Data Manipulation – IT Talk http://it-talk.org/ Tue, 22 Nov 2022 14:01:00 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://it-talk.org/wp-content/uploads/2021/06/icon-3-150x150.png Data Manipulation – IT Talk http://it-talk.org/ 32 32 EY announces alliance with Alteryx to help accelerate digital transformation through analytics automation https://it-talk.org/ey-announces-alliance-with-alteryx-to-help-accelerate-digital-transformation-through-analytics-automation/ Tue, 22 Nov 2022 14:01:00 +0000 https://it-talk.org/ey-announces-alliance-with-alteryx-to-help-accelerate-digital-transformation-through-analytics-automation/ Reduces data risk through better governance and controls Improves the efficiency and effectiveness of processes around digital transformation Facilitates transformation and analysis of data across different systems LONDON, November 22, 2022 /PRNewswire/ — The EY organization today announces an alliance between Alteryx, a leader in analytics automation, and Ernst & Young LLP (EY US), to […]]]>
  • Reduces data risk through better governance and controls
  • Improves the efficiency and effectiveness of processes around digital transformation
  • Facilitates transformation and analysis of data across different systems

LONDON, November 22, 2022 /PRNewswire/ — The EY organization today announces an alliance between Alteryx, a leader in analytics automation, and Ernst & Young LLP (EY US), to help organizations unlock the power data through automation and digital transformation.

Most organizations face inefficiencies and increased costs when running day-to-day business and back-office operations. As they undergo digital transformation efforts, they tend to spend more time manipulating data than analyzing data. Therefore, it becomes essential to review and update their existing technologies to improve data literacy across the organization to achieve their transformation goals. The EY-Alteryx Alliance will help clients across various industries optimize data-driven processes by generating valuable insights to deliver faster and better business results to achieve efficiency in business operations. The alliance leverages Alteryx’s highly intuitive and easy-to-learn data analytics automation platform, as well as the EY organization’s digital transformation capabilities in strategy and transactions, advice and taxation.

The Alteryx Platform combines three key pillars of automation and digital transformation – data, process and people – to help enable the democratization of data, the automation of business processes and the development of people. Users are then better able to unlock the value of advanced analytics using its user-friendly platform, analyze a wide range of data from multiple sources, and provide business insights to answer business questions more effectively. .

Among other strengths, EY US is well known among its clients and in the market for its advisory capabilities. With more than 700 Certified Alteryx Implementers across service lines and countries, EY’s US teams have developed innovative, proprietary solutions that are supported by Alteryx. Through the EY-Alteryx alliance, clients have access to the right technology and guidance for data exploration, transformation and analysis.

Brian MayEY Americas Alliance and Managed Services Leader, says:

“This collaboration combines advanced technology and consulting capabilities for data mining and analysis in key functional areas including tax, finance, human resources, supply chain, internal audit and IT. Enabling and accelerating rapid digital transformation is paramount to helping organizations effectively navigate today’s changing landscape.”

Barb HuelskampAlteryx SVP of Channel Sales, states:

“By aligning the rich legacy of experience of the EY organization with the Alteryx analytics automation platform, we are delivering value to key customer segments in the offices of finance, human resources, supply chain and more. Our common goal is to help organizations optimize analytics to help drive big business transformations at scale.”

For more information, visit ey.com/alliances.

About EY

EY exists to build a better world of work, helping to create long-term value for customers, people and society and to build confidence in capital markets.

Enabled by data and technology, diverse EY teams in more than 150 countries deliver trust through assurance and help clients grow, transform and operate.

Working across insurance, advisory, legal, strategy, tax and transactional areas, EY teams ask better questions to find new answers to the complex issues facing our world today. today.

EY refers to the global organization and may refer to one or more of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Information on how EY collects and uses personal data and a description of the rights of individuals under data protection legislation are available at ey.com/privacy. EY member firms do not practice law where local law prohibits it. For more information about our organization, please visit ey.com.

This press release has been issued by EYGM Limited, a member of the global EY organization which also does not provide services to clients.

About Alteryx

Alteryx (NYSE: AYX) powers analytics for everyone by providing our leading analytics automation platform. Alteryx offers easy, end-to-end automation of data engineering, analytics, reporting, machine learning, and data science processes, enabling businesses around the world to democratize data analytics in their organizations for a wide range of use cases. More than 8,000 customers worldwide trust Alteryx to drive high-impact business results. To learn more, visit www.alteryx.com.

Alteryx is a registered trademark of Alteryx, Inc. All other product and brand names may be trademarks or registered trademarks of their respective owners.

SOURCEEY

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The threat to democracies from information insecurity https://it-talk.org/the-threat-to-democracies-from-information-insecurity/ Wed, 16 Nov 2022 01:32:48 +0000 https://it-talk.org/the-threat-to-democracies-from-information-insecurity/ After the recent midterm elections, Americans are breathing a sigh of relief that social media-fueled threats of violence against voters and election officials have not materialized. It is an ominous sign of the times that a peaceful vote is a pleasant surprise. What drives some people to reject the legitimacy of fair elections, embrace conspiracy […]]]>

After the recent midterm elections, Americans are breathing a sigh of relief that social media-fueled threats of violence against voters and election officials have not materialized. It is an ominous sign of the times that a peaceful vote is a pleasant surprise.

What drives some people to reject the legitimacy of fair elections, embrace conspiracy theories, and even resort to political violence? We believe the answer lies in a new threat to democracies around the world: information insecurity.

