Wednesday, May 02, 2018

Walmart’s CEO earns 1,188 times as much as the company’s median worker

Daily chartDemocracy continues its disturbing retreat

Panama Papers figure added to FBI’s top ten most wanted - When the shoeshine boys are doing it, it’s time to move on ..

Tax Office targets $900m linked to 106 secret Credit Suisse accounts - Neil C's exclusive

ATO Forces Facebook & Google To Back Pay Millions In Taxes

 Greens march further left with release of its tax manifesto


It’s a hacker’s paradise out there’ BBC. Seems like PR for a new British security firm, but worth reading for that reason alone.

Walmart’s CEO earns 1,188 times as much as the company’s median worker CNN Money

TSB: How it all went so wrong for the bank BBC

Getting Fired by Martians - California Sunday MagazineSkip Pinterest if you’re trying to predict the future, and instead haunt the interior design blogs, runways, foodie blogs and graphic design journals. Learn how to recognize color trends at the home and hardware stores, especially in the paint aisle. Grab catalogs from home stores (the expensive ones that almost no one can afford--not the ones where you can buy last season’s gems at deep discounts). Using Trends to be a Leader 

Prudential Inquiry into the CBA – Executive summary
"How can this happen in a bank of CBA’s stature and sophistication?"

Crackdown plan on Scottish limited partnerships BBC (Richard Smith). Richard Smith: “Fame at last!”

Out of 50 top government information technology contractors, 49 aren’t completely securing their email systems against spoofing and phishing attacks, according to a study released Wednesday.

Reuters - April 22, 2018
Britain’s financial firms need to pull together to fight cyber crime, working with government and law enforcement to attack criminals’ infrastructure and put them out of business, a report by KPMG and industry body UK Finance said on Monday. The report argues the growing threat cyber crime poses to the financial sector cannot be countered just by spending more money, and that a revamped approach is needed. This includes working together and with governments and law enforcement to render the markets, tools and systems cyber criminals use ineffective, it said. “(That) imposes cost on them (the criminals), because they then have to reconstruct that botnet, those phishing sites,” said David Ferbrache, technical director and head of cyber and space at KPMG. “For us it’s very much a bit of a call to arms across the community ... There’s a lot more we can do,” he said. Some groups, such as the Cyber Defence Alliance, whose members include some of the world’s biggest banks, are already doing this, but different initiatives need to be linked up, report authors Ferbrache and Dan Crisp, interim director of technology and digital policy at UK Finance, told Reuters.

April 23, 2018
A NATO-backed group that’s designed to coordinate international cybersecurity efforts is getting two new members: Australia and Portugal. The two countries will join the Cooperative Cyber Defence Centre of Excellence (CCDCOE) based in Tallinn, Estonia, according to separate announcements on Monday. The organization acts as a think tank for the development of global cyber norms, cybersecurity training requirements and also helps communicate goals shared between different countries. “We are glad to welcome Portugal, another strong NATO Ally joining the Centre. CCDCOE offers a unique opportunity for all NATO Allies to practice together new interdisciplinary approaches in cyber defence,” Merle Maigre, director of CCDCOE, said in a statement. The CCDCOE is known for hosting cyber warfare training simulations that are intended to build relations between member countries.

An overlooked platform for misinformation

The influence of misinformation among Chinese-speaking immigrants in the United States offers important clues for how fake news is constructed and distributed, according to a new paper published by the Tow Center for Digital Journalism.

Chi Zhang found that, while many popular web hoaxes in the U.S. deal with jobs, the economy and healthcare, many hoaxes on WeChat — a popular messaging app among Chinese immigrants — deal with issues like affirmative action or illegal immigration. That disparity, as well as the low barrier to entry for new publishers, allows misinformation to go unchecked.

Research you can use

  • In a paper for the Knight Foundation, Syracuse University researcher Emily Thorson says fact-checking is unlikely to be effective unless fact-checkers know what their audiences do and don’t understand.
  • First Amendment enthusiasts typically believe the answer to false speech is more speech and that truth will triumph. Not necessarily so, says a Duke University professor.
  • New York University hoovers up current research on social media misinformation and identifies the “gaps” that still need to be studied.  

This is how we do it

  • New fact-checking collaborations launch in Sweden and in Africa, and a “fact-checking center” opens in Taiwan.
  • Here’s a short video tutorial from Poynter with tips for how to run a breaking news verification project.
  • Boom and SMHoaxslayer talk with India’s NDTV about fighting misinformation in a country where fake news can “spread like wildfire.”


This is bad

  • Sellers are using Facebook to get fake reviews on Amazon.
  • This student loan expert has been cited in publications like The Washington Post and The Boston Globe. There’s just one problem: He doesn’t exist.
  • In El Pais: Meet the “everyday Spanish people” whose lives have been ruined by the spread of misinformation.  

This is fun

  • This is how Van Morrison fights fake news.
  • Comedy Central’s Jordan Klepper will be interviewed by The Washington Post’s Jonathan Capehart tomorrow at a live event in D.C.
  • Sadly, there is no green moon, there was no green moon, and there will never be a green moon.
(U.S. Embassy Nairobi/Twitter via AP)

A closer look

  • People in Kenya are learning about fake news in their country — from the U.S. State Department.
  • Facebook’s project to fight nefarious political advertising went into effect this week. But Nieman Lab asks if Facebook can really “beat back fake news” in Ireland; and The Conversation has some advice for the platform in Canada.
  • At least two social platforms think they’ve got this fake news thing figured out. Read Wired’s interview with Flipboard, and the Axios interview with LinkedIn. On the other hand, Snapchat...

If you read one more thing

African journalists are using drones and satellites to fight misinformation in remote regions. But the government hasn’t made it easy.

12 quick fact-checking links

  1. We were not fans of this headline on a New York Times story about Facebook’s Campbell Brown.
  2. Fake “models” on Instagram are not as harmless as you think.  
  3. Here’s a short, new video on how anyone can fact-check news in Malaysia.
  4. NewsGuard will have a “fake news hotline.”
  5. Fact-checkers in Brazil are bracing for an onslaught of fake news going into this fall’s election.
  6. Here are our quick thoughts on today's European Commission report on tackling disinformation.
  7. Here’s everything else you need to know about misinformation in the EU this week.
  8. Who do most Americans want to fight fake news? Tech companies – not the government.
  9. A Florida politician’s campaign got some attack ads pulled after citing PolitiFact in a cease and desist letter.
  10. Here are 16 ways to fact-check hoaxes on WhatsApp, from the IFCN’s International Fact-Checking Day tip sheets.
  11. BuzzFeed News rounded up the rumors about the Toronto van attack suspect.
  12. PBS begins a four-part series on "Facebook's battle against misinformation."


One of the largest distributed denial of service (DDoS) marketplaces has been shut down by European law enforcement. Webstresser[dot]org, closed by Europol on Wednesday, boasted more than 100,000 users

The Thai government says it has seized servers used by a group that's been tied to cyber espionage attacks, while preserving the servers for review by law enforcement agencies.