Latest news with #ChiefProductOfficer
Forbes
21-07-2025
- Business
- Forbes
How To Fight The Threats Targeting Your Employees' Identities
Damon Fleury is the Chief Product Officer of SpyCloud, a leader in identity threat protection. The cybercrime economy has evolved into a sophisticated marketplace of stolen data, illegally obtained access and enablement services and tools that are readily available at scale. These offerings rely heavily upon data and access stolen with malware, phishing attacks and third-party breaches. For example, this growing industry of underground forums and marketplaces sells pre-built malware tools for less than $10, making it easier for even non-sophisticated cybercriminals to infiltrate organizations. A new generation of resourceful cybercriminals is now efficiently using these darknet resources to target organizations with infostealer malware, advanced phishing attacks, residential proxies that mimic trusted IP addresses from victims' home addresses and more. The impact is eye-opening. According to SpyCloud's 2025 Identity Exposure Report: • About 50% of corporate users were exposed through infostealer malware in the past year. • Seven million credentials were stolen from third-party applications, along with hundreds of thousands of credentials stolen from enterprise AI tools and password managers, exposing sensitive business insights and proprietary data and undermining critical security layers. • As attackers gained access to high-value personal and corporate data, 97% of recaptured phishing data from known breaches contained email addresses, 64% exposed IP addresses and half included location data. These statistics reflect a concerning level of exposure, with massive amounts of sensitive information now in the hands of individuals who lacked the tools or expertise to obtain it just a year ago. To keep up, enterprises must rethink their cybersecurity strategies for a world where anyone can be a threat and every employee a potential target, starting with a clear understanding of what's driving modern cybercrime and where their people are most vulnerable. One-Click Cybercrime: Underground Syndicates And Install Brokers It used to be that actors had to be truly enterprising to be successful, from writing their malware code to developing ways to avoid detection. Now, bad actors can pick up an entire malware kit via a black market site just as easily as the average consumer can make an Amazon purchase. The impacts of these attacks can be devastating. For example, a criminal group known as Scattered Spider recently attacked famed British retailer Marks & Spencer, allegedly using solutions purchased on underground forums. The attack resulted in a drop in the company's share price and millions of dollars in lost revenue. Scattered Spider is one of many groups suspected of using off-the-shelf malware obtained through 'install brokers'—also known as ad brokers or pay-per-install services. These brokers act as intermediaries in the cybercrime supply chain, connecting malware developers with threat actors by distributing malicious software at scale. Install brokers often use advertising networks like Spaxmedia, compromised websites or bundled software to silently install malware on victims' devices. This hands-off infection method allows cybercriminals to steal data, launch phishing campaigns, deploy ransomware and cause widespread damage to an organization's operations, finances and reputation. Any bad actor with a few hundred dollars in crypto can buy access to high-quality, polished, ready-to-install malware and launch it quickly and easily. Criminals can also purchase "malware cryptors'—tools that help evade antivirus software. They can even use install brokers to resell stolen data in bulk for low prices, creating a wholesale club for malicious actors. Holistic Digital Identities: Defending Against Cybercrime Enablement Executives must understand what they're dealing with and shift their perceptions of cybercriminals. So-called "smaller players" like those operating as Scattered Spider can be just as damaging as sophisticated state-sponsored cyberattackers, thanks to their ability to easily purchase readily available, inexpensive, plug-and-play tools. The result is a corporate cyber threat landscape that's more scalable and dangerous than ever before. The problem is that most of the attack methods used by the new wave of cyberattackers leave little to no forensic trail, which makes it hard for businesses to know they've been infiltrated until it's too late. For instance, infostealers leave no trace, allowing criminals to stealthily steal users' identity data like passwords, personally identifiable information (PII) and more. However sly the criminals are, they're generally predictable and almost always go after the same target: an organization's users. Therefore, one of the best defenses against infostealers, PhaaS and other tactics is to use data collected from known breaches and stolen data that's circulating the dark web to build holistic digital identities for your organization's users. I've previously shared insights into the need for digital identity correlation, which enables companies to identify and mitigate threats related to stolen or compromised employee data—everything from social security numbers and emails to phone and credit card numbers. Criminals see exposed users as soft targets they can easily exploit, but this approach helps businesses turn the tables. Piecing together user credentials exposed on the darknet allows businesses to make informed decisions on enabling access, resetting passwords and performing other tasks that protect individuals and the organization. They can effectively harden the soft targets against cybercriminals of all skill levels and defend against attacks. Evolving Enterprise Security To Meet The Moment Malware, phishing platforms, stolen credentials and install broker services are readily available and sold like consumer software, dramatically lowering the barrier to entry for cyberattackers. This shift has redefined the threat landscape, turning low-skill actors into legitimate threats and scaling the impact of cybercrime across industries. As the era of cybercrime enablement expands, enterprise security practices must evolve, too. Instead of focusing exclusively on perimeter defense models, organizations must understand the types of PII today's bad actors possess—and use that information against them to build strong and sustainable security postures. Forbes Technology Council is an invitation-only community for world-class CIOs, CTOs and technology executives. Do I qualify?