Information insecurity is much more than vulnerability to propaganda. It is the deliberate and systematic distortion, enabled and enhanced by digital capabilities, of an entire information ecosystem.

Consider the parallels with natural disasters and climate insecurity. In the past, we treated hurricanes, droughts and floods as isolated emergencies. Today, we understand climate change as a threat to entire systems of agriculture, energy, and public safety. Similarly, we have already addressed famine with responses on a case-by-case basis. Today we understand food insecurity as a permanent threat not only to life but also to social cohesion and political stability.

Systemic threats require systemic responses that take into account favorable technological conditions. Our 20th century tactics – isolating or blocking the propaganda channels broadcast by our adversaries – will not suffice. These channels were carried by a limited number of known sources that were easily recognizable by their origin, carrier and contrast to conventional media rates.

Today’s news operations are multicast across hundreds of channels, maximizing voice and reach using broadcast and digital media interaction, including social media, and leveraging publicity techniques in line, targeting and algorithmic manipulation to maximize audience size. For example, the Kremlin not only broadcasts its Ukraine-related propaganda on state media channels, both broadcast and digital, but also relies on an extensive network of secret digital channels in multiple languages ​​and platforms. These channels spread conspiracy theories about Nazis in Kyiv, blame the West for the lack of blocked food deliveries from Russia and stoke unrest in the European Union over energy prices and refugees.

These tactics amplify local conspiracies and blur the distinction between foreign and domestic agents. Moreover, the objective is not simply to persuade but to weaken confidence in the facts and to sow suspicion of “fake news” everywhere. Algorithms tuned to maximize attention accelerate the effect.

Autocratic governments like China are responding to this threat by taking control of both national media production and distribution. Although the authorities cannot eliminate all dissenting opinions online, they prevent any major disruption of the party line. Russia has chosen a similar approach, but with much less efficiency.

Democracies must find another way. In democratic societies, freedom of expression is essential both as a basic human right and as the primary mechanism for holding government to account. In our response to information threats, we must ensure that the cure is not worse than the disease.

We cannot suppress our way out of this problem. To address information insecurity without restricting freedom of expression, we must tackle the structure of the market and the logic of a business model that values ​​controversy over integrity. This means directly engaging the big tech platforms (primarily American and Chinese) that hold unprecedented control over the global distribution of information.

These companies did not cause the social problems that fuel contemporary political conflict. But they are the main factor in accelerating tendencies towards extremism. Despite their efforts to curb illegal activity and thwart the exploitation of their services, their products are still designed to profit from outrage and remain vulnerable to widespread abuse.

Meanwhile, the market power they wield over advertising has undermined the commercial viability of traditional journalism, which once stabilized democratic politics by building consensus on basic facts. Many mainstream news media responded by joining the race to the bottom.

Democratic governments should treat information systems as critical infrastructure, just like gas, water, electricity and telecommunications. The first step is to demand that the American platforms Facebook, YouTube and Twitter curb the exploitation of their services by authoritarian governments that organize deliberate disinformation campaigns. To further strengthen the defenses of democracies, we need standards for information markets against which to assess possible security risks, such as the impact of Chinese control over TikTok (the most popular platform among young people) .

These standards should not be governments dictating what content is allowed and not allowed on media channels. This is a decision for private actors to make, as they have done. But while every technology platform on the market today has rules governing content and behavior as well as the collection and use of personal data, too often they misenforce their own rules. Government regulators should keep their promises and set additional standards for consumer protection, the same way we regulate the safety of the food, pharmaceutical and natural resource industries.

To reconnect citizens with a common base of facts, democracies must strengthen public service journalism. One approach is to use competition policies, such as those recently applied by Australia— that force tech companies with market power over digital advertising to negotiate revenue-sharing deals with news outlets. Digital transaction taxes can also be used to stimulate investment in public media, local media, media literacy and journalism schools.

Rules, standards and investments in the media market are not just economic policies. These are security imperatives, alongside green energy and public health. If we don’t act quickly, our information security will weaken further, dividing us against ourselves. Autocrats and domestic troublemakers can then shape a self-serving narrative of escalating democratic dysfunction.

of US President Joe Biden national security strategy, published in October, identifies a set of “transnational challenges” which are not “secondary to geopolitics”, but which are “at the very heart of national and international security”. These challenges include climate change, food security, communicable diseases, energy shortages and inflation. Information insecurity also belongs on this list, as it exacerbates these other challenges and poses its own serious threat to democracy.

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GM mustard, not a good idea https://it-talk.org/gm-mustard-not-a-good-idea/ Sun, 13 Nov 2022 15:49:50 +0000 https://it-talk.org/gm-mustard-not-a-good-idea/ Proponents of GM crops are jubilant at the green signal given to genetically modified herbicide-tolerant mustard (GM HT mustard). The government acted quickly and sent several kilograms of GM mustard seeds that are with crop developers to eight locations. In its oral orders, the Supreme Court bench, which heard the case on Nov. 2, reportedly […]]]>

Proponents of GM crops are jubilant at the green signal given to genetically modified herbicide-tolerant mustard (GM HT mustard). The government acted quickly and sent several kilograms of GM mustard seeds that are with crop developers to eight locations.

In its oral orders, the Supreme Court bench, which heard the case on Nov. 2, reportedly ordered the government not to rush the case and not to plant any GM mustard seeds until the case is over. not been heard. However, it seems that GM mustard has been planted near Bharatpur and Kanpur.

