Cybersecurity Institute News Roundup 12 August 2024

Cybersecurity Institute News Roundup 12 August 2024

Welcome to this week’s Cybersecurity Institute News Roundup, a weekly overview of the some of the most interesting news and articles that have caught our attention recently from across the cybersecurity industry. In this week’s roundup we ask if self-sovereign identity could be the key to unlocking CBDCs, examine new AI risk management guidance from NIST, ?look over 6 hot cybersecurity trends — and 2 going cold, investigate how hackers can wirelessly watch your display via HDMI radiation, and over how OpenAI is providing governments with early access to its next AI model.

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Governments around the globe are evaluating the use of Central Bank Digital Currencies (CBDCs). Blockchain-based CDBCs provide governments with sufficient transaction visibility to help thwart money launderers and other financial criminals but may also be used for citizen surveillance infringing on personal privacy and hindering adoption. Could decentralized self-sovereign identity (SSI) be the key to realizing the promise of CBDCs?

https://www.forbes.com/sites/alastairjohnson/2024/08/07/self-sovereign-decentralized-identity-is-key-to-retail-cbdc-adoption/

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Not a moment too soon, NIST has issued three final and one draft guidance documents for AI development and implementation, outlining potential AI security, economic, health, and safety risks to users and the world at large, and provide prospective measures that may help ward off such concerns:

https://natlawreview.com/article/nist-issues-ai-risk-management-guidance

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As well as diving into specific stories, it can be useful to take a step back and look at overall trends that are shaping (or falling out of favour) across the cybersecurity landscape, including AI, cybersecurity sprawl and the talent gap, and acquisitions (with the notable exception of our recent Onfido buy):

https://www.csoonline.com/article/564860/hot-cybersecurity-trends.html

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When it comes to novel ways of gathering data covertly, we have this newly discovered technique which combines wireless EM monitoring and AI algorithms to "read" text on a victim's screen via HDMI radiation, and it's already being used in the wild:

https://www.pcworld.com/article/2413156/hackers-can-wirelessly-watch-your-screen-via-hdmi-radiation.html

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And finally, after repeated criticism that OpenAI has been prioritizing AI profits over safety, the company has agreed to provide the US AI Safety Institute with early access to its next foundational AI model, similar to the agreement it recently reached with the UK government.

https://www.bankinfosecurity.com/us-ai-safety-body-to-get-early-access-to-openais-next-model-a-25932


Be sure to share your thoughts on these stories in the comments and let us know what articles have caught your eye recently?

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