Cybersecurity concerns were front and center at the World Economic Forum in Davos, Switzerland. Vik Phatak, CEO of NSS Labs joins Cheddar to discuss how world leaders are joining forces to combat security issues that plague everyone.
Experts say the cost of cybercrime to the global economy could reach $500 billion annually. Phatak says the biggest message out of Davos was that "enough is enough." World leaders want to crack down on security issues happening on social media and beyond. He says many were saying it's time for people to take accountability and be transparent with cybersecurity moving forward.
Plus, how can we prevent a digital dark age? Phatak says it's important for the leaders who are running cybersecurity solutions at large corporations to learn how to speak business. These employees need to know what risks to alert the board on and in language that means something to them. If the two teams can't understand each other then it will be hard to combat these security issues moving forward.
WASHINGTON (AP) — Tax preparation and financial software company Intuit announced an AI-focused reorganization plan Wednesday that includes laying off abou
Amazon.com Inc. surpassed $2 trillion in market value for the first time in afternoon trading on Wednesday. The push higher for Amazon’s stock market valuation comes a little more than a week after Nvidia hit $3 trillion and briefly became the most valuable company on Wall Street. Nvidia’s chips are used to power many AI application and its valuation has soared as a result. Amazon has also been making big investments in AI as global interest has grown in the technology. Most of the company’s focus has been on business-focused products.
AI is transforming industries and raising ethical questions. UCLA Professor Hal Hershfield discusses "Your Future Self" and AI's impact on psychology and media.
