Federal Reserve Board Governor Lisa D. Cook is cautiously optimistic about the impact of generative AI on jobs and productivity but urged the industry to address the "very real concerns." While she sees "broad benefits from its use, in the short term, she said, AI could disrupt the labor market.
The Polish data regulator launched a probe into OpenAI's ChatGPT for potential privacy violations of the European General Data Protection Regulation. The Polish regulator is the third European data protection agency to raise privacy concerns related to ChatGPT.
Apple released patches Thursday to close three actively exploited vulnerabilities that researchers say commercial spyware maker Cytrox used to infect the iPhone of Egyptian politician Ahmed Eltantawy with Predator malware. The Citizen Lab attributes the attacks to the Egyptian government.
A late-stage SASE startup led by a serial entrepreneur hauled in a massive equity investment to address the feature and capability needs of large enterprises. The $238 million in funding will allow Cato Networks to more tightly align CASB and DLP with SASE to safeguard cloud apps and sensitive data.
SentinelOne observed suspected cyberespionage actors of unknown origin using modular backdoors and highly stealthy tactics in August to target telecommunication companies in the Middle East, Western Europe and South Asia. The group, tracked as Sandman, is using the novel backdoor LuaJIT.
This week, hackers stole $70 million from CoinEx, FTX resumed online claims, Balancer suffered a breach, Celsius creditors are targets of phishing, nearly $900,000 was stolen from Mark Cuban's hot wallet, Malta prepares for crypto regulation and Hong Kong cracked down on illicit crypto exchanges.
WatchGuard purchased a Massachusetts company to extend network detection and response capabilities traditionally reserved for high-end enterprises to the midmarket through MSPs. The deal gives WatchGuard clients more visibility into east-west network traffic and activity taking place on the cloud.
Federal authorities are warning of "significant risk" for potential attacks on healthcare and public health sector entities by the North Korean state-sponsored Lazarus Group involving exploitation of a critical vulnerability in 24 Zoho ManageEngine products.
The private sector's frenzy to incorporate generative AI into products is leading companies to overlook basic security practices, a Google executive warned Tuesday. "Most people are still struggling with the basics," said John Stone, whose title at Google Cloud is "chaos coordinator."
This week, ISMG editors covered the hot topics at ISMG's London Cybersecurity Summit 2023, including the technical landscape of AI, executive liability, incident response strategies in the face of a global ransomware attack and how to build personal resilience to avoid burnout.
Last year's winner of RSA Conference's prestigious Innovation Sandbox contest could soon be acquired by Palo Alto Networks, according to Calcalist. The platform security behemoth is in advanced negotiations to purchase enterprise browser startup Talon Cyber Security for $600 million, Calcalist said.
A researcher advised lawmakers to "keep calm and avoid overhyping China's AI capabilities" since the authoritarian regime struggles to drive widespread adoption of new technology. He urged Congress to embrace an "open system of innovation" around AI even it that results in some IP leaking to China.
In this episode of CyberEd.io's podcast series, "Cybersecurity Insights," Daniel DeSantis, director of CISO Advisory at Cisco, and Pam Lindemoen, CISO adviser at Cisco, discuss how generative AI will change and elevate the role of the CISO as well as what the future holds for network security.
Established provider LexisNexis Risk Solutions remains atop Forrester's digital fraud management rankings, while upstart Sift broke into the leaders category for the first time. Many providers in the space have expanded from payment transactions to account takeover fraud as well as handling scams.
DHS says it will eschew biased artificial intelligence decision-making and facial recognition systems as part of an ongoing federal effort to promote "trustworthy AI." "Artificial intelligence is a powerful tool we must harness effectively," said Secretary of Homeland Security Alejandro Mayorkas.