March 18, 2024 at 05:43PM The SEC announced settlements with investment advisers Delphia (USA) and Global Predictions for misleading claims about using AI technology in their services. Both companies agreed to pay $400,000 in civil penalties for “AI washing” activities. The SEC found false representations about AI usage, leading to violations of the Advisers Act. … Read more
March 13, 2024 at 12:51PM The European Union lawmakers approved the Artificial Intelligence Act, shaping the world’s first comprehensive set of AI regulations. The Act employs a risk-based approach, classifying AI applications into low and high-risk categories, with stringent regulations for high-risk uses. It also includes provisions for generative AI models and aims to influence … Read more
March 12, 2024 at 11:32PM Summary: HUD encountered operational challenges during the US Government shutdown leading to the deployment of Robotic Process Automation (RPA) and Artificial Intelligence/Machine Learning (AI/ML). RPA was used to automate monitoring of housing contracts, addressing fragilities in HUD’s legacy systems. AI/ML and big data analysis were employed to understand federal regulation … Read more
March 5, 2024 at 05:37PM Generative AI technology is expected to boost cybercriminals’ synthetic identity fraud capabilities, with current fraud detection tools likely insufficient to counter this emerging threat. Cybercriminals leverage generative AI for creating fake documents, exploiting its widespread availability and affordability. Fighting synthetic identity fraud requires a multilayered approach, including AI and behavioral … Read more
March 5, 2024 at 06:45AM Group-IB findings show over 225,000 compromised OpenAI ChatGPT credentials up for sale on underground markets. The credentials were linked to LummaC2, Raccoon, and RedLine malware, with a 36% increase in infiltrated hosts between June and October 2023. Nation-state actors are using AI and large language models for cyber attacks, posing … Read more
March 1, 2024 at 12:45PM FBI Director Christopher Wray warned of increased foreign threats to U.S. elections this year due to advancements in technology, particularly generative AI, making interference easier. Concerns over foreign influence operations shaping public opinion have grown, with Russia and Iran cited as engaging in efforts to disrupt the election. Despite these … Read more
February 27, 2024 at 07:27AM The text discusses the significance of Red Teams for security stress tests and outlines their current state-of-the-art. It emphasizes the need for a well-defined security program and the role of human operators. It also explores the potential of automation and AI in Red Team engagements, such as asset discovery, ransomware … Read more
February 23, 2024 at 07:21AM Microsoft has unveiled PyRIT, an open-access automation framework, to proactively identify risks in generative AI systems. The tool aims to assess robustness, security, and privacy harms, offering various interfaces and scoring options. Though it complements manual red teaming, it highlights risk areas and prompts further investigation. This development coincides with … Read more
February 17, 2024 at 02:45AM Google has open-sourced Magika, an advanced AI tool to identify file types, boasting a 30% accuracy boost and up to 95% higher precision on hard-to-identify content. Amid concerns about AI misuse, Google emphasizes the need for balanced regulatory AI usage and adoption. The U.K. Information Commissioner’s Office also raises concerns … Read more
February 12, 2024 at 04:16PM I’m here to help! Could you please provide the text you’d like me to summarize? Once you do, I’ll get to work on summarizing it for you. I understand that you have meeting notes you’d like me to review. However, I currently don’t have access to the meeting notes you … Read more