I am delighted. Now on Bloomberg Tech to be joined by chairman of the Federal Trade Commission. Andrew Ferguson joins us.Hot on the heels of what is another very active week for the FTC. But I'm really interested in this letter that you sent to among the biggest companies in the United States. Technology companies matter, Apple, others asking them to resist pressure from other governments, particularly Europe, the U.K., when it comes to weakening security protections for American consumers.Can you just enli ...

Core Insights - Ethical Web AI has announced a significant distribution deal with Ingram Micro for its AI product, AI Vault, which addresses data protection compliance issues faced by generative AI applications [3][4] - The release of AI Vault version 1.5 Beta enhances its functionality and accessibility, allowing subscriptions to be purchased directly from the company's website, thus expanding its target market [7][8] Company Overview - Ethical Web AI is focused on developing innovative software solutions that comply with data protection regulations, particularly the EU GDPR, which has been a barrier for many enterprises using generative AI products [8] - The company aims to achieve cash flow positivity within nine months, leveraging its partnership with Ingram Micro and Amazon Web Services (AWS) [6] Product Details - AI Vault is a patent-protected solution designed to be compatible with data protection regulations, making it a safer alternative to existing generative AI products like Chat GPT [8] - The new version, AI Vault 1.5 Beta, includes improved functionality such as document uploading and a user-friendly interface, along with educational resources to assist clients [7][8] Market Strategy - Ingram Micro will initially manage the relationship with AWS and later market AI Vault directly to its existing client base, enhancing sales opportunities [5][6] - The partnership with Ingram Micro is expected to significantly increase Ethical Web AI's total addressable market, particularly among small to medium-sized businesses [7][8]

Core Viewpoint - The article emphasizes the urgent need for a new framework to understand data protection in the era of generative AI, highlighting the inadequacy of traditional data protection methods in addressing the unique challenges posed by AI technologies [2][3]. Group 1: Data Protection in Generative AI Era - In the generative AI era, data protection extends beyond traditional static data to include various types of data throughout the AI model lifecycle, such as training datasets, AI models, deployment data, user inputs, and AI-generated content [5][10]. - The paper titled "Rethinking Data Protection in the (Generative) Artificial Intelligence Era" aims to provide a novel and systematic perspective on data protection issues in the AI age [3]. Group 2: Types of Data to Protect - Training datasets are crucial as they often contain privacy or copyright data collected from multiple sources, making them a significant asset during model development [7]. - AI models, including their architecture and weights, become important data assets post-training, compressing vast amounts of data and holding substantial application value [7]. - Deployment data, such as system prompts and external databases, are essential for enhancing AI model performance in real-world applications [10]. - User inputs during model inference must be protected due to privacy, security, and ethical concerns, as they may contain sensitive personal information or proprietary business data [10]. - AI-generated content (AIGC) has reached high quality and poses new challenges regarding copyright and data protection, especially when used for training new models [10][17]. Group 3: Proposed Data Protection Framework - The article introduces a new hierarchical data protection framework with four levels: Data Non-usability, Data Privacy-preservation, Data Traceability, and Data Deletability, aiming to balance data utility and control [9][16]. - Level 1, Data Non-usability, prevents data from being used in AI training or inference, providing the highest level of protection [9]. - Level 2, Data Privacy-preservation, focuses on protecting personal privacy within data while maintaining some data usability [16]. - Level 3, Data Traceability, allows for tracking data sources and usage, enabling audits to prevent misuse [16]. - Level 4, Data Deletability, provides the ability to completely delete data or its effects, aligning with regulations like GDPR [16]. Group 4: Global Regulatory Landscape - The article reviews current global data protection laws and regulations, using the proposed hierarchical model to assess existing governance solutions and their strengths and weaknesses [14]. - It highlights the challenges posed by cross-border data flows and differing national standards, which create compliance difficulties for global developers [17]. Group 5: Ethical Considerations - Data protection in the AI era is closely linked to ethical considerations, such as individual autonomy over data, fairness, and the prevention of malicious data use [17]. - The balance between technological innovation and ethical values is a critical consideration for all AI practitioners [17].

