tv Business - News Deutsche Welle December 28, 2017 6:15pm-6:31pm CET
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up to date extraordinary. and decide what's on sino more. dot com smart t.v. . it's all happening go to a village. sure link to news from africa and the world. your link to exceptional stories and discussions in the unwelcome student news after killing program night from for an exam and from the news of these events and while with safety debbie and it comes to africa join us on facebook at g.w. africa. it's all about is chaos the annual meeting of the chaos computer club is taking place in lights a hackers of cyber safety experts from across europe of that two debates the future
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of digital security also coming up we're travelling along the new silk road how the greek pole to parade is drawing a billion dollar investments from china. and daniel winter welcome to your business update for many of us it seems technology is changing the world at such a frantic pace it's hard to keep up and falling behind can leave companies and individuals are vulnerable to attack and that's why you should be paying particular attention to the chaos computer club's annual conference in leipsic it's a gathering of europe's top cyber security minds and they're highlighting vulnerabilities in everyday tech to help us live more secure lives. electric cars have been told to does the next big thing for transportation because they are considered better for the environment but experts are already warning that some of the technological infrastructure for the cars is vulnerable to being hacked in germany customers of public charging stations are exposed to fraud because tons action data isn't encrypted researchers say that's because companies are placing
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other priorities ahead of security. these companies are growing very quickly simply because they want to have the best location for their charging infrastructure and they are trying to. build the infrastructure right now and have the profits later so they are for growing more quickly instead of focusing on the security side of things but charging stations are one topic but of course the chaos communication congress is about online security internet security and data protection in general and the question of course is always is enough being done by the regulators and that is something that definitely needs to be looked at because a lot of the criticism is that governments in europe are not doing enough to protect consumers experts say companies don't have a major incentive to protect their customers data they want corporations that suffer customer data breaches to face heftier fines. it's not expensive enough for
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companies if they fail security wise when you look at the internet of things the so-called i like this many video camera us toasters network toasters smart smart told that pick a sion that come with like zero security. measures just because it would companies those companies would think it's too important it's too costly it's too expensive to. to install security measures and some experts suggest that the solution would be hefty fines for firms that do not keep customer data safe. big data like. google and facebook of had us in the tentacles for a while now they collect all the information they can about us they often know us better than we know ourselves just look through facebook likes and the company knows a great deal about a person for example that ethnic background gender religion and their sexual orientation behind the curtains there's
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a lot more going on to their data traders who sell all that information looking and they're getting much hungrier some of them operate globally including axiom data logics and cold logic critics say that even more threatening to our privacy they trade is also analyze consumer data from customer loyalty and rewards cards scrutinize the credit ratings of people or examined their health status sometimes with far reaching consequences for the individual well i t. entrepreneur and legal professional if one of the joins me now thank you very much for coming in and writing me so technologists call this big data what are the risks of mass data gathering in your opinion so basically big data as been gathered about you have big tech giants know very well how you live who you are what your political direction is what your sexual direction is and from this data they're being derived profile profiles about your life about you and that basically
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means that those companies can manipulate you easily because they really know the knobs they have to turn left and right to make it behave in a certain way and in fact the data firms that telling us that they want to use big data to make humans to behave better ok but big data actually helps companies make decisions that improve our lives so i think about i.b.m. watson for example they've been analyzing thousands of pieces of data millions of pieces of data to come up with ideal health care treatments that will in the future help millions of patients surely that's a good thing. yes of course you have very nice business models but you have to differentiate whether you apply big daytime profiling to the human being as such to the person because the individual or whether you apply it to up jacks to the things of our daily life i'm really thinking of industrial internet of things which is also big data and analytics and that gives us big advantages in the industry that's
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for sure but nevertheless big data profiling hurts fundamental rights we have clashes with the fundamental rights for example with our freedom rights so we basically whence we are manipulated it doesn't mean that we have no free will anymore and that's also in the data a certain bias bias we can get out through data analytics and this means also that if you took a license for example if for example if we think about paul predictive policing systems which have been used in chicago and the u.k. basically in the base data in the facts the pure raw data there is a bias in the bias is that mainly the black men are the ones who are criminals and this bias you can't get out through big data analytics at least with technology plus will have a good day to the people who are constructing those particular uses of big data no it's in fact in the data as such that's mostly black people would be criminals and
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this is something we cannot deal with yet as technology people we have don't have any solution yet so that bias is spinning actually populated through the entire system until tuesday the very results of what a big data analytics system tells us in the end to make decisions ok but is it just too late we've already in these big data systems now we can't take ourselves out we just have to accept well yes we have to sort of accepted nevertheless those systems don't fall from heaven we are the ones who are constructing them and of course we should consider of integrating directly building designing into the systems protection of. the human being so as it as we say we have big data analytics apply to human beings that needs protection this season and that needs a better design and we have the industrial internet of things well we don't have these problems at all ok well let's hope that we can use big data for our benefit and not to surveil us all if one has to thank you for sure thank you.
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demise affectively left germany's domestic airline markets to loved ones are now the country's cartel authority has analyzed lufthansa's domestic ticket prices and says they've been recently unduly hyped by up to thirty percent of tonnes of blames computer algorithms responding to supply bottle mix the cartel office says left turns a can't hide behind computers and has threatened to open an investigation. all this week we're taking a look at the new silk road china's attempt to revive a one thousand year old trade route and to do that they're investing hundreds of billions of dollars in ports railways and roads and bridges across asia africa and europe today we're looking at the greek port of courageous last year china's state owned shipping in a just ticks from costco spent over two hundred eighty million euros on a majority stake in the port there due to pour another three hundred fifty million
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into the ports infrastructure in the next decade for the greeks chinese investment is paying off telecom giants like zed t.e. and who are way from china as well as america's hewlett packard are using pariahs as a european gateway for their products for traffic volumes are up twenty percent year on year. this is the port of parade yes since chinese shipping giant costco took over the port has been an operation twenty four hours a day freight volumes are four times what they used to be and one of the two container piers is being extended costco's plan to turn for raya's into a gateway to europe is well underway its local executives are upbeat so far paramus is the only large private sector project making headway in greece but it is will be the first time at that on an up. and very big he said be ashamed to admit that out and we hope to be all short of this the sense that this if you think
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of us from. companies like sony and hewlett packard shipped their products from paramus to eastern europe costco has invested a billion euros in the container terminal. the passenger terminal is next on the agenda already the largest in europe it's going to get even bigger along with a massive facelift. old warehouses are also being converted. are that get these to be below four and five star hotels that we did not have maybe you know you see by getting them to provide good he said he said he sees we thought there i'm used meant baryons areas like restaurant cafeterias costco also wants to attract cruise ship passengers primarily from china and paramus would be more than just a flying visit costco wants it to become home base for the luxury liners big plans
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but the unions are skeptical they fear costco is farming out contracts to subcontractors and working conditions will be undermined enough to me off the all the it's an important question is that and if necessary we'll go on strike yet we want a collective agreement and long term. secured jobs that's what we demand from costco and also from our government. as part of the deal with the greek government costco has to invest three hundred fifty million euro zone over the next ten years it's hoped the district around the harbor will also benefit. and greece certainly needs the kind of economic stimulus the chinese hope their vision for. that was our final cold call we've got much more on social media on facebook and twitter i'll be back in the next hour with even more see that.
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