DATA
Personal data of nearly 8 million Angel One customers leaked online: sources
The hacker said he had released only a part of the data. However, according to a private cyber security consultant, the data seems to be from 2023.
Platinum giant Sibanye hit by cyberattack, mining business unaffected
The attack brought down Sibanya Stillwater's server and disrupted the system globally, a spokesperson of the company told the media. They added that the mining company is unaware of who was behind the attack but they have hired cybersecurity experts to help identify the breach and bring the system back up.
Under Bhashini, IISc to open source 16,000 hours of speech data
Bhashini’s Vaani project, led by IISc-ARTPARK and Google, is open-sourcing 16,000 hours of speech from 80 districts and 150,000 hours from one million people across 773 districts in India. The Gates Foundation funds it. The project records 200 hours per district, supporting AI development in 58 language variants, with Karya assisting data collection.
Angel One data breach, and other recent cyberattacks in India
Angel One, a Mumbai-based stock broking firm The hacker claimed to have access to the stock holding of customers and their profit and loss statements, too, and that only part of the data has been released till now. Although the company claimed the incident had occurred last year.
Meta and Vodafone optimise video to boost network efficiency
Meta and Vodafone optimized video delivery across 11 EU networks, easing capacity. Ericsson reported 25% traffic growth by 2024, driven by video at 73%. Alberto Ripepi called it pragmatic amid Big Tech scrutiny. April trials cut Meta's UK traffic. Gaya Nagarajan stressed innovation; Telefonica also optimizes. EU 5G investment push stalled by 2023 end.
EU vs Big Tech: the cases keep mounting
European regulators have launched a series of probes into Big Tech. In the latest move, the European Commission asked Amazon for more information on its compliance with the Digital Services Act (DSA), which requires Big Tech players to do more to tackle illegal and harmful content on their platforms.
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India produces 20% of world's data: Ola founder Bhavish Aggarwal
Ola founder and CEO Bhavish Aggarwal highlighted that India which constitutes 20 per cent of the world's population produces 20% of the world's digital data. The Ola founder underscored that India should actually produce even more data since we are young.
Talen asks US regulators to reject challenge to Amazon data center deal
Talen Energy defends its Amazon data center deal against claims by utilities, stating it won't raise power costs or affect grid reliability. The dispute could set a precedent for future data center agreements. FERC's decision pending.
Global experts, CISOs, founders to converge at Accel Cybersecurity Summit in Bengaluru on July 25
The summit comes when India's cybersecurity landscape is witnessing remarkable growth, and demand for products and services is rising at a fast clip. Accel has been operating in India since 2008. The global venture capital firm said, "Accel is set to host India's largest Cybersecurity Summit in Bengaluru,"
On A(I) Mission, Centre may go with Indian intel
GPUs are currently a precious resource for the AI industry and are manufactured only by a handful of American companies like Nvidia, Intel, and AMD. Sources said Indian data firms can procure GPU units and then provide them to local firms, startups, academics and researchers at a subsidised rate, for all use cases.
Spanish prosecutors investigate Meta over data use for AI
Spanish prosecutors said Thursday that they were investigating Facebook owner Meta over suspicions it breached data-protection laws by using users' data to train its AI programme. It added that prosecutors were seeking to protect users' "personal data" and would consult the Spanish data-protection authority about possible measures. du/mb/rlp/js
Australia spy agency moves intelligence data to cloud in Amazon deal
Australia's A$2 billion deal with Amazon Web Services will shift top-secret intelligence data to the cloud, enhancing interoperability with U.S. military. Defence Minister Richard Marles noted resilience via distributed facilities and server redundancy. Rachel Noble highlighted AI's ethical data analysis. Andrew Shearer emphasized a common computing environment. Australia's National Security Agency will build new data centres.
Social media companies list out worries as Centre readies data protection rules
Social media platforms have said that undoing behavioural tracking of children and targeted advertisements are among the biggest concerns they have with the new data law the government is prepping. The companies are voicing their concerns as rules of the Digital Personal Data Protection (DPDP) Act will be released soon.
AI deals lift US venture capital funding to $55 billion in Q2, data shows
U.S. venture capital funding surged to $55.6 billion in Q2, driven by AI investments. Emerging VC fund managers faced pressure as large firms like Andreessen Horowitz led fundraising efforts.
Proactive measures against cyber vulnerabilities are vital: Here’s how companies can get started
CEOs and CTOs should prioritize autonomous patching plans to enhance security. Collaboration between security and IT is crucial for effective patching. Analyzing results and ensuring vulnerability compliance are essential. Autonomous patching boosts risk management and operational efficiency, reducing costs and maintaining compliance in a dynamic cybersecurity landscape.
