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CIOs in financial services embrace gen AI — but with caution

CIO

Generative AI is starting off a new age of exploration in IT,” says Frank Schmidt, CTO at insurance firm Gen Re. Cugini at KeyBank agrees, and adds that the exploration has to include a cross-functional team from all areas of the business, not just IT. “We However, developing and deploying an LLM is costly. Humans get fatigued.

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IT Compliance: Understanding Its Purpose and Benefits

Kaseya

IT compliance refers to a set of statutory rules and regulations that businesses must follow to minimize the threat of a cyberattack and keep their systems and processes secure. What is IT compliance? What is the purpose of IT compliance? What is a compliance standard?

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Extra Crunch roundup: Metromile CEO interview, Oscar Health’s IPO plans, our 2-year anniversary, more

TechCrunch

Thanks to hard work from the entire TechCrunch team, authoritative guest contributors and a very engaged reader base, we’ve tripled our membership in the last 12 months. Surveys of top investors about trends in your sector. The quartet selected four startups each from Chicago, Boston and Techstars Workplace Development.

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The ultimate guide to mobile banking app development in 2024

Openxcell

billion smartphone users worldwide, it’s imperative for banks and financial companies to develop products and services that can be easily accessed via mobile devices. Business owners and developers alike have become increasingly dependent on mobile banking apps as the demand for accessible and user-friendly banking solutions increases.

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Cybersecurity Snapshot: 6 Things That Matter Right Now

Tenable

A search for simplicity by security teams, as digital transformation extends organizations’ attack surface, complicating the protection of increasingly hybrid and multi-cloud IT environments. 2 - Survey: Cyberattacks are #1 business risk. The latest proof comes from a PwC survey of 722 U.S. Good news or bad news first?

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From Hype to Hope: Key Lessons on AI in Security, Innersource, and the Evolving Threat Landscape

Coveros

Open source developers merged 60% more automated Dependabot pull requests for vulnerable packages than in 2022. More developers are building LLM applications with pre-trained AI models and customizing AI apps to user needs. More developers are building LLM applications with pre-trained AI models and customizing AI apps to user needs.

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Asset Tracking in Logistics: When and Which Technologies to Implement

Altexsoft

Why implement asset tracking: main logistics challenges and problems Evolving from monitoring the location of vehicles and railcars , today, with the development of advanced Internet of Things (IoT) technologies, asset tracking offers vast opportunities as it provides great visibility into tons of important asset-related information.