This push for GM mustard is happening mainly on two claims – that it will yield 25-30% more; and that it is not a crop tolerant to herbicides. Interestingly, the reality underlying these two assertions led the three environment ministers before Bhupender Yadav to be cautious.

The current Minister of the Environment, however, ignores caution. The consequences would be major and irreversible, given that it is indeed a herbicide-tolerant crop (which is not affected by heavy use of herbicides) and that GM technology is a living and irreversible technology when is released into the environment.

Handling of Tests and Data: It was in 2016 that public sector breeders, independent conservationists and others presented evidence to the Genetic Engineering Assessment Committee (GEAC) that GM HT mustard yield data is manipulated and that the tests themselves were not scientific. In its testing, the GM mustard hybrid DMH-11 was not compared to non-GM hybrids.

For hybrid trials, hybrid checks are essential, especially in the case of the GM mustard hybrid, since it claims to be a better hybridization technology than the non-GM hybridization options that already exist for breeders/seed growers. It has not even been tested on varieties designated as zonal and national controls in the ICAR testing system, but has been compared to varieties released long ago in India.

The comparators used for the GM mustard tests violated the ICAR protocols as well as the conditions under which authorization was granted by the gene technology regulator GEAC. Despite all of this, the ICAR as well as the GEAC allowed the crop developer to move forward through the regulatory pipeline.

Public-minded citizens have also argued that the yield data of the already poor tests was boosted by around 7.5% by the Center for Genetic Manipulation of Crop Plants (CGMCP) at Delhi University in what he submitted to regulators, compared to the results actually obtained from a few testing centers.

Compromising Scientist Integrity: DMH-11 outperformed older strains it was tested with, as testing was done in a limited and unscientific way.

In the ICAR system, pre-release testing of a variety or hybrid is carried out in at least three locations in each zone, for at least three years. This was also not followed, in the case of the DMH-11. However, in 2002 and 2003, the GEAC put a firm lid on another GM mustard hybrid (Bayer’s subsidiary, ProAgro) that had requested release into the environment. The GEAC recorded that the tests were inadequate (in only four locations) and that the yield data showed too much variance, in addition to learning that it was a TH crop and an edible crop. requires careful decision making.

Yield reductions are a distinct possibility: rather than increasing yields, environmental release and widespread adoption of GM mustard may lead to lower yields. In a situation where India is already planting high-yielding varieties (45% of its mustard land is used by hybrids, offered by the private and public sectors), it is likely that DMH-11 will actually cause a decline country’s returns. In addition, the spread of the sterility trait will lead to losses for farmers. Herbicide spray drift will also destroy neighboring non-GM mustard, in small Indian farms, and cause more losses. GM mustard has nothing new to offer farmers other than the risks of transgenic HT technology.

Does GM mustard a crop tolerant to herbicides? : No scientist worth their salt can deny that the bar gene that exists in both parent lines, in DMH-11 and any other new hybrids that will be created by ICAR using these parent lines, confers tolerance to herbicides. It makes no sense to say that the herbicide tolerance trait will only be useful during seed production and therefore only seed growers can spray glufosinate on the GM HT mustard crop, and that farmers are not allowed to do the same. In thousands of hectares, illegal HT Bt cotton has been planted, and sales of unapproved GM seeds and unapproved glyphosate are taking place. Regulators of genetic technologies as well as pesticides are doing nothing worthwhile to curb this. In a bizarre twist, instead of admitting its regulatory failures to stop the spread of illegal cultivation of TH plants and stop the irresponsible approval of GM mustard, the GEAC actually turned a blind eye to these aspects in its letter. of GM approval. After first approving a herbicide-tolerant crop that has never been tested as a TH crop, he expects farmers to not use deadly weedkiller on it.

The fact that GM mustard was researched to be camouflaged as a hybridization technology and not as a TH crop (which it absolutely is) implies that the tests were never done as a crop TH. The Supreme Court should hear these irregularities. The independent experts of its Technical Expert Committee on GMOs have recommended banning HT crops. They proposed banning GMOs in crops where India is the center of origin or diversity.

The author is with Alliance for Sustainable & Holistic Agriculture (ASHA)

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$31.6 million for a major reform of the federal water market https://it-talk.org/31-6-million-for-a-major-reform-of-the-federal-water-market/ Fri, 11 Nov 2022 02:36:57 +0000 https://it-talk.org/31-6-million-for-a-major-reform-of-the-federal-water-market/ The federal government is investing $31.6 million in “once in a generation” water market reform, prioritizing trust and transparency for farmers and industry. The reform will update and improve the way buyers and sellers negotiate and sell water use licenses. The funding will implement the Reform of the water market: final report on the roadmap […]]]>
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The federal government is investing $31.6 million in “once in a generation” water market reform, prioritizing trust and transparency for farmers and industry.

The reform will update and improve the way buyers and sellers negotiate and sell water use licenses.

The funding will implement the Reform of the water market: final report on the roadmap – which will improve the functioning and governance of water markets and strengthen global confidence.

The Reform roadmap The recommendations are divided into four sections: Integrity and Transparency, Data and Systems, Market Architecture and Governance.

