October 30, 2024 at 03:10PM Casap has raised $8.5 million in funding to expand its AI-powered disputes automation and fraud prevention platform for banks and fintechs. Led by Lightspeed Venture Partners, the investment aims to reduce operational costs and enhance customer experiences by swiftly resolving disputes and chargebacks. Casap’s technology significantly improves efficiency in handling … Read more
October 11, 2024 at 04:53PM American Water, the largest US water utility, is reactivating its systems after a cyber incident reported on October 7. The company confirmed no impact on its services and resumed standard billing. This incident underscores vulnerabilities in critical infrastructure, emphasizing the need for improved cybersecurity measures across the industry. ### Meeting … Read more
October 11, 2024 at 09:05AM CISOs are evolving from risk-averse managers to risk-taking enablers, especially in retail, with 97% viewing their role as fostering innovation. Increasingly focused on data-driven decisions and AI integration, CISOs recognize the need to balance security with business growth, despite challenges in realizing ROI from AI and cybersecurity investments. ### Meeting … Read more
March 1, 2024 at 01:26PM The rising importance of biometric privacy legislation intersects AI threats, growing biometric usage, state-level privacy laws, and new executive orders. Businesses, especially with state-specific laws, need to navigate this complex legal landscape. Various state laws and proposed bills add to the compliance complexity. Meanwhile, expanding biometric use raises cybersecurity risks … Read more