Articles for tag: AI compliance, Cybersecurity, EU AI Act, fraud prevention, identity verification, Jumio, LatticeFlow AI

November 12, 2024

Jumio partners with LatticeFlow AI to enhance identity verification, ensuring compliance with stringent EU AI regulations and reducing fraud.

Jumio has partnered with LatticeFlow AI to enhance the security and reliability of its identity verification platform. This collaboration focuses on using LatticeFlow’s advanced AI technology to improve model fairness and reduce fraud, helping Jumio comply with new regulations, especially the EU’s Artificial Intelligence Act. With these improvements, Jumio aims to proactively identify risks and ...

November 10, 2024

Market News

Cyberattacks are escalating, targeting backups and exposing AI vulnerabilities; Zero Trust is essential to protect against these rapidly evolving threats.

In today’s rapidly evolving digital landscape, companies face an alarming rise in cyberattacks, often targeting backup systems. Experts reveal that 73% of organizations experience backup hijacking, which can lead to devastating consequences. As businesses increasingly adopt artificial intelligence for various functions, they unknowingly widen their vulnerabilities, allowing attackers to exploit AI systems to extract sensitive ...

November 10, 2024

Market News

Cyberattacks are escalating, targeting backups and exposing AI vulnerabilities; Zero Trust is essential to protect against these rapidly evolving threats.

In today’s digital landscape, cyberattacks have become more severe, with companies struggling to recover from breaches. With the rise of artificial intelligence, the threat to sensitive data and backup systems has intensified. Experts warn that attackers often target backups, and many organizations suffer devastating losses when these are compromised. As firms incorporate AI into their ...

November 2, 2024

Market News

Chinese researchers cracked a 22-bit RSA key with quantum computing, highlighting urgent cybersecurity challenges and opportunities in the digital age.

Chinese researchers have made headlines by cracking a 22-bit RSA key using a quantum computer, highlighting the rapid advancements in quantum technology. While current RSA keys are much larger and remain secure, this breakthrough underscores the future risks quantum computing poses to cybersecurity. Although quantum computing is a threat, it also offers solutions, like quantum ...

November 2, 2024

Market News

Business

Innovative Tech Trends Unveiled at 2024 Bloomberg London Conference

At the 2024 Bloomberg Tech London event, industry leaders gathered to discuss the latest advancements in technology and innovation. Key topics included the rise of artificial intelligence and its impact on the job market, sustainable tech initiatives, and the future of digital finance. Notable speakers emphasized the need for collaboration between tech companies and regulators to ensure ethical AI development. Networking opportunities were plentiful, fostering discussions on emerging trends and startup growth. The event highlighted London’s role as a global tech hub, showcasing its vibrant ecosystem and potential for future investments.

November 2, 2024

Market News

As Election Day approaches, AI-generated disinformation threatens voter trust, creating confusion and potentially suppressing turnout through deceptive tactics.

As Election Day approaches, concerns are rising about artificial intelligence being used to spread false information that could mislead voters and impact the electoral process. Experts, like Aanjhan Ranganathan from Northeastern University, warn that AI can create convincing fake images, videos, and even messages, causing confusion and voter suppression. For instance, fake videos might show ...

November 2, 2024

Market News

As the US election nears, Anthropic warns of AI risks, advocating for urgent, targeted regulations to ensure safety and innovation.

As the US presidential election approaches, AI company Anthropic is calling for targeted regulations to address rising risks associated with AI technology. They highlight significant advancements in coding and cybersecurity capabilities, emphasizing that AI models are improving rapidly. In a recent blog post, Anthropic advocates for clear and simple regulatory frameworks that encourage safety without ...

October 30, 2024

Market News

A researcher revealed that GPT-4o can generate exploit code by bypassing security using hex-encoded instructions, highlighting AI vulnerabilities.

OpenAI’s GPT-4o language model can be manipulated to produce exploit code by using hexadecimal encoding, according to researcher Marco Figueroa from Mozilla’s 0Din AI bug bounty platform. This technique bypasses the model’s built-in safety features, enabling harmful content generation. Figueroa demonstrated this vulnerability, revealing a major flaw that allowed the creation of functional Python exploit ...

October 27, 2024

Market News

Business

Delta Air Lines Sues CrowdStrike Over Catastrophic Software Update Chaos

Delta Air Lines has filed a lawsuit against cybersecurity firm CrowdStrike following a major software update this summer that disrupted millions of computers globally. The incident significantly affected Delta, grounding much of its passenger fleet. The airline is seeking damages, claiming the update caused "catastrophic" chaos.

September 22, 2024

Market News

Business

In a dramatic move, the US plans to ban Chinese and Russian vehicle technology, citing cybersecurity risks and protectionism.

The US Commerce Department plans to announce new rules banning Chinese and Russian software and hardware in connected vehicles, aimed at enhancing cybersecurity. This move follows concerns about hacking risks associated with smart cars, which rely on internet connectivity. The proposed restrictions, stemming from a cybersecurity investigation launched by President Biden, focus on automated driving ...