How India became the epicentre of fintech and cybersecurity engineering https://etimg.etb2bimg.com/thumb/msid-126786898,imgsize-40172,width-1200,height=627,overlay-etciso,resizemode-75/cybercrime-fraud/india-emerges-as-a-global-leader-in-fintech-and-cybersecurity-innovations.jpg In a recent episode of GCC Giants, Shivi Mithal, vice president and country manager India at Mimecast, and Sunil Shirguppe, senior vice president and India country head at Greenlight Financial, outlined how their centres are moving from compliance and risk functions to front line innovation. For years, India’s global ...
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American billionaire Mark Cuban has a warning on AI chatbots for CEOs, ETCIO
American billionaire Mark Cuban has a warning on AI chatbots for CEOs, ETCIO American billionaire investor Mark Cuban has now issued a stark warning for business leaders about the risks and opportunities of artificial intelligence. Along with this, Cuban has also cautioned that while AI can transform companies, its careless use could expose valuable intellectual property. Speaking during a call ...
Read More »EU considers making WhatsApp more responsible for tackling harmful content
EU considers making WhatsApp more responsible for tackling harmful content https://etimg.etb2bimg.com/thumb/msid-126447170,imgsize-50786,width-1200,height=627,overlay-etciso,resizemode-75/corporate/eu-considers-making-whatsapp-more-responsible-for-tackling-harmful-content.jpg By Louise Rasmussen and Foo Yun Chee Meta Platform’s messaging unit WhatsApp will likely be subject to tough online content rules targeting illegal and harmful content after it met the user threshold under this regulation, a European Commission spokesperson said on Friday. WhatsApp had about 51.7 million average monthly ...
Read More »Samsung to focus on hybrid AI, open collaborations, Knox security to safeguard privacy, ETCIO
Samsung to focus on hybrid AI, open collaborations, Knox security to safeguard privacy, ETCIO Samsung Electronics has said it will prioritise governance, protect privacy and secure its services to ensure that artificial intelligence (AI) emerges as a ‘true companion’ of users. The South Korean consumer electronics giant’s announcement comes amid a raging debate about consumers’ security and privacy in the ...
Read More »How AI-generated images darkened the picture for enterprises
How AI-generated images darkened the picture for enterprises https://etimg.etb2bimg.com/thumb/msid-126298106,imgsize-38456,width-1200,height=627,overlay-etciso,resizemode-75/corporate/how-ai-generated-images-darkened-the-picture-for-enterprises.jpg With artificial intelligence-generated image tools getting more accessible, users are creating realistic and sometimes flawless recreations, sometimes to even make fake claims, experts said. This could spell real financial loss for companies, including in the ecommerce and quick commerce space, they said. Such an instance occurred in November, when a quick ...
Read More »OpenAI hunts for ‘Head of Preparedness’ amid rising AI safety concerns, ETCIO
OpenAI hunts for ‘Head of Preparedness’ amid rising AI safety concerns, ETCIO OpenAI first announced its preparedness team in 2023, saying it would study potential “catastrophic risks”. OpenAI is seeking to appoint a senior executive to examine emerging risks linked to advanced artificial intelligence (AI), as scrutiny grows over the technology’s impact on areas such as cybersecurity and mental health. ...
Read More »My prediction for 2026: The shift to “Machine-Speed Defense”
My prediction for 2026: The shift to “Machine-Speed Defense” https://etimg.etb2bimg.com/thumb/msid-126304236,imgsize-357760,width-1200,height=627,overlay-etciso,resizemode-75/ciso-movement/2026-the-emergence-of-machine-speed-defense-in-cybersecurity.jpg For years, “Human-in-the-Loop” (HITL) has been the mantra of responsible AI. We envisioned a future where artificial intelligence would augment our capabilities, but a human would always retain the final say — the ultimate “kill switch.” In cybersecurity, this model has served us reasonably well, allowing human analysts to review, ...
Read More »Meta sued by US Virgin Islands over ads for scams, dangers to children, ETCIO
Meta sued by US Virgin Islands over ads for scams, dangers to children, ETCIO The attorney general of the US Virgin Islands has sued Meta Platforms, accusing the Facebook and Instagram owner of deliberately profiting from advertisements for scams and failing to keep its social media platforms safe for children. “Meta knowingly and intentionally exposes its users to fraud and ...
Read More »European Space Agency confirms cyberattack on some its systems
European Space Agency confirms cyberattack on some its systems https://etimg.etb2bimg.com/thumb/msid-126298138,imgsize-105962,width-1200,height=627,overlay-etciso,resizemode-75/data-breaches/european-space-agency-confirms-cyberattack-on-some-its-systems.jpg The European Space Agency (ESA) has confirmed a cyberattack on some of its systems after a hacker offered to sell data allegedly stolen from the organisation. The agency’s forensic investigation has revealed that servers located outside the ESA corporate network have been compromised. According to ESA, only a very small ...
Read More »How the Social Media Giant Outmaneuvers Scammer Regulations, ETCIO
How the Social Media Giant Outmaneuvers Scammer Regulations, ETCIO By Jeff Horwitz Japanese regulators last year were upset by a flood of ads for obvious scams on Facebook and Instagram. The scams ranged from fraudulent investment schemes to fake celebrity product endorsements created by artificial intelligence. Meta, owner of the two social media platforms, feared Japan would soon force it ...
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