All articles by Swagath Bandhakavi
Swagath Bandhakavi
General Dynamics reports data breach following phishing campaign
The incident stemmed from a third-party Fidelity NetBenefits login portal, where attackers used a fraudulent advertising campaign to lure employees into a spoofed website that captured their credentials.
Clop gang threatens 66 companies after exploiting Cleo software vulnerability
The group indicated that the 66 companies listed are only those yet to respond, suggesting the total number of victims could be larger.
Cyberattack hits European Space Agency’s online store, payment card data stolen
E-commerce security firm Sansec uncovered a breach involving malicious JavaScript code in the store’s checkout process, which redirected customers to a fake payment page.
Qualcomm prevails on key issue in legal battle with Arm
The ruling, delivered by a US federal jury, provides Qualcomm with a pathway to expand into the laptop processor market, though a mistrial on one of three central issues means not all aspects of the case were resolved.
European financial firms struggle with AI integration amid regulatory and skill gaps
According to new research from EY, while 28% of companies accelerated AI implementation over the past year, most remain in the early, exploratory stages.
51% of companies leveraging open-source AI see positive returns, survey reveals
Commissioned by IBM, the survey highlights the increasing importance of open-source ecosystems in enterprise AI strategies, with 60% of respondents already incorporating open-source platforms into their projects.
EDPB releases AI data guidance to harmonise GDPR compliance
The guidance addresses key issues including anonymity, legitimate interest, and the use of unlawfully processed data in AI development.
Study reveals ‘alignment faking’ in LLMs, raising AI safety concerns
According to Anthropic, alignment faking occurs when a model appears to follow its training objectives while secretly retaining preferences established during earlier training stages.
Automation adoption lags in US banking compliance, despite growing investments
The 2024 Wolters Kluwer survey highlights a decline in regulatory concerns but underscores the slow adoption of automation amid ongoing compliance challenges.
Salesforce unveils Agentforce 2.0 to streamline operations and cut human reliance
The company claimed that the platform significantly reduced reliance on human employees for routine tasks while ensuring continued efficiency and accuracy in customer service.