In the latest weekly update, ISMG editors discussed the implications of the U.S. investigation into Chinese hackers targeting telecom wiretap systems, the catastrophic risks of AI and the recent veto of an AI safety bill in the U.S., and the latest global ransomware response guidance.
An attempt by the California statehouse to tame the potential of artificial intelligence catastrophic risks hit a roadblock when Governor Gavin Newsom vetoed the measure late last month. One obstacle is lack of a widely-accepted definition for "catastrophic" AI risks.
While a Ransomware Task Force study of 2023 ransomware group disruptions finds they're often "tactical and temporary," report co-author Taylor Grossman said recent, major law enforcement actions may "really strategically pull them apart and make it harder for them to regroup."
Foreign threat actors are using generative artificial intelligence to influence U.S. elections, but their impact is limited, said OpenAI. Threat actors from China, Russia, Iran, Rwanda and Vietnam maliciously used AI tools to support influence operations.
Relyance AI raised $32 million in Series B funding to grow its data governance platform. The funds will be used to scale operations, enhance real-time data visibility, and support enterprises in complying with complex global privacy regulations, ensuring responsible AI adoption across industries.
This week, Australia seized crypto from alleged Ghost mastermind, Taiwan drafts new AML rules, IcomTech founder sentenced, U.S. looks to recover stolen crypto, EigenLayer's erroneous fund transfer, FTX's bankruptcy plan approved, Bitfinex hack update and regulatory push for a lawsuit against Nvidia.
The U.S. Department of Justice is drafting new guidelines for law enforcement on the use of artificial intelligence and facial recognition tools to enhance public safety while safeguarding civil rights and ensuring ethical deployment, a senior official said Wednesday.
A U.S. federal judge mostly stopped from going into effect a newly-enacted California law restricting the use of election-related deepfakes, ruling Wednesday the statute likely violates American freedom of speech guarantees. The legislation "acts as a hammer instead of a scalpel," the judge wrote.
Russia’s primary federal investigative agency announced a rare and sweeping investigation into the United States-sanctioned cryptocurrency exchange Cryptex and other platforms used to carry out illegal transactions and launder millions from ransomware groups.
The Irish data regulator launched an investigation into Dublin-based ultra low-cost carrier Ryanair to identify potential privacy violations related to the company's use of third-party facial recognition technology, stepping into a running fight Ryainair has fought against online ticket sellers.
Adam Geller discusses his shift from Exabeam CEO back to product leadership at Zscaler, where he plans to use the company's vast data insights and security operations to drive growth. Geller emphasizes the importance of CXO-level visibility and robust customer adoption strategies.
While the number of ransomware attacks stayed about the same in the past year, cybercriminals are using more effective tactics such as weaponizing breach disclosure deadlines to extract higher ransoms, according to ENISA's 2024 Threat Landscape report.
This week, a guilty plea for $37M stolen, a $3.8M Onyx hack, a first conviction for illegal crypto ATM operations, Zort owner fraud, WazirX's post-hack liability, U.S. congressmen ask for Binance exec's release, a U.S. court denied Tornado Cash exec's motion and a SEC-Mango Markets settlement.
Quantum computing has been evolving for decades and holds immense promise. Companies have invested billions of dollars in this technology, which will eventually solve complex business problems. But for now the use cases are limited, said Kawin Boonyapredee, chief strategy officer at Applied Quantum.
OpenAI’s new $6.6 billion round of funding has nearly doubled its valuation to $157 billion. With investments from Thrive Capital, Microsoft, SoftBank and Nvidia, OpenAI plans to expand its AI research while facing pressures around executive turnover and its transition away from a nonprofit model.
Our website uses cookies. Cookies enable us to provide the best experience possible and help us understand how visitors use our website. By browsing inforisktoday.in, you agree to our use of cookies.
