Featured Research

from universities, journals, and other organizations

Cognitive Hacking Warnings: More Internet Information Means More Disinformation,warns Dartmouth Professor

Date:
August 5, 2002
Source:
Dartmouth College
Summary:
Sometimes what seems to be a respected source of reliable information is actually a clever scheme to manipulate people, suggests Dartmouth Thayer School of Engineering Professor George Cybenko. This kind of "cognitive hacking" on the Internet could be contributing to the stock market's uncertainty, and it could shape our views in ways we don't even realize.

HANOVER, N.H. -- Why is the stock market fluctuating wildly these days? Is it poor earnings reports? Is it questionable accounting practices or CEO inefficiency? Or do investors trade frantically after they've read something on the Internet? If an investor reads a seemingly authoritative report about a company's performance, he or she might be influenced to buy or sell stock. Sometimes what seems to be a respected source of reliable information is actually a clever scheme to manipulate people, suggests Dartmouth Thayer School of Engineering Professor George Cybenko. This kind of "cognitive hacking" on the Internet could be contributing to the stock market's uncertainty, and it could shape our views in ways we don't even realize.

Related Articles


In an article in the August issue of Computer magazine, the publication of the Institute of Electrical and Electronics Engineers (IEEE) Computer Society, Cybenko recounts some elaborate cyber schemes intended to alter the user's perceptions. Writing with Paul Thompson, a senior research engineer at Dartmouth's Institute for Security Technology Studies, and Annarita Giani, a graduate student, the article describes different kinds of cognitive hacking and offers suggestions for combating this cunning crime.

"This really is a problem area straddling technology and society," says Cybenko. "By manipulating information, hackers can alter our perceptions of reality in subtle ways – without launching a virus or a network worm."

In one case during the summer of 2000, a cognitive hacker wrote a press release about a company stating that the company was revising its earnings statement to reflect a loss rather than a gain. Then he distributed the release, which also stated that the company's CEO had resigned, via a credible business news service, which was subsequently picked up by other news services. Within hours the stock price had plummeted, and the hacker had recouped a recent loss in a stock short sale (this is where stock prices must fall for the seller to profit). Although he was caught, fined and faces prison time, this scenario demonstrates the vulnerability of some networked systems.

"The damage had little to do with penetrating the network infrastructure or technology. It had to do with manipulating perception and waiting for altered reality to produce actions that would complete the attack," the article states.

Cybenko, Giani and Thompson describe various shades of cognitive hacking, some with significant consequences, while others are simply a nuisance. The outcome, however, is usually unpredictable. It's this unknown quality that makes thwarting cognitive hackers a challenge.

"People can help by trying to authenticate their information before acting on it," says Cybenko. "Of course, if the source is a news organization, the content provider has a responsibility to provide accurate, balanced information, but market pressures to be first with a story are taking their toll." Other avenues for curbing cognitive hacking involve network surveillance and constant monitoring, but the article points out that many of these tools and technologies still need to be developed.

"Until then, users must remain constantly alert," the article concludes.


Story Source:

The above story is based on materials provided by Dartmouth College. Note: Materials may be edited for content and length.


Cite This Page:

Dartmouth College. "Cognitive Hacking Warnings: More Internet Information Means More Disinformation,warns Dartmouth Professor." ScienceDaily. ScienceDaily, 5 August 2002. <www.sciencedaily.com/releases/2002/08/020805075441.htm>.
Dartmouth College. (2002, August 5). Cognitive Hacking Warnings: More Internet Information Means More Disinformation,warns Dartmouth Professor. ScienceDaily. Retrieved October 26, 2014 from www.sciencedaily.com/releases/2002/08/020805075441.htm
Dartmouth College. "Cognitive Hacking Warnings: More Internet Information Means More Disinformation,warns Dartmouth Professor." ScienceDaily. www.sciencedaily.com/releases/2002/08/020805075441.htm (accessed October 26, 2014).

Share This



More Computers & Math News

Sunday, October 26, 2014

Featured Research

from universities, journals, and other organizations


Featured Videos

from AP, Reuters, AFP, and other news services

Real-Life Transformer Robot Walks, Then Folds Into a Car

Real-Life Transformer Robot Walks, Then Folds Into a Car

Buzz60 (Oct. 24, 2014) — Brave Robotics and Asratec teamed with original Transformers toy company Tomy to create a functional 5-foot-tall humanoid robot that can march and fold itself into a 3-foot-long sports car. Jen Markham has the story. Video provided by Buzz60
Powered by NewsLook.com
Microsoft Riding High On Strong Surface, Cloud Performance

Microsoft Riding High On Strong Surface, Cloud Performance

Newsy (Oct. 24, 2014) — Microsoft's Q3 earnings showed its tablets and cloud services are really hitting their stride. Video provided by Newsy
Powered by NewsLook.com
The Best Apps to Organize Your Life

The Best Apps to Organize Your Life

Buzz60 (Oct. 23, 2014) — Need help organizing your bills, schedules and other things? Ko Im (@konakafe) has the best apps to help you stay on top of it all! Video provided by Buzz60
Powered by NewsLook.com
Nike And Apple Team Up To Create Wearable ... Something

Nike And Apple Team Up To Create Wearable ... Something

Newsy (Oct. 23, 2014) — For those looking for wearable tech that's significantly less nerdy than Google Glass, Nike CEO Mark Parker says don't worry, It's on the way. Video provided by Newsy
Powered by NewsLook.com

Search ScienceDaily

Number of stories in archives: 140,361

Find with keyword(s):
 
Enter a keyword or phrase to search ScienceDaily for related topics and research stories.

Save/Print:
Share:  

Breaking News:

Strange & Offbeat Stories

 

Space & Time

Matter & Energy

Computers & Math

In Other News

... from NewsDaily.com

Science News

Health News

Environment News

Technology News



Save/Print:
Share:  

Free Subscriptions


Get the latest science news with ScienceDaily's free email newsletters, updated daily and weekly. Or view hourly updated newsfeeds in your RSS reader:

Get Social & Mobile


Keep up to date with the latest news from ScienceDaily via social networks and mobile apps:

Have Feedback?


Tell us what you think of ScienceDaily -- we welcome both positive and negative comments. Have any problems using the site? Questions?
Mobile iPhone Android Web
Follow Facebook Twitter Google+
Subscribe RSS Feeds Email Newsletters
Latest Headlines Health & Medicine Mind & Brain Space & Time Matter & Energy Computers & Math Plants & Animals Earth & Climate Fossils & Ruins