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AI boom poses new financial stability risks, BIS head says
4+ day, 6+ hour ago (463+ words) LONDON, Sept 10 (Reuters) – AI’s rapid rise is creating new financial stability risks, Bank for International Settlements head Pablo Hernandez de Cos said, with spending on related infrastructure already at a scale significant enough to influence global economic conditions. For central…...
OpenAI faces Senate probe into Hugging Face incident
4+ day, 2+ hour ago (222+ words) Sept 10 (Reuters) – A Republican-led Senate subcommittee responsible for disaster-management oversight is examining OpenAI’s response to the July Hugging Face breach. In a September 9 letter to OpenAI CEO Sam Altman, Senator Josh Hawley said the investigation was launched in light of…...
OpenAI pushes for mandatory national AI safety requirements
4+ day, 8+ hour ago (201+ words) Sept 9 (Reuters) – OpenAI said on Wednesday it is pushing for mandatory national AI safety requirements, as increasingly powerful models fan concerns about the risk posed by autonomous AI agents. Several incidents in which AI models from developers including OpenAI, Anthropic…...
Elbit Systems launches AI-based autonomous defence tech unit
4+ day, 22+ hour ago (108+ words) ROSH HAAYIN, Israel, Sept 9 (Reuters) – Elbit Systems, Israel’s largest defence firm, on Wednesday launched a unit called Fuse that will focus on AI-based defence technologies such as autonomous drones and other military systems. • Fuse consolidates Elbit’s many defence technologies into…...
Boston Scientific says unlikely to meet 2026 sales, profit forecast after cyberattack
5+ day, 22+ hour ago (308+ words) Sept 8 (Reuters) – Boston Scientific said on Tuesday it no longer expects to meet its previously issued third-quarter and full-year 2026 sales and adjusted profit forecasts, after a cybersecurity incident disrupted the medical device maker’s global operations. An unauthorized activity on some…...
FBI probes report of data breach exposing millions of drivers’ licenses in US, Canada
1+ week, 4+ day ago (284+ words) WASHINGTON, Sept 2 (Reuters) – The FBI said on Wednesday it was investigating a report that tens of millions of drivers’ licenses belonging to people in the United States and Canada were being sold on the dark web. On Tuesday, the independent…...
Thomson Reuters detects cybersecurity incident, says unauthorized party accessed files
1+ week, 4+ day ago (405+ words) Sept 2 (Reuters) – A unit of Thomson Reuters detected a cybersecurity incident in 11 U.S. states, the U.S. Virgin Islands and Canada on June 30 involving the company’s C-Track case management platform, according to a notice from the company on Wednesday and a…...
US Justice Department pursuing hackers behind attack on X users
1+ week, 4+ day ago (128+ words) Sept 2 (Reuters) – The U.S. Justice Department is working with Elon Musk’s X to track down those behind an attempted password-recovery attack targeting hundreds of thousands of users of the social media platform this week, U.S. Attorney General Todd Blanche…...
Russian cybercrime operation being dismantled after two decades, US officials and CrowdStrike say
1+ week, 5+ day ago (386+ words) LAS VEGAS, Sept 1 (Reuters) – A two-decade-old Russian hacking operation dubbed “Sality” is being dismantled, U.S. law enforcement officials and cybersecurity company CrowdStrike announced on Tuesday. U.S. officials said they had seized the web domains hackers used to take…...
Palo Alto Networks beats quarterly earnings estimates, acquires AI platform Console
1+ week, 5+ day ago (183+ words) Sept 1 (Reuters) – Palo Alto Networks beat fourth-quarter earnings estimates on Tuesday and announced the acquisition of AI-native platform Console, saying advances in artificial intelligence are making cybersecurity a higher priority for corporate technology leaders. • Palo Alto Networks said it acquired…...