Ramesh has seven years of experience writing and editing stories on finance, enterprise and consumer technology, and diversity and inclusion. She has previously worked at formerly News Corp-owned TechCircle, business daily The Economic Times and The New Indian Express.
California Gov. Gavin Newsom on Wednesday signed an executive order to study the development, use and risks of artificial intelligence, and develop a process to deploy "trustworthy AI" in the state government. The order calls for a staggered implementation over the next two years.
This week's roundup includes an update on the Tornado Cash case, a proposal for a law-abiding crypto mixer, August hack numbers, Stake's resumption of operations, Binance's delisting of privacy coins in Belgium and a court order against the CEO of Celsius.
Artificial intelligence holds the potential to undermine trust in democracy - but overwrought warnings themselves can erode trust in the system critics seek to preserve, warns a cybersecurity firm. AI is "a long way from massively influencing our perception of reality and political discourse."
Regulatory scrutiny over artificial intelligence will only mount, warns consultancy KPMG in a report advising companies to proactively set up guardrails to manage risk. Even in the absence of regulatory regimes, "companies must proactively set appropriate risk and compliance guardrails."
Threat actors are manipulating the technology behind large language model chatbots to access confidential information, generate offensive content and "trigger unintended consequences," warns the U.K. National Cyber Security Center. Prompt injection attacks are "extremely difficult" to mitigate.
This week, Cypher rolled out a futuristic compensation plan for victims, hackers exploited crypto users via a WinRAR bug and separately stole $900,000 from Balancer, the DEA lost $500K to a crypto scammer and the EU Data Act's smart contract provision raised questions.
This week, charges were filed against Tornado Cash founders, the FBI found North Korean bitcoin wallets holding stolen cash, theft occurred in the Exactly and Harbor protocols, Venus Protocol liquidated a hacker's wallet, Terra paused operations, and Thailand threatened Meta over crypto scam ads.
The U.S federal government is advocating for artificial intelligence developers to embrace security as a core requirement, warning that machine learning code is particularly difficult and expensive to fix after deployment. CISA has an ongoing campaign to promote security by design.
North Korea is on track to have a middling year of cryptocurrency theft despite Pyongyang's constant demand for ready cash. Hackers deployed by the totalitarian regime have stolen $200 million in cryptocurrency this year, far less than the country's banner year of cryptocurrency theft in 2022.
This week's roundup of digital assets-related cybersecurity incidents includes Argentina's investigation into WorldCoin; hackers' exploitation of Libbitcoin; Zunami and RocketSwap; Curve Finance's compensation plans for hack victims; the FBI's $1.7 million forfeiture; and X's crypto scam problem.
In this week's roundup of digital assets-related cybersecurity incidents, Fireblocks found bugs in 15 crypto wallets, Curve Finance recouped most stolen funds, ethereum saw a high flow of illicit funds, the NFT faded more, the U.K. posted crypto crimes jobs and South Korea arrested Bitsonic's CEO.
The White House has launched an Artificial Intelligence Cyber Challenge, backed by DARPA and offering nearly $20 million in prizes, to develop a new generation of tools that can rapidly find and fix software vulnerabilities in both commercial and open-source code.
Ilya "Dutch" Lichtenstein, 35, confessed in U.S. federal court to hacking billions of dollars from virtual currency exchange Bitfinex and laundering stolen funds with his 33-year-old wife, Heather Morgan. Lichtenstein pleaded guilty to conspiracy to commit money laundering.
ISMG's roundup of digital assets-related cybersecurity incidents includes Kenya, France and Germany's probe into WorldCoin; July security incidents; Curve Finance and LeetSwap theft; the crypto amendment in the NDAA; and India's lack of crypto regulation.
Between July 21 and 27, Worldcoin set off security and privacy alarms; threat actors stole from AlphaPo, CoinsPaid, Era Lend and Conic Finance; hackers set a cryptojacking record; Apple users became the target of a crypto-stealing malware and the DOJ merged its computer crime and crypto crime units.
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