Asia Retailers Must Balance GenAI Benefits With Data Privacy Concerns – Technologist

Generative AI (GenAI) is rapidly transforming the retail landscape in Asia/Pacific, offering chief operating officers (COOs) new opportunities to enhance operational efficiency and customer engagement. By 2027, 50% of retailers in the region are expected to adopt GenAI for product content creation, enabling dynamic personalisation, reducing content management costs by 30%, and improving conversion rates. … Read more

Industry group calls for responsible, ethical use of biometrics – Technologist

At its annual conference in Washington DC on March 26, the Biometric Institute, a multi-stakeholder community whose mission is to promote the responsible and ethical use of biometrics and biometric analytics, has released the Ethical Principles for Biometrics. An idea first hatched at the Institute’s annual joint group meeting last October, the document compiles the … Read more

IoT security startup Armis secures $65 M funding – Technologist

California-based IoT enterprise security company Armis has raised another $65 million in Series C funding, bringing the company’s total funding to $112 million. The company, which provides security solutions for managed and unmanaged Internet of Things (IoT) devices, said it will use the funds to speed up investments in sales, marketing, and engineering as it … Read more

China Unicom’s quantum encryption project gets WSIS Prize for information security – Technologist

China Unicom and Hengtong Optoelectronics have developed data encryption and leakage prevention and tamper-resistant network system based on quantum encryption trunks. On April 9, the World Summit on the Information Society (WSIS) recognized the technology for its potential to protect the information security of citizens. The project was among the 18 development projects honored at … Read more

Israeli startup raises $32M to secure all types of IoT devices – Technologist

Securing embedded devices and the internet of things (IoT) is becoming a big business. This week, an Israeli startup has raised $32 million in Series B funding to increase market adoption of its IoT security platform and strengthen its technical capabilities. Based in Tel Aviv, VDOO Connected Trust Ltd. was founded in 2017 by cybersecurity … Read more