Business

Huawei accuses US of cyberattacks, coercing employees

Chinese telecom equipment maker Huawei accused U.S. authorities on Wednesday of attempting to break into its information systems and of trying to coerce its employees to gather information on the company.

Business

EU questions TikTok over new Lite app in France, Spain

The EU gave TikTok 24 hours to provide a risk assessment on its new Lite app launched in France and Spain over concerns of its potential impact on children and users' mental health, the European Commission said on Wednesday.

Machine learning & AI

White House sets policies for federal AI use

"Concrete safeguards" for government use of artificial intelligence were announced by the White House Thursday, as it vowed they would serve as a model for "global action."

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Risk

Risk is a concept that denotes the precise probability of specific eventualities. Technically, the notion of risk is independent from the notion of value and, as such, eventualities may have both beneficial and adverse consequences. However, in general usage the convention is to focus only on potential negative impact to some characteristic of value that may arise from a future event.

RISK can be defined as “the threat or probability that an action or event will adversely or beneficially affect an organisation's ability to achieve its objectives”[1]. In simple terms risk is ‘Uncertainty of Outcome’, either from pursuing a future positive opportunity, or an existing negative threat in trying to achieve a current objective.

This text uses material from Wikipedia, licensed under CC BY-SA