Risks of opening up AI

Earlier in July, Meta, the parent company of Facebook, announced the availability of Llama 2, which will be made available in the Microsoft Azure AI model catalogue, as well as AWS. Meta describes Llama 2 as “the next generation” of its open source large language model. But while it is free for research and […]

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What is compliance audit? | Definition from TechTarget

What is a compliance audit? A compliance audit is a comprehensive review of an organization’s adherence to regulatory guidelines. Audit reports evaluate the strength and thoroughness of compliance preparations, security policies, user access controls and risk management procedures over the course of a compliance audit. What precisely is examined in a compliance audit varies depending […]

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Scottish university hit by Rhysida ransomware gang

Data supposedly stolen from the University of Western Scotland (UWS) in a ransomware attack has been put up for sale on the dark web by a newly emergent ransomware gang going by the name of Rhysida, which is asking approximately £450,000 in Bitcoin, with plans to sell it to the highest bidder in the […]

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ServiceNow Q2 2023: 23% year-on-year growth with GenAI to fore

ServiceNow has announced second-quarter 2023 revenue of $2.15bn, marking 23% growth over the same quarter last year. During the quarter, the supplier delivered new products said to embed generative AI across its Now platform, which is a cloud-delivered platform for automating digital workflows. These are: Generative AI Controller, Now Assist for Search, and Now Assist for […]

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European Commission starts investigation into Microsoft Teams bundling

Margrethe Vestager, executive vice-president in charge of competition policy at the European Commission (EC), has said it will start a formal investigation to assess whether Teams and Microsoft 365 bundling is anti-competitive. The investigation follows on from the July 2020 complaint made by Slack Technologies, which alleged that Microsoft illegally tied Teams to its […]

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Cyber criminals pivot away from ransomware encryption

Cases of straight-up data theft and extortion now appear to be more widespread a threat than ransomware, becoming the single most observed threat in the second calendar quarter of 2023, according to data released this week by researchers working with Cisco Talos. According to Cisco Talos’s incident response telemetry, incidents of data theft and […]

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US cyber breach reporting rules to have global impact

Organisations operating in the US will have to get to grips with strict new cyber breach reporting regulations, handed down this week by the Securities and Exchange Commission (SEC). The rules will apply to all US-listed companies, including Foreign Private Issuers – bodies primarily organised outside the US but that maintain secondary listings there. […]

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