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CIOs weigh where to place AI bets — and how to de-risk them

CIO

Amid the turbulence of AI, technologies are emerging rapidly, startups are clamoring for attention, and hyperscalers are scrambling to corral market share. Brian Hopkins, vice president for emerging technology at Forrester Research, agrees. Given existing relationships with Webster Bank, that includes AWS and Microsoft.

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What are the main challenges CISOs are facing in the Middle East?

CIO

The skills challenge is likely going to be key as a result of the rise of disruptive technologies such as Generative AI. There is generally limited uptake initially caused by hesitancy as people generally wish to test the technology first and proceed to move with due care. What should organizations do if they are hacked?

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AI Technology is Invaluable for Cybersecurity

Smart Data Collective

AI technology is helping with cybersecurity in a myriad of ways. The threat of cyber-attacks is expanding across all industries, affecting government agencies, banks, hospitals, and enterprises. A successful breach can result in loss of money, a tarnished brand, risk of legal action, and exposure to private information.

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Generative AI in Investment Banking

Alpha Sense BI

While they are not newcomers to digital transformation, investment banks (IBs) are increasingly adopting generative artificial intelligence (genAI) across their organizations. In the last couple of decades, investment banks have adopted AI for customer-centric interfaces and to automate data functions. million per employee by 2026.

Banking 59
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Principal Financial Group® Announces Full Year and Fourth Quarter 2023 Results as well as 2024 Outlook

Wink Intel

14.8% Incurred loss ratio 61.0% million due to growth in the business and expense management discipline, partially offset by a higher incurred loss ratio. Incurred loss ratio increased to 61.0% Incurred loss ratio increased to 61.0% 15% Pre-tax operating losses increased $1.8 9% Operating margin 14 15.1%

Loss 40
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Principal Financial Group Announces 2023 and Long-Term Outlook

Wink Intel

Assumptions The outlook for 2023 reflects: Corporate segment pre-tax operating losses of $(375)-$(425) million; U.S. These items will be quantified on earnings calls as they occur throughout 2023. 31, 2022; Interest rates follow forward curve as of Dec. 877-407-0832 (U.S.

Loss 40
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Principal Financial Group® Closes Reinsurance Transaction

Wink Intel

The company does not undertake to update these statements, which are based on a number of assumptions concerning future conditions that may ultimately prove to be inaccurate.