Meta Fined €91 Million for Storing Millions of Facebook and Instagram Passwords in Plaintext

The Irish Data Protection Commission (DPC) has fined Meta €91 million ($101.56 million) as part of a probe into a security lapse in March 2019, when the company disclosed that it had mistakenly stored users’ passwords in plaintext in its systems. The investigation, launched by the DPC the next month, found that the social media […]

KT Corporation and Microsoft take ‘giant step’ to accelerate AI innovation in Korea

• Five-year, multi-billion-dollar strategic partnership to drive AI transformation for more than 650,000 thousand businesses and 17 million consumers across Korea • Korea-customized AI model collaboration, including OpenAI’s GPT-4o through Azure OpenAI Service, to enable emerging AI use cases for different industry verticals • KT and Microsoft collaborate on Korean sovereign cloud solution development and […]

Crypto Scam App Disguised as WalletConnect Steals $70K in Five-Month Campaign

Cybersecurity researchers have discovered a malicious Android app on the Google Play Store that enabled the threat actors behind it to steal approximately $70,000 in cryptocurrency from victims over a period of nearly five months. The dodgy app, identified by Check Point, masqueraded as the legitimate WalletConnect open-source protocol to trick unsuspecting users into downloading […]

U.S. Charges Three Iranian Nationals for Election Interference and Cybercrimes

U.S. federal prosecutors on Friday unsealed criminal charges against three Iranian nationals who are allegedly employed with the Islamic Revolutionary Guard Corps (IRGC) for their targeting of current and former officials to steal sensitive data. The Department of Justice (DoJ) accused Masoud Jalili, 36, Seyyed Ali Aghamiri, 34, and Yasar (Yaser) Balaghi, 37, of participating […]

Announcing fine-tuning for customization and support for new models in Azure AI 

AI has revolutionized the way we approach problem-solving and creativity in various industries. From generating realistic images to crafting human-like text, these models have shown immense potential. However, to truly harness their power, customization is key. We are announcing new customization updates on Microsoft Azure AI including: General availability of fine-tuning for Azure OpenAI Service […]