand rock-solid technology.

So, how do we build and maintain trust? Educating end-users and leaders is an excellent place to start. They need to be informed enough to demand better, and corporations need to strike a balance between caution and innovation.

Far from the stress of crowded airports or stations, ferries allow you to travel in comfort while taking your time.

Here are the key points highlighted by this study at European level:

Here are seven tips for better bookkeeping for businesses in Canada.

Separate Your Business and Personal Finances

Control Your Business Credit

Track Business Expenses

Schedule Routine Bookkeeping Times

Create Budgets For Your Expenses And Set Financial Goals

Automate Manual Processes

Consider Hiring a Tax Accountant

Final Thoughts

Choose the Right Provider

If You Can’t Get FTTN

Flexible, Affordable Options

The results of this pilot study in Nuremberg constitute a sound basis to further develop the methodology.

Canada's 'biggest little blogspace'