Indonesia data hit by cyberattack not backed up, officials say
Indonesia experienced a significant cyberattack that affected over 230 public agencies, including ministries, causing disruptions to various government services such as immigration and operations at major airports. The attackers demanded an $8 million ransom to retrieve the encrypted data, but the government chose not to pay the ransom and instead focused on restoring services and strengthening cybersecurity measures to prevent future incidents.
Synopsys will help Tata Electronics design custom chips
US-based chip design company Synopsys will help Tata Electronics in multiple aspects of its fab facility—India’s first—coming up in Gujarat and its assembly and testing unit in Assam, chief executive Sassine Ghazi told ET. Ghazi also met with Tata Electronics CEO Randhir Thakur and Tata Sons chairman N Chandrasekaran in Mumbai. He held talks with Ola Cabs chief Bhavish Aggarwal in Bengaluru.
Hackers breach BSNL again, second time in six months
This is the second time in six month where BSNL has suffered a data breach. Athenian Tech chief executive Kanishk Gaur told ET, the breach involved more than 278 GB of data from the state-owned telecom operation, including server snapshots, which can be misused for SIM cloning and potentially more severe criminal activities like extortion.
Reddit to update web standard to block automated website scraping
AI startups face scrutiny for bypassing Reddit's updated scraping rules. Plagiarism accusations against firms like Perplexity highlight the need for stricter data usage regulations. Reddit's cooperation with TollBit and the Internet Archive ensures non-commercial access while maintaining transparency. The involvement of Alan Barona underscores the importance of ethical content sourcing in AI development.
Cyber attack compromised Indonesia data centre, ransom sought: report
Indonesia's communication ministry on Monday said, the attack disputed some government services, most notably at aiports though automated machines were not functional. The Lockbit cybercrime group is notorious for using malicious software called ransomware to digitally extort its victims. They used a new variant of existing malicious software called Lockbit 3.0.
What the arrival of AI phones and computers means for our data
Apple, Microsoft, and Google are leading the way in the development of artificially intelligent smartphones and computers, requiring more user data for tasks like photo editing and call monitoring. This raises privacy concerns as AI needs access to personal data across devices and apps.
Amazon to invest extra 10 billion euros in Germany
Amazon said Wednesday it will invest an additional 10 billion euros ($10.7 billion) in Germany, most of it in cloud computing, the US tech giant's latest major investment in Europe. A total of 8.8 billion euros will come from Amazon's cloud computing division AWS and will be invested in southwest Germany by 2026, with the rest going into logistics, robotics and company offices.
A report shows, India's non-cash payments on ecommerce platforms surge to 58.1% from 20.4% six years ago
India has seen the fastest jump in alternative payment share for ecommerce payments in the Asia Pacific region from 20.4% in 2018 to 58.1% in 2023 says a report by GlobalData, a data and analytics company. The report showed that such alternative payments are already popular in countries like China and India and are gaining traction in other APAC markets.
Data storage cos in a sweat over need to stay cool
Data centers in western and northern India are facing rising operational costs due to soaring temperatures. Firms like Yotta and CtrlS are using alternative cooling methods and renewable energy, while ESDS reports a 10-12% rise in power costs due to erratic grid supply. Several of these data centres are located in New Delhi, Haryana, Noida.
Explainer: Why the few big AI players worry US antitrust regulators
U.S. antitrust enforcers are investigating Big Tech's impact on the AI sector, looking into potential competition issues. Key concerns include data access advantages, impact on workers, and partnerships with Big Tech firms.
Can you opt out of Meta's AI scraping? Sort of
Meta announced the expansion of its AI services globally, using public information to train its AI starting June 26, sparking privacy concerns in Europe. Users in the U.S. were already subject to this practice. The program's future expansion remains uncertain.
ByteDance plans $2.1 billion investment in Malaysia for AI, minister says
As part of the deal, the latest in a number of global tech companies expanding into Southeast Asia, ByteDance will also expand its data centre facilities in Malaysia's Johor state through an additional 1.5 billion ringgit investment, Investment, Trade And Industry Minister Tengku Zafrul Aziz said.
SAS India business to grow faster than other markets, top executive says
The company aims to upgrade its 400-odd customers to its generative AI platform SAS Viya over the next one year, Riad Gydien, executive VP and chief sales officer at SAS, told ET.
Meta hit with privacy complaints in Europe over AI plans
A Vienna-based privacy campaign group filed complaints in 11 European countries against Meta on Thursday, saying the global tech giant's planned privacy policy change would allow "unlawful" use of personal data for artificial intelligence technology. Through the complaints, the group asks data protection authorities in the 11 European countries to stop Meta's new privacy policy before it enters into force in late June and fully investigate it.
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