It might be chilly outside—but that’s no excuse to stay out in the cold when it comes to the latest developments in enterprise tech. IT Brew rounded up three of the most interesting tech news stories from around the world in the last month.

AI jobs

The European Central Bank (ECB) crunched nine years of jobs data across 16 European nations. Its projection: AI will likely create jobs in high-skill occupations, have minimal impact on “low and medium-skill groups,” and have “neutral to slightly negative impacts” on wages, The Register reported.

Unfortunately for those stateside, ECB researchers anticipated those relatively mild effects of AI only in Europe and noted their findings might not be applicable to the US, where prior studies have found more negative consequences on low-skilled jobs. Analytics firm Forrester has also projected AI will replace 2.4 million US jobs by 2030, many of them in white-collar sectors like legal work, science, administration, and computers/math.

All of this remains highly speculative, the ECB admits—in a bulletin on the report, researchers concluded that since AI technology is still in its infancy, most of its “impact on employment and wages—and therefore on growth and equality—has yet to be seen.”

Read more here.—TM

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Rhysida, the ransomware gang that has claimed responsibility for a recent cyberattack on the British Library, now claims to have hit a private hospital and stolen data, including health records for the royal family.

Computer Weekly reported that last week, the group posted to its site on the dark web bragging of an attack on London’s King Edward VII Hospital, providing evidence such as images depicting “copies of X-rays, medical reports, prescriptions, and registration forms.” Rhysida also allegedly said it would sell the data at auction at a starting price of 10 bitcoin (roughly $435,000), threatening that in the absence of a buyer it would release the stolen information on Dec. 5.

Rhysida’s threats explicitly mention “Data from the Royal Family,” according to Protocol.

The Telegraph reported it is “understood that the Royal family members’ medical data is held separately to the system that was hacked, and was unaffected,” though it didn’t elaborate beyond mentioning the National Cyber Security Centre and police are investigating. In a statement to IT Brew, a spokesman for the hospital, Donald Steele, acknowledged a “security incident involving temporary, unauthorized access to our systems,” though said it had taken “immediate steps to mitigate the incident’s impact” and continue patient care. The hospital added that a “small amount” of data was taken.

Read more here.—TM

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Banking cybersecurity needs an international point of view, and that includes sharing information both within and beyond the sector.

That’s the philosophy behind how JPMorgan Chase CISO Pat Opet approaches his job.

“We believe very much in sharing necessary intelligence across the community, so that all organizations, particularly those in financial services, who are our peer group, can benefit,” Opet told IT Brew.

The bank security veteran began his career at Lockheed Martin in 2005 before joining JPMorgan nine years later, where he first worked to help define strategy and improve cyber defense capabilities. He ran the banking company’s security engineering team until taking over the CISO position in June 2021.

Global development. The lessons Opet learned at Lockheed, specifically those relating to nation state actors, are helping him strategize for the needs of a large financial institution.

Cyber training at Lockheed focused on countering the development of hacking capabilities that nation state adversaries were investing in. Opet’s job at Lockheed was “to help organizations respond and prepare themselves to defend their organization for a more complex cyber ecosystem,” he said.

By the nature of its size and importance, JPMorgan is a component of the nation’s critical infrastructure and a component of the global financial market as a whole, he said. That makes it the kind of private sector key infrastructure that criminal actors and nation state adversaries alike will want to target.

Keep reading here.—EH

Do you work in IT or have information about your IT department you want to share? Email [email protected].

Today’s top IT reads.

Stat: 82%. That’s the portion of IT leaders who said they’d like to move their company’s Privilege Access Management to the cloud. (IT Security Guru)

Quote: “Many smart, talented, and hard-working people will be departing us.”—Spotify CEO Daniel Ek, discussing the company’s latest round of layoffs (CNN Business)

Read: Generative AI is helping developers with coding—but some pros say it’s making their jobs more difficult. (ZDNet)

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