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Tech News
Abrigo took its Sageworks lending platform offline on October 30 after detecting irregular activity in its systems, affecting Online Portal Now, Sageworks Analyst, and Sageworks API. The company has since restored most functionality, though borrower-facing features remain unavailable, and it has not disclosed whether the incident involved a data breach.
Mark Weatherford, a security executive at Nvidia, says chief information security officers need to actively help business leaders evaluate the benefits and risks of deploying AI systems. He argues that the teams and leaders who choose to deploy AI should also be accountable for managing the risks that come with it.
A governance analysis argues that many corporate boards are structuring their oversight and risk strategies around past crises rather than the fast-moving challenges posed by artificial intelligence. It proposes three guiding questions intended to help boards recalibrate their approach without abandoning the institutional experience they already have.
The founder of Desert Forge Ventures, an early-stage venture capital fund focused on the Las Vegas startup ecosystem, describes a three-part approach called Act, Adjust, Absorb for making business decisions. The framework emphasizes gathering sufficient evidence rather than waiting for certainty, testing assumptions through conversations with knowledgeable contacts, and reflecting on outcomes afterward to refine judgment over time.
An Entrepreneur contributor describes a team that documented a lesson after a missed milestone, only to misapply that same written lesson months later when a similar situation arose with different underlying conditions. The same people and documentation were in place, but the written rule had stripped away the specific context that made the original judgment correct.
A business leader describes changing how they run leadership meetings after a project reported as 'on track' with a green status turned out to be only 20% complete the day before its deadline. Instead of relying on status dashboards, the leader now asks teams one question — 'What am I missing?' — to surface hidden risks before they derail a project.
Businesses deploying AI are reportedly moving past basic adoption and now grappling with execution challenges, particularly around security risks. Organizations are said to be reassessing how AI systems are governed and secured as usage scales across operations.
Anthropic is giving six researchers from the nonprofit evaluator METR employee-level access, including company laptops, office space, and internal tools, to independently review its models, safety practices and risk management. METR will publish its own assessments, and Anthropic says it cannot veto publication, though it can require redactions in narrow categories like customer data or model architecture details. METR is currently the top tier in a three-tier evaluator system Anthropic is building, above groups like SecureBio that need company approval for narrower reviews.
An Entrepreneur opinion piece argues that fast-growing service companies with expanding fleets and headcounts often let driver and vehicle safety practices remain informal, relying on word-of-mouth checks instead of documented systems. The author recommends formalizing an authorized-driver roster, written driving expectations, regular vehicle inspections, centralized maintenance records, and a clear post-incident procedure.
In an Entrepreneur opinion piece, healthcare company co-founder shares a three-part framework used before major business decisions such as expansions, partnerships or pivots. The approach involves listing the best possible outcomes, assessing the worst realistic outcome and whether the business could survive it, and building flexibility into plans through pilots and gradual market entry rather than full commitments.
An Entrepreneur contributor writes that the modern CFO role increasingly stretches beyond accounting, treasury and financial planning into sales, product development, operations, technology, risk and strategy. Drawing on experience across construction and financial services CFO roles, the author says financial reporting, liquidity and controls should remain the foundation of the job rather than its outer limit. The piece calls for CFOs to embed themselves in commercial functions like sales pricing and incentive structures.
An AI safety expert cautioned that businesses are rapidly rolling out autonomous AI agents without adequate frameworks to manage the risks involved. The warning followed a day after an Anthropic researcher resigned, citing fears that fast-advancing AI systems could pose existential dangers to humanity.