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Daily Crunch: After glitch causes a two-hour global outage, WhatsApp restores service

TechCrunch

Hit me baby one more time : Manish also writes about Google, which got its second penalty from India’s antitrust watchdog, this time $113 million for what the organization said was anticompetitive practices with Play Store policies. 8 questions to answer before your startup faces technical due diligence. The first was a $161.9

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6 best practices to develop a corporate use policy for generative AI

CIO

While there’s an open letter calling for all AI labs to immediately pause training of AI systems more powerful than GPT-4 for six months, the reality is the genie is already out of the bottle. With this in mind, here are six best practices to develop a corporate use policy for generative AI.

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What you need to know about Okta’s security breach

CIO

On October 20, 2023, Okta Security identified adversarial activity that used a stolen credential to gain access to the company’s support case management system. Once inside the system, the hacker gained access to files uploaded by Okta customers using valid session tokens from recent support cases.

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Four investors explain why AI ethics can’t be an afterthought

TechCrunch

A founder recently told TechCrunch+ that it’s hard to think about ethics when innovation is so rapid: People build systems, then break them, and then edit. Some investors said they tackle this by doing due diligence on a founder’s ethics to help determine whether they’ll continue to make decisions the firm can support.

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6 places where investors look for problems when you’re fundraising

TechCrunch

They have a basic accounting system, know how to construct a budget and have policies and procedures for accounts receivable and accounts payable. During due diligence, every investor is looking for an accurate view of your business performance, value and potential. It pays to be ready. What investors want to know.

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What the Digital Operational Resilience Act means for you

CIO

Cyber attacks and data breaches can wreak havoc on a business’ IT systems, resulting in massive costs to fix the damage and a long-lasting impact on customers that could hamper a company’s growth for years to come. But what exactly does this policy mean for IT security? And how can businesses ensure they’re ready? What is DORA?

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Steps CIOs should take to protect customer data in Nigeria’s open banking systems

CIO

Due to Nigeria’s fintech boom borne out of its open banking framework, the Central Bank of Nigeria (CBN) has published a much-awaited regulation draft to govern open banking procedures. Open banking is the only way you can set systems like agency banking, mobile banking and use dollars.”. Traditional banking is fading away,” he says.

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