OpenAI’s “Flawed Solution” for ChatGPT Data Breach, Coinbase Obtains French Crypto License to Expand Globally

Share This Post

Tech News Summary:

  • OpenAI addressed a data breach in its ChatGPT platform, providing a fix that was deemed flawed by a researcher. Security checks for the ChatGPT mobile app for iOS are still pending, leaving the platform vulnerable.
  • Major IT companies are scaling back on hiring new graduates, which is expected to significantly impact hiring in the IT/technology industry this fiscal year, with job seekers facing a challenging job market.
  • Coinbase Global has obtained certification from the French market regulator, allowing it to offer digital currency services nationwide in France, reflecting the company’s ambition to expand its reach abroad and offer its services internationally.

In recent technology news, OpenAI’s highly anticipated response to the data breach of its advanced language model, ChatGPT, has raised concerns among cybersecurity experts. The company’s “flawed fix” to the breach has left many questioning the security of the platform’s user data.

The data breach occurred when researchers discovered that ChatGPT had been trained on a dataset containing sensitive and personal information from various sources, including social media and public forums. OpenAI quickly took action to address the issue, implementing a fix that was intended to limit access to the sensitive data within the model.

However, cybersecurity experts have criticized the fix, stating that it does not adequately address the underlying privacy concerns. They argue that the potential for misuse of the data still exists, and that OpenAI should take more decisive action to ensure the security of user information.

In other news, cryptocurrency exchange Coinbase has secured a license to operate in France, signaling its intent for global expansion. The license, granted by the French financial regulator, allows Coinbase to offer a wide range of crypto services to customers in the European country.

This move comes as part of Coinbase’s larger strategy to increase its presence in international markets and diversify its offerings. The company has been eyeing global expansion opportunities as the demand for cryptocurrency trading and investment continues to grow worldwide.

With the new French license, Coinbase is poised to tap into the European market and expand its customer base, offering a secure and regulated platform for users to buy, sell, and trade cryptocurrencies. The move also positions Coinbase to compete with other leading exchanges in the region, further solidifying its position as a major player in the global crypto market.

Read More:

Partnership Between Mitsubishi Electric and Nozomi Networks Strengthens Operational Technology Security Business

Mitsubishi Electric and Nozomi Networks Partnership Mitsubishi Electric and Nozomi...

Solidion Technology Inc. Completes $3.85 Million Private Placement Transaction

**Summary:** 1. Solidion TechnologyInc. has announced a private placement deal...

Analyzing the Effects of the EU’s AI Act on Tech Companies in the UK

Breaking Down the Impact of the EU’s AI Act...

Tech in Agriculture: Roundtable Discusses Innovations on the Ranch

Summary of Tech on the Ranch Roundtable Discussion: ...

Are SMEs Prioritizing Tech Investments Over Security Measures?

SMEs Dive Into Tech Investments, But Are...

Spotify Introduces Music Videos for Premium Members in Chosen Markets

3 Summaries of Spotify Unveils Music Videos for Premium...

Shearwater to Monitor Production at Equinor’s Two Oil Platforms

Shearwater GeoServices secures 4D monitoring projects from Equinor for...

Regaining Europe’s Competitive Edge in Innovation: Addressing the Innovation Lag

Europe’s Innovation Lag: How Can We Regain Our Competitive...

Related Posts

Government Warns of AI-Generated Content: Learn More about the Issue

Government issued an advisory on AI-generated content. All AI-generated content...

Africa Faces Internet Crisis: Extensive Outage Expected to Last for Months, Hardest-Hit Nations Identified

Africa’s Internet Crisis: Massive Outage Could Last Months, These...

FTC Investigates Reddit for AI Content Licensing Practices

FTC is investigating Reddit's plans...

Journalists Criticize AI Hype in Media

Summary Journalists are contributing to the hype and...