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TechCrunch+ roundup: Deep due diligence, early Q1 2023 VC results, flight lessons for angels

TechCrunch

Full TechCrunch+ articles are only available to members Use discount code TCPLUSROUNDUP to save 20% off a one- or two-year subscription Business schools teach the basics, but Mysty Rusk, who’s reviewed around 4,500 deals over the last 20 years, says the most important lessons she learned were the result of mistakes she made along the way.

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How PwC and SAP are doing right by helping clients unlock ESG value

CIO

Achieving environmental, social, and governance (ESG) targets can increase a company’s worth beyond the feel-good. Creating value with Environmental Social and Governance A McKinsey study reveals 5 ways that ESG creates value. The software enables MEWA to monitor their entire value chain and evaluates risk automatically.

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The hidden costs of your helpdesk

CIO

A Forrester study found that companies spend $87 per password reset (adjusted for inflation in 2024), which amounts to a whopping $795 per employee annually. Department of Health recently issued a sector alert on social engineering attacks against IT helpdesks, like the one at MGM Resorts International last year.

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Twilio gets hacked, teens ditch Facebook, and SpaceX takes South Korea to the moon

TechCrunch

Welcome back to Week in Review , the newsletter where we quickly recap the top stories from TechCrunch dot-com this week. The most read story this week is on a Pew study that suggests this generation of teens has largely abandoned the platform in favor of Instagram/YouTube/TikTok/etc.; Want it in your inbox every Saturday? other stuff.

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Don’t gamble with your identity verification practices

CIO

Earlier this year, I wrote about the importance of organizations reviewing their password management strategies. Caesars noted in a filing that an “unauthorized actor” had stolen data in a social engineering attack targeting an outsourced IT support vendor, according to an InfoSecurity report. Déjà vu can suck sometimes.

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Generative AI: the Shortcut to Digital Modernisation

CIO

A recent McKinsey study estimated that automation integrated with Generative AI could accelerate 29.5 Generative AI can help businesses achieve faster development in two main areas: low/no-code application development and mainframe modernisation. percent of the working hours in the US economy.

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Innovative data integration in 2024: Pioneering the future of data integration

CIO

This helps reduce the points of failure due to human intervention. Additionally, a study by McKinsey found that organisations leveraging AI in data integration can achieve an average improvement of 20% in data quality. But what does the future hold for the realm of data integration ? billion by 2025.