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☆ Cybersecurity professionals say generative AI can be exploited in cyberattacks — but it can also be a powerful defense
▼ + stars: | 2024-05-07 | by ( Rosalie Chan | ) www.businessinsider.com time to read: +5 min

Generative AI is revolutionizing cybersecurity in connected networks. Generative AI has become a double-edged sword for the security of connected networks. On one hand, generative AI can speed up cybersecurity problems, making it easier and cheaper for bad actors to conduct identity attacks. Business Insider spoke with several cybersecurity professionals who attended the annual RSA conference this week in San Francisco about how generative AI is increasingly used in cybersecurity for 5G devices and networks. Now that mobile and Internet of Things devices have become more ubiquitous, they're using even more data, which generative AI can help filter and secure.

Persons: —, David Cooper, Cooper, Shaun McAlmont, Chris Novak, David Aviv, Steve Wilson, Ev Kontsevoy, It's, Rohit Ghai, Ghai, Wilson Organizations: Service, Accenture Security, RSA, Verizon Business Locations: cybersecurity, San Francisco

☆ RSA CEO Rohit Ghai says emergent 5G technology increases the need to protect critical networks
▼ + stars: | 2024-05-06 | by ( Rosalie Chan | ) www.businessinsider.com time to read: +7 min

Emergent 5G technology is faster and more secure than ever. "There's a huge amount of intellectual property and corporate data that sits on mobile devices," Ghai said. 5G networks are very, very dynamic. The other change is using identity and access governance to make sure privileged access to IT and OT [operational technology] networks is managed. That same pattern follows in 5G networks.

Persons: Rohit Ghai, Ghai, —, It's Organizations: Service, RSA, Infrastructure Security, 5G Locations: San Francisco, cybersecurity

☆ Fast-food franchisees in California fear they'll lose customers to Chili's and Applebee's as prices soar over $20 wage
▼ + stars: | 2024-04-14 | by ( Grace Dean | ) www.businessinsider.com time to read: +6 min

Fast-food franchisees in California fear diners will flock to Chili's and Applebee's to avoid price hikes. As a result, the price gap between fast-food and casual dining restaurants could narrow. This could potentially cause the price difference between fast-food and casual dining restaurants to shrink. Fast-food restaurants in California have been hiking prices to offset the wage, which is 25% above the state's general minimum wage. "We're gonna start to compete with them," Ghai said, speaking about the casual dining restaurants.

Persons: —, Shane Paul, Paul, Scott Olson, Taco Bell, Ghai, he's, wouldn't, Scott Rodrick, Rodrick, Hajime Uba, Brian Vaccaro, Raymond James, Sal Vitalie, Vaccaro, Sharon Zackfia, William Blair Organizations: Service, Burger Locations: California, San Diego, South San Francisco

☆ A major Burger King franchisee in California says he can't roll out order kiosks fast enough due to the state's new $20 fast-food minimum wage
▼ + stars: | 2024-04-12 | by ( Grace Dean | ) www.businessinsider.com time to read: +4 min

A huge Burger King franchisee is rushing to cut costs over California's $20 minimum wage for fast-food workers. AdvertisementA major fast-food franchisee in California says he's rushing to roll out digital order kiosks as part of plans to cut costs over the state's new $20 minimum wage for fast-food workers. Ghai said he owns 180 fast-food restaurants in California, including about 140 Burger King locations and numerous Taco Bell and Popeyes restaurants. Ghai says he can't raise prices any moreThe new minimum wage, which applies to limited-service restaurant chains with at least 60 locations nationwide, came into effect on April 1. It's 25% higher than the state's general minimum wage of $16 an hour, though many cities and counties in California have set theirs higher.

Persons: —, Harsh Ghai, Ghai, he's, Shack, Burger King, Taco Bell Organizations: Burger King, Service, Taco Bell, BI, Taco Locations: California, West Coast, Burger

☆ California just hiked minimum wage for fast food workers. Some restaurants are replacing them with kiosks
▼ + stars: | 2024-04-11 | by ( Parija Bhatnagar | Parija Kavilanz | ) edition.cnn.com time to read: +9 min

New York CNN —California just raised the minimum wage for the state’s fast food sector workers by $4 to $20. And, although many casual observers disagree, higher wages for fast food workers could actually help fast food owners, Dongoski said. The employment level in fast food restaurants still hasn’t reached pre-pandemic levels. This has nothing to do with minimum wage.”However, the minimum wage increase serves as an accelerant, Brown said. The changes are necessary, said Ghai, who employs 3,700 fast food workers in California.

Persons: ”, Rob Dongoski, Dongoski, hasn’t, ” Dongoski, McDonald’s, Katie Fogerty, “, David Paul Morris, Burger, Marbue Brown, we’ve, ” Brown, that’s, Brown, “ It’s, Taco, Ghai, “ Everyone’s, ” Ghai, he’s, Harsh Ghai, Condie, ” Condie Organizations: New, New York CNN, Bloomberg, Getty, Burger, Taco Bell, CNN, California Restaurant Association Locations: New York, California, Kearney, Larkspur , California, New York City

☆ BlackRock loses top infrastructure investor to Manulife amid executive shakeup
▼ + stars: | 2024-02-06 | by ( Rebecca Ungarino | ) www.businessinsider.com time to read: +5 min

Valentine Andrews, 52, will report to Lorentz and lead the firm's "next era of private markets growth," he wrote. She will remain in New York City, where Manulife's private equity and private credit teams are based. Valentine Andrews joined BlackRock in 2014 from Morgan Stanley, where she spent seven years and helped establish the firm's infrastructure-investing platform. She previously worked at Macquarie Bank, the firm known for its infrastructure investments, in Melbourne and New York. "I like to think about living life in chapters," Valentine Andrews wrote in a post on LinkedIn last month.

