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Bank Info Security 3 months, 3 weeks ago

AI Disruption Fears Rattle Cybersecurity Stocks

J.P. Morgan’s Brian Essex on Why Valuations Drop as Fundamentals Hold SteadyInvestor anxiety over AI's long-term impact is dragging down stock valuations despite steady growth and profitability, while companies focus on long-term valuation assumptions and secure business models, said Brian Essex, executive director of U.S. software equity research at J.P. Morgan.

AI, Robotics Leaders Warn Chinese Robots Could Disrupt Sensitive OperationsWitnesses told a U.S. House Homeland Security panel that Chinese-developed AI robotics platforms could give Beijing new avenues for surveillance, disruption and physical harm across critical sectors, and urged restrictions on federal use as China expands its industrial dominance.

Bank Info Security 9 months, 2 weeks ago

AI Impact on Labor Appears Limited, Finds Yale Study

Economists Say Data Doesn't Support Fear of Widespread Cognitive Job LossU.S. employment data shows no widespread disruption from generative artificial intelligence nearly three years after ChatGPT's debut, say academics from Yale University. But for certain cohorts, especially early-career workers in AI-vulnerable fields, some cracks are emerging.

Bank Info Security 9 months, 4 weeks ago

Breach Roundup: Microsoft, Cloudflare Dismantle RaccoonO365

Also, Colt Services Outage Persists, Finland Charges Americans in Vastaamo HackThis week, Microsoft hit RaccoonO365, Colt Technology Services, Finland charged a U.S. citizen in Vastaamo hack. RevengeHotels hackers used AI, Meta can't overturn a privacy case verdict. Chinese hackers unleashed spear phishing emails. Prosper confirmed a data breach, as did Kering fashion houses.

Bank Info Security 2 years, 3 months ago

China Is Using AI to Influence Elections, Microsoft Warns

Chance of AI-Generated Content Affecting Results Appears to Remain Low - for NowChina-backed attackers are continuing to refine their use of content generated using artificial intelligence tools, including audio deepfakes and video news anchors, to sow disruption and influence elections in the U.S., Taiwan, India and beyond, security researchers at Microsoft warn.