As information has become electronic, the encryption of that information has become imperative. And with the news Tuesday (Aug. 13) that, after an eight-year-long process, the U.S. Department of Commerce’s National Institute of Standards and Technology (NIST) has finalized its principal set of encryption algorithms designed to withstand...
Behind every business is a group of individual employees. And, in most cases — and for most firms — those individuals use their work, or even personal, email accounts to conduct business. That one fact alone makes them a prime target for bad actors and...
The Treasury Department is sounding the alarm on cybersecurity risks posed by the growing use of artificial intelligence (AI) within the financial services sector. A new report Wednesday (March 27) highlights potential dangers and calls for urgent collaboration between government and industry to safeguard financial stability. The...
Data breaches can have far-reaching impacts on operations, finances and reputations. And the impact and frequency of data breaches are only increasing as bad actors seek out new vulnerabilities in organizational infrastructures, exploiting weaknesses to gain unauthorized access to sensitive data. Just look at the...
August 10, 2017
Fraud is constantly evolving, so why shouldn’t digital identity protection? The National Institute of Standards and Technology recently updated its Digital Identity Guidelines, to include authentication — and the scope goes well beyond passwords. PYMNTS’ Karen Webster checks in with Sunil Madhu, chief executive officer of Socure, and Paul Grassi, Senior Standards and Technology Advisor, Trusted Identities Group at the National Institute of Standards and Technology, to get a sense of what’s outdated and what works.
August 29, 2024
Two of the most high-profile artificial intelligence firms inked a deal with the United States government. OpenAI and Anthropic agreed to collaborate with the U.S. Artificial Intelligence Safety Institute on AI safety research, testing and evaluation, according to a Thursday (Aug. 29) press release. The agreements establish a framework for the institute to receive access […]
February 08, 2024
Editor’s note: This story has been updated: Amazon and Mastercard are among dozens of members of a new government artificial intelligence (AI) safety initiative. The tech giant and the payments...
November 03, 2023
President Biden issued an executive order on Monday (Oct. 30) on artificial intelligence (AI) to ensure that America leads in harnessing the potential of AI while managing its risks. Two...
June 13, 2023
Major players in the burgeoning generative AI sector, Google and OpenAI, have markedly different views about regulatory oversight of the world-changing technology. In widely published reports, Google is diverging from OpenAI and...
