Asokan is a U.K.-based senior correspondent for Information Security Media Group's global news desk. She previously worked with IDG and other publications, reporting on developments in technology, minority rights and education.
The European Commission took preliminary steps toward investigating Microsoft's financial interest in ChatGPT maker OpenAI under the trading bloc's antitrust regulation. The Tuesday announcement marks the second instance of official interest in Microsoft's investments in the generative AI firm.
ChatGPT maker OpenAI acknowledged that it would be "impossible" to develop generative artificial intelligence systems without using copyrighted material. The company defended its use of copyrighted material, stating that current copyright law does not forbid training data.
Machine learning systems are vulnerable to cyberattacks that could allow hackers to evade security and prompt data leaks, scientists at the National Institute of Standards and Technology warned. There is "no foolproof defense" against some of these attacks, researchers said.
Accenture has finalized its acquisition of U.K. tech consultancy firm 6point6, which specializes in cybersecurity, cloud and digital transformation solutions. The acquisition will add 6point6's 400 staffers to Accenture in support of its business in the U.K. market.
French IT firm Atos has confirmed it is in early-stage talks with Airbus to sell its cybersecurity unit for an estimated 1.8 billion euros, or 1.79 billion. The latest Airbus offer comes just six months after Airbus' unsuccessful bid for a minority stake in Atos Evidian.
The European Central Bank beginning this month will conduct cyber stress tests on banks to determine their resilience against cyberattacks. The agency is requiring 109 banks in Europe to perform vulnerability assessments and incident response evaluations by mid-2024.
British prosecutors have sentenced a teenager behind high-profile hacks while he was part of the now-inactive Lapsus$ hacking group. Arion Kurtaj, from Oxford, will remain in medical care after doctors declared he was unfit to stand for trial owing to severe autism.
The U.K.'s highest court on Wednesday affirmed that an artificial intelligence system cannot be granted ownership of patents. AI "is not a person, let alone a natural person and it did not devise any relevant invention," wrote Justice David Kitchin.
The U.K. national institute for artificial intelligence urged the government to establish red lines against the use of generative AI in scenarios in which the technology could take an irreversible action without direct human oversight. The U.K. government has sought to cultivate responsible AI.
The U.K. government is in no rush to legislate artificial intelligence, Secretary of State for Science, Innovation and Technology Michelle Donelan said on Wednesday, warning that a hard regulatory approach to AI could risk stifling innovation in this emerging sector of the economy.
A U.K. parliamentary committee investigating ransomware threats recommended a more aggressive stance against threat actors and said the government should consider making incident reporting mandatory and provide government support for public sector victims "to the point of full recovery."
The U.K. government has sanctioned 14 individuals and groups that illegally employed human trafficking victims in online crypto and investment scams. Sanctioned individuals include a Chinese national previously targeted by the U.S. Treasury for running a gambling and trafficking business in Laos.
The European Union will enforce its imminent regulation on artificial intelligence in phases, and bans on the use of prohibited AI are expected to kick in within six months of the regulation's adoption, a European Commission official said on Monday.
European lawmakers and officials failed to hammer out a compromise regulation on artificial intelligence after two days of talks that stretched over 22 hours and were intended to culminate in a Thursday settlement. The European Union has been at work on the Artificial Intelligence Act since 2021.
British Conservative lawmakers are pushing ahead with legislation modifying the U.K. codification of European privacy law despite objections from privacy advocates and concerns about the legislation's impact on European trade. Government backers say the bill will bolster the domestic AI industry.
Our website uses cookies. Cookies enable us to provide the best experience possible and help us understand how visitors use our website. By browsing bankinfosecurity.com, you agree to our use of cookies.