Adam Malone, EY threat detection and response leader, joined Cheddar News senior reporter Michelle Castillo at the 2023 RSA Conference to discuss the implications that are associated the development and rapid progression of artificial intelligence. He said the technology could allow potential bad actors to develop more phishing scams that seem legit to even the most careful internet users. "Another application might be using ChatGPT to create malicious code," he said. "It's going to help more people get access to coding tools with a lower threshold of entry and create more potentially malicious tools that could get into circulation faster."
The Consumer Financial Protection Bureau laid out a number of concerns about the growing use of chatbots by banks to handle routine customer service requests.
With concerns about misinformation spreading online, European Union officials want to more closely regulate artificial intelligence, and they're asking the world's biggest tech companies for help.
Sens. Elizabeth Warren, Ron Wyden, Ed Markey, and Mazie Hirono sent a letter to top officials at Twitter expressing their concerns over the platform's privacy policy.
The world's largest cryptocurrency exchange Binance and its founder Changpeng Zhao are accused of misusing investor funds, operating as an unregistered exchange and violating a slew of U.S. securities laws in a lawsuit filed by the SEC.
Apple on Monday unveiled a long-rumored headset that will place its users between the virtual and real world, while also testing the technology trendsetter's ability to popularize new-fangled devices after others failed to capture the public's imagination.
Customers of Venmo, PayPal and CashApp should not store their money with these apps for the long term because the funds might not be safe during a crisis, the Consumer Financial Protection Bureau warned on Thursday.
