EU simplifies data breach fines, but penalties loom

EU simplifies data breach fines, but penalties loom

On Tuesday, the European Court of Justice made a significant ruling, simplifying the process for imposing fines on GDPR violations. This decision is expected to streamline actions by data protection authorities, potentially leading to increased average fines. The EU...
Cybercriminals Hijack MS-Exchange Accounts

Cybercriminals Hijack MS-Exchange Accounts

Russian state-backed actors exploit outlook vulnerability to compromise Microsoft exchange accounts and extract sensitive data, warns Microsoft threat intelligence team. The security flaw in Outlook for Windows, disclosed by Microsoft in March, has the potential to...
Malware Targets Global Organizations

Malware Targets Global Organizations

Cyberattacks that have targeted companies in the US, the Middle East, and Africa have been reported. These assaults use a special malware called “Agent Raccoon.” The victims come from various industries, including retail, real estate, education,...
Microsoft to build Virtual Assistant for Commerzbank

Microsoft to build Virtual Assistant for Commerzbank

Commerzbank, a German bank, has launched an Artificial Intelligence Banking Avatar powered by Microsoft Azure OpenAI service for advanced GPT models. The new text-to-speech service of Microsoft Azure is said to allow for compelling digital avatars, enabling effective...
Government Targets Deceptive ‘Dark Patterns’ 

Government Targets Deceptive ‘Dark Patterns’ 

The Department of Consumer Affairs and the Advertising Standards Council of India (ASCI) held consultations with relevant parties on June 13, 2023, over dark patterns. The department also formed a task committee on June 28, 2023. The agency released draft rules on...
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