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Bank Rakyat Hit With RM1 Million Fine Over Cybersecurity and Data Protection Failures

Cybersecurity failures in the banking sector are never a small matter, and this latest action by Bank Negara Malaysia sends a very clear message. Bank Kerjasama Rakyat Malaysia Bhd, better known as Bank Rakyat, has been fined RM1 million after the central bank found weaknesses in its cybersecurity controls and incident response that contributed to a breach involving customer data.

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The Hidden Cyber Risks of AI Notetakers in Meetings

If you've joined an online meeting recently, you might have noticed a mysterious extra "attendee" — often named something like "AI Notetaker" or "Meeting Assistant." These tools promise convenience by automatically transcribing conversations, summarizing discussions, and identifying action items.

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