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    AI CYBERATTACKS

    EU vows AI rules will protect Europeans. Will they?

    The EU says its AI Act is strong enough to address risks from advanced AI systems, including loss-of-control incidents, but lawmakers and experts warn of gaps around liability, enforcement capacity and access to cutting-edge models. Concerns are also growing over whether Brussels has enough technical resources and political appetite to aggressively police mostly US-based AI companies.

    South Korea's Lee says AI appears to have been used in bank hacks

    South Korean President Lee Jae Myung said on Tuesday that AI models are believed to have been used in some recent hacking incidents against banks and called for the country to develop cybersecurity methods suited to the AI era.

    Proofpoint doubles down on India amid rising cybercrimes, calls AI agents the new insider risk

    Proofpoint is stepping up its India focus as AI adoption accelerates and cyber threats become more sophisticated. In an interview with ET, Bikramdeep Singh discusses the growing risks from autonomous AI agents, the shift towards intent-based threat detection, rising data security concerns and the need for greater enterprise controls. He also outlines Proofpoint’s India expansion, including plans to hire more than 200 engineers.

    India needs its own AI safety framework, not a copy of US pact: Industry experts

    India should build its own artificial intelligence (AI) safety framework suited to its languages, scale, and application-led AI ecosystem rather than replicate a voluntary pact signed by US President Donald Trump and top technology firms last week, industry experts said.

    South Korean president orders probe into data leaks across financial industry

    Financial Services Commission (FSC) Chairman Lee Eog-weon convened an emergency meeting with financial industry associations, regulators and executives from affected institutions on Sunday, warning that the sector must respond with the highest level of vigilance, the FSC said in a statement.

    India needs its own AI safety framework, not a copy of US pact: Industry experts

    Industry experts say India should develop an AI safety framework tailored to its own languages, scale and application-driven ecosystem rather than simply copy the voluntary US pact signed by major tech firms. While there is broad support for independent audits, accountability and safeguards against deepfakes and cyberattacks, experts differ on whether India should rely mainly on self-regulation or combine voluntary standards with binding rules.

    The Economic Times
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