Funding includes:

  • $12 million over four years to the Australian Competition and Consumer Commission (ACCC) to regulate market conduct in water
    • This will allow the ACCC to enforce the new mandatory code of conduct for water market intermediaries and to enforce the new prohibitions on market misconduct.
  • $9.1 million over four years for the Inspector General of Water Compliance to regulate market data
    • This will ensure the application of new data requirements in water markets, which are essential to the success of the new integrity safeguards. The ACCC has found that lack of information is a major barrier to transparency and compliance with applicable laws
  • $9.4 million over four years for the Department to implement the recommendations of the roadmap
    • This includes drafting necessary legislative amendments and preparing new legislation for the water market reform package

Additionally, the Bureau of Meteorology will receive $1 million in funding to oversee the development of a National Water Data Center that will improve national water information to provide industry with quality data. , timely and consistent.

Water markets have become increasingly important as irrigation increases, water reliability decreases, and differences between high and low flows across the basin become more extreme.

This investment will strengthen the Murray-Darling Basin water market and allow for greater checks and balances. This will also facilitate the delivery of the basin plan.

The Australian Government will prioritize working collaboratively and cooperatively with basin jurisdictions to achieve these commitments.

Federal Environment and Water Minister Tanya Plibersek said the reforms will bring confidence and certainty to irrigators and industry.

“Reforming water markets will crack down on the cowboys of the system and ensure a level playing field for those who do the right thing,” Ms. Plibersek said.

“Our $31.6 million investment in water market reform will go a long way to improving integrity, prohibiting market manipulation, and providing us with the means to deal with insider trading.

“As an example, integrity reforms will include: prohibition of market misconduct, introduction of a mandatory code for water market intermediaries, introduction of rules and mandatory processes for on-water announcements and expanded and strengthened price reporting requirements.

“I look forward to working collaboratively with state and territory basin ministers to bring this reform to fruition.”

The Australian Water Brokers Association (AWBA) said it has been actively supporting and advocating for positive and proactive change in the regulation of all Australian water markets for several years.

“Increased transparency and increased market confidence for the benefit of all water market players have been central to AWBA’s objectives,” said an AWBA spokesperson.

“The current federal government funding announcements are welcomed by the AWBA as a timely and critical step after more than three years of investigating the water market, beginning the regulatory and systemic changes needed to achieve these goals.”

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FTI Consulting Launches Technology Segment in Switzerland and Appoints Senior Managing Director as Country Manager https://it-talk.org/fti-consulting-launches-technology-segment-in-switzerland-and-appoints-senior-managing-director-as-country-manager/ Tue, 08 Nov 2022 09:58:18 +0000 https://it-talk.org/fti-consulting-launches-technology-segment-in-switzerland-and-appoints-senior-managing-director-as-country-manager/ New office supports expansion in DACH region London, November 8, 2022 — FTI Consulting, Inc. (NYSE: FCN) today announced the launch of its Technology segment in Switzerland, establishing the company’s official presence in the country. The launch includes the appointment of investigative expert Jerry Lay as Senior Managing Director and Head of the Switzerland segment. […]]]>
New office supports expansion in DACH region

London, November 8, 2022 — FTI Consulting, Inc. (NYSE: FCN) today announced the launch of its Technology segment in Switzerland, establishing the company’s official presence in the country. The launch includes the appointment of investigative expert Jerry Lay as Senior Managing Director and Head of the Switzerland segment. Mr. Lay will work closely with Technology segment leaders to drive growth in Germany, Switzerland and Austria, also known as the DACH region, and in Europe, the Middle East, India and Africa more widely to support customers in these markets.

Switzerland serves as a gateway for international and European business, with sophisticated technologies, financial industries, renewable energies, biotechnologies and consumer products, the presence of major international organizations, including the United Nations Bank for international settlements, and one of the most influential arbitration tribunals in the world. . As a highly regulated country with a competitive economy, multinational companies doing business in Switzerland need strong support and programs in the areas of information governance, privacy, compliance, litigation and investigations and other critical risk areas.

“In the DACH region and globally, the risk landscape is expanding, pressure from regulators continues to mount, and technological advancements are accelerating rapidly,” said Sophie Ross, Global Managing Director of FTI Technology. “These and other factors are driving demand for our expertise and solutions, representing a significant opportunity for FTI Consulting to serve national and international clients doing business in Switzerland. We continue to invest in our growth globally, and with the addition of Jerry and a presence in Switzerland and the wider DACH region, our Technology segment is positioned to better deliver services that combine experts and local solutions with the company’s broad global reach and depth of expertise. capacities. »

Mr. Lay is an expert in investigations and the application of technological solutions to provide insights into matters involving complex data challenges. He brings over 15 years of experience conducting major investigations and advising clients on improving compliance frameworks and functions. Mr. Lay has led numerous high-profile investigations related to allegations of fraud and corruption, misappropriation of assets, conflicts of interest, market manipulation and data theft. He has worked with clients in a variety of industries, including pharmaceuticals and life sciences, financial services and industrials, and has extensive experience working in emerging markets.

Renato Fazzone, European leader of FTI Technology and national segment leader in Germany, added: “In the current business environment in the DACH region, customers need the support of local experts who specialize in many of our key areas of practice, including investigations, information governance, risk and compliance, as well as emerging areas such as blockchain, digital assets and resilience. Jerry’s leadership will be integral to our continued success in delivering in these areas in Switzerland.

Prior to joining FTI Technology, Mr. Lay held a leadership position in litigation and investigations at Alvarez & Marsal in Zurich. He has also held digital forensics and investigative positions at a Big Four company and served as global CFO of a pharmaceutical group of companies headquartered in Basel, Switzerland, where he led the departments internal services, including accounting and financial reporting, control, compliance, human resources and information technology.

