Fraud Prevention: Combating The Rise Of Deepfake & Image Manipulation
(Forbes, Nov 18, 2024)
Traditional methods of verification, such as static photo checks or basic biometric scans, may no longer provide adequate protection. As a result, fraud detection and prevention teams must adopt a proactive, multifaceted approach to defend against these new threats effectively. The focus must shift from solely reactive measures, detecting and mitigating fraud after it occurs, to building resilient, anticipatory defenses that can keep up with and even outpace the ingenuity of fraudsters.
Bunnings Breached Privacy Laws by Using Facial Recognition on Customers, Commissioner Finds
(ABC News (Sydney), Nov 18, 2024)
Kmart said using the technology to prevent criminal activity was legitimate. The Privacy Commissioner gave consideration to the security benefits, but ultimately decided it didn't justify the invasion of privacy.
Data and Security Have Become Key Competitive Advantages for All Retailers
(Inside Retail, Nov 18, 2024)
According to Yeo, retailers can use computer vision to identify a customer’s age or demographic range. For example, it may detect a teenager looking for a particular item in a store, and AI can use that information to change a digital display to highlight the categories that customers might like or a special offer. A retiree might be looking for something different, so again, computer vision could detect that and dynamically change the displays in the store.
Responsible AI: Researchers Put Forth Framework to Assess Datasets 'Responsibility' in Project
(ET CIO.com, Nov 18, 2024)
New Delhi, Hoping to address concerns about bias in AI results, researchers from IIT Jodhpur have developed a framework to score datasets on the 'fairness, privacy and regulatory' scale for use in algorithms in the Indian context. AI experts have consistently voiced concerns around the use of western datasets in developing AI-systems. These tend to induce a bias in results, possibly rendering the system ineffective for the Indian context. "If I were to build a face recognition system specifically for India, I would prioritise using datasets that reflect the unique diversity of facial features and skin tones found here, rather than relying solely on datasets developed in the Western world.
Federal Judge Dismisses BIPA Suit Citing Revised State Law
(Chicago Law Bulletin, Nov 18, 2024)
A clarification to Illinois’ biometric data privacy law made by state lawmakers earlier this year limits the size of damages that can be claimed in lawsuits over Biometric Information Privacy Act violations, a federal judge ruled last week.It’s an early indication that the courts are willing to apply a recent amendment to the biometric privacy law — once viewed as the strongest in the nation — to cases that are already in progress.Northern District of Illinois Judge Elaine Bucklo threw out a lawsuit on Nov. 13 filed by …
