Hackers are exploiting OAuth applications to compromise user accounts, manipulate and confer elevated privileges, and set up cryptomining operations, which has cost some organizations up to $1.5 million in losses, according to Microsoft's Threat Intelligence team.
Russia and China are expert at picking the "most difficult nexuses" in society - such as free speech protections in the United States - and using them against us, said Jeff Moss, creator of the Black Hat conference, as he outlined near-term geopolitical challenges facing cybersecurity defenders.
EU officials announced a compromise over a regulation on artificial intelligence in the works since 2021, making the trading bloc first in the world to comprehensively regulate the nascent technology. Europe understands "the importance of its role as global standard setter,” said Thierry Breton.
By the numbers, who has implemented GenAI in their organization? Who has a dedicated budget? And who understands the AI regulations for their industry? An expert panel discusses the findings of ISMG's First Annual Generative AI Study: Business Rewards vs. Security Risks.
The Transportation Security Administration is exploring the possibilities of a future of U.S. travel "underpinned by AI advancements," according to the agency's deputy CIO, with next-generation technologies shaping new verification and threat detection efforts.
According to a recent pulse poll from ISACA on generative AI, only 6% of respondents' organizations are providing training to all staff on AI, and more than half - 54% - say that no AI training is provided at all, even to teams directly affected by AI.
In the latest weekly update, four editors at Information Security Media Group discuss Sam Altman and OpenAI's brief leadership nightmare, the state of generative AI one year after the general release of ChatGPT, and how police nabbed a suspected ransomware group ringleader in Ukraine.
Nov. 30 marks the one-year public birthday of ChatGPT. Gartner's Avivah Litan shared insights on the current state and future of generative AI, as well as the potential market after-effects of the pre-Thanksgiving drama involving OpenAI, its board and fired/reinstated CEO Sam Altman.
Nearly two dozen national cybersecurity organizations on Sunday urged AI developers to embrace "secure by design" and other preventive measures aimed at keeping hackers out from the mushrooming world of AI systems. The United Kingdom and United States spearheaded its development.
Generative AI can improve operational efficiencies, enhance risk and compliance and elevate the client experience for financial services firms, said Wipro's Suzanne Dann. Wipro embraced generative AI to reduce fraud by spotting anomalous behavior and used synthetic data to test deep learning models.
IT leaders are poised to employ AIOps to combat the challenges faced by ITOps teams due to vast data volumes, alert fatigue and task prioritization. AIOps can potentially revolutionize IT operations, streamline alert management, and enhance overall reliability by combining AI and ML.
This week, Chinese-affiliated hackers targeted the Philippine government; Kansas courts confirmed data theft; officials warned of exploited flaws in Sophos, Oracle and Microsoft software; AutoZone disclosed a Clop ransomware attack; and Optus' CEO resigned after a network outage.
AI has become a major talking point for cybersecurity vendors since the release of ChatGPT a year ago. But AI and ML are nothing new, and the power behind using them to detect cyberthreats comes from the richness of datasets, said Debasish Mukherjee, VP of sales for the APJ region at SonicWall.
Having a small board of directors composed largely of current employees left OpenAI with insufficient governance and oversight, creating the conditions for Sam Altman's firing. Technology or financial firms considering an investment in OpenAI should have demanded a more stable and competent board.
Technology investors and executives are reeling from OpenAI's shocking firing of co-founder and CEO Sam Altman, though there's a chance the split may be short-lived. 'Whatever offense Altman committed, it would have to be tremendous for the board to make this move,' said Rain Capital's Chenxi Wang.
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.
