Nine great industry news stories from this week you may have missed.

AI Cameras to Catch Texting Drivers in Australia

Via BBC

Australian authorities have announced that they will be using AI-driven cameras to catch people in the act of using their phones while driving — a world first. During a trial in the first half of 2019, the monitors  successfully detected 100,000 drivers using a device illegally. Now, drivers are beginning to receive warning letters. After the initial three-month warning period, drivers caught by the cameras will receive penalty points and a $300 fine. Learn all the details here. 

5 Legal Technologies You Thought Were Dead

Via Above the Law

Books, CDs, fax, BlackBerry phones and WordPerfect. If you think no one uses those technologies anymore, think again. Despite the huge amount of innovations made in the legal tech industry in recent years, some legacy devices seem to be sticking around. Read Above the Law's recent article to find out why these five technologies won't be going anywhere anytime soon. 

Are Your Passwords on the Dark Web?

Via CNET

By the time a company tells you that your data's been stolen as part of a breach, your login credentials may already be on the dark web. With your stolen information, hackers can do everything from making purchases and opening up credit accounts in your name to filing for your tax refunds and making medical claims, all posing as "you." You can't stop sites from getting hacked, but you can take a few steps to limit the damage done from the breach. CNET’s latest article shares a few tips on how to monitor your passwords using either Firefox or Google Chrome.

What Will Machine Learning Mean for Asset Managers?

Via Harvard Business Review

From creating new ways to analyze data to removing human bias, there is a lot that Machine Learning can do. While a 2019 survey shows that only ten per cent of portfolio managers have harnessed Machine Learning, this number is expected to grow. Harvard Business Review’s recent article dives into how ML algorithms can help managers and why it can't completely replace human judgement.

Relativity in the Classroom

Via Above the Law

Students are now graduating with Relativity Certified User credentials through Relativity’s Academic Partner Program. This initiative brings the leading eDiscovery software into law schools, universities and college campuses across the world. Currently, the program is in over 90 schools and is 100 per cent free. Learn all the details here.

What is the Cost of a Data Breach?

Via Forbes

While the number of cyber attacks is decreasing, the price organizations have to pay in the case of a data breach continues to rise. Privacy Rights Clearinghouse reports that the number of reported cyber attacks decreased to 1.4 billion in 2018 from 4.8 billion in 2016. However, the average cost per breach has increased from $3.54 million in 2006 to $8.19 million in 2019. Learn why the cost is growing and what organizations are responsible to pay for on Forbes.com.

The Future of Facebook's AI

Via Wired

Facebook’s VP of Artificial Intelligence oversees the hundreds of scientists and engineers whose work shapes the company’s direction and its impact on the world. The platform’s algorithms learn how to grab and hold our attention to make it more addictive. They’re also used to police hate speech, fake news and cyberbullying. Learn his take on the future of AI and what it will mean for user engagement in Wired’s recent article.

Microsoft 365 'Life' Is Launching this Spring

Via The Verge

Microsoft has been leading up to launch a consumer version of its Microsoft 365 subscription for months. They’ve also been working on a “for life” version of Microsoft Teams, which includes features like sending locations, shared family calendars and document sharing. This new feature will likely be bundled as part of the Microsoft 365 Life subscription though it isn’t clear whether any significant changes to the price of the existing Office 365 Personal and Home subscriptions will happen. Get the full scoop on The Verge.

Information Management Best Practices

Via AIIM

Where should information management live in an organization? Many organizations don't have a dedicated information management function, but rather an umbrella term for all the different disciplines used to manage it all. AIIM explains the best way to govern records management, content, privacy and data protection, scanning and more in their recent post.