Judging by the muted response, the market is effectively assigning a near-zero probability on the threat of a war on the Korean peninsular. I think that is likely misguided. There is certainly very low probability of an US-initiated preemptive strike — the strength of the soft institutions in the US will guarantee that, regardless of … More The Real North Korean Threat?
Congratulations to the ACSRI-led team for winning $50-million in funding from the Department of Industry, Innovation and Science to set up a new Cyber Security Cooperative Research Centre in Australia. It’s great to see the Australian government putting resources into a key research area that is increasing in importance as the world becomes more and … More Cyber Security Cooperative Research Centre
I put together this simple mapping of corporate leaders as a half-joke last week. I think there’s something in it for everyone. (I’m an ex-consultant so naturally I think anything that requires more than two dimensions is unnecessarily complicating things. That’s another half-joke. :P) Joke aside, there is a serious dimension to the post. Much … More Organisational Psychopaths
Most data science projects are doomed to failure before they even start. There are a couple of reasons. The aspiring data scientist and management may be drawn to a sexy problem rather than an important problem. The full range of data required to do a complete analysis may be inaccessible or even non-existent. And even … More Agile Data Science: Qualifying Opportunities
In a previous post on the problem of detecting complex financial crimes, I described the following basic technology framework for financial intelligence units (FIUs) and their partner agencies and reporting entities (REs) to engage in collaborative but privacy-preserving and distributed risk modelling using confidential computing technologies. In this post, I describe a few concrete algorithms that … More Practical Algorithms for Distributed Privacy-Preserving Risk Modelling
Complex financial crimes are hard to detect primarily because data related to different pieces of the overall puzzle are usually distributed across a network of financial institutions, regulators, and law-enforcement agencies. The problem is also rapidly increasing in complexity because new platforms are emerging all the time that facilitate the transfer of value across a … More How to Quickly and Meaningfully Improve the Financial System’s Collective Ability to Detect Crimes