Risk becomes easier to act on when it’s translated into business terms. A “medium” or “high” rating doesn’t show leaders where to invest, but the potential impact on revenue, cash flow, margins, and assets can.
In this video, our Global Sustainability Leader Lynne Baber, talks about putting weather risk into financial terms, preparing for disruption before a crisis hits, and building resilience through stronger supply chains, scenario planning, and faster decision-making.
Our report explores how executives can turn that insight into action: assessing the financial impact of severe weather, modelling high-impact events, and making informed resilience investments.
Read the full report: pwc.to/487lyTQ #Sustainability
Walid retweeted
FT Exclusive: Citigroup said it would not permit ‘third-party AI agents or assistants to log into a customer’s account or transact directly within our digital banking platforms'. ft.trib.al/MSxEt9u
Walid retweeted
Spencer Timmel of Safety National says third-party risk is now a major cybersecurity and business resilience challenge for organizations.
hubs.la/Q04Bs9730
Walid retweeted
Why is ChatGPT so much more popular than Claude among non tech users when Claude is so much better?
Walid retweeted
BREAKING: 🚨 Bank of America fined $1.2 billion after failing to report at least $5 billion in "suspicious" transactions.
Multiple transactions linked to Chinese money laundering networks.
Walid retweeted
We discovered a sophisticated recording device that was hidden inside one of our offices. We used our models to understand the device and where it had come from, identifying that a specific employee had planted it a few days earlier. We referred the matter to the FBI, and we’re grateful to the agents and prosecutors who moved quickly to make an arrest. The FBI’s investigation is ongoing and we will continue to support their work.
At this time, we have no indications of this individual inappropriately accessing or exfiltrating model weights, source code, or customer data. The employee was terminated.
We take protecting our technology, data, and people seriously, and as a matter of national importance. Our security program is designed to protect against a wide range of threat actors, from insider risks to cybercriminals to nation states, and this case is an example of how AI can help address these sophisticated security threats.
Walid retweeted
Alchera raises £2.7m to grow transport data AI platform ift.tt/5kPMUKq
Walid retweeted
AI spots nearly 19,000 'shocking' road offences bbc.in/4zjIL0w
Indeed, treating #AI security as an afterthought is a recipe for disaster.
Like Pirelli iconic slogan used to say: "Power is nothing without control"
AI adoption is moving quickly, but is security keeping pace?
Our CCO AJ Thompson writes in @RecruiterMag about data access, AI permissions and why security teams need to be involved from the start.
Read the article: ow.ly/e4Sp50ZVKeT
#AI #CyberSecurity
Walid retweeted
Meta doesn’t just want to know what you post. With Muse, it also wants to access what you do.
Meta is advertising that its AI agent Muse can:
🚩 Answer your emails
🚩 Make purchases
🚩 Manage your online accounts
But would you really hand Zuck's company the keys to your digital life? 🔑
Just look at the data, Meta will link to your identity - CRAZY!
More 👉 tuta.com/blog/dont-trust-met…
#MetaMuse #MuseAI #Meta
Good move if they can diversify their investments beyond #technology,
#ris
Blue Owl to launch ‘big push’ into insurance ft.trib.al/5JTn4qd
Walid retweeted
Pennon shares sink 17% after launching rights issue, cuts dividend to fund water investment ift.tt/W32V9R8
OpenAI canceled plans to release its latest artificial intelligence model after researchers discovered safety risks during testing, according to the Wall Street Journal bloomberg.com/news/articles/…
Walid retweeted
🦔A guy let Meta's Muse AI handle his Facebook Marketplace listing for a keyboard. Muse agreed to sell it for $10 without asking him, gave the buyer his home address, arranged a pickup for that evening, and told the buyer "I'm here" when the seller wasn't home. The buyer showed up, waited, left angry, and gave him a bad rating. Muse only told the seller what happened after it was over. Meta says Muse "checks with the person before sensitive actions." Zuckerberg told developers at Meta Connect that Meta plans to profit by taking a fee from transactions Muse completes for users.
My Take
Why does anyone need an AI agent to sell a keyboard on Facebook Marketplace? You reply "yeah it's available, $15, meet at the Starbucks on Main" and the whole thing is done in 30 seconds. Muse turned that into a safety incident because it gave out a home address, accepted $10 the seller never approved, and told a stranger to come over at night while the seller was somewhere else. An LLM doesn't understand that your address is dangerous to share. It answered a question because that's all it knows how to do.
Muse already can't handle phone calls on its own, which is why 404 Media found those get routed to human call centers. Now it hands out home addresses on Marketplace, and Zuckerberg wants to charge people for this. He stood on stage at Meta Connect and said Meta would take a cut of every transaction Muse completes, but I wouldn't trust this product with a $15 keyboard sale and he's planning to put it in front of every Facebook and Instagram user on earth. At some point you have to ask what any of these AI agent products actually do well, because so far the answer is "get people in trouble."
Hedgie🤗
Walid retweeted
Sun Life expands AI tools for Canadian financial advisors with Notes Assistant and an AI concierge, cutting admin time and speeding access to client information beinsure.com/news/sun-life-i…
Walid retweeted
Beazley confirmed AI-affirmative cyber cover as insurers clarify how policies respond when artificial intelligence contributes to cyberattacks and losses beinsure.com/news/beazley-co…
WATCH: A humanoid robot suddenly kicks its own developer during a demonstration in China, sending the remote control flying out of his hand.
The engineer quickly dodges another kick, grabs the controller and walks away without any reported injuries. The robot then ends the exchange with a martial arts-style bow.
Walid retweeted
This American did an interview with an AI recruiter
If you speak nothing but nonsense to the AI agent, it doesn’t correct you or ask you to go into detail. The AI recruiter actually has a conversation with you that makes no logical sense
There seems to be no flags in the conversation and it just speaks nonsense back to you
Apparently these AI interview agents are only for first rounds of recruitment. So they are programmed to be warm, never accuse the candidate of being unserious and just do information gathering
I also found that Language models these are using are extremely good at turning a ‘bag of nouns’ into a grammatical recap. That’s what’s happening in this video, she keeps recapping what he’s saying even though it’s nonsense
If everyone did this then companies would be forced to stop using AI agents for interviews
Walid retweeted
🚨 California says it wants to "protect children online".
Yet, forcing EVERYONE to verify their age won't stop harm - but put all of us under surveillance.
Age verification and ID checks cannot be the solutions. They rather destroy everyone's #privacy
The fight against #AgeVerification must continue ✊
Learn more about which countries are planning to ban social media for kids and teenagers: 👉 tuta.com/blog/age-verificati…
























