Companies face growing risks from budget-friendly Chinese AI models in their operations https://etimg.etb2bimg.com/thumb/msid-134955421,imgsize-1697544,width-1200,height=627,overlay-etciso,resizemode-75/vulnerabilities-exploits/companies-face-growing-risks-from-budget-friendly-chinese-ai-models-in-their-operations.jpg Companies turning to low-cost Chinese artificial intelligence (AI) models are exposing themselves to serious digital vulnerabilities, OpenAI chief financial officer (CFO) Sarah Friar warned on Wednesday (October 14), urging organisations to rely on Western-developed platforms for critical operations. Speaking to Bloomberg at the International AI Summit in ...
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Banks mull higher cybersecurity spending after AI-linked hacking incidents
Banks mull higher cybersecurity spending after AI-linked hacking incidents https://etimg.etb2bimg.com/thumb/msid-134881065,imgsize-1619593,width-1200,height=627,overlay-etciso,resizemode-75/data-breaches/banks-mull-higher-cybersecurity-spending-after-ai-linked-hacking-incidents.jpg South Korean banks are considering increasing spending on cybersecurity systems and personnel following a series of recent hacking attacks on local lenders, industry sources said on Sunday. Major lenders, including Shinhan Bank, Hana Bank and KB Kookmin Bank, have reported leaks or exposure of customer data in hacking incidents this ...
Read More »Guardrails, safe architecture key to unlocking AI gains for enterprises
Guardrails, safe architecture key to unlocking AI gains for enterprises https://etimg.etb2bimg.com/thumb/msid-134881060,imgsize-1504513,width-1200,height=627,overlay-etciso,resizemode-75/corporate/guardrails-safe-architecture-key-to-unlocking-ai-gains-for-enterprises.jpg The architecture and methodologies for safely deploying Artificial Intelligence will continue to evolve, as was the case with previous technologies, and adequate guardrails will pave the way to unlock strong productivity gains from AI, Airtel Business CEO Sharat Sinha said. On the government’s plan to soon release a consultation ...
Read More »Leak exposes payments made to hacking group that has extorted millions from law firms
Leak exposes payments made to hacking group that has extorted millions from law firms https://etimg.etb2bimg.com/thumb/msid-134777794,imgsize-1094063,width-1200,height=627,overlay-etciso,resizemode-75/cybercrime-fraud/leak-exposes-payments-made-to-hacking-group-that-has-extorted-millions-from-law-firms.jpg Leak data posted to the internet has exposed payments made to a hacking group known for extorting large sums of money from law firms, blockchain investigations firm Chainalysis said on Wednesday. The findings come after an unknown party posted troves of data allegedly associated with ...
Read More »Govt asks banks to develop a sector-wide quantum transition along with an AI resilience framework
Govt asks banks to develop a sector-wide quantum transition along with an AI resilience framework https://etimg.etb2bimg.com/thumb/msid-134777862,imgsize-1224705,width-1200,height=627,overlay-etciso,resizemode-75/vulnerabilities-exploits/govt-asks-banks-to-develop-a-sector-wide-quantum-transition-along-with-an-ai-resilience-framework.jpg The government has directed banks to develop a sector-wide quantum transition and adoption strategy, along with an artificial intelligence (AI) resilience framework. This follows the identification of the banking, financial services and insurance (BFSI) sector as critical information infrastructure, said people familiar with the ...
Read More »Asos opens investigation into potential customer data breach amid issues with third-party platforms
Asos opens investigation into potential customer data breach amid issues with third-party platforms https://etimg.etb2bimg.com/thumb/msid-134754019,imgsize-856466,width-1200,height=627,overlay-etciso,resizemode-75/data-breaches/asos-opens-investigation-into-potential-customer-data-breach-amid-issues-with-third-party-platforms.jpg UK online fashion giant Asos said Tuesday it was investigating “unauthorised activity involving third-party platforms” after its customers received a phone alert saying the retailer had been hacked. Asos, which has 17 million active customers worldwide, said personal information like names and contact details “may have ...
Read More »Why application & data security must be at the core of India’s digital future
Why application & data security must be at the core of India’s digital future https://etimg.etb2bimg.com/thumb/msid-134720807,imgsize-76458,width-1200,height=627,overlay-etciso,resizemode-75/vulnerabilities-exploits/why-application-data-security-must-be-at-the-core-of-indias-digital-future.jpg Artificial intelligence (AI) is rapidly transforming India’s next phase of digital growth. From financial services and healthcare to manufacturing and public services, AI, IoT, cloud computing and Digital Public Infrastructure are fundamentally reshaping how businesses operate, deliver services and engage with customers. At the same ...
Read More »Airtel Business launches IQ Gateway for secure enterprise communications
Airtel Business launches IQ Gateway for secure enterprise communications https://etimg.etb2bimg.com/thumb/msid-134693793,imgsize-1517038,width-1200,height=627,overlay-etciso,resizemode-75/identity-access-management/airtel-business-launches-iq-gateway-for-secure-enterprise-communications.jpg Airtel Business on Monday launched Airtel IQ Gateway, a telco-grade network intelligence platform designed to consolidate diverse customer communication channels into a secure control plane. This platform aims to simplify business communications for enterprises while enhancing security and trust. The platform combines SMS, WhatsApp, RCS, voice communications, and number verification ...
Read More »Accenture contractor removed from FBI following damaging data breach
Accenture contractor removed from FBI following damaging data breach https://etimg.etb2bimg.com/thumb/msid-134720885,imgsize-982210,width-1200,height=627,overlay-etciso,resizemode-75/vulnerabilities-exploits/accenture-contractor-removed-from-fbi-following-damaging-data-breach.jpg The Federal Bureau of Investigation removed an Accenture contractor on Monday over their role in a damaging data breach that exposed sensitive personal details of thousands of bureau employees, two sources familiar with the matter told Reuters. In a statement to Reuters, a senior FBI official confirmed that an unidentified ...
Read More »AI Is Reshaping India’s Security Operations Centres – But Are Organisations Ready for What Comes Next?
AI Is Reshaping India’s Security Operations Centres – But Are Organisations Ready for What Comes Next? https://etimg.etb2bimg.com/thumb/msid-134701278,imgsize-101578,width-1200,height=627,overlay-etciso,resizemode-75/brand-solution/ai-is-reshaping-indias-security-operations-centres-but-are-organisations-ready-for-what-comes-next.jpg ETCISO, in association with SentinelOne, has launched Cyber Surakshit Bharat – Cyber Heroes 2.0, a Digital Coffee Table Book charting one of the most consequential shifts in India’s cybersecurity: the rise of AI-powered intelligence within the Security Operations Centre (SOC). Narrated through the ...
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