Family offices become prime targets for cyber hacks and ransomware

Family offices become prime targets for cyber hacks and ransomware

A computer with a “system hacked” alert due to a cyber attack on a computer network. Teera Konakan | Moment | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high net worth investor and consumer. Sign up to receive future editions, straight to … Read more

In biometric ‘breakthrough’ year, you may soon pay with your face

In biometric ‘breakthrough’ year, you may soon pay with your face

Automated fast food restaurant CaliExpress by Flippy, in Pasadena, Calif., opened in January to considerable hype due to its robot burger makers, but the restaurant launched with another, less heralded innovation: the ability to pay for your meal with your face. CaliExpress uses a payment system from facial ID tech company PopID. To activate it, … Read more

WikiLeaks’ Julian Assange can appeal extradition to U.S.: UK court

WikiLeaks’ Julian Assange can appeal extradition to U.S.: UK court

LONDON, ENGLAND – MAY 19: Julian Assange gestures as he speaks to the media from the balcony of the Embassy Of Ecuador on May 19, 2017 in London, England. Photo by Jack Taylor/Getty Images) Jack Taylor | Getty Images News | Getty Images LONDON — WikiLeaks founder Julian Assange has the right to appeal against … Read more

Meta slapped with child safety probe under sweeping EU tech law

Meta slapped with child safety probe under sweeping EU tech law

Mark Zuckerberg, CEO of Meta testifies before the Senate Judiciary Committee at the Dirksen Senate Office Building on January 31, 2024 in Washington, DC. Alex Wong | Getty Images Facebook parent company Meta on Thursday was hit with a major investigation from the European Union into alleged breaches of the bloc’s strict online content law … Read more

‘High risk’: Canada, allies warn of state-sponsored cyberthreats to civil society – National

‘High risk’: Canada, allies warn of state-sponsored cyberthreats to civil society – National

Cyber actors backed by Russia, China and other foreign adversaries are increasingly targeting non-profit and advocacy groups, journalists, human rights activists and other members of civil society, cyber agencies from Canada and other allies say. A joint advisory issued Tuesday from Canada’s Communications Security Establishment, the U.S. Cybersecurity and Infrastructure Security Agency and FBI, and … Read more

Klarna says 90% of its employees are using generative AI daily

Klarna says 90% of its employees are using generative AI daily

Rafael Henrique | SOPA Images | LightRocket via Getty Images Swedish financial technology company Klarna said Tuesday that nearly 9 out of 10 employees in its 5,000-strong workforce are now using generative artificial intelligence tools in their daily work. Klarna, which lets individuals split their purchases into interest-free, monthly installments, said over 87% of its … Read more

Elon Musk’s X wins court reprieve in fight against Australia government

Elon Musk’s X wins court reprieve in fight against Australia government

Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X speaks during the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 6, 2024.  David Swanson | Reuters Elon Musk’s social media platform X won a reprieve Monday after an Australian court refused to extend … Read more

House committee seeks Microsoft’s Brad Smith for cybersecurity hearing

House committee seeks Microsoft’s Brad Smith for cybersecurity hearing

Brad Smith, vice chair and president of Microsoft, speaks at Gateway Technical College in Sturtevant, Wisconsin, on May 8, 2024. Alex Wroblewski | Bloomberg | Getty Images A House committee wants Microsoft‘s top lawyer, Brad Smith, to attend a hearing this month on exploits of the company’s software that resulted in hackers obtaining U.S. government … Read more

Appian CEO on Big Tech AI strategy, competition concerns, regulation

Appian CEO on Big Tech AI strategy, competition concerns, regulation

Just_super | E+ | Getty Images Big technology companies are consuming as much data as possible to become winners in artificial intelligence — but that’s not necessarily what will define winners, according to the boss of software giant Appian. Matt Calkins, CEO and co-founder of Appian, said that though internet giants like Microsoft, Amazon, and … Read more

Russian charged in LockBit ransomware crimes — $10 million reward

Russian charged in LockBit ransomware crimes —  million reward

Zoom In IconArrows pointing outwards Dmitry Yuryevich Khoroshev, Russian national and a leader of LockBit. Courtesy: U.S. Department of the Treasury Federal prosecutors on Tuesday announced criminal charges against a Russian national, Dimitry Yuryevich Khoroshev, for allegedly creating, developing, and administrating the LockBit ransomware-as-service group. The U.S. State Department at the same time offered a … Read more