August 9, 2024 at 01:34PM Progress (Nasdaq: PRGS) announced that the Securities and Exchange Commission’s fact-finding investigation into the MOVEit vulnerability has concluded without enforcement action recommended at this time. Progress received a subpoena on Oct. 2, 2023, from the SEC. The company empowers organizations with AI-powered infrastructure software to achieve transformational success in a … Read more
May 14, 2024 at 06:54AM The FCC has alerted about a robocall scammer group, Royal Tiger, targeting US consumers in various fraudulent campaigns. The group, led by Prince Jashvantlal Anand and Kaushal Bhavsar, has entities in India, US, UK, and UAE, engaging in illegal robocalls impersonating banks and government agencies. The FCC and FTC have … 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