90,000 scams in 4 months: How Southeast Asia is becoming the next Jamtara – ET CISO https://etimg.etb2bimg.com/thumb/msid-110402142,imgsize-9224,width-1200,height=765,overlay-etciso/cybercrime-fraud/90000-scams-in-4-months-how-southeast-asia-is-becoming-the-next-jamtara.jpg Cybercrimes such as investment, trading, digital arrest, and dating scams from SE asia. India is facing a significant surge in cyber fraud originating from Southeast Asian countries, according to recent data. With nearly half of the total defrauded money being traced back to ...
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Europe sets benchmark for rest of the world with landmark AI laws, ET CISO
Europe sets benchmark for rest of the world with landmark AI laws, ET CISO Europe’s landmark rules on artificial intelligence will enter into force next month after EU countries endorsed on Tuesday a political deal reached in December, setting a potential global benchmark for a technology used in business and everyday life. The European Union’s AI Act is more comprehensive ...
Read More »Experts Find Flaw in Replicate AI Service Exposing Customers’ Models and Data
Experts Find Flaw in Replicate AI Service Exposing Customers’ Models and Data https://firewall.firm.in/wp-content/uploads/2024/05/wiz.png May 25, 2024NewsroomMachine Learning / Data Breach Cybersecurity researchers have discovered a critical security flaw in an artificial intelligence (AI)-as-a-service provider Replicate that could have allowed threat actors to gain access to proprietary AI models and sensitive information. “Exploitation of this vulnerability would have allowed unauthorized access ...
Read More »Google tweaking AI overview after search result gaffes – ET CISO
Google tweaking AI overview after search result gaffes – ET CISO https://etimg.etb2bimg.com/thumb/msid-110412740,imgsize-735364,width-1200,height=765,overlay-etciso/corporate/google-tweaking-ai-overview-after-search-result-gaffes.jpg Google to take actions to improve AI summaries of search results. Google on Friday said it is taking “swift action” to improve AI summaries of search results, after users mocked blunders like Barack Obama being the first Muslim US president. Google users took to social media to lampoon ...
Read More »AI relies on mass surveillance, IT Security News, ET CISO
AI relies on mass surveillance, IT Security News, ET CISO AI technologies relies on mass surveillance for data. The AI tools that crunch numbers, generate text and videos and find patterns in data rely on mass surveillance and exercise concerning control over our lives, the boss of encrypted messaging app Signal told AFP on Thursday. Pushing back against the unquestioning ...
Read More »Hackers Created Rogue VMs to Evade Detection in Recent MITRE Cyber Attack
Hackers Created Rogue VMs to Evade Detection in Recent MITRE Cyber Attack https://firewall.firm.in/wp-content/uploads/2024/05/server.png May 24, 2024NewsroomEndpoint Security / Threat Intelligence The MITRE Corporation has revealed that the cyber attack targeting the not-for-profit company towards late December 2023 by exploiting zero-day flaws in Ivanti Connect Secure (ICS) involved the actor creating rogue virtual machines (VMs) within its VMware environment. “The adversary ...
Read More »India to develop its own foundational model for AI: Report – ET CISO
India to develop its own foundational model for AI: Report – ET CISO https://etimg.etb2bimg.com/thumb/msid-110352011,imgsize-1898112,width-1200,height=765,overlay-etciso/next-gen-tech/india-to-develop-its-own-foundational-model-for-ai-report.jpg The government is planning to develop its own version of a foundational model for artificial intelligence (AI). According to a report by Economic Times, the proposed AI foundational model will be customized for use by Indian companies, entrepreneurs, academics and researchers. Citing people aware of the ...
Read More »Over 7,000 daily complaints in 2024, key locations identified, ET CISO
Over 7,000 daily complaints in 2024, key locations identified, ET CISO 4,599 digital fraud complaints between January and April. India is grappling with a significant surge in cybercrime, registering an average of more than 7,000 complaints per day up to May this year so far. The majority of cyber fraudsters targeting India are believed to be operating from key locations ...
Read More »Global cybercrime cost increased 12x faster than spending – ET CISO
Global cybercrime cost increased 12x faster than spending – ET CISO https://etimg.etb2bimg.com/thumb/msid-110278718,imgsize-29578,width-1200,height=765,overlay-etciso/cybercrime-fraud/global-cybercrime-cost-increased-12x-faster-than-spending.jpg The annual spending on cybersecurity is to hit $183 billion this year. As organizations continue to spend billions of dollars on cybersecurity each year to prevent their businesses from losing sensitive data and important figures, a new report on Monday revealed that the global cybercrime cost has increased ...
Read More »Researchers Warn of Chinese-Aligned Hackers Targeting South China Sea Countries
Researchers Warn of Chinese-Aligned Hackers Targeting South China Sea Countries https://firewall.firm.in/wp-content/uploads/2024/05/china.png Cybersecurity researchers have disclosed details of a previously undocumented threat group called Unfading Sea Haze that’s believed to have been active since 2018. The intrusion singled out high-level organizations in South China Sea countries, particularly military and government targets, Bitdefender said in a report shared with The Hacker News. ...
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