Cybersecurity Institute News Roundup 16 Dec 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 delve into the calls for the FTC to break up the Microsoft-OpenAI partnership, how hackers are targeting supply chain for easy access and bigger paydays, Google’s new Willow chip accelerating the countdown to Q-Day, OpenAI’s unveiling of its new AI video generation tool – Sora, the new Google Wallet feature for digitizing U.S. biometric passports, and the emerging wallet war between big tech and big banks.
?
Often the focus of antitrust and monopolistic allegations itself, Google is now urging the FTC to breakup the exclusive Microsoft – OpenAI partnership citing concern over innovation and customer choice:
?
Credit rating agency Moody’s is warning of an intensified focus on supply chain attacks by bad actors seeking to find an easy way in through a less secure vendor and to maximize potential payouts.
?
Google has unveiled Willow, its new quantum computing chip, that takes 5 minutes to complete tasks that would take 10 septillion (10,000,000,000,000,000,000,000,000) years for today’s fastest conventional computers to complete, bringing us one step closer to Q-Day:
?
领英推荐
Leveraging generative AI, OpenAI’s new video generation tool Sora returns a high-definition video clip based on a user’s query. Sora can also generate video clips based on still images, extend existing videos, and fill in missing frames:
?
Google Wallet has launched a feature for digitizing U.S. biometric passports, enabling domestic travel through TSA checkpoints at select locations. Users can enroll their passports using NFC and biometric verification, presenting them via QR code or NFC. While this feature excludes international travel, Google Wallet also supports mobile driver’s licenses (mDLs) in several states, positioning itself as a key player in U.S. digital ID adoption:
?
While payments remain the primary use case of digital wallets, the larger identity wallet value proposition is pitting big banks against big tech for primary ownership of the customer relationship:
?
With the holiday period underway and Christmas around the corner, this is the final update for 2024. A massive thanks to readers, sharers, and contributors. We’ll see you all again on 6 January.