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Investegate |Darktrace PLC Announcements | Darktrace PLC: Final Results

Investegate |Darktrace PLC Announcements | Darktrace PLC: Final Results
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EU Unveils Proposed Strict AI Regulation

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The European Union has officially proposed a strict new regulation on artificial intelligence that would ban the use of real time biometrics for surveillance, citing privacy concerns. The regulation would prohibit the use of facial recognition and other biometrics in public places.
Under the proposed regulation, violations would result in fines of up to $36 million or, if the offender is a company, up to $36 million or up to 6% of the company s total worldwide annual revenue, whichever is higher.
The European Commission unveiled the proposal Wednesday. The draft must now be reviewed by the European Parliament and the European Council. It could be subject to complaints, investigations and referral to the European Court of Justice, and amendments eventually could be added. ....

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Report: South Korea Claims North Korea Tried Hacking Pfizer

Pfizer did not immediately respond to Information Security Media Group s request for comment.
In addition to the report of Pfizer being targeted, South Korea s National Intelligence Service claims to have foiled attempts by North Korea to hack into South Korean firms developing coronavirus vaccines, Reuters reports.
Seeking a Profit?
North Korea has been accused of turning to an army of hackers to fill its cash-strapped coffers amid international sanctions that ban most international trade with it, Reuters reports. So, some health experts speculate that he country s hackers appear more interested in selling the stolen data than using it to develop a homegrown vaccine. ....

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NCSC Warns of China's Efforts to Collect US DNA Data

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The National Counterintelligence and Security Center is calling attention to China s ongoing efforts to collect DNA data sets and other sensitive health data of Americans through hacking and other methods.
The collection of PII, personal health information and large genomic data sets gives China vast opportunities to precisely target individuals in foreign governments, private industries or other sectors for surveillance, manipulation or extortion, the NCSC warns.
The NCSC alert comes on the heels of a 60 Minutes CBS television segment Sunday featuring William Evanina, the former director of the NCSC, who estimated that 80% of American adults have had their personally identifiable information “stolen” by China. ....

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