A team of engineers saved Morgan Stanley more than 280,000 hours this year. The bank says its tool won’t take jobs.

Members of the DevGen.AI team included Thomas Mathew, Saket Garud, Vamsi Nallamouthu, Vivek Agrawal, Kumar Vadaparty and Kallol DuttaguptaMorgan Stanley. During a Morgan Stanley hackathon at the end of 2023, two teams were trying to solve a problem that has plagued developers for years: how to rewrite legacy code into modern programming languages.

DeepSeek Breach Opens Floodgates to Dark Web

The incident should serve as a critical wake-up call. The stakes are simply too high to treat AI security as an afterthought — especially when the Dark Web stands ready to capitalize on every vulnerability. The recent DeepSeek security breach has once again highlighted the significant vulnerabilities in artificial intelligence (AI) systems and raises alarming questions about where the exposed data may have ended up. Source: Brain light via Alamy Stock Photo

Ransomware gang creates tool to automate VPN brute-force attacks

The Black Basta ransomware operation created an automated brute-forcing framework dubbed ‘BRUTED’ to breach edge networking devices like firewalls and VPNs. The framework has enabled BlackBasta to streamline initial network access and scale ransomware attacks on vulnerable internet-exposed endpoints. The discovery of BRUTED comes from EclecticIQ researcher Arda üyükkaya following an in-depth examination of the ransomware gang’s leaked internal chat logs.