Tag: technology 2023

Leveraging global media for a more proactive stance on risk is the future of financial crime prevention. Traditional methods often involve manual searches across various applications to identify potential threats in customer and counterparty relationships. While this may have been the standard practice in the past, advancements in technology are reshaping the landscape.

With the ever-emerging organizational risks, boards are constantly on the lookout for ways to mitigate threats. These include areas like ESG, cyber resilience, human capital management, and even the personal liability of directors.

German AI firm deepset, an enterprise platform focused on building applications with LLMs, has successfully raised $30m in a recent round. 

Socket, a software supply chain security firm, has successfully grabbed the attention of investors with a recent $20m funding raise. 

After over a year of deliberations, the US SEC has finally adopted the proposed rules for enhanced cyber disclosures.