Ramesh has seven years of experience writing and editing stories on finance, enterprise and consumer technology, and diversity and inclusion. She has previously worked at formerly News Corp-owned TechCircle, business daily The Economic Times and The New Indian Express.
As the Sam Bankman-Fried courtroom saga continues, crypto policy expert Ari Redbord discusses the sentencing's impact of the FTX founder on the ecosystem and regulations, what lies ahead for the industry and approaches to curbing illicit finance threats in the space.
At many financial institutions, your voice is your password. Tiny variations in pitch, tone and timbre make human voices an ideal method for authenticating customers - as long as computers can't be trained to synthesize those pitch, tone and timbre characteristics in real time. They can.
This week, Google sued alleged crypto fraudsters, Mango Markets exploiter's trial began, Do Kwon and Terraform Labs are liable for civil fraud, Taiwanese prosecutors indicted ACE Exchange's co-founder, Wormhole nearly gave $40,000 to hackers and a Binance executive pleaded not guilty in Nigeria.
Employers can now fire an employee who complains about sexual harassment, take a cut of their workers' tips and serve customers cheese nibbled on by rats: at least according to advice doled out by New York City's AI chatbot meant to help small business owners navigate the city's bureaucratic maze.
Meta will slap a "made with AI" label on generative artificial intelligence content posted on its social media sites starting in May, a change the social media giant says will result in more content carrying a warning for users. The company will look for "industry standard AI image indicators."
Generative artificial intelligence is good at sounding authoritative - even when it's making stuff up. One community that thinks so-called AI hallucinations are actually a good thing: hackers. Especially when developers use AI tools that hallucinate entire software libraries.
This week, hackers stole from Prisma Finance and demanded praise, a OneCoin head was sentenced to prison, a Tornado Cash co-founder asked for dismissal of charges, FTX said it will repay customers, Singapore has new digital payment token rules, and the BoE and FCA launched Digital Security Sandbox.
The United States and the United Kingdom signed a landmark artificial intelligence agreement on Monday to work together to develop tests for the most advanced AI models and share research capabilities. The countries also committed to developing similar partnerships with other nations.
Artificial intelligence technologies such as generative AI are not helping fraudsters create new types of scams. They are doing just fine relying on the traditional scams, but the advent of AI is helping them scale up attacks and snare more victims, according to researchers at Visa.
This week, FTX emergency CEO John Ray filleted previous CEO Sam Bankman-Fried, the SEC charged 17 members in a $300 million Ponzi scheme, Hong Kong warned against Bybit, reports said North Korea made half of its revenue from cyberattacks, and police rescued hundreds from a pig-butchering scam center.
In the post-ChatGPT era, nearly every technology company offers some version of artificial intelligence service. But in some companies, the only AI service available is lip service, according to recent Securities and Exchange Commission lawsuits.
DHS plans to embed AI in its operations and use large language models to comb through massive amounts of data to investigate child sex traffickers and drug smugglers. While pledging to use AI responsibly, DHS plans to move quickly and target other areas such as immigration and disaster services.
Artificial intelligence is turning everything it touches into a golden investment opportunity. Edge computing - which is set to play a pivotal role in deploying AI, according to International Data Corp. - is in line to receive $350 billion worth of investments by 2027.
This week, amounts for crypto and phishing losses were released, the Bitcoin Fog operator was convicted, the EU approved rules to strengthen sanctions, the federal government sought to recover losses linked to pig butchering, and the Philippines blocked unlicensed crypto websites.
DARPA said it wants to "redefine" AI security, so it is offering support to seven small businesses to automatically find and fix software vulnerabilities at scale. As part of its AI Cyber Challenge, DARPA awarded the companies $1 million each to develop a "cyber reasoning system" using AI.
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