Are you fond of the Netflix series “Money Heist?” Do you sometimes wonder if there are real-life attempts to rob central banks? The Government Pension Fund of Norway, which is the world’s largest sovereign wealth fund, deals with three intrusion attempts each day and no less than 100,000 computer attacks per year. Central bankers have been taking cybersecurity seriously as they become the prime targets of hackers. Since 2020, banks have increased their budget for cybersecurity and improved employee training as a preventative strategy against hacking attempts. Read full article here
Societal Issues
To curb drug deaths, communities turn to Reddit, texts and wastewater
With drug overdose deaths on the rise, authorities are attempting to curb the epidemic by tracking and sharing information in real time. In one unique effort, a nonprofit in New York City is using drug-testing equipment and stamping or marking habits of dealers to identify drug batches that may endanger users. Other approaches are also being used, such as monitoring drug-related chatter on Reddit and analyzing local wastewater for opioid and other drug levels. With the combination of these efforts, researchers hope to put a dent in the opioid crisis and reduce overdose deaths. Read full article here