Artificial intelligence poses a global risk of extinction tantamount to nuclear war and pandemics, say a who's who of artificial intelligence executives in an open letter that invokes danger without suggesting how to mitigate it. Among the signatories are Sam Altman and Geoffrey Hinton.
Amazon agreed to pay $5.8 million to settle a Federal Trade Commission investigation into allegedly poor cybersecurity practices by its Ring home surveillance device subsidiary. The company is also poised to come under two decades' worth of outside reviews of a mandated data and security program.
Microsoft Ireland revised its cookie policy for the Bing search engine in France after it received a reprimand from the country's data protection agency for privacy violations. The revision ensures Microsoft will not pay an additional 60,000-euro fine for each day of noncompliance.
Synopsys stands head and shoulders above the competition in Gartner's application security testing rankings, with Snyk rising and HCL Software falling from the leaders category. Longtime app security players Veracode, Checkmarx and OpenText joined Synopsys and Snyk atop the Gartner Magic Quadrant.
Many hospitals are still more reactive than proactive in terms of embracing recommended best practices that can advance their cybersecurity maturity level, said Steve Low, president of KLAS Research, and Ed Gaudet, CEO of consulting firm Censinet, who discuss findings of a recent benchmarking study.
Losses to fraud reported by Britain's financial services sector exceeded $1.5 billion in 2022, declining by 8% from 2021, says trade association UK Finance. About 40% of losses tied to authorized push payment fraud, in which victims get tricked into transferring funds to attackers.
Online sports retailer Sports Warehouse has agreed overhaul its security program and pay a $300,000 fine to New York State after hackers stole 20 years' worth of payment card data and customer information the company was storing in plaintext on its e-commerce server.
Federal regulators are aiming to protect patient information shared on websites. It's increasingly important for healthcare sector entities to take a careful and proactive approach in how they are using website tracking and analytics technologies, said Lokker CEO and privacy expert Ian Cohen.
ChatGPT will continue to operate inside the European Union despite warnings from OpenAI CEO Sam Altman that he's prepared to pull out from the bloc if he doesn't like regulations being prepared in Brussels. European lawmakers earlier this month proposed new obligations for AI models such as GPT.
In the latest weekly update, ISMG editors discuss top takeaways from Ukraine's cyber defense success, how a European regulator suspended Facebook data transfers to the United States, and the state of the EU General Data Protection Regulation on its five-year anniversary.
The American Hospital Association is urging federal regulators to back off from recent guidance that treats patient IP addresses as protected health information, saying that the new rules would "reduce public access to credible health information" and create hardships for doctors and hospitals.
Between May 19 and 25, a hacker took control of Tornado Cash and stole $1 million, plaintiffs in a Coinbase-bankrolled lawsuit pressed for summary judgment, attackers used crypto phishing as a service to steal $6 million, Trezor hot wallet was found to possibly be buggy and Celer patched a bug.
Five years after the effective date of the General Data Protection Regulation, the European Union privacy law - hailed as a way to protect the privacy of citizens in an increasingly digital world - continues to be marred by criticism over its lack of effectiveness and uneven implementation.
As the largest media company at RSA Conference 2023, ISMG conducted more than 160 individual interviews with CEOs, CISOs, government leaders, investors, researchers and attorneys. This compendium covers every facet of cybersecurity, from the latest technology solutions to emerging trends.
Breach notifications from British outsourcing giant Capita mount amid signs the multibillion-pound company doesn't have a firm grip on how much data it exposed. For a company that trumpets its ability to "achieve better outcomes," Capita's inability to grasp the impact of its breaches is ironic.
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