November 13, 2024 at 05:58PM Cypheme has launched Vrai AI, an AI solution for detecting counterfeit products using visual analysis, now available globally. Lacoste is the first to adopt this technology, achieving 99.7% accuracy. The initiative aims to combat counterfeiting on a larger scale, enhancing brand security and promoting safer societies. ### Meeting Takeaways from … Read more
October 17, 2024 at 04:14PM Hong Kong police arrested 27 individuals in a deepfake scam that deceived victims out of $46 million. The criminals used AI technology to create fake personas for online dating, employing real-time deepfakes during video calls. Police seized equipment and funds, linked some recruits to the Sun Yee On crime gang. … Read more
September 27, 2024 at 01:46PM Microsoft has revamped the controversial Windows Recall feature with enhanced security measures, including proof-of-presence encryption and anti-tampering checks. The AI-powered technology, which creates a searchable digital memory of user activity, will now be turned off by default and comes with tools for permanent deletion. The redesign aims to address privacy … Read more
September 19, 2024 at 11:06AM Sinan Eren, a hacker turned serial entrepreneur, has launched Opnova, a startup focusing on AI-powered technology to autonomously manage security workflows. Secured $3.75 million in pre-seed funding, Opnova aims to streamline IT and security tasks by reducing repetitive work and human error. The platform will integrate with existing workflows and … Read more
May 31, 2024 at 07:36AM OpenAI CEO Sam Altman addressed the U.N. telecommunications agency’s annual gathering at the AI for Good conference, discussing AI’s societal promise, but faced scrutiny over governance and an AI voice controversy. The discontent coincided with concerns about OpenAI’s business practices and AI safety. The two-day event also focused on AI … Read more
May 3, 2024 at 05:24PM BioCatch, a leader in digital fraud detection and financial crime prevention through behavioral biometric intelligence, is acquired by Permira Growth Opportunities II. The majority stake acquisition aims to accelerate global expansion, advance product roadmap and support continued growth. BioCatch is recognized for its innovative approach and influential customer base in … Read more
March 12, 2024 at 05:57AM The Justice Department is intensifying its focus on AI, warning of harsher sentences for those misusing the technology in white-collar crimes. Deputy Attorney General Lisa Monaco emphasized evaluating AI risk management in corporate compliance programs. This highlights concerns over AI misuse by foreign adversaries or criminals and informs business leaders … Read more
December 19, 2023 at 07:37PM The six-month Operation HAECHI IV, coordinated by Interpol and funded by South Korea, led to the arrest of 3,500 alleged cybercriminals and the seizure of $300 million in cash and digital assets. The operation targeted various cyber scams and resulted in the issuance of two Purple Notices. It saw the … Read more
December 5, 2023 at 06:41PM Mine, a data privacy leader, raised $30M in Series B funding led by Battery Ventures and PayPal Ventures to enhance MineOS, an AI-driven, no-code data privacy platform set to improve enterprise data governance and compliance. Backed by various investors, MineOS aims to automate privacy management and address businesses’ data challenges. … Read more
November 1, 2023 at 07:09AM Frontier AI, the latest buzzword in artificial intelligence, is generating concern about its potential dangers and the need for safeguards. The British government is hosting a two-day summit on frontier AI, drawing officials from various countries and major AI companies. While some argue for immediate regulation, the UK maintains the … Read more