Commenting on his appointment, Mr. Lay said: “Switzerland has an attractive and innovative economy that offers enormous potential for many multinational companies, and I look forward to joining our management and our team of experts to help our customers to succeed in this unique market.

FTI Technology has also expanded its partnership with Relativity to provide cloud-based eDiscovery solution RelativityOne in Switzerland. By offering RelativityOne, FTI Technology provides law firms and internal legal, compliance and risk teams with expert workflows, advanced analytics and a flexible and secure platform to reduce the cost and complexity of large and often global cases. . The company also provides its customers with an enhanced relativity solution that leverages its own proprietary technology and add-ons from software partners, as well as the global consulting expertise of FTI Technology professionals.

About FTI Council
FTI Consulting, Inc. is a global business consulting firm dedicated to helping organizations manage change, mitigate risk and resolve conflict: financial, legal, operational, policy and regulatory, reputational and transactional. With more than 7,500 employees in 31 countries, FTI Council professionals work closely with clients to anticipate, illuminate and overcome complex business challenges and make the most of opportunities. The Company has generated $2.78 billion of revenue in fiscal year 2021. In some jurisdictions, FTI Consulting services are provided through separate legal entities that are separately capitalized and independently managed. For more information visit www.fticonsulting.com and contact us at Twitter (@FTIConsulting), Facebook and LinkedIn.

FTI Consulting, Inc.
200 Aldersgate
Aldersgate Street
London EC1A 4HD
UK
+44 20 3727 1000

Investor contacts: Mollie Hawkes
+1.617.747.1791
mollie.hawkes@fticonsulting.com

Media Contact: Ashley Allman
+1.206.369.5209
ashley.allman@fticonsulting.com

Source: FTI Consulting, Inc.

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Refusing to be Putin’s cannon fodder: Tajiks resist Kremlin manipulation – Kyiv Post https://it-talk.org/refusing-to-be-putins-cannon-fodder-tajiks-resist-kremlin-manipulation-kyiv-post/ Sat, 05 Nov 2022 08:29:54 +0000 https://it-talk.org/refusing-to-be-putins-cannon-fodder-tajiks-resist-kremlin-manipulation-kyiv-post/ Residents of Russia Central Asia territory, and specifically the Tajiks, from neighboring Tajikistan, were recruited at much higher rates than ethnic Russians for Putin’s war in Ukraine. The Kyiv Post spoke with Muhiddin Kabiri, the de facto leader of the Tajik democratic opposition, to discuss how hehas been lead the fight to keep his compatriots […]]]>

Residents of Russia Central Asia territory, and specifically the Tajiks, from neighboring Tajikistan, were recruited at much higher rates than ethnic Russians for Putin’s war in Ukraine. The Kyiv Post spoke with Muhiddin Kabiri, the de facto leader of the Tajik democratic opposition, to discuss how hehas been lead the fight to keep his compatriots out of the ranks the Russian army.

Tell me about the job you to help the Tajiks in Russia avoid mobilization.

We are doing active work among Tajiks explaining why they should not participate in the war against Ukraine and how to avoid mobilization. That works. Many managed to avoid mobilization and remain in Russia itself. It is too early to speak of resistance on the part of the individual diaspora, even if the Tajiks have proven that they can resist with dignity and defend their values. The resistance must have no national or religious connotation, it must involve all the peoples of Russia.

There is evidence that Tajiks and other Central Asians are being harassed or beaten for being Muslims in the Russian military, particularly after Tajiks were murdered at a Russian military training center earlier this month. What happens next?

Russia itself has already realized that Islamophobia weakens the already demoralized Russian military. Imams, influential Muslims and opinion leaders are “ideologically mobilized” to carry out propaganda work among Muslims, especially migrants. Working groups have been created, which include our knowledge. Their task is to justify in the eyes of Muslims the actions carried out by Russia in Ukraine, and to make this war “sacred” for Muslims in the eyes of Islam. Special attention is paid to the Tajiks and this is natural after shooting at the training center.

What is your own role in Tajik politics?

It is difficult for me to say anything about my role in Tajik politics. Experts and/or voters could talk about it if there was a transparent electoral system in place. I represent a generation of politicians who formed in the last years of the Soviet Union, who witnessed or participated in its collapse, participated in the formation of independent nation states and are now fighting against dictatorship of these same states.

Specifically?

To be more precise. I lived through the civil war in Tajikistan, I participated in the peace process, I was a member of the National Reconciliation Commission and, in 2005, I was elected to Parliament as a legislator (until 2015). In 2006, I led the largest parliamentary opposition party, the PIVT (Islamic Renaissance Party of Tajikistan). The party was banned in 2015, I left the country and since then I have been fighting politically from abroad.

Russia’s mobilization of such large numbers of ethnic Tajiks would have caused greater instability in Tajikistan. What do you think?

Tajikistan cannot be a stable country for many reasons: the weakest economy in the region, which also relies on remittances from migrants, one of the most totalitarian regimes in the world, a high corruption and nepotism, proximity to Afghanistan, etc. Tajikistan today is a well-preserved powder keg that could explode at any moment.

How many Tajiks are there in Russia?

According to various data, more than 40 million people around the world identify as Tajiks. About 8 million live in Tajikistan (which has a total population of 10 million). There are more Tajiks in Afghanistan than in Tajikistan itself. In recent years, many Tajiks have obtained Russian citizenship; around 410 people per day.

Are the people of Tajikistan afraid that their friends and relatives living in Russia will be taken to war? Do you think they will start speaking out against their government?