Persons: CQS, Anne Valentine Andrews, Paul Lorentz, Valentine Andrews, Lorentz, Angelo Gordon, Nuveen, BlackRock, Edwin Conway, Salim Ramji, Vipon, Brian Kernohan, Marc Feliciano, Morgan Stanley Organizations: Manulife Investment Management, Business, BlackRock, Manulife, Investment, Global Infrastructure Partners, TPG, Macquarie Bank, LinkedIn Locations: Toronto, Massachusetts, Manulife, New York City, Melbourne, New York

☆ GE finance chief Dybeck Happe to step down
▼ + stars: | 2023-05-18 | by ( ) www.reuters.com time to read: +1 min

May 18 (Reuters) - General Electric Co (GE.N) said on Thursday Carolina Dybeck Happe would step down as finance chief of the industrial giant, as it prepares to complete the spin-offs of its businesses next year. Rahul Ghai will become the CFO of GE, effective Sept. 1, while retaining his role as the finance chief of GE Aerospace, which he has held since August 2022, the company said in a statement. "Since Rahul joined GE Aerospace, we have benefited greatly from his leadership, including his wealth of experience as a public company CFO and with the spin-off process," GE CEO Larry Culp said. Moller-Maersk executive, Dybeck Happe took over as GE's CFO in early 2020. In late 2021, GE announced it would split into three public companies that would focus on energy, healthcare and aviation.

☆ Stash just revamped its tech and announced new partnerships with Mastercard and Marqeta as the fintech looks to stand out in a crowded field
▼ + stars: | 2022-09-21 | by ( Carter Johnson | ) www.businessinsider.com time to read: +5 min

Stash announced Wednesday the launch of a new core banking system and a refreshed debit card. CEO Brandon Krieg told Insider 'Stash Core' will make it easier to develop new products. The startup inked new partnerships with Mastercard, Stride Bank, Marqeta, and other fintech names. For Stash, a fintech built on both deposit banking and investing rails, that has led to an overhaul of the fintech's financial infrastructure and a host of new partnerships. On Wednesday, Stash announced the launch of Stash Core, a new banking system that Brandon Krieg, Stash's cofounder and CEO, said amounts to a rebuild of the startup's back-end tech stack.

☆ Lipsă de vaccinuri în India, unde numărul de infecţii atinge un nou record zilnic
▼ + stars: | 2021-04-08 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +2 min

India, unde 87 de milioane de doze de vaccin anti-COVID-19 au fost administrate până în prezent la o populaţie de 1,3 miliarde de locuitori, se confruntă cu o lipsă de seruri împotriva noului coronavirus, într-un moment în care numărul infecţiilor atinge un nou record zilnic, informează AFP.Peste 126.000 de cazuri noi au fost înregistrate în ultimele 24 de ore, determinând mai multe regiuni să înăsprească restricţiile de activitate, în timp ce Maharashtra, epicentrul actual al noului val al epidemiei, cu capitala la Mumbai, urmează să intre în lockdown în acest weekend, scrie agerpres.ro Prim-ministrul Narendra Modi, care a primit joi doza de rapel, a scris pe Twitter că vaccinurile sunt "printre puţinele moduri de a învinge virusul" şi a îndemnat oamenii să-i urmeze exemplul.Potrivit The Times of India, zece state au stocuri de doar trei-patru zile, inclusiv Uttar Pradesh, cu o populaţie de aproximativ 200 de milioane de persoane, dar şi Bihar şi Bengalul de Vest.În Maharashtra, ministrul sănătăţii la nivel regional a avertizat miercuri că stocurile vor fi epuizate în trei zile dacă nu vor fi completate. "Trebuie să le spunem oamenilor că, din moment ce vaccinurile nu au sosit, trebuie să plece acasă", a declarat Rajesh Tope reporterilor.Principalele centre de imunizare din Mumbai au rămas fără doze joi, iar imensul spital general municipal Lokmanya Tilak a oprit complet imunizările.Cu toate acestea, ministrul sănătăţii la nivel federal, Harsh Vardhan, a afirmat miercuri seara că acuzaţiile privind o penurie de vaccinuri în Maharashtra sunt "complet nefondate" şi că numeroase state încearcă să "distragă atenţia de la eşecurile lor". "Aprovizionarea cu vaccinuri este monitorizată în timp real, iar guvernele statelor sunt informate în mod regulat", a adăugat el.Potrivit lui Ajay Ghai, un înalt funcţionar în domeniul sănătăţii din Uttar Pradesh, "furnizarea de vaccinuri se face în mod continuu, la fel ca reaprovizionarea".India a înregistrat până în prezent 13 milioane de cazuri de COVID-19 şi 170.000 de decese asociate acestei boli, deşi rata de infectare pe cap de locuitor în a doua ţară cu cea mai mare populaţie din lume rămâne scăzută prin comparaţie cu cea din alte ţări.

Persons: Lokmanya Tilak, Ajay Organizations: Times Locations: India, Maharashtra, Mumbai, Uttar Pradesh, Bihar, Bengalul de Vest.În Maharashtra, Lokmanya

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