A new executive order from the Biden administration addresses a wide range of the potential harms that AI can cause, putting new safeguards in place for everything from biological materials engineering to deepfakes.
Senior Correspondent at CPO Magazine
Scott Ikeda is a technology futurist and writer for more than 15 years. He travels extensively throughout Asia and writes about the impact of technology on the communities he visits. Over the last 5 years, Scott has grown increasingly focused on the future landscape of big data, surveillance, cybersecurity and the right to privacy.
With projections of closing out at $1 to $2 trillion by the end of the present decade and making up about a third of total regional GDP, ASEAN's rapid digital economy growth is poised to put it at the center of global conversations about cyber rights and regulations in the very near future.
Octo Tempest has gradually stepped up from data theft, to data extortion, and now to ransomware as of this summer (becoming an affiliate of the ALPHV/BlackCat group). The cybercriminals are entirely financially motivated and nearly always leads with either a phishing email/message or a social engineering call. It also looks to execute SIM swap attacks.
Leading insurer Lloyd's of London has issued a dire warning about a potential cyber attack scenario on one of the world's major payments systems, estimating that the global cost would total about $3.5 trillion and that much of the recovery cost would not be covered by insurance policies.
A hacker who leaked one million genetic profiles from 23andMe in early October has returned with an even larger trove, this time dumping a little over four million files and including the DNA Relatives feature that allows for connections between relations to be made.
Okta Support System Compromised by Cookie Hijacking, Security Breach May Have Exposed Customer Files
Attackers were able to steal a session cookie from the Okta support system and access an administrator account, possibly providing them with further access to customer environments in an early October security breach.
Annual Cisco Consumer Privacy Survey, a study including the opinions of over 2,600 respondents of varying demographics in 12 countries, indicates that consumer awareness of data privacy rights is continuing to grow and that AI has some work to do to earn public trust.
A UK GDPR fine that would have cost Clearview AI £7.5 million fine has been overturned, as an appeals court found that lead regulator ICO was outside of its jurisdiction in penalizing the foreign facial recognition firm.
Joint international law enforcement effort involving about a dozen countries has taken down Ragnar Locker ransomware gang's dark web site, with an announcement that at least one arrest had been made.
Cloudflare reports attackers using the HTTP/2 protocol zero-day vulnerability to conduct over 1,100 DDoS attacks at over 10 million requests per second since August, and 184 broke the previous record of 71 million requests. At its peak, 200 million requests per second was observed.