Many people are worried, but this is not yet a reason to oppose the government. Tajiks are not used to protesting, demanding or criticizing the authorities. It’s very dangerous. This is why people migrate. It is also a protest. Those who are tired of migration succumb to radicalism. So there are a lot of Tajiks who are members of IS, Taliban and other armed groups. Migration to Russia has reduced social tensions in society. Now the situation is changing, and that’s why I call the country a powder keg. People may not come out to protest a particular issue, but any spark can be a catalyst for conflict or revolution.

How close are the governments of Tajikistan and Russia?

Very close. Tajik leader Emomali Rahmon and Russian President Vladimir Putin can criticize or complain about each other, as Rahmon did recently in Astana [at the Central Asia– Russia Summit], but they are very close in spirit, mentality and worldview. More importantly, they equally and pathologically hate everything about democracy and liberalism.

What do the people of Tajikistan think of the war in Russia?

If you had asked me this question before the mobilization, my answer would have been unambiguous: the majority of Tajiks believe that Russia’s actions are right. Because there is no alternative to the propaganda of the Russian and Tajik authorities. The situation is changing. The mobilization shifted the war from Ukraine to Russia, and even to Tajikistan. Now everyone is feeling the results of the war on themselves. Russians and Tajiks who fled the mobilization provided alternative opinions and viewpoints. People wonder if the war on the Russian side is fair and why are the Russians themselves fleeing? And the doubts grow every day.

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Volatility Laundering, Yield Manipulation, and the “False Happiness” of Private Equity https://it-talk.org/volatility-laundering-yield-manipulation-and-the-false-happiness-of-private-equity/ Wed, 02 Nov 2022 10:33:23 +0000 https://it-talk.org/volatility-laundering-yield-manipulation-and-the-false-happiness-of-private-equity/ The growing performance gap between public and private markets is a broad topic these days. Investors are often seen as fools who fall in love with “return manipulationfrom shrewd private equity moguls. But what if they are co-conspirators? That’s what a new paper of three scholars from the University of Florida. Based on nearly two […]]]>

The growing performance gap between public and private markets is a broad topic these days. Investors are often seen as fools who fall in love with “return manipulationfrom shrewd private equity moguls. But what if they are co-conspirators?

That’s what a new paper of three scholars from the University of Florida. Based on nearly two decades of data on private equity real estate funds, Blake Jackson, David Ling and Andy Naranjo conclude that “private equity fund managers manipulate returns to suit the needs of their investors.”

This is not an entirely new suggestion. Academics (and some practitioners) have wondered for years why investors seem willing to pay extra for illiquidity, which is completely contrary to what financial theory and common sense seem to suggest.

For example, a paper 2014 examining the impact of fair value accounting on European private equity found that it increased correlations with public markets and hurt European LBO fundraising. In 2017, the chief investment officer of the Idaho Retirement System apparently called the lack of volatility “false happiness» private markets.

More recently, Clifford Asness of AQR argued in 2019 that “the multi-year illiquidity and price opacity that often comes with it can actually be a feature not a bug” of private capital (Full disclosure: some journalists also wrote about it.) Since then, Asness has campaigned for it to be called “volatility whitening”.

But the findings of Jackson, Ling and Naranjo are more than just a stylized mental model to explain the popularity of private capital. Their main conclusion is that “GPs don’t seem to manipulate mid-performance to fool their LPs, but rather because their LPs want them to.”

Similar to the idea that banks design financial products to cater to investors looking for yield or that companies issue dividends to meet investors’ demand for the payment of dividends, we argue that managers of capital funds -investment reinforce interim performance reports to meet some investors’ demand for manipulated returns.

. . . If a GP increases or smooths returns, perhaps by strategically timing asset acquisitions and disposals or distorting the values ​​of underlying assets, investment managers within LP organizations can flag Sharpe ratios artificially higher, higher alphas and returns, such as IRRs, for their trustees or other overseers. By doing so, these investment managers, whose median tenure of four years often expires years before the ultimate returns of a private equity fund are realized, could improve their internal job security or their potential results on the labor market.

Return manipulations can also produce significant paper wealth for LPs. For US public pension limited partnerships, this may slightly improve funded statuses or change required contribution funding rates. Since private equity returns are often quoted in TRIs, such return manipulations can even permanently mask the end-of-life returns of the private equity fund, potentially protecting LP investment managers. in bad condition.

This likely explains why private equity firms actually averaged 1.6% gains in the first quarter of 2022 and only slight declines since then, as global equities have lost 22% of their value this year.

Just to point out real estate – the main source of data for the University of Florida article – Blackstone’s private property giant BREIT took in $4.2 billion in the third quarter and made a slight gain even as publicly traded REITs lost 12% of their value over the same period.

However, the increasingly abnormal book values ​​of private equity become more difficult to defend when there is an increasingly active market for commercial equity interests in private equity funds. According to Jefferies, a record $57 billion in fund holdings changed hands in the first half of 2022.

Typically, the “secondary” private equity market was where some investors might sell some of one of their investments because their allocations were a bit overweight, they needed to raise money for another investment, or the fund stank and they wanted out. Stakes are therefore usually negotiated at a discount.

In 2019, the thirst for private equity exposure was so immense that some investors would actually pay a premium, but in the first half of 2022, the average holding traded at 86% of the fund’s net asset value, according to Jefferies. And yet, the reported book value of these funds seems remarkably resilient?

