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TSMC boss predicts AI chip shortage through 2025, says Trump comments don’t change his strategy

TSMC boss predicts AI chip shortage through 2025, says Trump comments don’t change his strategy 2024-07-18 at 16:16 By Laura Dobberstein Overseas expansion to continue, insists C.C. Wei The CEO of Taiwan Semiconductor Manufacturing Company (TSMC) is predicting that supply won’t balance out demand for advanced chips until 2025 or 2026.… This article is an […]

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95% percent of organizations had at least one high or critical risk

95% percent of organizations had at least one high or critical risk 2024-07-18 at 16:16 By A recent report found that many applications contained vulnerabilities spanning various stages of the kill-chain, leaving them vulnerable to attack. This article is an excerpt from Subscribe to Security Magazine’s RSS Feed View Original Source React to this headline:

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Europe’s largest council could face £12M manual audit bill after Oracle project disaster

Europe’s largest council could face £12M manual audit bill after Oracle project disaster 2024-07-18 at 15:46 By Lindsay Clark Thank goodness for pen and paper. Re-implemented system might not arrive until March 2026, four years after initial roll-out Europe’s largest local authority faces a $15.58 million (£12 million) bill for manually auditing accounts which should

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AppSec Webinar: How to Turn Developers into Security Champions

AppSec Webinar: How to Turn Developers into Security Champions 2024-07-18 at 15:16 By Let’s face it: AppSec and developers often feel like they’re on opposing teams. You’re battling endless vulnerabilities while they just want to ship code. Sound familiar? It’s a common challenge, but there is a solution. Ever wish they proactively cared about security?

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NASA swings budget axe, kills $400M+ VIPER lunar trundlebot

NASA swings budget axe, kills $400M+ VIPER lunar trundlebot 2024-07-18 at 14:46 By Richard Speed Creeping costs, launch delays mean almost completed rover 1) will never see Moon, 2) will be stripped for parts The budget axe has swung, and NASA’s VIPER rover will not be trundling around the lunar surface any time soon.… This

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Automated Threats Pose Increasing Risk to the Travel Industry

Automated Threats Pose Increasing Risk to the Travel Industry 2024-07-18 at 14:31 By As the travel industry rebounds post-pandemic, it is increasingly targeted by automated threats, with the sector experiencing nearly 21% of all bot attack requests last year. That’s according to research from Imperva, a Thales company. In their 2024 Bad Bot Report, Imperva

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Maximum-severity Cisco vulnerability allows attackers to change admin passwords

Maximum-severity Cisco vulnerability allows attackers to change admin passwords 2024-07-18 at 13:47 By Connor Jones You’re going to want to patch this one Cisco just dropped a patch for a maximum-severity vulnerability that allows attackers to change the password of any user, including admins.… This article is an excerpt from The Register View Original Source

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TAG-100: New Threat Actor Uses Open-Source Tools for Widespread Attacks

TAG-100: New Threat Actor Uses Open-Source Tools for Widespread Attacks 2024-07-18 at 13:31 By Unknown threat actors have been observed leveraging open-source tools as part of a suspected cyber espionage campaign targeting global government and private sector organizations. Recorded Future’s Insikt Group is tracking the activity under the temporary moniker TAG-100, noting that the adversary

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SAP AI Core Vulnerabilities Expose Customer Data to Cyber Attacks

SAP AI Core Vulnerabilities Expose Customer Data to Cyber Attacks 2024-07-18 at 13:31 By Cybersecurity researchers have uncovered security shortcomings in SAP AI Core cloud-based platform for creating and deploying predictive artificial intelligence (AI) workflows that could be exploited to get hold of access tokens and customer data. The five vulnerabilities have been collectively dubbed

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Don’t blame AI for rise in carbon emissions, says Google exec

Don’t blame AI for rise in carbon emissions, says Google exec 2024-07-18 at 12:32 By Dan Robinson Datacenter pollution is rising… but LLM workload not as big as you think Google’s chief scientist claims that AI is being unfairly blamed for the rise in his company’s carbon dioxide emissions, and says the tech giant’s efforts

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Meta Halts AI Use in Brazil Following Data Protection Authority’s Ban

Meta Halts AI Use in Brazil Following Data Protection Authority’s Ban 2024-07-18 at 11:01 By Meta has suspended the use of generative artificial intelligence (GenAI) in Brazil after the country’s data protection authority issued a preliminary ban objecting to its new privacy policy. The development was first reported by news agency Reuters. The company said

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Firms skip security reviews of major app updates about half the time

Firms skip security reviews of major app updates about half the time 2024-07-18 at 10:31 By Matthew Connatser Complicated, costly, time-consuming – pick three Cyber security workers only review major updates to software applications only 54 percent of the time, according to a poll of tech managers.… This article is an excerpt from The Register

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Semiconductor shares slump – possibly thanks to Biden and Trump

Semiconductor shares slump – possibly thanks to Biden and Trump 2024-07-18 at 09:31 By Simon Sharwood More sanctions and weaker support for Taiwan are bad news … except for Intel? The share price of several major semiconductor producers has taken a sharp dive, seemingly in response to a pair of political developments in the United

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Cisco Warns of Critical Flaw Affecting On-Prem Smart Software Manager

Cisco Warns of Critical Flaw Affecting On-Prem Smart Software Manager 2024-07-18 at 09:16 By Cisco has released patches to address a maximum-severity security flaw impacting Smart Software Manager On-Prem (Cisco SSM On-Prem) that could enable a remote, unauthenticated attacker to change the password of any users, including those belonging to administrative users. The vulnerability, tracked

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Samsung buys UK AI startup to give its products the personal touch

Samsung buys UK AI startup to give its products the personal touch 2024-07-18 at 08:46 By Laura Dobberstein Oxford Semantic could help your fridge and smartphone pick up on your proclivities Samsung announced the acquisition of UK knowledge graph startup Oxford Semantic Technologies on Thursday, to boost its AI smarts and offer more personalized experiences

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Unlocking secrets of AI-proof industries: Security and cash-in-transit

Unlocking secrets of AI-proof industries: Security and cash-in-transit 2024-07-18 at 07:16 By While AI presents exciting possibilities for sectors around the world, the security and cash-in-transit sectors will always require the nuanced, adaptable and empathetic touch of human professionals.  This article is an excerpt from Subscribe to Security Magazine’s RSS Feed View Original Source React

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Tech upgrade broke the casino – took slots offline for days

Tech upgrade broke the casino – took slots offline for days 2024-07-18 at 06:16 By Simon Sharwood A fresh mess for the Australian outfit that previously managed to pay winnings more than once Australia’s Star Entertainment Group, operator of three casinos down under, has seen its slot machines and other electronic games go offline for

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Release the hounds! Securing datacenters may soon need sniffer dogs

Release the hounds! Securing datacenters may soon need sniffer dogs 2024-07-18 at 04:02 By Simon Sharwood Nothing else can detect attackers with implants designed to foil physical security Sniffer dogs may soon become a useful means of improving physical security in datacenters, as increasing numbers of people are adopting implants like NFC chips that have

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