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Gulf Air Reports Data Breach, Assures Operational Stability

Gulf Air announced a data breach on Friday, saying that although its data was exposed, it had no impact on its core business processes or essential sy

Gulf Air announced a data breach on Friday, saying that although its data was exposed, it had no impact on its core business processes or essential systems. Information in the companys customer database and email system was compromised. Gulf Air said that emergency procedures had been triggered to limit the breach. The early reports needed more specifics on the scope and kind of exposed data. Significant dangers arise from data breaches, particularly in the airline sector, where sensitive consumer information, including personal and travel details, is exchanged. The event serves as a reminder of the continuous cybersecurity difficulties that businesses in various industries confront. Read More..

B2B Tech News | 2 years ago          

Telekopye Malicious Telegram Bot Fuels LargeScale Phishing Scams

Threat actors use Telekopye, a malicious Telegram bot, to launch widespread phishing attacks. The threat actors behind the operation, dubbed "Neandert

Threat actors use Telekopye, a malicious Telegram bot, to launch widespread phishing attacks. The threat actors behind the operation, dubbed "Neanderthals," recruit members through ads on underground forums and manage criminal activity like a real business. Telekopye, the malicious bot, can produce phishing webpages, emails, SMS messages, and other content. Scams, including buyer, seller, and refund scams, are practised by Neanderthals. Classiscam, a scamasaservice programme, has allegedly made $64.5 million in illegal revenues since 2019. To remain anonymous, the Neanderthals employ various strategies, such as web scrapers, VPNs, proxies, and TOR. Read More..

B2B Tech News | 2 years ago          

Australias Watchdog Proposes Digital Platform Reforms ACCC Targets Amazon, Apple, Google, Meta, and Microsoft

The Australian Competition and Consumer Commission ACCC, which oversees competition in Australia, has demanded new competition legislation in response

The Australian Competition and Consumer Commission ACCC, which oversees competition in Australia, has demanded new competition legislation in response to the swift expansion of digital platforms such as Amazon, Apple, Google, Meta, and Microsoft. The ACCC voiced worries about the possibility of harmful behaviour increasing, including practices that restrict customer options and intrusive data collecting. The ACCC suggested changes, such as focused consumer safeguards and servicespecific rules, to stop anticompetitive behaviour, even though it did not specifically discover any such behaviour. The commission also emphasised how competition regulations must change to accommodate new technologies like virtual reality and generative AI. Read More..

B2B Tech News | 2 years ago          

International Accord on AI Safety U.S., UK, and 16 Countries Outline Guidelines

A nonbinding international agreement describing rules to safeguard the safety of artificial intelligence AI systems has been presented by the United S

A nonbinding international agreement describing rules to safeguard the safety of artificial intelligence AI systems has been presented by the United States, Britain, and sixteen other nations. The 20page document stresses building "secure by design" AI systems and offers recommendations for verifying software providers, data protection against manipulation, and monitoring misuse. Despite the agreements absence of enforcement mechanisms, Jen Easterly, head of the U.S. Cybersecurity and Infrastructure Security Agency, emphasised its importance as a statement that security should be given priority in AI creation. Australia, Israel, Singapore, Germany, Italy, and other nations have endorsed the recommendations. The framework doesnt go into detail on data collection procedures or ethical issues instead, it focuses on protecting AI technology against hacking risks. Read More..

B2B Tech News | 2 years ago          

Nvidia Faces Global Regulatory Scrutiny EU, China, and France Investigate

A regulatory filing states that Nvidia has been contacted by regulators in the European Union, China, and France over its graphics cards. Inquiring in

A regulatory filing states that Nvidia has been contacted by regulators in the European Union, China, and France over its graphics cards. Inquiring into competition in the graphics card and cloud service provider areas, the French Competition Authority is gathering data from Nvidia. Regulators in China and the EU have also asked the corporation for details about its supply allocation and GPU sales initiatives. About 80% of the market is occupied by Nvidia, the biggest AI and computer graphics chip manufacturer worldwide. With the release of ChatGPT, there has been a surge in demand for Nvidias processors globally, which has prompted regulatory inquiry. Read More..

B2B Tech News | 2 years ago          

Shift Needed IEA Pushes Oil Industry to Invest More in Clean Energy

The head of the International Energy Agency urged the oil and gas industry to prioritize clean energy over carbon capture tech as a climate solution.

The head of the International Energy Agency urged the oil and gas industry to prioritize clean energy over carbon capture tech as a climate solution. IEAs Fatih Birol stated ahead of a climate conference that the industry must embrace a transition to netzero emissions by 2050, emphasizing the need for significant clean energy investments. Birol highlighted that just 1% of global clean energy investment comes from oil and gas firms and stressed the necessity of redirecting capital towards clean energy projects. Achieving climate goals would require a major shift in investment, with the industry needing to allocate 50% of capital spending to clean energy by 2030, much higher than the current 2.5%. Read More..

B2B Tech News | 2 years ago          

IndiGo Mulls Premium Class on International Routes Amid Service Revamp

IndiGo is exploring options to possibly introduce premium class seats on international routes but hasnt confirmed. Earlier, the budget carrier revampe

IndiGo is exploring options to possibly introduce premium class seats on international routes but hasnt confirmed. Earlier, the budget carrier revamped onboard services, reducing waste by eliminating packaged drinks and making snacks mandatory for beverage purchases. The CEO highlighted Indias competitive aviation market. IndiGo, Asias largest carrier, placed a massive Airbus order for 500 A320 aircraft, supplementing its existing fleet of 300+ planes and previous orders of 480 yet to be delivered. This new order expands their pending deliveries to nearly 1,000 aircraft into the next decade, including A320neo, A321neo, and A321XLR models. Read More..

B2B Tech News | 2 years ago          

Arab Countries Join Boycott of Western Brands Over Alleged Israel Ties

Western fastfood chains in Cairo and other Arab countries are experiencing a boycott due to alleged ties to Israel or perceived proIsraeli stances. Th

Western fastfood chains in Cairo and other Arab countries are experiencing a boycott due to alleged ties to Israel or perceived proIsraeli stances. This boycott, sparked by Israels military actions in Gaza, is spreading across some Arab nations but has limited impact in others like Saudi Arabia and the UAE. Social media campaigns urging boycotts list multiple companies, leading consumers to switch to local alternatives. In Egypt, where protests are restricted, some view the boycott as a way to voice dissent peacefully. Participants, like Cairo resident Reham Hamed, feel its a small gesture to distance themselves from perceived support of the conflict. Read More..

B2B Tech News | 2 years ago          



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Refresh Your Facts

1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
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2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
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3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
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4.  Since the launch of the popular mobile game, Candy Crush, in 2012, players have spent a total of 73 billion hours (equivalent to 8.3 million years) playing this game.
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5.  Approximately 8 billion gadgets connect on the internet every day.
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