All articles by Swagath Bandhakavi
Swagath Bandhakavi
Council of Europe launches first legally binding AI treaty to protect human rights and democracy
The treaty sets a legal framework for AI systems from development to deployment, fostering innovation while managing risks to public safety, privacy, and data protection.
Nvidia refutes claims of subpoena from US Department of Justice
The tech giant clarified it has not received any legal documents from the DoJ, which is reportedly investigating issues related to AI technology and computing components.
Halliburton confirms hackers stole data in August cyberattack, no material impact expected
The breach prompted the oilfield services firm to initiate its cybersecurity response plan, disconnect certain systems to safeguard them, and inform law enforcement authorities.
Nvidia stock decline wipes out $279bn in market value amid AI investment concerns
The GPU giant’s sharp decline was triggered by a disappointing quarterly outlook that missed investor expectations, leading to concerns over slower-than-expected returns on AI investments.
Organisations accelerate AI adoption to transform risk management, says KPMG report
As the risk landscape evolves, new evidence suggests AI is a vital tool for filtering data, identifying trends, and providing actionable insights.
Fraudsters plead guilty to exploiting OTPs for bank account theft in UK
The NCA had shut down the fraudster’s platform in 2021 after it had exploited vulnerabilities in multi-factor authentication systems, allowing criminals to access sensitive financial information.
GitHub exploited to spread password-stealing malware disguised as legitimate fixes
The malware is being spread by posing as legitimate “fixes” in the comments section of various GitHub repositories.
Cicada3301 ransomware emerges, targets global companies with extortion tactics
An analysis by Truesec suggests that the Cicada3301 ransomware may be linked to the now-defunct ALPHV/BlackCat group, as both share similar attack methods and code structures.
Cyberattackers use fake Palo Alto GlobalProtect to backdoor Middle East firms
The malware employs a two-stage infection process and sophisticated command-and-control infrastructure to breach networks, creating a backdoor for ongoing communication with the attackers.
FBI reports RansomHub ransomware compromises 210 victims since February
RansomHub has shown a preference for targeting critical infrastructure across the US.