Industry News
The OpenAI models that hacked the startup Hugging Face Inc. this month also gained access to a customer account on the cloud platform Modal and used it to launch attacks, underscoring the broad scope of the incident. The agent gained …
Via: Claims Journal
A former Goldman Sachs senior compliance officer has been awarded £1.45 million ($1.93 million) for sex discrimination and unfair dismissal after he was fired while on parental leave, a London court has ruled. Jonathan Reeves, a Goldman veteran who last …
Via: Claims Journal
The Federal Trade Commission, Utah and Los Angeles County sued Hims & Hers Health Inc. Wednesday for allegedly misleading consumers about its products and sharing their private health information with Meta Platforms Inc. and Snap Inc. Hims shares extended losses …
Via: Claims Journal
SpaceX’s X and the World Federation of Advertisers (WFA) said on Wednesday they had settled litigation over an alleged advertiser boycott of the social media platform linked to the now-defunct Global Alliance for Responsible Media (GARM). The move marks a …
Via: Claims Journal
Artificial intelligence has “radically shifted” the cyber risk landscape, and the average cost of a data breach has reached a record of nearly $5 million. According to IBM’s Cost of a Data Breach Report, cyberattackers are using AI and attacking …
Via: Claims Journal
Florida lawmakers knew they had a billion-dollar insurance problem. The state is a magnet for hurricanes, and the cost of damages from extreme weather has risen sharply over several decades. Scientists say this is a consequence of climate change, and …
Via: Claims Journal
A U.S. judge said on Tuesday that Novo Nordisk must face part of a lawsuit accusing it of defrauding shareholders about a clinical trial for its weight loss and diabetes treatment CagriSema. Novo Nordisk’s American depositary receipts fell 17.8% on …
Via: Claims Journal
Winter Storm Uri, the multiday freeze that slammed Texas in February 2021 and pummeled the state’s power grid, has been on Kenneth Kovar’s mind ever since. Though the resident of New Braunfels, northeast of San Antonio, didn’t lose power at …
Via: Claims Journal
For almost eight years now, South Carolina bars, restaurants and music venues have faced a sobering situation brought on by a 2018 state law that requires at least $1 million in liquor liability coverage: Pay unaffordable premiums or shut their …
Via: Claims Journal
Meta Platforms Inc.’s Facebook and Instagram have served thousands of ads for AI “nudify” apps in breach of the company’s policies, delivered by one of its few advertising partners in China, according to the nonprofit Tech Transparency Project. Beijing-based GatherOne …
Via: Claims Journal