Generative AI, once a buzzword, is now the subject of a focused approach, according to attorney Edward Machin of Ropes & Gray LLP. Organizations are prioritizing specific issues around gen AI and establishing governance frameworks from the outset, Machin said.
Researchers uncovered a critical vulnerability in graphic processing units of popular devices that could allow attackers to access data from large language models. They dubbed the vulnerability LeftoverLocals and said it affects the GPU frameworks of Apple, AMD and Qualcomm devices.
Arati Prabhakar, director of the White House's Office of Science and Technology Policy, said during an event at the 2024 World Economic Forum that generative artificial intelligence has the potential to "dramatically accelerate and amplify the erosion of information integrity."
This week, the U.S. SEC assessed its X account hack, attackers stole $3.3M from Socket, Do Kwon got a new trial date, Alex Mashinsky sought to dismiss charges, Google Play Store removed crypto apps for India users, IRS clarified crypto asset reporting and South Korea mulled crypto mixer legislation.
OpenAI said it is taking steps to prevent use of its models in online influence operations throughout the 2024 election season, amid growing concerns about election security and increasing fears that political deepfakes and AI-generated election misinformation could significantly disrupt democracy.
The British data regulator is set to analyze the privacy implications of processing scraped data used for training generative artificial intelligence algorithms. The Information Commissioner's Office is soliciting comments from AI developers, legal experts and other industry stakeholders.
Federal agencies are making significant headway in achieving a series of critical cybersecurity milestones included in a sweeping executive order on artificial intelligence the president signed in October 2023, according to White House Special Advisor for AI Ben Buchanan.
Digital money is energizing Southeast Asian organized crime as a method for money laundering and as a way of reaping new revenue, warn experts who say that tether plays a heavy role in the rapidly evolving state of law-breaking in Myanmar, Thailand and elsewhere.
Cryptocurrency phishing scams designed to send crypto owners to fake versions of legitimate sites, recently disseminated via hijacked high-profile social media accounts, highlight the ongoing use of drainer scam-as-a-service offerings, which researchers say last year led to $295 million in losses.
Robert Blumofe, executive vice president and CTO at Akamai, expects social engineering, phishing, extortion and AI-driven attacks to dominate the threat landscape. He advised enterprises to use FIDO2-based MFA, zero trust, microsegmentation and API security to reduce risks.
Artificial intelligence-enabled voter misinformation campaigns and voter database hacking are some of the largest threats to election security in a year when more than half of the world's populace will take to the ballot box in elections ranging from free to flawed.
Cryptocurrency schemes continue to generate alleged returns for criminals, as two separate cases highlight. One centers on a Ukrainian accused of earning $2 million via cryptojacking, while another involves a U.S. Air Force cyber analyst charged with perpetrating an UndeadApes NFT rug pull.
In the latest weekly update, ISMG editors discussed how the surge in API usage poses challenges for organizations, why good governance is so crucial to solving API issues and how The New York Times' legal action against OpenAI and Microsoft highlights copyright concerns.
In a year in which the financial impact of cyberattacks has more than doubled to $1.4 million, organizations are exploring generative artificial intelligence but so far mostly sticking to machine learning, Dell reported on Tuesday after surveying 1,500 IT and security decision-makers.
This week, hackers ran crypto phishing scams on X accounts, the SEC approved bitcoin ETP, hackers stole $3.4 million from Gamma, dYdX detailed post-hack steps, CertiK published 2023 hack stats, TRM Labs discussed North Korean hacking and Apple India blocked users from offshore crypto exchanges.