Digital Privacy & Consent - Traditional consent methods (simple yes/no in lengthy terms and conditions) are failing in the hyper-connected age [4] - Algorithms constantly learn, predict behavior, and influence choices, often beyond explicit consent [5] - Individuals often lack the knowledge to understand how their data is being utilized by tech giants, creating a power imbalance [6] - Meaningful consent should be clear, concise, and accessible to all [7] - Users should have granular control over data sharing preferences [8] Data Literacy & Awareness - In India, approximately 70% of people have formal access to social media, but only around 17% have data literacy awareness [9] - Individuals need to understand their privacy rights [12] Regulatory Landscape & Business Responsibility - India's Digital Personal Data Protection (DPDP) Act mandates customer consent for data utilization by corporations [11] - Unauthorized data access can result in a fine starting from 250 crore (25 billion) [12] - Businesses should adopt ethical and clear data collection practices, respecting customer consent [12] Data Breach & Security - India ranks second globally in data breach attacks [15] - Individuals should be proactive in advocating for their privacy rights and staying updated on relevant acts like the DPDP Act [14] - It's crucial to understand how to prevent further data leakage when unauthorized data access is suspected [15]

《科创板日报》6月11日讯（记者 张洋洋）"中国软件的竞争，不是性价比的竞争，是功能、可靠性、 平台适配性的竞争。"近日，在接受《科创板日报》记者采访时，当谈及数据要素市场建设和市场机遇 时，英方软件董事长兼总经理胡军擎如是说道。 当前，国内企业出于对自主可控和信息安全的考虑，优先考虑选用国产服务器、数据库等软硬件设施已 成为新趋势。 胡军擎认为，从PC时代到互联网时代，如今进入到AI时代，企业数字化转型等场景对数据的需求和依 赖会逐步增加。过去数据行业，包括容灾备份领域，很大程度依赖于国外数据保护软件，海外产品在国 内的占有率很高，而近两年，行业不断国产化，国内基础软件蓬勃发展。 在这个过程中，国产厂商与国外的竞争策略已经不仅仅是"拼"性价比，如果能率先支持国产化数据库、 操作系统、应用以及硬件平台，就可以在整个市场竞争中取得先机。 作为中国数据复制行业及灾备行业第一股，不久前，英方软件发布了面向复杂IT环境推出的全新一代备 份系统i2Backup V9，集"统一管理、智能调度、全平台兼容、高可扩展、安全可信"于一体，旨在打造 覆盖全场景的数据保护解决方案。 据公司方面透露，i2Backup V9已经部署于 ...

Core Insights - HYCU, Inc. announced enhanced support for Dell PowerProtect Data Domain Virtual Edition to protect SaaS and Cloud workloads, providing comprehensive solutions for backup, disaster recovery, data retention, and offline recovery [1][4] - The rapid growth of SaaS applications has led to increased targeting by cybercriminals, with 70% of organizations reporting data loss in SaaS applications over the past year, highlighting a significant gap in data protection for these environments [2][3] - The partnership between HYCU and Dell Technologies aims to deliver enterprise-grade backup and recovery solutions across various infrastructures, enhancing data protection for over 80 workloads [4][5] Company Overview - HYCU is recognized as a leader in multi-cloud and SaaS data protection, providing data backup and recovery solutions that simplify the process and reduce costs associated with legacy systems [9] - The company has raised $140 million in venture capital funding and boasts an industry-leading Net Promoter Score (NPS) of 91, indicating strong customer satisfaction [9] Product Features - Key features of HYCU R-Cloud include customer-owned immutable backups, flexible and granular recovery options, and long-term data retention solutions that comply with regulatory mandates such as HIPAA and DORA [6] - The solution allows for automatic policy-driven backups stored securely on customer-managed systems, ensuring data accessibility during outages or supply chain attacks [6] Market Context - The increasing reliance on SaaS applications by enterprises, with the average midsize company using over 200 SaaS applications, has created a pressing need for robust data protection solutions [3] - The collaboration with Dell aims to address the challenges faced by organizations in safeguarding their data landscape, particularly in the context of evolving cyber threats [3][5]

