Episode #283: Edwin Kwan: Australian Banks Begin Blocking Transfers to Suspect Accounts; Katy Craig: Google’s Cybersecurity Forecast: The Growing Influence of AI; Hillary Coover: Hacker's Haven: Cocaine Infiltration Unveiled in Europe's Biggest Ports; Marcel Brown: This Day in Tech History

It's 5:05! Daily cybersecurity and open source briefing

Nov 29 2023 • 13 mins

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The stories we’re covering today.

Marcel Brown:  November 29th, 1972. Atari introduces their first product, Pong, which would become the world's first commercially successful video game. Nolan Bushnell installed the game at Andy Capp's Tavern in Sunnyvale, California on this day. There were 10,000 machines installed within four months.

Edwin Kwan: In 2023, Australians suffered over $400 million in losses due to scams. The actual figure is believed to be much higher considering under reporting. Australian banks have yielded to pressure from consumer groups and pledged to enhance efforts against scams by implementing technology to block transfers to suspicious accounts.

Hillary Coover: As more and more cocaine is sneaking into Europe, big ports like Rotterdam and Antwerp are facing cybercrime aiding smuggling operations. In a shocking expose, the intricate web of criminal infiltration into Europe's major ports is revealed.

Katy Craig: Google's latest cybersecurity forecast presents a concise yet comprehensive look at the emerging cyber landscape for 2024. This report from Google underlines the urgent need for advanced AI-integrated cybersecurity measures to combat these evolving threats and safeguard digital ecosystems in 2024 and beyond.

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