This increasingly insane divergence was a big topic in an interesting third-quarter letter to investors from Justin Hughes of Phase 2 Partners, a San Francisco investment firm, that someone kindly sent us.

. . . We recently reviewed a 13-page list of private equity holdings available for sale through a bulge-backed investment bank. Each fund in the 13-page list is available at a discount to the value quoted by the manager. In our view, smoothed returns that rely on model accounting could result in an over-allocation of assets to private markets. We recently sat down with a leading private market manager with an interesting perspective: he believed that private markets are the new “core” asset class as opposed to public markets. Specifically, we wanted to know how their portfolio appeared to be worth a 40% higher EBITDA multiple than public markets.

The company explained to us that these are completely different markets — private markets, the new “core” asset class deserving a premium over their liquid cousin, the public market. Wow, I’m old! I immediately went home, pulled out my latest edition of Ibbotson & Associates: Stock, Bonds, Bills & Inflation and tore up the chapter on liquidity premiums! Starting next month, Phase 2 will release all feedback using the mark to model! I LAUGH!

Maybe investors are just in on the joke, rather than being the target of it?

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Rahul Gandhi hopes Twitter will act against hate speech, praises Musk https://it-talk.org/rahul-gandhi-hopes-twitter-will-act-against-hate-speech-praises-musk/ Sat, 29 Oct 2022 08:47:00 +0000 https://it-talk.org/rahul-gandhi-hopes-twitter-will-act-against-hate-speech-praises-musk/ On Saturday, Congress Leader Rahul Gandhi sent a congratulatory message to Elon Musk on his Twitter takeover. In a cryptic tweet, Rahul Gandhi showed alleged Twitter follower manipulation data in an image he attached to the congratulatory message to Elon Musk. “Congratulations @elonmusk. I hope @Twitter will now act against hate speech, check facts […]]]>

On Saturday, Congress Leader Rahul Gandhi sent a congratulatory message to Elon Musk on his Twitter takeover.

In a cryptic tweet, Rahul Gandhi showed alleged Twitter follower manipulation data in an image he attached to the congratulatory message to Elon Musk.

“Congratulations @elonmusk. I hope @Twitter will now act against hate speech, check facts more forcefully and no longer stifle the voice of opposition in India due to government pressure,” Gandhi tweeted. .

Last year, in December, Rahul Gandhi alleged that the number of his followers on the micro-blogging site Twitter was restricted.

The Congress party in March raised the issue again and said subsequent gains in followers prove that the earlier tally freeze “was driven by outside influence.”

In a letter to Twitter CEO Parag Agrawal on December 27, the MP for Wayanad said, “I believe Twitter is unwittingly complicit in the restriction of freedom of expression in India.”

Stating that his followers have been virtually frozen since August 2021 when his account was briefly locked, the Congress leader said that previously he was gaining new followers at the rate of over 2.3 lakh per month which was even increased to 6.5 lakh in some months.

He also shared an analysis of data from his Twitter account, showing that the number of followers, which then stood at 19.6 million, had hardly increased for several months.

Speaking of Elon Musk’s takeover of Twitter, he closed the $44 billion Twitter deal on Thursday night and acquired the microblogging platform.

Shortly after, he revealed that he would soon be forming a Content Moderation Council for Twitter which is sure to have diverse views.

The board will be responsible for all major content-related decisions and no account reinstatements will be made until the board meets.

The Tesla and Space X owner is expected to remain CEO of Twitter in the interim, but could potentially step down in the longer-term role, according to media reports.

(Only the title and image of this report may have been edited by Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Erdoğan orders the arrest of the head of the Turkish Medical Association: hands off Fincancı! https://it-talk.org/erdogan-orders-the-arrest-of-the-head-of-the-turkish-medical-association-hands-off-fincanci/ Wed, 26 Oct 2022 22:29:47 +0000 https://it-talk.org/erdogan-orders-the-arrest-of-the-head-of-the-turkish-medical-association-hands-off-fincanci/ The police detention of Professor Dr. Şebnem Korur Fincancı, President of the Turkish Medical Association (TTB), from her home in Istanbul yesterday is an attack on basic democratic rights. The World Socialist Website protests against his arbitrary detention and calls for his release. In this February 4, 2022 file photo, Sebnem Korur Fincanci, the head […]]]>

The police detention of Professor Dr. Şebnem Korur Fincancı, President of the Turkish Medical Association (TTB), from her home in Istanbul yesterday is an attack on basic democratic rights. The World Socialist Website protests against his arbitrary detention and calls for his release.

In this February 4, 2022 file photo, Sebnem Korur Fincanci, the head of the Turkish Medical Association, speaks during a protest in Ankara, Turkey. (AP Photo/Burhan Ozbilici, File)

Fincancı’s detention prompted protests in many cities, including Istanbul, Izmir, Diyarbakır and Adana yesterday. The TTB’s Central Council issued a formal protest, saying: “The detention decision, which follows statements from government circles interfering in the justice system, is the latest step in the pressure that these circles have increased against the TTB. and all labor and professional organizations for a long time.”

He claimed that the government of President Recep Tayyip Erdoğan aims to bring the TTB under its control: “In fact, the government has admitted that it will use this agenda created in public opinion for an amendment to the law on professional organizations “.

Last week, Fincancı, a forensic scientist and elected head of the TTB, whose membership includes more than 100,000 doctors, said Medya Haber of the alleged use of chemical weapons by the Turkish Armed Forces (TSK) in their ongoing operation against Kurdistan Workers’ Party (PKK) forces in Iraqi Kurdistan. On October 18, the pro-PKK news agency Fırat News Agency (ANF) published images of two PKK militants who were allegedly exposed to chemical weapons by the Turkish military.

