Tag: banking
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Cloud Blog: Adapting model risk management for financial institutions in the generative AI era
Source URL: https://cloud.google.com/blog/topics/financial-services/adapting-model-risk-management-in-the-gen-ai-era/ Source: Cloud Blog Title: Adapting model risk management for financial institutions in the generative AI era Feedly Summary: Generative AI (gen AI) promises to usher in an era of transformation for quality, accessibility, efficiency, and compliance in the financial services industry. As with any new technology, it also introduces new complexities and…
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The Cloudflare Blog: 4.2 Tbps of bad packets and a whole lot more: Cloudflare’s Q3 DDoS report
Source URL: https://blog.cloudflare.com/ddos-threat-report-for-2024-q3 Source: The Cloudflare Blog Title: 4.2 Tbps of bad packets and a whole lot more: Cloudflare’s Q3 DDoS report Feedly Summary: The number of DDoS attacks spiked in the third quarter of 2024. Cloudflare mitigated nearly 6 million DDoS attacks, representing a 49% increase QoQ and 55% increase YoY. AI Summary and…
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Slashdot: Chinese Scientists Report Using Quantum Computer To Hack Military-grade Encryption
Source URL: https://it.slashdot.org/story/24/10/14/1743258/chinese-scientists-report-using-quantum-computer-to-hack-military-grade-encryption?utm_source=rss1.0mainlinkanon&utm_medium=feed Source: Slashdot Title: Chinese Scientists Report Using Quantum Computer To Hack Military-grade Encryption Feedly Summary: AI Summary and Description: Yes Summary: Chinese researchers have reportedly developed the first effective quantum computer attack against widely utilized encryption methods, posing significant risks to critical sectors such as banking and military. This breakthrough challenges the…