Core Viewpoint - Meta is contesting a $220 million fine imposed by Nigeria for consumer data violations, threatening to shut down Facebook and Instagram in the country if the fine is enforced [2][5]. Group 1: Legal and Regulatory Context - A Nigerian tribunal rejected Meta's appeal against the $220 million fine from the Federal Competition and Consumer Protection Commission (FCCPC) [2]. - Meta has until the end of June to pay the fine, with the company expressing disagreement with the Nigerian Data Protection Commission's (NDPC) decision [3]. - Nigeria accused Meta of violating data protection and consumer rights laws, with investigations revealing invasive practices against consumers [4]. Group 2: Company Response and Strategy - Meta claims it may be forced to shut down its services in Nigeria to mitigate enforcement risks [2][5]. - A spokesperson for Meta stated the company is committed to user privacy and has appealed the NDPC's decision, arguing that it does not consider the tools available for users to control their information [3]. - WhatsApp, a Meta platform, criticized the FCCPC order as containing inaccuracies and is seeking to appeal the tribunal's decision [4]. Group 3: Industry Implications - The FCCPC described Meta's threat to exit Nigeria as a calculated move to induce negative public reaction and pressure the commission [6]. - The FCCPC noted that Meta has faced similar sanctions in other countries but did not threaten to exit those markets [6]. - As of March, Nigeria had approximately 164.3 million internet subscriptions, indicating a significant user base for Meta's platforms [7].

Summary of Zscaler (ZS) 2024 Investor Day Company Overview - **Company**: Zscaler (ZS) - **Event**: 2024 Investor Day held on June 12, 2024 Key Industry and Company Insights Expanding Platform and Market Opportunities - Zscaler is expanding its platform, focusing on secure communication, data protection, and Zero Trust networking as core areas of growth [8][10][11] - The company identifies a significant opportunity in the Internet of Things (IoT) and Operational Technology (OT) sectors, with a serviceable market of approximately 1.5 billion devices [13][83] - The Total Addressable Market (TAM) has increased from $72 billion to $96 billion, reflecting growth in data protection and Zero Trust solutions [16][18] Data Protection and Security Innovations - Data protection is highlighted as a rapidly expanding area, with Zscaler investing in technologies to secure applications and data across various environments [10][54] - The company has developed a comprehensive data protection solution that integrates multiple data loss prevention (DLP) engines, reducing complexity for organizations [54][59] - Zscaler's data protection market has grown from $10 billion to $20 billion, driven by the consolidation of fragmented data security solutions [61] Zero Trust Networking - Zscaler emphasizes the importance of Zero Trust networking, which eliminates the need for traditional VPNs and enhances security by verifying every connection [70][76] - The company has scaled its Zero Trust Private Access (ZPA) to over 25 million end users, positioning itself as a leader in this space [70][75] AI and Platform Integration - Zscaler is leveraging AI to enhance its platform capabilities, focusing on proactive threat detection and actionable insights [24][25] - The acquisition of Avalor is expected to enhance Zscaler's data fabric, allowing for better integration and contextualization of security data [25][27] Customer Engagement and Market Strategy Customer Wins and Adoption - Zscaler has secured notable contracts, including a global bank with 150,000 seats and a Fortune 500 financial services company with a 74,000 seat deployment [62][64] - The company is seeing increased adoption of its data protection solutions, with a focus on simplifying security for complex environments [58][61] Go-to-Market Strategy - Zscaler is refining its sales approach by creating specialized teams for emerging products, ensuring that new offerings receive adequate attention [19][20] - The company is focused on educating potential customers about the benefits of its Zero Trust solutions to overcome market inertia [15][16] Additional Insights Challenges and Competitive Landscape - Zscaler faces challenges in educating the market about Zero Trust solutions and overcoming the inertia of legacy systems [15][16] - The company is positioned to disrupt traditional networking and security vendors by offering a comprehensive, integrated approach to security [76][80] Future Outlook - Zscaler anticipates continued growth in its serviceable market, particularly in the areas of IoT and OT security, as organizations modernize their networks [85][86] - The company is committed to expanding its product offerings and enhancing its platform through ongoing innovation and strategic acquisitions [59][61] This summary encapsulates the key points discussed during the Zscaler 2024 Investor Day, highlighting the company's strategic focus on expanding its platform, enhancing data protection, and leading in Zero Trust networking.