World Economic Forum has an AI warning for the global economy The World Economic Forum’s latest Global Risks Report identifies false and misleading information fueled by advanced artificial intelligence as the top risk to the global economy. The “Global Risks Report 2024” by the World Economic Forum was released on Wednesday. It has ranked the dangers associated with AI-generated misinformation ...

French computer hacker jailed in US A computer hacker who was part of a criminal gang that stole data from hundreds of millions of people and sold it on the dark web was jailed in the United States on Tuesday. Frenchman Sebastien Raoult created fake login pages as part of the ShinyHunters hacking group, which were used to raid the ...

Microsoft corrects the mistake it made while investing billions in ChatGPT maker Microsoft seems to have learnt its lesson from the fiasco at ChatGPT maker OpenAI. In November, ChatGPT board sacked the company’s CEO Sam Altman during a video call. The news shocked and surprised Microsoft, ChatGPT’s biggest investor, as everyone else. It’s a different story that two more days ...

Anuprita Daga moves on from Yes Bank, joins Angel One as Group CISO Anuprita Daga, Group CISO, Angel One Anuprita Daga has moved on from Yes Bank. She has joined Angel One as Group CISO. Angel One is the largest listed retail stock broking house in India, in terms of active clients on NSE. A technology-led financial services company, it ...

Hackers hit Moscow internet provider in response to Kyivstar cyber attack cyberattacks Hackers linked to Ukraine’s main spy agency have breached computer systems at a Moscow-based internet provider in retaliation for a Russian cyber attack against Ukrainian telecom giant Kyivstar, a source with direct knowledge of the operation told Reuters on Tuesday. The hacking group, dubbed “Blackjack”, has previously been ...

Ransomware attacks in healthcare organizations: Cybercriminals successfully encrypted data Sophos, which delivers cybersecurity as a service, in its sector survey report, “The State of Ransomware in Healthcare 2023,” revealed that, among those organizations surveyed, cybercriminals successfully encrypted data in nearly 75% of ransomware attacks. This is the highest rate of encryption in the past three years and a significant increase ...

Lessons in resilience: An Indian enterprise perspective Harish Soni, Resiliency and Security Practice Leader at Kyndryl India As we begin the new year, it is a good time for C-suite and CISO/IT heads to reflect on the lessons learned in 2023 and how to apply this knowledge going forward. From a global standpoint, 2023 was influenced by various factors such ...

SEC account hack renews spotlight on X’s security concerns The hack of the U.S. Securities and Exchange Commission’s official account on X on Tuesday renewed concerns about the social media platform’s security since its takeover by billionaire Elon Musk in 2022. The hackers posted false news about a widely anticipated announcement the SEC was expected to make about bitcoin, leading ...

What is Storm-1152, alleged top creator of fake Microsoft accounts? Microsoft has seized the websites of a Vietnam-based group it alleges sold millions of fake accounts to cybercriminals who used them for ransomware attacks, identity theft and other scams around the world. The group, identified by Microsoft as Storm-1152, developed sophisticated tools to defeat the US tech giant’s security features ...

Hackers selling X Gold accounts on dark web for phishing, scams: Report New Delhi, Cybercriminals are profiting from X “Gold” verification badge by selling compromised accounts for phishing and scams on the dark web marketplaces and forums, a new report revealed on Thursday. According to the cybersecurity firm CloudSEK, these accounts pose a huge risk for organisations and individuals alike, ...