In an interview with Medya HaberFincancı said that she looked at the footage, adding: “Obviously, one of the poisonous chemical gases that directly affects the nervous system was used. Although its use is prohibited, we find that it is used in conflicts.

The Ankara Attorney General’s Office took immediate action on the instructions of the Erdoğan government to investigate Fincancı. In a statement, he said the investigation had been opened “to … make propaganda for a terrorist organization and … insult the Turkish nation, the state of the Republic of Turkey, institutions and state organs due to his statements to the so-called media organ of the PKK/YPG armed terrorist organization, he also demanded that Fincancı be removed from his position as chairman of the TTB.

Talk to bianet on the same day, Fincancı criticized Medya Haber, stating: “I criticize the way in which my remarks were presented; it was irresponsible reporting. …I stated that these involuntary movements could occur with the effect of a chemical taking over the nervous system and that an effective investigation should be carried out into this matter if there were allegations that a product chemical was used.

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Asset Risk Management: Getting the Basics Right https://it-talk.org/asset-risk-management-getting-the-basics-right/ Mon, 24 Oct 2022 04:50:11 +0000 https://it-talk.org/asset-risk-management-getting-the-basics-right/ In this interview with Help Net Security, Yossi Appleboum, CEO of Sepiotalk about assets risk management challenges for different industries and where it’s heading. Cyberattacks show no signs of slowing down. What should organizations do to strengthen their asset risk management? They need to understand what is in their environment. You can’t do anything to […]]]>

In this interview with Help Net Security, Yossi Appleboum, CEO of Sepiotalk about assets risk management challenges for different industries and where it’s heading.

Cyberattacks show no signs of slowing down. What should organizations do to strengthen their asset risk management?

They need to understand what is in their environment. You can’t do anything to manage risk if you don’t know what assets you have and their associated risk position. Increasing spending on cybersecurity tools is a waste if those tools can’t see all the assets in your infrastructure. And, unfortunately, that’s where a lot of businesses fail. So, the first thing companies need to do is get back to basics and focus on what forms the foundation of strong asset risk management, which is risk visibility and understanding.

What are the most common threats plaguing the financial industry and how can asset visibility mitigate risk?

The first threat that comes to mind is ransomware. The financial sector, by nature, has access to large sums of money, and disruptions in financial services can have a significant impact on society and the economy. These two factors make financial institutions the ideal target for a ransomware attack because the tolerance for downtime is low and the funds to pay the ransom are there. Ransomware can be introduced into the environment through IT assets, and asset visibility mitigates risk by accounting for anomalies that could indicate a potential threat.

Social engineering is another threat facing the financial sector. The thousands of employees who work for large financial corporations each act as a gateway into the organization through simple methods of manipulation. A bad actor can convince a staff member to bring in an unwanted asset through bribes or blackmail or have them do it unknowingly by enticing them with free handouts. Who can refuse a free iPhone charger? Asset visibility mitigates risk by accounting for these new connections, which security teams can then investigate.

What about health facilities? How vulnerable are they and what should they do to ensure continuity of service and avoid data leaks?

Health care is vulnerable in large part to the number of connected medical devices in their environment that are inherently risky. Additionally, the healthcare industry prioritizes the delivery of uninterrupted patient care over cybersecurity, which means it tends to forgo many cybersecurity measures due to the disruption they cause. . However, in the long term, it can cause more harm to the patient, if the lack of cybersecurity measures results in a data breach or operational disruptions.

Healthcare should consider implementing stronger zero-trust protocols to disable unnecessary connectivity between devices. Currently, the industry has been found to have critical medical devices running on the same network segments as the vulnerable computing devices, which increases the overall risk. Removing these connections, where possible, can reduce the risk of unwanted disruptions or possible data breaches.

What makes critical infrastructure vulnerable and how can it improve its security?

Critical infrastructure leverages both IT and OT. What makes it vulnerable is that these two environments, once idiosyncratic, are now converging thanks to the development of industrial internet of things (IIoT), resulting in cyber-physical systems. Naturally, this has greatly expanded the attack surface, exposing critical OT to the same security threats that IT faces. To make matters worse, older OT systems were built without considering cybersecurity.

The concept of zero trust is a valuable tool for strengthening the security posture of critical infrastructure as it allows for improved network access control through micro-segmentation and the principle of least privilege protocols. In addition, in the event of an attack, the radius of the explosion is contained thanks to these protocols, thus considerably reducing the impact of the attack. However, asset risk management is paramount to an effective Zero Trust architecture. Understanding asset risk provides the necessary context to ensure proper application of zero trust protocols.

How do you see asset management evolving in the future? Do you see the risk factor of assets reaching new highs, and why is this so?

In the world of cybersecurity, asset management is, at its core, the understanding of IT assets in an entity’s environment. This means being able to identify all assets in order to support the cybersecurity strategy. But what is a cybersecurity strategy without considering the risks; specifically, asset risk. So, yes, the asset risk factor will reach new heights as it is an integral part of asset management and therefore cybersecurity.

Asset management will evolve to place a greater emphasis on asset risk, because asset identification only gets you so far. For asset management to truly support cybersecurity strategy, the risk factor cannot be ignored; it provides the context needed to execute a robust cybersecurity strategy. Businesses will find that in order to secure their environment, the risk factor of assets is non-negotiable.

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