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Cyber security push: Indian firms eye specialised hiring as identity-driven threats rise; Rubrik report flags surge in AI-linked risks

Nearly 90% of Indian organisations are preparing to hire specialised professionals over the next year to strengthen digital identity management, infrastructure and cyber security frameworks, according to a Rubrik Zero Labs report released on Sunday.The study says the rapid adoption of artificial intelligence is driving a surge in AI agents, leading to a sharp rise…

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$32 billion wiped out! Softbank market cap plunges; drop in Asian AI-linked companies drives fall

The Japanese conglomerate, with its extensive AI investment portfolio spanning various sectors, saw a substantial $32 billion reduction in market capitalisation. (AI image) SoftBank Group’s shares saw a dramatic 14% decline on Wednesday, accompanied by broader falls across Asian AI-related companies, reflecting similar drops in their US counterparts. Investors displayed increasing caution towards the high…

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