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Weak Password Allowed Hackers To Sink a 158-Year-Old Company

2 weeks 5 days ago
An anonymous reader quotes a report from the BBC: One password is believed to have been all it took for a ransomware gang to destroy a 158-year-old company and put 700 people out of work. KNP -- a Northamptonshire transport company -- is just one of tens of thousands of UK businesses that have been hit by such attacks. Big names such as M&S, Co-op and Harrods have all been attacked in recent months. The chief executive of Co-op confirmed last week that all 6.5 million of its members had had their data stolen. In KNP's case, it's thought the hackers managed to gain entry to the computer system by guessing an employee's password, after which they encrypted the company's data and locked its internal systems. KNP director Paul Abbott says he hasn't told the employee that their compromised password most likely led to the destruction of the company. "Would you want to know if it was you?" he asks. "We need organizations to take steps to secure their systems, to secure their businesses," says Richard Horne CEO of the National Cyber Security Centre (NCSC) -- where Panorama has been given exclusive access to the team battling international ransomware gangs. A gang of hackers, known as Akira, broke into the company's system and demanded a payment to restore the data. "The hackers didn't name a price, but a specialist ransomware negotiation firm estimated the sum could be as much as 5 million pounds," reports the BBC. "KNP didn't have that kind of money. In the end all the data was lost, and the company went under."

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Advanced Version of Gemini With Deep Think Officially Achieves Gold-Medal Standard at the International Mathematical Olympiad

2 weeks 5 days ago
An anonymous reader shares a blog post: The International Mathematical Olympiad is the world's most prestigious competition for young mathematicians, and has been held annually since 1959. Each country taking part is represented by six elite, pre-university mathematicians who compete to solve six exceptionally difficult problems in algebra, combinatorics, geometry, and number theory. Medals are awarded to the top half of contestants, with approximately 8% receiving a prestigious gold medal. Recently, the IMO has also become an aspirational challenge for AI systems as a test of their advanced mathematical problem-solving and reasoning capabilities. Last year, Google DeepMind's combined AlphaProof and AlphaGeometry 2 systems achieved the silver-medal standard, solving four out of the six problems and scoring 28 points. Making use of specialist formal languages, this breakthrough demonstrated that AI was beginning to approach elite human mathematical reasoning. This year, we were amongst an inaugural cohort to have our model results officially graded and certified by IMO coordinators using the same criteria as for student solutions. Recognizing the significant accomplishments of this year's student-participants, we're now excited to share the news of Gemini's breakthrough performance. An advanced version of Gemini Deep Think solved five out of the six IMO problems perfectly, earning 35 total points, and achieving gold-medal level performance.

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Former Google CEO Tells Workers: Turn Off Your Phone To Focus

2 weeks 5 days ago
Eric Schmidt, Google's former CEO, has a simple suggestion for young workers struggling to focus at work or relax: turn off your phone. Schmidt told the "Moonshots" podcast that researchers "can't think deeply" when their phones keep buzzing with notifications. The tech veteran, who spent 10 years running Google and helped build Android's notification system, admitted the industry has worked to "monetize your attention" through constant ads and alerts.

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