The new AI Safety Initiative has attracted participation from tech heavyweights Microsoft, Amazon and Google OpenAI and Anthropic and plans to work on tools, templates and data for deploying AI/LLM technology in a safe, ethical and compliant manner. “The AI Safety Initiative is actively developing practical safeguards for today’s generative AI, structured in a way…

The European Union will soon set up a dedicated office to oversee the implementation of the AI Act, especially by big-tech companies such as OpenAI, said a key European lawmaker. The European Parliament in June approved regulations intended to mitigate AI’s potential for negative effects on society. The AI Act entered final negotiations this month…

The average cost per data breach for business in 2023 jumped to $4.45 million, a 15% increase over three years. But instead of investing in cybersecurity, 57% of breached organizations told IBM they were inclined to just pass those costs onto consumers. The final total for the year could be even higher: With organizations struggling…

Experts are ringing the alarm bells over the risks unfettered development of artificial intelligence (AI) technology could pose to humanity. Enter the European Union (EU), already a leader in data protection and privacy rights, where the EU Parliament has agreed on a law governing AI technology. Jonathan Dambrot, CEO of Cranium, says it’s not surprising…

Cisco’s innovative technologies help connect the dots of its network- and cloud-based ecosystem. A tremendous number of enterprises and service providers view Cisco as the nexus of their network, security, and cloud operations. At the company’s Cisco Live customer and partner conference in June, Cisco boldly connected the dots of a network- and cloud-based ecosystem…

A cyber risk quantification startup backed by ex-Cisco CEO John Chambers has raised $50 million to apply machine-learning technology and build more API adapters. The Silicon Valley-based company said the Series B funding will allow Safe Security to capitalize on generative artificial intelligence to help nontechnical leaders better understand their organizations security postures, said co-founder…

Italy is temporarily blocking the artificial intelligence software ChatGPT in the wake of a data breach as it investigates a possible violation of stringent European Union data protection rules, the government’s privacy watchdog said Friday. The Italian Data Protection Authority said it was taking provisional action “until ChatGPT respects privacy,” including temporarily limiting the company…

Darktrace, a global leader in cyber security artificial intelligence, today released three new cyber-threat trend reports revealing 2022 attack data observed across its global customer fleet.1 The industry reports pertain to the energy, healthcare, and retail sectors respectively. “These industry-specific reports are the first of their kind released by Darktrace, representing an important effort to…