Swiss Post strengthens its digital security with the acquisition of Open Systems, while Second Front Systems and Picus Security secure major funding for expansion. Intezer, EasyDMARC, and RunSafe scale up in cybersecurity, and the UK claims the top spot in CyberTech investment in Europe for H1 2024.
Japan is racing to develop "unbreakable" quantum encryption by 2030. Chinese hackers breached US wiretap systems, Japan is tackling AI deepfake scams, and China is advancing silicon photonics to evade US tech bans. The cybersecurity competition is intensifying.
Google is investing $1 billion in Thailand to expand AI and cloud infrastructure, while Meta is setting up manufacturing for its Quest 3S in Vietnam. Both moves position Southeast Asia as a key player in the global AI arms race, with tech giants racing to dominate the region’s digital economy.
Europe faces a critical choice: embrace AI innovation or enforce restrictive regulations? Fragmented rules risk leaving Europe behind in AI advancements and economic growth. Clear, unified policies are key to keeping Europe competitive in the global AI race.
Welcome back to Cyber Bites, your lunchtime digest of the latest in international cyber threats, global tech affairs, and AI developments. Stay informed on key events shaping our digital world.
Telegram is tightening its policies, sharing user IPs and phone numbers of criminals with authorities. As hybrid warfare blends state-backed hacking with cybercrime, Telegram faces pressure to curb illegal activities exploiting its encryption features.
Sam Altman’s essay The Intelligence Age predicts superintelligence emerging within years, sparking debates on AI’s potential. While Altman envisions AI driving global prosperity, critics argue that it could worsen inequality. The race for AI dominance raises questions of access and ethics.
At Dreamforce 2024, California Governor Gavin Newsom signed three key AI-related bills, including SB1047, targeting AI use in election ads and deepfakes.
Sam Altman's op-ed calls for U.S. leadership in AI to uphold democratic values, emphasizing security, infrastructure, and global norms. Critics argue his view is American-centric.
DDoS attacks are on the rise globally, targeting the Middle East, Israel, Ukraine, and key sectors like software, telecom, and banking.
Regulators are intensifying their crackdown on Big Tech, with the EU’s $2.7 billion fine against Google marking a pivotal moment. The ruling underscores Europe’s commitment to curbing anti-competitive behaviour.
