‘AI will displace accountants who ignore tech integration’ – ET CISO https://etimg.etb2bimg.com/thumb/msid-112643077,imgsize-168772,width-1200,height=765,overlay-etciso/next-gen-tech/ai-will-displace-accountants-who-ignore-tech-integration.jpg Md Sajid Khan, Director – India, Association of Chartered Accountants (ACCA) Artificial Intelligence is poised to replace professional accountants who do not adapt to and integrate these technologies, according to Md Sajid Khan, Director – India at the Association of Chartered Certified Accountants (ACCA) “Artificial Intelligence is going ...
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What is ‘model collapse’? An expert talks about impending AI doom, ET CISO
What is ‘model collapse’? An expert talks about impending AI doom, ET CISO Artificial intelligence (AI) prophets and newsmongers are forecasting the end of the generative AI hype, with talk of an impending catastrophic “model collapse”. But how realistic are these predictions? And what is model collapse anyway? Discussed in 2023, but popularised more recently, “model collapse” refers to a ...
Read More »Japan’s MUFG cuts CEO, five other executives’ pay after ‘firewall’ breaches – ET CISO
Japan’s MUFG cuts CEO, five other executives’ pay after ‘firewall’ breaches – ET CISO https://etimg.etb2bimg.com/thumb/msid-111868479,imgsize-101214,width-1200,height=765,overlay-etciso/data-breaches/japans-mufg-cuts-ceo-five-other-executives-pay-after-firewall-breaches.jpg Representative image Japan’s largest banking group Mitsubishi UFJ Financial Group (MUFG) will cut the pay of its CEO and five other executives following the breaching of “firewall” regulations at its banking and securities arms, it said on Friday. In June, the Financial Services Agency (FSA) ...
Read More »Detecting AWS Account Compromise: Key Indicators in CloudTrail Logs for Stolen API Keys
Detecting AWS Account Compromise: Key Indicators in CloudTrail Logs for Stolen API Keys https://firewall.firm.in/wp-content/uploads/2024/08/sans-3.jpg Aug 20, 2024The Hacker NewsCybersecurity / Cloud Security As cloud infrastructure becomes the backbone of modern enterprises, ensuring the security of these environments is paramount. With AWS (Amazon Web Services) still being the dominant cloud it is important for any security professional to know where to ...
Read More »How ‘Deepfake Musk’ became internet’s biggest scammer – ET CISO
How ‘Deepfake Musk’ became internet’s biggest scammer – ET CISO https://etimg.etb2bimg.com/thumb/msid-112643315,imgsize-790561,width-1200,height=765,overlay-etciso/ot-security/how-deepfake-musk-became-internets-biggest-scammer.jpg Elon Musk All Steve Beauchamp wanted was money for his family. And he thought Elon Musk could help. Beauchamp, an 82-year-old retiree, saw a video late last year of Musk endorsing a radical investment opportunity that promised rapid returns. He contacted the company behind the pitch and opened an ...
Read More »India’s balancing act between open and closed-source GenAI models, ET CISO
India’s balancing act between open and closed-source GenAI models, ET CISO The Silicon Valley has lately been embroiled in a lobbying battle between big tech firms including Meta, Mistral and IBM on one side advocating for an “open science” approach to AI development that puts them at odds with rivals Anthropic, Microsoft and ChatGPT-maker OpenAI who are backing closed software. ...
Read More »WazirX announces $23 mn bounty to recover $234 mn lost in cyber breach – ET CISO
WazirX announces $23 mn bounty to recover $234 mn lost in cyber breach – ET CISO https://etimg.etb2bimg.com/thumb/msid-111915636,imgsize-5464,width-1200,height=765,overlay-etciso/data-breaches/wazirx-announces-23-mn-bounty-to-recover-234-mn-lost-in-cyber-breach.jpg Crypto platform WazirX, which lost a staggering $234 million worth of digital assets in a cyber breach, on Sunday announced $23 million in bounty to recover the stolen funds. The company invited white hat hackers, blockchain forensics experts, and cybersecurity professionals from around ...
Read More »OpenAI Blocks Iranian Influence Operation Using ChatGPT for U.S. Election Propaganda
OpenAI Blocks Iranian Influence Operation Using ChatGPT for U.S. Election Propaganda https://firewall.firm.in/wp-content/uploads/2024/08/iran.png OpenAI on Friday said it banned a set of accounts linked to what it said was an Iranian covert influence operation that leveraged ChatGPT to generate content that, among other things, focused on the upcoming U.S. presidential election. “This week we identified and took down a cluster of ...
Read More »Cybersecurity imperatives for secure, resilient digital ecosystem as India gears to adopt 6G – ET CISO
Cybersecurity imperatives for secure, resilient digital ecosystem as India gears to adopt 6G – ET CISO https://etimg.etb2bimg.com/thumb/msid-112558788,imgsize-41302,width-1200,height=765,overlay-etciso/ot-security/cybersecurity-imperatives-for-secure-resilient-digital-ecosystem-as-india-gears-to-adopt-6g.jpg A collaborative and multi-faceted effort involving government agencies, private companies, research institutions, and international partners will be essential to develop and implement robust cybersecurity measures. As India gears up for the advent of 6G technology, the potential to revolutionize communication speeds, latency, and ...
Read More »Banks need to be cautious with 3rd-party vendors: RBI’s Swaminathan, ET CISO
Banks need to be cautious with 3rd-party vendors: RBI’s Swaminathan, ET CISO The Reserve Bank of India seems concerned about the risks from increasing dependence of financial institutions on third-party vendors. Speaking at a convention organized by the International Association of Deposit Insurers, RBI deputy governor J Swaminathan called upon banks to exercise caution to guard them against potential vulnerabilities ...
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