Gregory Epiphaniou

Carsten Maple, Lukasz Szpruch, Gregory Epiphaniou et al.

This report examines Artificial Intelligence (AI) in the financial sector, outlining its potential to revolutionise the industry and identify its challenges. It underscores the criticality of a well-rounded understanding of AI, its capabilities, and its implications to effectively leverage its potential while mitigating associated risks. The potential of AI potential extends from augmenting existing operations to paving the way for novel applications in the finance sector. The application of AI in the financial sector is transforming the industry. Its use spans areas from customer service enhancements, fraud detection, and risk management to credit assessments and high-frequency trading. However, along with these benefits, AI also presents several challenges. These include issues related to transparency, interpretability, fairness, accountability, and trustworthiness. The use of AI in the financial sector further raises critical questions about data privacy and security. A further issue identified in this report is the systemic risk that AI can introduce to the financial sector. Being prone to errors, AI can exacerbate existing systemic risks, potentially leading to financial crises. Regulation is crucial to harnessing the benefits of AI while mitigating its potential risks. Despite the global recognition of this need, there remains a lack of clear guidelines or legislation for AI use in finance. This report discusses key principles that could guide the formation of effective AI regulation in the financial sector, including the need for a risk-based approach, the inclusion of ethical considerations, and the importance of maintaining a balance between innovation and consumer protection. The report provides recommendations for academia, the finance industry, and regulators.

Jim Achterberg, Bram Van Dijk, Jing Meng et al.

This study presents OpenExtract, an open-source pipeline for automated data extraction in large-scale systematic literature reviews. The pipeline queries large language models (LLMs) to predict data entries based on relevant sections of scientific articles. To test the efficacy of OpenExtract, we apply it to a systematic literature review in digital health and compare its outputs with those of human researchers. OpenExtract achieves precision and recall scores of > 0.8 in this task, indicating that it can be effective at extracting data automatically and efficiently. OpenExtract: https://github.com/JimAchterbergLUMC/OpenExtract.

Lu Zhang, Nabil Moukafih, Hamad Alamri et al.

Since its implementation in May 2018, the General Data Protection Regulation (GDPR) has prompted businesses to revisit and revise their data handling practices to ensure compliance. The privacy policy, which serves as the primary means of informing users about their privacy rights and the data practices of companies, has been significantly updated by numerous businesses post-GDPR implementation. However, many privacy policies remain packed with technical jargon, lengthy explanations, and vague descriptions of data practices and user rights. This makes it a challenging task for users and regulatory authorities to manually verify the GDPR compliance of these privacy policies. In this study, we aim to address the challenge of compliance analysis between GDPR (Article 13) and privacy policies for 5G networks. We manually collected privacy policies from almost 70 different 5G MNOs, and we utilized an automated BERT-based model for classification. We show that an encouraging 51$\%$ of companies demonstrate a strong adherence to GDPR. In addition, we present the first study that provides current empirical evidence on the readability of privacy policies for 5G network. we adopted readability analysis toolset that incorporates various established readability metrics. The findings empirically show that the readability of the majority of current privacy policies remains a significant challenge. Hence, 5G providers need to invest considerable effort into revising these documents to enhance both their utility and the overall user experience.

Roberto Leyva, Victor Sanchez, Gregory Epiphaniou et al.

Face image synthesis detection is considerably gaining attention because of the potential negative impact on society that this type of synthetic data brings. In this paper, we propose a data-agnostic solution to detect the face image synthesis process. Specifically, our solution is based on an anomaly detection framework that requires only real data to learn the inference process. It is therefore data-agnostic in the sense that it requires no synthetic face images. The solution uses the posterior probability with respect to the reference data to determine if new samples are synthetic or not. Our evaluation results using different synthesizers show that our solution is very competitive against the state-of-the-art, which requires synthetic data for training.

Roberto Leyva, Victor Sanchez, Gregory Epiphaniou et al.

