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PHOTO: FLORENCE LO/REUTERS
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OpenAI said it had disrupted several attempts to leverage its AI models for cyber threats and covert influence operations that likely originated from China. While misuse occurred in several countries, OpenAI said it believes a “significant number” of violations came from China, noting that four of 10 sample cases included in its latest report likely had a Chinese origin. (WSJ)
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German telecom company Vodafone drew a fine of $51 million from the country's data watchdog for privacy and cyber missteps. Vodafone business partners scammed customers into signing fake contracts, the watchdog said. It assessed another $30 million fine for not properly securing its app and customer-service processes, which allowed hackers to steal customer eSIM data. (Bleeping Computer)
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👉 Weekend reading: Remember the NotPetya ransomware attack of 2017? The global spread of that particularly damaging malware marked a turning point in how businesses perceived the hacker threat, from both the victim's and cyber insurer's points of view. Worldwide shipper Maersk was harder hit than many companies. Former Global Group Chief Technology and Information Officer Adam Banks recalls some of the more painful moments and resonant lessons in InfoSecurity Magazine.
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5,000
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Number of internet hosting accounts breached by a hacker who used them to mine for crypto since 2018, according to Ukrainian police who arrested the suspect. He faces up to 15 years in prison. (Bleeping Computer)
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Rubrik on Thursday reported first-quarter revenue of $278.5 million, up 49% from $187.3 million for the same period a year ago. The company narrowed its net loss for the quarter to $102.1 million from $732.1 million a year ago. For the full year, Rubrik forecast revenue of $1.18 billion to $1.19 billion.
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Forensic investigation company Cellebrite said it plans to buy virtualization tech provider Corellium. Both companies focus on figuring out what is on mobile and internet-connected devices, including identifying vulnerabilities. The deal is valued at $200 million.
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Our weekly roundup of stories from across WSJ Pro that we think you'll find useful
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Morgan Stanley has built its own AI tool to help modernize its legacy code—something it says existing tools on the market still struggle with.
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After last year’s relative calm, U.S. companies are now dealing with rising logistics costs, supply-chain upheaval and uncertain consumer demand.
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Private equity is feeling the heat as buyout fund backers look for cash returns while firms hold tens of thousands of unsold companies.
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