More and more people are mining cryptocurrency to cash in on the craze. But some are actually hacking into computers to leverage other people's mining power. Sonatype's Senior Vice President Bill Karpovich explains the danger of these miners and how hackers exploited IBM several years ago. "If 2017 was the year of ransomware, 2018 is going to be the year of crypto-jacking," says Karpovich. "It is amazing to see the rate of growth that are coming out." Before Sonatype, Karpovich served as a General Manager for IBM's Cloud and Watson platform. He says a researcher on this project found crypto-jackers were finding the cheapest way to take advantage of IBM's cloud environment. But after discovering the breach, IBM was able to implement safeguards. Karpovich says it's important to be aware, install latest patches and protection, and be accountable beyond security teams.

Share:
More In Technology
What to know about the Amazon cloud outage
An internet outage on Monday morning highlights the reliance on Amazon's cloud services. This incident reveals vulnerabilities in the concentrated system. Cloud computing allows companies to rent Amazon's infrastructure instead of building their own. Amazon leads the market, followed by Google and Microsoft. The outage originated in Northern Virginia, the biggest and oldest cloud hub in the U.S. This region handles significantly more data than other hubs. Despite the idea of spreading workloads, many rely on this single hub. The demand for computing power, especially for AI, is driving a construction boom for data centers.
Sex is a big market for the AI industry. ChatGPT won’t be the first to try to profit from it
OpenAI has announced that ChatGPT will soon engage in "erotica for verified adults." CEO Sam Altman says the company aims to allow more user freedom for adults while setting limits for teens. OpenAI isn't the first to explore sexualized AI, but previous attempts have faced legal and societal challenges. Altman believes OpenAI isn't the "moral police" and wants to differentiate content similar to how Hollywood differentiates R-rated movies. This move could help OpenAI, which is losing money, turn a profit. However, experts express concerns about the impact on real-world relationships and the potential for misuse.
Tech leader who navigated the internet’s 90s crash weighs in on AI
Former Cisco Systems CEO John Chambers learned all about technology’s volatile highs and lows as a veteran of the internet’s early boom days during the late 1990s and the ensuing meltdown that followed the mania. And now he is seeing potential signs of the cycle repeating with another transformative technology in artificial intelligence. Chambers is trying take some of the lessons he learned while riding a wave that turned Cisco into the world's most valuable company in 2000 before a crash hammered its stock price and apply them as an investor in AI startups. He recently discussed AI's promise and perils during an interview with The Associated Press.
Load More