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Top US Fuel Pipeline Operator Shuts Whole Network After Cyberattack

Top US Fuel Pipeline Operator Shuts Whole Network After Cyberattack Voice of America 09 May 2021, 04:05 GMT+10 NEW YORK - Top U.S. fuel pipeline operator Colonial Pipeline has shut its entire network after a cyberattack that industry sources said was caused by ransomware software. Colonial s network supplies fuel from U.S refiners on the Gulf Coast to the populous eastern and southern United States. The company transports 2.5 million barrels per day of gasoline, diesel, jet fuel and other refined products through 8,850 kilometers (5,500 miles) of pipelines, and it transports 45% of the East Coast fuel supply. The malicious software used in the attack was ransomware, two cybersecurity industry sources familiar with the matter said. Ransomware is a type of malware that is designed to lock down systems by encrypting data and demanding payment to regain access. The malware has grown in popularity over the last five years and is most often deployed by cyber-criminal groups.

Positive Tech Solutions will forge recovery: Global Technology Governance Summit Concludes

Date Time Positive Tech Solutions will forge recovery: Global Technology Governance Summit Concludes More than 2,000 leaders from 125 countries gathered to shape the trajectory of the Fourth Industrial Revolution Business leaders emphasized the importance of positive solutions that technology can bring to societal, climate and equity issues The summit’s conclusions will feed into platforms, initiatives, and projects for the upcoming Special Annual Meeting 2021 in Singapore For more information, visit www.weforum.org. Share on social media using the hashtag #GTGS21 Tokyo, Japan, 8 April 2021 – Global leaders back the need for more technology governance to tackle the most pressing global problems at the World Economic Forum’s inaugural Global Technology Governance Summit, which closed on Wednesday.

A fairer world requires fairer tech Here s why

Apr 7, 2021 In the decade ahead, a wave of technological solutions will touch and transform every part of our lives. These new solutions could either tackle existing problems or exacerbate them while creating others. As tech can scale both progress or harm, the time is now to shape the fair and responsible future we want to live in. The world faces a range of challenges regarding people (economic and social well-being) and the planet (climate and biodiversity). These problems are interconnected and at the top of leaders’ minds as they weigh future risks and opportunities. Connected risks and opportunities Innovation including emerging and frontier technologies is essential to scaling solutions to these problems. In Rwanda, for instance, there’s only one radiologist for every million people. At a time when AI-powered radiology assessments compare favorably to those from trained professionals, we have the capability to extend high-quality assessments to a wider p

The digital age needs a fresh injection of trust

Who do you trust? Most of us, if pressed to answer that odd yet supremely important question, would compose rather short lists. Our family members, maybe. A few close friends. In reality, though, we trust far more people than that. Total strangers, for example: “This taxi driver is competent behind the wheel and will take me where I want to go.” We trust faceless businesses: “This item I bought online will arrive in the mail as promised.” Though we often claim we don’t, we often trust the government whose regulators, courts and other instruments of authority are, after all, the ultimate guarantors of our safe taxi rides and properly fulfilled online purchases.

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