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Case in point: taking stock of the CrowdStrike outages

CIO

billion for Fortune 500 firms alone, according to an analysis by Parametrix, and total economic damages could run into tens of billions, Nir Perry, CEO of cyber insurance risk platform Cyberwrite, told Reuters. Its worth doing that extra step of diligence because it can save you problems down the road, she says. Trust, but verify.

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Truepic, which just raised $26M in a Microsoft-led round, aims to verify the authenticity of photos and videos

TechCrunch

Rather than trying to detect what is fake, Truepic says its patented “secure” camera technology proves what is real. The startup’s technology acquires “provenance” data (such as origin, contents and metadata) about photos and videos and uses cryptography to protect the images from tampering before they reach the intended recipients. .

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Daily Crunch: App Store reviews and social media depict user backlash against Snapchat’s new AI chatbot

TechCrunch

Sarah writes that the social media giant is seeing a spike in one-star reviews, which include calling for its removal. Go on, another handful for ya: They just want to stay involvo : Frederic reports that Volvo Cars Tech Fund invests in driver monitoring startup CorrActions. Big Tech Inc. You can sign up here. Kirsten has more.

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Resistant AI scores $16.6M for its anti-fraud fintech tools

TechCrunch

GV (formerly Google Ventures) led the round, with participation from existing investors Index Ventures (led by partner Jan Hammer), Credo Ventures (led by Ondrej Bartos and Vladislav Jez) and Seedcamp, plus several unnamed angel investors specializing in financial technology and security.

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In turbulent political times, IT can be a difference maker

CIO

Despite the old line that the US government is, in all actuality, little more than a military attached to an insurance company, the seldom-of-the-same-mind three anchors on CNBCs Squawk Box recently stated that they cant talk about the economy without talking about American politics specifically tariffs and White House/agency interventions.

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The Most Powerful Note on Authenticity I’ve Ever Received

Let's Grow Leaders

As you read, I invite you to reflect: What would it mean for you to show up authentically with your team? Am I creating a team environment where people can show up with their authentic best self? Authenticity is the key to relationship-building, I think, and relationship-building has been my superpower career-wise.

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Deepfakes are a real threat to India’s FSI sector, say tech leaders

CIO

Consequences snowballed, and quickly – In 2022, a viral deepfake audio of the CEO of Mumbai energy company declaring a massive price hike temporarily tanked the company’s stock due to shareholders’ panic. Playing by the rules Public faith in technologies cannot be established without valid foundation.