Globe and Mail
15-07-2025
- Business
- Globe and Mail
Joby Expands Manufacturing Capacity in California and Ohio, Adds New Aircraft to Its Fleet
Joby Aviation, Inc. (NYSE:JOBY), a company developing electric air taxis for commercial passenger service, today announced the expansion of its site in Marina, California, which will double its aircraft production capacity at that location. The total site now spans approximately 435,500 square feet and will support the scale-up of commercial operations. Joby also expanded its flight test program with the addition of a new aircraft to its growing fleet. This press release features multimedia. View the full release here: Joby's new aircraft in flight over its expanded facility in Marina, California. Courtesy of Joby Aviation. 'Reimagining urban mobility takes speed, scale, and precision manufacturing. Our expanded manufacturing footprint in both California and Ohio is preparing us to do just that,' said Eric Allison, Chief Product Officer. 'We celebrated the opening of the new facility with the flight of our sixth aircraft, which earned airworthiness certification within a week of completion.' The opening of the new manufacturing space is a big step forward as Joby gets ready to scale production and enter the market. Achieving this comes down to three key strengths: Committed to American Innovation: Drawing on top talent at its California and Ohio facilities, Joby designs, builds, and tests its aircraft in the US. Using tools like advanced data analytics and 3D printing, Joby produces components that are lighter, stronger and more flexible. With its newly expanded Marina facility, the Company plans to add hundreds of full-time jobs to support increased aircraft production. Advantage of Vertical Integration: Joby handles nearly every aspect of its aircraft and air taxi service in-house, from design and manufacturing to pilot training and operations. This vertical integration helps speed development, ensure quality, and accelerate testing and certification. It also lets Joby quickly and efficiently adapt its platform for other uses, including its hybrid hydrogen-electric propulsion testing. Close Collaboration with Toyota: Toyota engineers are deeply integrated with the Joby team, providing counsel to support Joby's work across design, manufacturing, and quality. Toyota also helps the Joby team optimize processes, streamline assembly, and offer advice related to the development of custom tooling to accelerate production. Once fully operational, the expanded Marina site is expected to be able to produce up to 24 aircraft per year, which is nearly one every other week. It will also provide key capabilities including its initial FAA production certification, conforming ground and flight testing components, pilot training simulators, and aircraft maintenance. This site strengthens Joby's broader manufacturing network, which includes three additional facilities: Santa Cruz, CA, the headquarters driving innovation and system architecture; San Carlos, CA, focused on powertrain and electronics; and Dayton, Ohio, a newly renovated facility that will manufacture and test aircraft components for Joby's Pilot Production Line. The Dayton site demonstrates the capabilities required for FAA production certification and supports the Company's plans to scale operations. Equipment installation is underway, with production ramping up to eventually build up to 500 aircraft a year at that location. Strong support from local workforce and community-based organizations, elected officials, city and county leaders, and nonprofit partners was instrumental in bringing the expanded facility to life. In 2023, Joby was awarded a $9.8 million dollar grant from the California Governor's Office of Business and Economic Development (GO-Biz) to accelerate its growth. The Company also benefited from a program through the California State Treasurer's Office, which helped reduce equipment costs by $10 million, supporting Joby's efforts to scale today and build the future of flight for tomorrow. Joby's founder and CEO JoeBen Bevirt will speak at the Reindustrialize Summit in Detroit on July 16, 2025, at 3:25 p.m. ET, highlighting the company's US-based manufacturing efforts. Follow along for updates here. About Joby Joby Aviation, Inc. (NYSE:JOBY) is a California-based transportation company developing an all-electric, vertical take-off and landing air taxi which it intends to operate as part of a fast, quiet, and convenient service in cities around the world. To learn more, visit Forward-Looking Statements This press release contains 'forward-looking statements' within the meaning of the 'safe harbor' provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to, statements