Crypto thefts have surged dramatically in 2024. As of June, hackers have stolen over $1.38 billion worth of crypto, a significant increase from $657 million in the same period of 2023. This rise in thefts underscores the vulnerabilities in the crypto sector and the need for enhanced security measures. Several high-profile incidents have contributed to […]
International law enforcement coalition dismantles illegal uses of penetration testing tool used in ransomware
In a landmark development, an international coalition led by the UK’s National Crime Agency (NCA) has successfully dismantled hundreds of illegal installations of the Cobalt Strike software. This penetration testing tool, originally intended for legitimate security testing, had been widely misused by cybercriminals and ransomware gangs across 27 countries. Cobalt Strike, used by ethical hackers […]
EU Commission opens €210m fund for cybersecurity and digital skills initiatives
In a strategic move to bolster cybersecurity and digital skills across the European Union, the EU Commission has unveiled a fund worth €210 million under its Digital Europe Programme (DEP). Introduced in 2021, the DEP aims to expedite the EU’s digital transformation and is equipped with a total budget of €7.5 billion over a span […]
How AI is reshaping US intelligence operations
In recent years, generative AI has revolutionized various sectors, and now it’s making a significant impact on US intelligence operations. This technology is not just a tool; it’s becoming a game-changer in the way intelligence agencies, like the CIA, operate. Generative AI helps process vast amounts of data quickly and accurately. Traditionally, intelligence officers would […]
General Election 2024: What Labour landslide victory means for AI
Following a landslide victory in yesterday’s General Election, Labour’s AI strategy is set to become a crucial aspect of the new government. This seismic shift in political power brings numerous implications for businesses and innovations centered around artificial intelligence. Labour’s comprehensive AI strategy promises to transform various sectors, sparking significant interest among tech entrepreneurs and […]
Decade-old vulnerabilities patched addressing supply chain risks to numerous Apple devices
Investing is a critical skill that every professional should master. While mastering the basics is essential, many investors overlook the power of diversification. When you diversify, you spread your investments across various asset classes to manage risk and uncertainty. Let’s take an example. Imagine you have $10,000 to invest. Placing all this amount in one […]
Saks’ Online CEO Says Amazon to Help ‘Future-Proof’ Neiman Deal
Saks’ Online CEO, Marc Metrick, asserts that Amazon’s tech expertise will be crucial for the merger of Saks Fifth Avenue and Neiman Marcus. The $2.65 billion deal is set to create a robust entity aimed at tackling the retail sector’s woes. Amazon and Salesforce will acquire minority stakes in the new company, leveraging their strengths […]
Chinese firms confident at World AI Conference despite US sanctions
At the recent World AI Conference in China, the sentiment among Chinese tech firms was notably optimistic, even amidst the complex challenges posed by US sanctions. Executives from leading companies like Huawei and Iflytek demonstrated confidence, emphasizing their ability to innovate and thrive despite these constraints. Huawei’s Zhang Ping’an articulated the company’s strategic direction, emphasizing […]
Apple supplier Foxconn to invest $551 million in Vietnam
Apple supplier Foxconn has announced a significant investment of $551 million in Vietnam, reinforcing its commitment to the region. This move aligns with Foxconn’s strategy to diversify its manufacturing base outside of China amid global trade uncertainties. The investment will funnel into the construction of new production facilities and the expansion of existing ones in […]
Meet Build-A-Brain: Tailored AI for every industry
Navigating the digital shift, artificial intelligence (AI) continues to reshape industries across the globe. Leading this transformation is Build-A-Brain, a cutting-edge AI tool providing customized solutions across sectors, such as healthcare, finance, and marketing. Unveiled recently, Build-A-Brain offers a revolutionary approach by allowing businesses to tailor AI systems to their specific needs while ensuring data […]
