Cybersecurity firm Darktrace accepts $5 bn takeover – ET CISO https://etimg.etb2bimg.com/thumb/msid-109639641,imgsize-87428,width-1200,height=765,overlay-etciso/corporate/cybersecurity-firm-darktrace-accepts-5-bn-takeover.jpg Cybersecurity firm Darktrace said Friday it had accepted a $5.3-billion takeover bid from US private equity firm Thoma Bravo, which highlighted the British group’s “capability in artificial intelligence”. The cash bid comes after Thoma Bravo expressed takeover interest two years ago. “Darktrace is at the very cutting edge of ...
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Edtech’s AI push has its share of doubting Thomases – ET CISO
Edtech’s AI push has its share of doubting Thomases – ET CISO https://etimg.etb2bimg.com/thumb/msid-107872362,imgsize-30404,width-1200,height=765,overlay-etciso/next-gen-tech/edtechs-ai-push-has-its-share-of-doubting-thomases.jpg As edtech platforms move towards deploying artificial intelligence tools to enhance offerings, a clear divide has emerged within various segments of the industry. While higher education and upskilling startups are anticipating greater benefits from the technology, those servicing schools and students on a large scale may run ...
Read More »Retailers say Samsung’s upgrade offer exposes them to compliance risks – ET CISO
Retailers say Samsung’s upgrade offer exposes them to compliance risks – ET CISO https://etimg.etb2bimg.com/thumb/msid-106507022,imgsize-169324,width-1200,height=765,overlay-etciso/corporate/retailers-say-samsungs-upgrade-offer-exposes-them-to-compliance-risks.jpg Mobile phone retailers have flagged alleged malpractices in an ongoing device exchange offer from Korean smartphone major Samsung that exposed retailers to risks in regulatory compliance. Samsung did not respond to ET’s queries. Samsung, on its part, has taken corrective measures. In an updated scheme letter ...
Read More »Russian hackers targeting Western critical infrastructure, UK says – ET CISO
Russian hackers targeting Western critical infrastructure, UK says – ET CISO https://etimg.etb2bimg.com/thumb/msid-99603880,imgsize-45152,width-1200,height-628,overlay-etciso/russian-hackers-targeting-western-critical-infrastructure-uk-says.jpg By James Pearson BELFAST – The UK government’s cyber defence agency warned on Wednesday of an emerging threat to Western critical national infrastructure posed by hackers sympathetic to Russia and its war on Ukraine. Russia-aligned “hacktivists” have carried out largely harmless online campaigns that have defaced prominent public ...
Read More »Saket Modi-founded cyber-risk mitigation firm Safe Security raises $50 million – ET CISO
Saket Modi-founded cyber-risk mitigation firm Safe Security raises $50 million – ET CISO https://etimg.etb2bimg.com/thumb/msid-99609735,imgsize-1388415,width-1200,height-628,overlay-etciso/saket-modi-founded-cyber-risk-mitigation-firm-safe-security-raises-50-million.jpg Safe Security, earlier called Lucideus, on Tuesday said it has raised $50 million in a funding round dubbed Series B and led by Sorenson Capital, a Utah-based venture capital fund. Returning investors in this round include Fidelity Investments’ venture capital arm Eight Roads, Telstra Ventures and ...
Read More »Here’s how different governments are working to regulate AI tools – ET CISO
Here’s how different governments are working to regulate AI tools – ET CISO https://etimg.etb2bimg.com/thumb/msid-99609865,imgsize-42904,width-1200,height-628,overlay-etciso/here-s-how-different-governments-are-working-to-regulate-ai-tools.jpg Italy’s data protection watchdog is ready to reactivate ChatGPT artificial intelligence (AI) technology on April 30 if its maker OpenAI takes “useful steps” to address concerns over privacy and data protection, the agency’s chief said on Tuesday. Rapid advances in AI such as Microsoft-backed OpenAI’s ChatGPT ...
Read More »Airtel Africa picks Nokia’s iSIM technology to drive digitalisation efforts
Airtel Africa picks Nokia’s iSIM technology to drive digitalisation efforts NEW DELHI: Airtel Africa has selected Finnish telecom gear maker Nokia’s iSIM Secure Connect technology, in a software-as-a-service (SaaS) delivery model, as part of its digitalisation efforts to offer its customer 5G and Internet of Things (IoT)-based on-demand services. Nokia in a statement Thursday said it has already supported Airtel ...
Read More »Centre to amend IT Act to prevent cybercrime, current law inadequate to tackle it: Fadnavis
Centre to amend IT Act to prevent cybercrime, current law inadequate to tackle it: Fadnavis MUMBAI: As the present legislation is inadequate to tackle the growing crimes, Maharashtra deputy chief minister Devendra Fadnavis on Monday said the BJP-led NDA government at the Centre has decided to amend the Information technology Act, 2000. Replying to the calling attention motion moved by ...
Read More »5 ways BFSI firms can leverage digital technologies to enhance customer experience: Abhijit Singh, CDO, HDFC Ltd
5 ways BFSI firms can leverage digital technologies to enhance customer experience: Abhijit Singh, CDO, HDFC Ltd By Abhijit Singh Digital technology is transforming the banking industry, offering banks more flexibility and convenience than ever before. Yet despite the clamour for digital solutions, many banks still rely on manual methods to manage their operations. If you visit a bank branch ...
Read More »Rules to handle data captured by invasive gadgets discussed at first consultation on proposed Digital India Act
Rules to handle data captured by invasive gadgets discussed at first consultation on proposed Digital India Act Minister of State for Electronics and IT Rajeev Chandrasekhar on Thursday held the first-ever consultation on the proposed Digital India Act and discussed rules to handle data captured by invasive gadgets like spy glasses and wearable devices. The draft of the Digital India ...
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