Cybersecurity
The Crowdstrike outage and global software’s single-point failure problem
The frequency of large-scale attacks on corporate enterprise IT is increasing. That’s not unusual or unexpected as companies spend heavily on cyber defense in an asymmetric war against hackers who can string together a few lines of code and wreak havoc. But the largest IT outage ever on Friday, resulting from a CrowdStrike software bug […]
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CrowdStrike update that caused global outage likely skipped checks, experts say
A general view from Dusseldorf Airport as passengers gather and wait due to the global communications outage caused by CrowdStrike, which provides cyber security services to US technology company Microsoft, on July 19, 2024 in Dusseldorf, Germany. Hesham Elsherif | Anadolu | Getty Images Security experts said CrowdStrike’s routine update of its widely used cybersecurity software, […]
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Stock exchanges operating normally, issue with FTSE Russell indexes resolved amid global outage
A trader works on the floor at the New York Stock Exchange on July 3, 2024. Brendan Mcdermid | Reuters A massive IT outage that is causing unprecedented global disruptions isn’t holding up business as usual in most parts of the financial markets, though one index provider did experience complications. Officials at both the New […]
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Cybersecurity giant Crowdstrike suffers major outage affecting businesses around the world
In this photo illustration, CrowdStrike logo of a U.S. cybersecurity technology company is seen on a smartphone and a pc screen. Pavlo Gonchar | Sopa Images | Lightrocket | Getty Images Cybersecurity firm Crowdstrike suffered a major outage on Friday, the company told NBC, impacting businesses globally. The outage resulted from an issue with the […]
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Socialist AI: Chinese regulators are reviewing GenAI models for ‘core socialist values,’ FT reports
Digital code and Chinese flag representing cybersecurity in China. Anton Petrus | Moment | Getty Images AI companies in China are undergoing a government review of their large language models, aimed at ensuring they “embody core socialist values,” according to a report by the Financial Times. The review is being carried out by the Cyberspace Administration […]
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CNBC Daily Open: Trump assassination attempt
Traders work on the floor of the New York Stock Exchange during afternoon trading in New York City. Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. […]
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AT&T’s massive information breach deepens disaster for Snowflake seven months just after hack was disclosed
Sridhar Ramaswamy, CEO of Snowflake and formerly co-founder and CEO of startup Neeva, speaks at the Collision conference in Toronto on June 21, 2022. Eóin Noonan | Sportsfile | Collision | Getty Illustrations or photos Snowflake has spent the previous seven months dealing with the fallout of a key cyberattack that compromised delicate buyer info […]
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Major risks of employing gen AI like ChatGPT, Google Gemini, Microsoft Copilot, Apple Intelligence in your non-public daily life
Several buyers are enamored with generative AI, using new equipment for all kinds of own or enterprise matters. But numerous dismiss the prospective privateness ramifications, which can be significant. From OpenAI’s ChatGPT to Google’s Gemini to Microsoft Copilot software program and the new Apple Intelligence, AI instruments for people are simply accessible and proliferating. On […]
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AT&T says hackers stole records of nearly all mobile customers’ calls and texts
Hackers stole 6 months’ worth of simply call and textual content message records of approximately just about every AT&T mobile community purchaser, the organization claimed Friday, a breach that as the possible to expose sensitive data about tens of millions of Us residents. The firm explained in an SEC filing that it uncovered from an interior investigation […]
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Election deepfakes could undermine institutional credibility, Moody’s warns
With election season underway and artificial intelligence evolving rapidly, AI manipulation in political advertising is becoming an issue of greater concern to the market and economy. A new report from Moody’s on Wednesday warns that generative AI and deepfakes are among the election integrity issues that could present a risk to U.S. institutional credibility. “The […]
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