Unveiling the Bank's Response to the Cyber Incident

Published On Mon Nov 04 2024
Unveiling the Bank's Response to the Cyber Incident

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Bank Responds to Cyber Incident

The bank responded that it would appeal the decision to court, adding that no bank data had been compromised and the incident had been immediately resolved.

The Rise of Deepfakes

Deepfakes are a manipulation of a person's facial appearance through deep generative methods, backed by AI including imaging and voice rendering techniques.

China Proposes AI Resolution

Speaking during a press conference at China's Two Sessions legislative meetings, foreign minister Wang Yi said Beijing would introduce a draft resolution on "strengthening international cooperation in artificial intelligence capacity building" to the UN General Assembly.

Grant Opportunities for R&D Projects

Researchers, scientists, engineers, technologists, and faculty members can submit R&D project proposals for grants-in-aid support.

EU Introduces New Cybersecurity Law

The European Commission announced a new cybersecurity law leveraging state-of-the-art tools and infrastructures to detect cyber threats and incidents swiftly.

Apple Updates Operations in EU

Apple announced modifications to its iOS operating system, Safari browser, and App Store operations in the EU to comply with the DMA, aimed at combating anti-competitive practices online.

Apple announces changes to iOS, Safari, and the App Store in the EU

India Issues Advisory on AI Models

The Indian government issued an advisory requiring tech companies to seek permission before launching AI models, emphasizing user consent and content labeling for safety and trust.

Antitrust Concerns for Apple

The antitrust authority raised concerns that Apple may have violated regulations related to iPhone user data usage in advertising, potentially misusing its dominant market position.

Regulations for Reporting Cyber Incidents

Under proposed rules, banks in New Zealand must inform the RBNZ of all cyber incidents, with reporting frequencies varying based on entity size.

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