Face image synthesis is gaining more attention in computer security due to concerns about its potential negative impacts, including those related to fake biometrics. Hence, building models that can detect the synthesized face images is an important challenge to tackle. In this paper, we propose a fusion-based strategy to detect face image synthesis while providing resiliency to several attacks. The proposed strategy uses a late fusion of the outputs computed by several undisclosed models by relying on random polynomial coefficients and exponents to conceal a new feature space. Unlike existing concealing solutions, our strategy requires no quantization, which helps to preserve the feature space. Our experiments reveal that our strategy achieves state-of-the-art performance while providing protection against poisoning, perturbation, backdoor, and reverse model attacks.

Mahender Kumar, Gregory Epiphaniou, Carsten Maple

Additive manufacturing (AM) offers numerous benefits, such as manufacturing complex and customised designs quickly and cost-effectively, reducing material waste, and enabling on-demand production. However, several security challenges are associated with AM, making it increasingly attractive to attackers ranging from individual hackers to organised criminal gangs and nation-state actors. This paper addresses the cyber risk in AM to attackers by proposing a novel semantic-based threat prioritisation system for identifying, extracting and ranking indicators of compromise (IOC). The system leverages the heterogeneous information networks (HINs) that automatically extract high-level IOCs from multi-source threat text and identifies semantic relations among the IOCs. It models IOCs with a HIN comprising different meta-paths and meta-graphs to depict semantic relations among diverse IOCs. We introduce a domain-specific recogniser that identifies IOCs in three domains: organisation-specific, regional source-specific, and regional target-specific. A threat assessment uses similarity measures based on meta-paths and meta-graphs to assess semantic relations among IOCs. It prioritises IOCs by measuring their severity based on the frequency of attacks, IOC lifetime, and exploited vulnerabilities in each domain.

Saurav Sthapit, Subhash Lakshminarayana, Ligang He et al.

The rise of NewSpace provides a platform for small and medium businesses to commercially launch and operate satellites in space. In contrast to traditional satellites, NewSpace provides the opportunity for delivering computing platforms in space. However, computational resources within space are usually expensive and satellites may not be able to compute all computational tasks locally. Computation Offloading (CO), a popular practice in Edge/Fog computing, could prove effective in saving energy and time in this resource-limited space ecosystem. However, CO alters the threat and risk profile of the system. In this paper, we analyse security issues in space systems and propose a security-aware algorithm for CO. Our method is based on the reinforcement learning technique, Deep Deterministic Policy Gradient (DDPG). We show, using Monte-Carlo simulations, that our algorithm is effective under a variety of environment and network conditions and provide novel insights into the challenge of optimised location of computation.

Carsten Maple, Peter Davies, Kerstin Eder et al.

Existing approaches to cyber security and regulation in the automotive sector cannot achieve the quality of outcome necessary to ensure the safe mass deployment of advanced vehicle technologies and smart mobility systems. Without sustainable resilience hard-fought public trust will evaporate, derailing emerging global initiatives to improve the efficiency, safety and environmental impact of future transport. This paper introduces an operational cyber resilience methodology, CyRes, that is suitable for standardisation. The CyRes methodology itself is capable of being tested in court or by publicly appointed regulators. It is designed so that operators understand what evidence should be produced by it and are able to measure the quality of that evidence. The evidence produced is capable of being tested in court or by publicly appointed regulators. Thus, the real-world system to which the CyRes methodology has been applied is capable of operating at all times and in all places with a legally and socially acceptable value of negative consequence.

Harjinder Singh Lallie, Lynsay A. Shepherd, Jason R. C. Nurse et al.

The COVID-19 pandemic was a remarkable unprecedented event which altered the lives of billions of citizens globally resulting in what became commonly referred to as the new-normal in terms of societal norms and the way we live and work. Aside from the extraordinary impact on society and business as a whole, the pandemic generated a set of unique cyber-crime related circumstances which also affected society and business. The increased anxiety caused by the pandemic heightened the likelihood of cyber-attacks succeeding corresponding with an increase in the number and range of cyber-attacks. This paper analyses the COVID-19 pandemic from a cyber-crime perspective and highlights the range of cyber-attacks experienced globally during the pandemic. Cyber-attacks are analysed and considered within the context of key global events to reveal the modus-operandi of cyber-attack campaigns. The analysis shows how following what appeared to be large gaps between the initial outbreak of the pandemic in China and the first COVID-19 related cyber-attack, attacks steadily became much more prevalent to the point that on some days, 3 or 4 unique cyber-attacks were being reported. The analysis proceeds to utilise the UK as a case study to demonstrate how cyber-criminals leveraged key events and governmental announcements to carefully craft and design cyber-crime campaigns.

