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“I’ve made the hard decision to leave Twitter,” Kissner tweeted. Their resignation was the latest example of the internal turmoil that has rocked Twitter following mass layoffs at the company. It could even put Twitter’s own employees in legal jeopardy, the message suggested, after the employee claimed Musk was unconcerned about Twitter’s potential liability before the FTC. The message outlined plans at Twitter to devolve FTC compliance responsibilities to the individual workers remaining at the company. “This will put huge amount of personal, professional and legal risk onto engineers,” the message warned, according to The Verge.
Balbix: 2022 Top Startups for the Enterprise
  + stars: | 2022-11-07 | by ( Cnbc.Com Staff | ) www.cnbc.com   time to read: +1 min
Balbix uses AI and automation to reinvent how leading organizations reduce their cyber risk, an issue that's getting more complex every year. Embracing a business model referred to as cyber posture automation, the goal is to quantify the risks of hacking to organizations and move the cyber defense decision-making across the entire C-suite rather than focused solely on CISOs. Instead, CISOs need to facilitate the quantification of cyber risk in business terms and help drive the rest of the leadership team towards speedy cyber risk remediation/mitigation efforts before a breach even happens." To date, the company has raised $101.6 million over three rounds, with the most recent being $70 million in March. Investors include Alter Venture Partners, Redline Capital, Third Point Ventures, and Nautilus Venture Partners.
The field of generative AI, or AI that can create content, has recently exploded in popularity. Generative AI's rise to popularitySimply put, generative AI refers to artificial intelligence that can create content. Tech advancements over the past few years — specifically transformer and diffusion models — have made generative AI possible. AI models refer to the training and deployment of algorithms on a dataset. "I don't see generative AI today through its early use cases demanding any of those budgets quite yet."
Corporate Cybersecurity Teams Struggle to Fill Jobs
  + stars: | 2022-10-20 | by ( Catherine Stupp | ) www.wsj.com   time to read: +5 min
Newsletter Sign-up WSJ Pro Cybersecurity Cybersecurity news, analysis and insights from WSJ's global team of reporters and editors. PREVIEWSeventy percent of around 11,000 cybersecurity practitioners and decision makers surveyed by (ISC)2 said their companies don’t have enough cybersecurity staff to be effective. Decathlon has become more flexible and creative in its search for cybersecurity staff and hired 26 employees last year and more than 30 so far in 2022, Mr. Illikoud said. Many corporate cybersecurity leaders hire staff from other internal teams and offer specific training if they need it. Around 43% of Principal’s cybersecurity team is now remote, up from roughly 20% before the pandemic, she said.
Heightened Cyber Threat Brings CIOs, CISOs Closer
  + stars: | 2022-09-30 | by ( Isabelle Bousquette | ) www.wsj.com   time to read: +4 min
In a year of high-profile cyberattacks, chief information officers say cybersecurity has sprinted up their agenda and got them working more closely than ever with chief information security officers. Her goal is to foster a culture of cyber preparedness across the company, including ensuring staff are educated about risks. Noelle Eder, chief information officer at Cigna. While compensation is growing for both the CIO and CISO roles, Mr. Stephenson said it is growing faster for CISOs. “We really need to be working together to think about ways we can better secure information,” Mr. Vidoni said.
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