HSBC has appointed David Rice as its first ever Chief AI Officer, the British bank said on Monday, as it seeks to cut costs by increasing the use of generative AI technology across its businesses worldwide.
Law enforcement agencies in the United States, Germany and Canada have carried out an operation to take down infrastructure used by four major botnets that infected more than 3 million devices worldwide.
Tencent Holdings reported a 13% increase in fourth-quarter revenue on Wednesday, driven by strong demand for gaming and growth in its artificial intelligence services, cementing its position as China’s largest social media and gaming company.
Nvidia has won Beijing’s approval to sell its second-most powerful artificial intelligence chips to China and is also preparing a version of the Groq AI chip that can be sold to the Chinese market, sources familiar with the matter said.
The Trump administration said in a Tuesday court filing that the Pentagon’s blacklisting of Anthropic was justified and lawful, opposing the artificial intelligence lab’s high-stakes lawsuit challenging the decision.
Artificial intelligence is rapidly becoming embedded in everyday business operations. Organisations are using it to automate workflows, analyse vast amounts of data and improve decision-making. But the same technologies are also reshaping the cyber-threat landscape.
Hackers working for an unnamed nation-state breached networks at Ribbon Communications, a key U.S. telecommunications services company, and remained within the firm’s systems for nearly a year without being detected, a company spokesperson confirmed in a statement on Wednesday.
A Chinese state-linked hacking group has been exploiting vulnerabilities in ArcGIS Server systems to create hidden backdoors and maintain access for more than a year, researchers at ReliaQuest have revealed.
In today’s digital economy, managing cyber-risk is no longer purely a technology issue. Organisations must balance innovation and operational efficiency with regulatory compliance and legal accountability.