Industry News

A US federal judge in the Southern District of New York has sentenced Sam Bankman-Fried, founder of bankrupt crypto exchange FTX, to 25 years in prison. In addition, Bankman-Fried has been ordered to forfeit $11 billion. Last November, at the end of a month-long trial, Bankman-Fried—known colloquially as SBF—was found guilty of seven counts of fraud and conspiracy in connection with the collapse of FTX.

PyPI, a vital repository for open source developers, temporarily halted new project creation and new user registration following an onslaught of package uploads that executed malicious code on any device that installed them. Ten hours later, it lifted the suspension.

Israel has deployed a mass facial recognition program in the Gaza Strip, creating a database of Palestinians without their knowledge or consent, The New York Times reports. The program, which was created after the October 7th attacks, uses technology from Google Photos as well as a custom tool built by the Tel Aviv-based company Corsight to identify people affiliated with Hamas.

This past Monday, about a dozen engineers and executives at data science and AI company Databricks gathered in conference rooms connected via Zoom to learn if they had succeeded in building a top artificial intelligence language model. The team had spent months, and about $10 million, training DBRX, a large language model similar in design to the one behind OpenAI’s ChatGPT. But they wouldn’t know how powerful their creation was until results came back from the final tests of its abilities.

There's a strong consensus that tackling most useful problems with a quantum computer will require that the computer be capable of error correction. There is absolutely no consensus, however, about what technology will allow us to get there. A large number of companies, including major players like Microsoft, Intel, Amazon, and IBM, have all committed to different technologies to get there, while a collection of startups are exploring an even wider range of potential solutions.

A significant portion of the Middle East's economy is driven by the extraction of natural resources. The biggest growth in global oil production was in the Middle East, including Saudi Arabia and the United Arab Emirates (UAE). The region is home to a high concentration of industrial companies and enterprises in the energy sector. These organizations, alongside government agencies, actively employ information technologies. Digitalization has led to significant economic and social growth in Middle Eastern countries.

The use of generative AI has already given a productivity boost to the internal cybersecurity team at Amazon Web Services and the cloud giant expects that this is just the beginning, according to AWS CISO Chris Betz.

Betz, who joined AWS as CISO in August, recently spoke with CRN US on how GenAI is already making a difference when it comes to the security capabilities of customers and partners, as well as for AWS itself.

New Zealand on Tuesday said hackers linked to the Chinese government launched a state-sponsored cyber attack on its parliament in 2021.

The New Zealand government said its communications security bureau (GCSB) had established links between the Chinese state-sponsored actor Advanced Persistent Threat 40 (APT40) and malicious cyber activity targeting parliamentary services and the parliamentary counsel office.

The Australian government is carving out plans to revamp cybersecurity laws and regulations in the wake of a series of damaging high-profile data breaches that rocked the country.

Government officials recently released what it called a consultation paper that outlined specific proposals and solicited input from the private sector in a proclaimed strategy to position the nation as a world leader in cybersecurity by 2030.

Apple has announced dates for this year's Worldwide Developers Conference (WWDC). WWDC24 will run from June 10 through June 14 at the company's Cupertino, California, headquarters, but everything will be streamed online.