Search results for IT controls
Finance
FSS calls financial sector CISOs, warns of tough measures over passive self-corrections
South Korea\'s Financial Supervisory Service called in chief information security officers from financial companies and urged stronger responses to cyberattacks using artificial intelligence. It said it will conduct on-site inspections of high-risk firms with weak basic IT controls and intensify monitoring, including management interviews. The watchdog plans checks in five areas through November and said it may reduce sanctions for minor incidents if firms make thorough self-corrections, but will take tough action if passive efforts lead to major IT and cyber incidents.
Crypto
21Shares says claims Ripple directly controls XRP and XRP Ledger are not true
21Shares said claims that Ripple directly controls XRP and the XRP Ledger are not true, citing the network’s validator structure. It said the default trusted validator list includes about 35 validators, with only 1 operated by Ripple, and more than 150 validators participate overall. Protocol changes require support from at least 80 percent of validators. 21Shares added that Ripple remains a key firm in the XRP ecosystem and holds billions of XRP in escrow.
Mobility
Tesla\'s Cybercab takes first step into commercial service: what it can and cannot do
Tesla has started paid robotaxi service for its two-seat electric Cybercab in Austin, Texas, with the vehicle currently available only there and built without a steering wheel or pedals. The rollout remains limited and Tesla has not disclosed how many Cybercabs are operating for the public. The article details rider eligibility rules, luggage capacity and door and seat functions, along with in-cabin sensors and autonomous driving hardware, plus key specifications filed with the U.S. EPA.
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AI & Enterprise
FasooAI builds blockchain-based data tampering prevention system for Donghaeng Lottery
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Crypto
SpaceX bitcoin wallet moves after 6 months with $88 transfer
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Finance
FSS to step up checks on basic IT controls at financial firms in second half
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Finance
FSS to shift digital, IT oversight to prevention, step up checks on AI and crypto
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Telecommunications & Media
ETRI to unveil core 6G source technologies at MWC26
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Industry
Giatec localises VCM actuator for battery coating