EU approves biggest grant yet under Chips Act for TSMC Germany plant – ET CISO https://etimg.etb2bimg.com/thumb/msid-112671956,imgsize-218524,width-1200,height=765,overlay-etciso/corporate/eu-approves-biggest-grant-yet-under-chips-act-for-tsmc-germany-plant.jpg The European Commission said on Tuesday it had approved 5 billion euros ($5.5 billion) in German state aid to support a new microchip plant in Dresden for the European Semiconductor Manufacturing Company (ESMC). The award for the project led by Taiwan’s TSMC is the ...
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Sebi comes out with new cyber security framework for regulated entities, ET CISO
Sebi comes out with new cyber security framework for regulated entities, ET CISO Markets watchdog Sebi on Tuesday issued a new cyber security framework wherein all regulated entities are required to have appropriate security monitoring mechanisms, and the fresh norms will be implemented in a graded manner starting from January 2025. Besides, a Cyber Capability Index (CCI) for market infrastructure ...
Read More »Indonesia tightens cybersecurity after ransomware attack – ET CISO
Indonesia tightens cybersecurity after ransomware attack – ET CISO https://etimg.etb2bimg.com/thumb/msid-111696894,imgsize-8188,width-1200,height=765,overlay-etciso/data-breaches/indonesia-tightens-cybersecurity-after-ransomware-attack.jpg The recent cyberattack in Indonesia that massively disrupted its national data system has urged the country to strengthen its cyber resilience and evaluate its digital technology policy. The recent cyberattack in Indonesia that massively disrupted its national data system has urged the country to strengthen its cyber resilience and evaluate ...
Read More »CERT-UA Warns of New Vermin-Linked Phishing Attacks with PoW Bait
CERT-UA Warns of New Vermin-Linked Phishing Attacks with PoW Bait https://firewall.firm.in/wp-content/uploads/2024/08/card.png Aug 21, 2024Ravie LakshmananCyber Warfare / Threat Intelligence The Computer Emergency Response Team of Ukraine (CERT-UA) has warned of new phishing attacks that aim to infect devices with malware. The activity has been attributed to a threat cluster it tracks as UAC-0020, which is also known as Vermin. The ...
Read More »Seematti introduces India’s first AI fashion brand ambassador – ET CISO
Seematti introduces India’s first AI fashion brand ambassador – ET CISO https://etimg.etb2bimg.com/thumb/msid-112642742,imgsize-48308,width-1200,height=765,overlay-etciso/next-gen-tech/seematti-introduces-indias-first-ai-fashion-brand-ambassador.jpg Seematti, one of the oldest and most prestigious textile retail chains in India, a 110-year-old brand, has made history by introducing India’s first Artificial Intelligence (AI)-based fashion brand ambassador. Isha Ravi, the AI fashion model, will now represent Seematti in the Indian fashion world. Isha is depicted as ...
Read More »France reports over 140 cyberattacks linked to Olympics, IT Security News, ET CISO
France reports over 140 cyberattacks linked to Olympics, IT Security News, ET CISO French authorities said on Tuesday that more than 140 cyberattacks were reported during the Paris Olympics, but none of them disrupted the competitions. In the runup and throughout the Olympic Games, France’s cyber security agency had been on high alert for attacks that had the potential to ...
Read More »Italy’s antitrust takes aim at Google over personal data usage – ET CISO
Italy’s antitrust takes aim at Google over personal data usage – ET CISO https://etimg.etb2bimg.com/thumb/msid-111841665,imgsize-124092,width-1200,height=765,overlay-etciso/data-breaches/italys-antitrust-takes-aim-at-google-over-personal-data-usage.jpg Representative image Italy’s antitrust agency said on Thursday it had launched an investigation into online search giant Google and its parent company Alphabet over alleged unfair commercial practices involving users’ personal data. The request for consent that Google sends to its users to connect its multiple ...
Read More »Czech Mobile Users Targeted in New Banking Credential Theft Scheme
Czech Mobile Users Targeted in New Banking Credential Theft Scheme https://firewall.firm.in/wp-content/uploads/2024/08/hacker.png Aug 20, 2024Ravie LakshmananMobile Security / Banking Fraud Mobile users in the Czech Republic are the target of a novel phishing campaign that leverages a Progressive Web Application (PWA) in an attempt to steal their banking account credentials. The attacks have targeted the Czech-based Československá obchodní banka (CSOB), as ...
Read More »‘AI will displace accountants who ignore tech integration’ – ET CISO
‘AI will displace accountants who ignore tech integration’ – ET CISO https://etimg.etb2bimg.com/thumb/msid-112643077,imgsize-168772,width-1200,height=765,overlay-etciso/next-gen-tech/ai-will-displace-accountants-who-ignore-tech-integration.jpg Md Sajid Khan, Director – India, Association of Chartered Accountants (ACCA) Artificial Intelligence is poised to replace professional accountants who do not adapt to and integrate these technologies, according to Md Sajid Khan, Director – India at the Association of Chartered Certified Accountants (ACCA) “Artificial Intelligence is going ...
Read More »What is ‘model collapse’? An expert talks about impending AI doom, ET CISO
What is ‘model collapse’? An expert talks about impending AI doom, ET CISO Artificial intelligence (AI) prophets and newsmongers are forecasting the end of the generative AI hype, with talk of an impending catastrophic “model collapse”. But how realistic are these predictions? And what is model collapse anyway? Discussed in 2023, but popularised more recently, “model collapse” refers to a ...
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