Business - Tech trends and economic shifts
California’s SB 1047 is poised to set a global precedent in AI regulation, introducing safeguards against AI weaponisation and cyber threats. Critics warn it may stifle innovation, driving companies out of Silicon Valley.
CrowdStrike's disastrous July 19 software update crippled Jetstar and exposed vulnerabilities, causing a global IT outage. Competitors like SentinelOne exploited the chaos, shaking customer trust and eroding CrowdStrike's market value by 25%.
Welcome back to the AI Diplomat Insight Series. This year, AI has become a key investment for businesses, with spending on AI vendors up 375% year-over-year, according to RAMP's latest report.
Welcome to the Cyber Scan Roundup! This week: Elon Musk’s AI chatbot Grok faces backlash for spreading election misinformation. TikTok withdraws its Lite rewards program in the EU under regulatory pressure. In the U.S., TikTok battles a DOJ lawsuit over alleged violations of children’s privacy laws.
Cybersecurity news: Delta sues CrowdStrike for $500M over a tech outage, IBM launches an AI-powered cybersecurity assistant to boost threat detection, and the industry faces a severe talent shortage. With rising cyber threats and gaps in expertise, the cybersecurity landscape is rapidly evolving.
Cybersecurity headlines: A judge rules Google violated antitrust laws, risking major impacts on AI development. A surge in cyber vulnerabilities reported for 2024. OpenAI faces leadership turmoil with executive exits. The NHS vendor is fined £6M over a ransomware breach. Cyber threats rise globally.
Welcome back! In this second part of the AI Diplomat Insights Series, we dive deep into the ongoing debate: Are we in an AI bubble, or is this the dawn of an AI revolution?
Welcome to The AI Diplomat in its first instalment of our three-part series examining the economic, social, and business implications of the AI revolution.
In corporate news, Alphabet Inc. is negotiating a historic $23 billion acquisition of cybersecurity startup Wiz, signalling a major strategic shift towards cloud security.
Welcome back to the Midweek CyberScan and AI Diplomat Series, your go-to source for the latest buzz in security, defence, AI business, and global affairs.
From Silicon Valley to Sydney, the AI industry is accelerating at breakneck speed, with eye-watering billion-dollar deals becoming the norm. Investor confidence is soaring, signalling the dawn of a global AI race, although tempered by increasing EU regulations and rising antitrust issues.
This week’s CyberScan roundup delves into the most pressing cybersecurity issues and developments shaping the global landscape. Australia’s Big Four banks are in the spotlight, battling relentless cyber attacks from individuals, criminal syndicates, and nation-state actors.
Where cybersecurity meets innovation, the CNC team delivers AI and tech breakthroughs for our digital future. We analyze incidents, data, and insights to keep you informed, secure, and ahead. Sign up for free!
