Tata group chairman N Chandrasekaran on Friday said companies in the diversified group are executing over 100 generative artificial intelligence projects. AI can also have negative impacts, Chandrasekaran said, flagging potential job losses and privacy concerns as the areas we need to focus on. Addressing the group’s information technology (IT) services arm TCS’ 29th annual…
Google is highlighting several problems with Microsoft’s cybersecurity practices, and is positioning itself as a more secure alternative for managing sensitive government data and operations. Google has published new security recommendations and a detailed white paper scrutinizing Microsoft’s cybersecurity practices following recent nation-state attacks. This move appears to be part of Google’s strategy to attract…
RBI deputy governor Swaminathan J said the potential impact of a cyberattack on a bank’s operations, reputation, and financial stability cannot be “overstated”, as he emphasised the need for proactive risk mitigation strategies. Speaking at the Conference of Heads of Assurance of Urban Cooperative Banks here on Thursday, the deputy governor said that in the…
IBM to Deliver Security Consulting Services Across Palo Alto Networks Security Platforms News Summary: IBM to platformize internal security solutions with Palo Alto Networks; Palo Alto Networks will be its preferred cybersecurity partner across network, cloud and SOC Palo Alto Networks will incorporate watsonx large language models (LLMs) in Cortex XSIAM to deliver additional Precision…
RaaS market disruption The ransomware-as-a-service (RaaS) market is getting disrupted, which has armed hackers with easy-to-use, off-the-shelf, and affordable ransomware solutions. The market, which has witnessed the disappearance of big players for over two years, is getting populated with ‘Junk Gun’ ransomware on the dark web The new family of ransomware is attracting ‘buyers’ because…
Cisco on Thursday launched HyperShield, a new security product that uses AI to protect applications, devices, and data across data centers, clouds, and physical locations. The move follows Cisco’s acquisition of Splunk, which the enterprise tech titan bought for $28 billion earlier this year. Jeetu Patel, Cisco’s executive vice president, said HyperShield was designed with…
German software giant SAP is launching a major reorganization of its artificial intelligence (AI) business, with around 8,000 employees affected by the plan, the company announced late on Tuesday. “With the planned transformation programme, we are increasingly shifting investments to strategic growth areas, primarily AI,” said SAP chief executive Christian Klein. “This will allow us to…
Sternum, the pioneer in embedded IoT security and observability, today announced enhanced security for the ChargePoint Home Flex. In a comprehensive research project, Sternum identified a potential vulnerability involving the reverse SSH tunnel and deprecated NTP client and HTTP servers. ChargePoint, with its last firmware update, has disabled the HTTP server and updated the NTP…
Cybersecurity leaders are recognizing the fact the cyber ecosystem is growing more complicated and due to this cyber risk related incidents are growing. The World Economic Forum’s Centre for Cyber security, remains committed to bridging the gaps between the public and private sectors and between cyber and business leaders. The report serves as an instrument…
Alkem Laboratories confirmed a cybersecurity incident that led to a fraudulent transfer of Rs 52 crore from one of its subsidiaries affecting the brand value and reveling serious vulnerabilities at several level. The disclosure raises concerns about vulnerabilities in India’s pharmaceutical sector to cyberattacks and led to price fall in their share prices. Alkem stated…
