Infosec Industry News

A collection of Infosec latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.

abcnews.com - Lucien Bruggeman - Inside the race to quell prediction markets' insider trading woes
Inside the race to quell prediction markets' insider trading woes
ABC News

Tucked deep inside the Manhattan offices of the prediction market firm Kalshi lies a dimly lit annex, where about a dozen young men in athleisure wear quietly tap away at keyboards. The open concept and casually attired employees bear a resemblance…

cnbc.com - Leonie Kidd - CNBC Daily Open: Hostilities heat up, market rally cools
CNBC Daily Open: Hostilities heat up, market rally cools
CNBC

Stocks reverse gains amid an escalation in hostilities between the U.S. and Iran. Oil prices spike in early trade after Iran targets a U.S. airbase and American forces launch fresh strikes on Iran. Kuwait activates air defenses in response to…

federalnewsnetwork.com - Jason Miller - 'Detect, understand, respond' driving OMB, CISA's latest cyber efforts
'Detect, understand, respond' driving OMB, CISA's latest cyber efforts
Federal News Network

Agencies will soon have new requirements for logging cybersecurity data to better secure their systems and applications against ever-increasing threats. The Office of Management and Budget's new memo outlining these changes is one of several ways…

businessinsider.com - Aditi Bharade - A Google engineer made $1.2 million via insider trading on Polymarket under the name 'AlphaRaccoon': DOJ
A Google engineer made $1.2 million via insider trading on Polymarket under the name 'AlphaRaccoon': DOJ
Business Insider

The DOJ said a Google engineer used confidential company information to mint over $1 million in profit on Polymarket. A New York district attorney, Jay Clayton, said in a Wednesday news release that Google software engineer Michele Spagnuolo used…

businessinsider.com - Stephen Council - Anthropic leapfrogs OpenAI as the most valuable AI startup - and drops a new model
Anthropic leapfrogs OpenAI as the most valuable AI startup - and drops a new model
Business Insider

Anthropic has arrived with the newest entrant in the AI race — and a new stack of cash. On Thursday, the AI lab announced a new $65 billion fundraise, valuing it at a staggering $965 billion and making it the most valuable AI startup…

boingboing.net - Rob Beschizza - Google employee charged with fraud after winning $1.2m on Polymarket
Google employee charged with fraud after winning $1.2m on Polymarket
Boing Boing

A Google employee was charged with fraud wednesday after allegedly winning $1.2m betting on Google trends at gambling site Polymarket. Michele Spagnulo, 36, used insider info and a pseudonym, prosecutors say, to run the table. Arrested in New York…

businessinsider.com - Eugene Kim - Amazon plans to make SpaceX's Grok models available on its flagship AI service
Amazon plans to make SpaceX's Grok models available on its flagship AI service
Business Insider

Amazon Web Services is in talks to soon add SpaceX's latest Grok models to its flagship AI platform Bedrock, according to people familiar with the matter. The move would deepen AWS's push to make Bedrock the central hub for top AI models. Elon…

bbc.co.uk - Kali Hays - Google worker charged for using internal data to make $1.2m on Polymarket
Google worker charged for using internal data to make $1.2m on Polymarket
BBC

A Google employee has been arrested for allegedly using his access to company information to successfully place lucrative bets on the prediction platform Polymarket. The US Attorney for the Southern District of New York said it had charged Michele…

forbes.com - Bhavya Bhandari - Leaders Must Rethink Cyber Risk Oversight For The AI Era
Leaders Must Rethink Cyber Risk Oversight For The AI Era
Forbes

Bhavya Bhandari is Senior Manager, Technology Consulting, at Ernst & Young LLP. We are living in an era when artificial intelligence is changing faster than how we detect cyber risks. Threats that once took weeks or months to identify and evaluate…

seekingalpha.com - Wall Street Breakfast - Wall Street Breakfast Podcast: Snowflake Turns Up The Heat
Wall Street Breakfast Podcast: Snowflake Turns Up The Heat
Seeking Alpha

Listen below or on the go via Apple Podcasts and Spotify Snowflake (SNOW) skyrockets after Q1 report features Natoma acquisition and AWS deal. (00:14) Google (GOOG) (GOOGL) employee faces fraud charges over $1.2M Polymarket bet. (1:31) Ohio to…

cnbc.com - Davis Giangiulio - Google employee charged with $1M Polymarket insider trading bet on search term
Google employee charged with $1M Polymarket insider trading bet on search term
CNBC

Federal prosecutors charged a Google employee with fraud on Wednesday, alleging that he made $1.2 million from bets on Polymarket that used insider information. The employee, Michele Spagnuolo, has been charged with money laundering, commodities…

businessinsider.com - Stephen Council - OpenAI has vast ad ambitions. Here's where you're most likely to see ads in ChatGPT, now.
OpenAI has vast ad ambitions. Here's where you're most likely to see ads in ChatGPT, now.
Business Insider

Bit by bit, advertisements are creeping onto ChatGPT. OpenAI's ads push has been met with intense scrutiny. It's a potentially huge revenue driver, and it also raises questions about privacy, personalization, and bias in its chatbot. Business…

forbes.com - Aytekin Tank - The Smart Leaders' Guide To Stopping AI Bias In Its Tracks
The Smart Leaders' Guide To Stopping AI Bias In Its Tracks
Forbes

Photo by Helena Lopes on Unsplash If you follow industry news, you may be aware of the lawsuit being brought against the HR platform Workday, which claims that AI has been unfairly screening out candidates based on factors like age, race and…

9to5google.com - Ben Schoon - Google employee arrested over insider information used on Polymarket, profited over $1 million
Google employee arrested over insider information used on Polymarket, profited over $1 million
9to5Google

Prediction market betting has become a huge trend over the past couple of years, with bets on real-life events able to generate huge profits for those who can correctly guess the outcome. The use of insider information, though, is a fairly common…

businessinsider.com - Dominick Reuter - Walmart's warehouse club assembled a growing army of fans to help in its race against Costco
Walmart's warehouse club assembled a growing army of fans to help in its race against Costco
Business Insider

Focus groups are a mainstay of retail, but Walmart's warehouse club is taking it to another level in its battle against Costco. Sam's Club is assembling a large and growing community of shoppers to help it develop new products as it races to expand…

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