September 18, 2024
Tech News
Thailand’s Krungsri Bank is adopting AI to enhance services, focusing on IT code generation, fraud detection, and streamlining loans. The bank is also working with AWS to improve customer experience and efficiency. Their AI initiatives aim to support underbanked populations and optimize internal operations.
In California, Governor Gavin Newsom has signed laws regulating AI use, particularly targeting deepfakes and actor clones. These laws aim to prevent misuse in elections and sensitive areas. The new regulations are among the strictest in the U.S.
Discord has added end-to-end encryption for voice and video chats, ensuring that even the company cannot access user conversations. This update enhances privacy and aligns Discord with other platforms prioritizing secure communication.
Forescout Technologies warns of increasing cyber threats to operational technology (OT) devices as they integrate into networks. They urge stronger security measures to prevent unauthorized access and cyberattacks on critical systems.
Tech Explained
AI (Artificial Intelligence) – AI refers to the simulation of human intelligence processes by machines, particularly computer systems. In the context of banking services, AI is utilized for IT code generation, fraud detection, and improving operational efficiency.
Deepfakes – Deepfakes are synthetic media in which a person in an existing image or video is replaced with someone else’s likeness. California’s new laws target deepfakes to prevent their misuse in influencing elections and other critical areas.
End-to-End Encryption – End-to-end encryption ensures that only the communicating users can read the messages. Discord’s encrypted voice and video chat features provide enhanced user privacy by implementing this encryption method.
OT (Operational Technology) – Operational Technology refers to the hardware and software used to monitor and control physical devices, processes, and events. As OT devices become more integrated into networks, they are increasingly vulnerable to cyber threats.
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