Gregory Epiphaniou, Petros Karadimas, Dhouha Kbaier Ben Ismail et al.

The physical attributes of the dynamic vehicle-to-vehicle (V2V) propagation channel can be utilised for the generation of highly random and symmetric cryptographic keys. However, in a physical-layer key agreement scheme, non-reciprocity due to inherent channel noise and hardware impairments can propagate bit disagreements. This has to be addressed prior to the symmetric key generation which is inherently important in social Internet of Things (IoT) networks, including in adversarial settings (e.g. battlefields). In this paper, we parametrically incorporate temporal variability attributes, such as three-dimensional (3D) scattering and scatterers mobility. Accordingly, this is the first work to incorporate such features into the key generation process by combining non-reciprocity compensation with turbo codes. Preliminary results indicate a significant improvement when using Turbo Codes in bit mismatch rate (BMR) and key generation rate (KGR) in comparison to sample indexing techniques.

Hamish Haughey, Gregory Epiphaniou, Haider Al-Khateeb et al.

Darknet technology such as Tor has been used by various threat actors for organising illegal activities and data exfiltration. As such, there is a case for organisations to block such traffic, or to try and identify when it is used and for what purposes. However, anonymity in cyberspace has always been a domain of conflicting interests. While it gives enough power to nefarious actors to masquerade their illegal activities, it is also the cornerstone to facilitate freedom of speech and privacy. We present a proof of concept for a novel algorithm that could form the fundamental pillar of a darknet-capable Cyber Threat Intelligence platform. The solution can reduce anonymity of users of Tor, and considers the existing visibility of network traffic before optionally initiating targeted or widespread BGP interception. In combination with server HTTP response manipulation, the algorithm attempts to reduce the candidate data set to eliminate client-side traffic that is most unlikely to be responsible for server-side connections of interest. Our test results show that MITM manipulated server responses lead to expected changes received by the Tor client. Using simulation data generated by shadow, we show that the detection scheme is effective with false positive rate of 0.001, while sensitivity detecting non-targets was 0.016+-0.127. Our algorithm could assist collaborating organisations willing to share their threat intelligence or cooperate during investigations.

Milda Petraityte, Ali Dehghantanha, Gregory Epiphaniou

Various researchers have shown that the Common Vulnerability Scoring System (CVSS) has many drawbacks and may not provide a precise view of the risks related to software vulnerabilities. However, many threat intelligence platforms and industry-wide standards are relying on CVSS score to evaluate cybersecurity compliance. This paper suggests several improvements to the calculation of Impact and Exploitability sub-scores within the CVSS, improve its accuracy and help threat intelligence analysts to focus on the key risks associated with their assets. We will apply our suggested improvements against risks associated with several Android and iOS applications and discuss achieved improvements and advantages of our modelling, such as the importance and the impact of time on the overall CVSS score calculation.

Milda Petraityte, Ali Dehghantanha, Gregory Epiphaniou

This paper uses a scenario-based role-play experiment based on the usage of QR codes to detect how mobile users respond to social engineering attacks conducted via mobile devices. The results of this experiment outline a guided mobile phone forensics investigation method which could facilitate the work of digital forensics investigators while analysing the data from mobile devices. The behavioural response of users could be impacted by several aspects, such as impulsivity, smartphone usage and security or simply awareness that QR codes could contain malware. The findings indicate that the impulsivity of users is one of the key areas that determine the common mistakes of mobile device users. As a result, an investigative framework for mobile phone forensics is proposed based on the impulsivity and common mistakes of mobile device users. As a result, an investigative framework for mobile phone forensics is proposed based on the impulsivity and common mistakes of mobile device users. It could help the forensics investigators by potentially shortening the time spent on investigation of possible breach scenarios.