Security News

Worldwide AI spending to reach more than $110 billion in 2024
2020-08-28 03:30

Global spending on AI is forecast to double over the next four years, growing from $50.1 billion in 2020 to more than $110 billion in 2024. Software and services will each account for a little more than one third of all AI spending this year with hardware delivering the remainder.

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Researchers develop AI technique to protect medical devices from anomalous instructions
2020-08-27 03:30

Researchers at Ben-Gurion University of the Negev have developed a new AI technique that will protect medical devices from malicious operating instructions in a cyberattack as well as other human and system errors. Complex medical devices such as CT, MRI and ultrasound machines are controlled by instructions sent from a host PC. Abnormal or anomalous instructions introduce many potentially harmful threats to patients, such as radiation overexposure, manipulation of device components or functional manipulation of medical images.

Deloitte Trustworthy AI framework: Helping orgs take advantage of AI while managing risks
2020-08-26 23:45

To help companies proactively address AI ethics and integrity, the Deloitte AI Institute announced its Trustworthy AI framework. "C-suite executives and boards must ask tough questions about ethical use of technology and provide active governance to safeguard their organization's reputation and preserve the trust of internal and external stakeholders," said Irfan Saif, AI co-leader, Deloitte & Touche LLP. "Organizations must demonstrate readiness to manage the new breed of risk that comes with human-machine collaboration. Our Trustworthy AI framework provides a common language to help organizations develop the appropriate safeguards and use AI in an ethical manner."

New AI algorithm to detect cryptocurrency miners as they steal power
2020-08-26 03:00

Computer scientists have developed a new artificial intelligence system that may be able to identify malicious codes that hijack supercomputers to mine for cryptocurrency such as Bitcoin and Monero. "Based on recent computer break-ins in Europe and elsewhere, this type of software watchdog will soon be crucial to prevent cryptocurrency miners from hacking into high-performance computing facilities and stealing precious computing resources," said Gopinath Chennupati, a researcher at Los Alamos National Laboratory and co-author of a new paper in the journal IEEE Access.

Cloud-based, AI-driven strategy platform, AmploFly4.0, now on the Microsoft App channels
2020-08-25 00:00

Amplo Global announced that its AI-powered platform is now available on the MicrosoftAppSource and Microsoft Azure Marketplace - their online stores providing applications and services for use on Azure. Brian Bell, Director at Microsoft's Commercial Marketplace, said, "On Microsoft Azure Marketplace and AppSource, customers around the world can easily find, buy, and deploy partner solutions they can trust, all certified and optimized to run on Azure. We're happy to welcome Amplo Global and their AmploFly4.0 solution to the growing Azure Marketplace ecosystem."

Using AI to fight hand-crafted Business Email Compromise
2020-08-21 14:10

Business Email Compromise, is a form of targeted phishing where attackers disguise themselves as senior executives to dupe employees into doing something they absolutely shouldn't, like wire money. BEC emails can be difficult to detect using security solutions because no malware is involved.

IBM AI-Powered Data Management Software Subject to Simple Exploit
2020-08-20 12:00

The IBM Db2 is a family of hybrid data-management products containing artificial intelligence, which can be used to analyze and manage both structured and unstructured data within enterprises. The lack of explicit memory protections "Allows any local users read-and-write access to that memory area," Trustwave researchers said, in their PoC exploit writeup for the bug, issued on Thursday.

NICE Actimize launches Xceed, an AI cloud-native financial crime risk management solution
2020-08-20 02:00

NICE Actimize announced the launch of its newest platform, NICE Actimize Xceed, which integrates best-in-class AI, data intelligence, behavioral analytics, and insights within a unified cloud platform designed to bring agility to financial institutions of all sizes, including community and regional banks, that are looking to modernize their financial crime risk management solutions. With "Always On" AI-based technology, NICE Actimize Xceed's self-learning capabilities immediately and autonomously adapt to new threats, helping financial institutions meet today's dynamic risk management needs with laser accuracy, speed and simplicity, and without the need for a team of data scientists.

Neurotechnology SentiSight.ai now includes additional features and an improved interface
2020-08-18 00:15

The new release includes some additional features and an improved interface for free platform users. Ai is a web-based platform that can be used for image labeling and for developing AI-based image recognition applications.

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AI-enabled future crimes ranked: Deepfakes, spearphishing, and more
2020-08-17 17:00

A study explores the possible range and risk of attacks from military robots and autonomous attack drones to AI-assisted stalking. A study published in the journal Crime Science analyzed a vast spectrum of AI-enabled crimes in the years ahead ranging from military robots and autonomous attack drones to AI-assisted stalking.