16.3 C
New York

Tag: cybersecurity

It is a daily ritual for millions of Australians, but if you have noticed the price of your morning flat white or soy latte increase, brace yourself — it is likely to get worse. By the end of the year,...
It is a daily ritual for millions of Australians, but if you have noticed the price of your morning flat white or soy latte increase, brace yourself — it is likely to get worse. By the end of the year,...

Millions Vanish From Bank Accounts in Ethiopian Heist of the Century

Ethiopia's state-owned Commercial Bank of Ethiopia experienced a glitch that allowed customers to withdraw excessive funds. Over $40 million was withdrawn, primarily by students. The bank has suspended transactions and urged universities to request students to return any excess withdrawals. The bank denies a cyber attack and claims its ATM services are now operational.

JPMorgan CEO: Prepare for AI Revolution or Face Business Extinction

Jamie Dimon, CEO of JPMorgan Chase, views AI as a transformative technology with significant applications. Unlike the tech bubble of the early 2000s, AI possesses tangible uses. Dimon highlights its potential to revolutionize industries and address challenges like cybersecurity and cancer cures. JPMorgan has invested heavily in AI research, exploring possibilities in large language models. Despite concerns about misuse, Dimon believes AI's potential for positive change in various fields outweighs any risks.

Recent articles

spot_img