AI's advancements are poised to make uncovering malfeasance significantly more efficient and reliable, transforming the landscape of fraud detection and prevention.
This controversial email from Mark Zuckerberg to Facebook execs just got leaked. Here's everything you need to know: Facebook established a secret internal operation with the aim of understanding how its users were interacting with its competitors. Named "Project Ghostbusters", with reference to Snapchat’s ghost-like logo, Facebook wanted to figure out a way to analyse encrypted app traffic from users of Snapchat. Facebook installed so-called 'kits' (using Onavo, a VPN-like service that Facebook acquired in 2013) on its users iOS and Android devices, which allowed Facebook to read network traffic before it got encrypted and sent to Snapchat's servers. Facebook expanded the tactic, commonly called a "man-in-the-middle attack", to Amazon and YouTube. Not all execs agreed that "Project Ghostbusters" was a good idea. In another leaked email exchange, Pedro Canahuati, then-head of security engineering said: "I can’t think of a good argument for why this is okay. No security person is ever comfortable with this, no matter what consent we get from the general public. The general public just doesn’t know how this stuff works.” Wild! 👀