regarding the development and performance of our aircraft, the growth of our manufacturing capabilities, including the expected production capacity at our Marina and Dayton facilities; our regulatory outlook, progress and timing; our business plan, objectives, goals and market opportunity; plans for, and potential benefits of, our strategic partnerships; and our current expectations relating to our business, financial condition, results of operations, prospects, capital needs and growth of our operations, including the expected benefits of our vertically-integrated business model. You can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. These statements may include words such as 'anticipate', 'estimate', 'expect', 'project', 'plan', 'intend', 'believe', 'may', 'will', 'should', 'can have', 'likely' and other words and terms of similar meaning in connection with any discussion of the timing or nature of future operating or financial performance or other events. All forward looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including: our ability to launch our air taxi service and the growth of the urban air mobility market generally; our ability to produce aircraft that meet our performance expectations in the volumes and on the timelines that we project; the competitive environment in which we operate; our future capital needs; our ability to adequately protect and enforce our intellectual property rights; our ability to effectively respond to evolving regulations and standards relating to our aircraft; our reliance on third-party suppliers and service partners; uncertainties related to our estimates of the size of the market for our service and future revenue opportunities; and other important factors discussed in the section titled 'Risk Factors' in our Annual Report on Form 10-K, filed with the Securities and Exchange Commission (the 'SEC') on February 27, 2025, our Quarterly Report on Form 10-Q filed with the SEC on May 8, 2025, and in future filings and other reports we file with or furnish to the SEC. Any such forward-looking statements represent management's estimates and beliefs as of the date of this press release. While we may elect to update such forward-looking statements at some point in the future, we disclaim any obligation to do so, even if subsequent events cause our views to change.
Forbes
10-07-2025
- Business
- Forbes
Are Your Projects Sprinting Toward Failure? Five Lessons From Running
Sarah Edwards is the Chief Product Officer at Kantata, a leading provider of Professional Services Automation (PSA) solutions. Imagine a marathon in progress. Runners flash by, muscles flexing, pushing for speed as they go the distance. But here's the real secret of marathon winners: The most important quality a runner can develop is not speed—it's consistency. In my almost 20 years of running and decades spent in project management (PM) leadership roles, I've learned a paradoxical piece of PM wisdom: Reaching the finish line for a race or a project isn't about the speed of the run. You sometimes have to go slow to go fast (and far). Here's how to shift your thinking to adopt this counterintuitive mindset. 1. Why Focusing On Speed Sacrifices Performance This 'consistency over speed' concept flies in the face of our corporate obsession with rapid execution. In the rush to deliver quick wins, a common casualty is the foundational work that ensures long-term success. The fastest project execution isn't always the best project execution. Quality outcomes require consistency and the wisdom to know when to pull back before your team falters just before the finish line. Runners know that sustainable outcomes and the best overall performance come from steady, reliable training runs, rather than sporadic bursts of intense training. The same logic applies to project management. The overarching goal in my own work is to focus on enabling our professional services customers to deliver high-quality projects to their customers, not to simply crank out projects as fast as possible. So, how do you make sure you build out a project to support consistency instead of rewarding speed? It's all about planning the right "route" from the very beginning. 2. Strategic Prep: Route Planning For Projects Before every run, I need to take several variables into account. Is it raining? (In London, where I live and run, the answer is often "yes.") Am I going to tackle a hilly route? Or work on distance over flatter terrain? What's the right challenge for my personal capacity today? Asking these kinds of questions about my environment and the goal of the run and gauging my bandwidth mirrors the critical preparation phase that separates successful projects from costly failures. Just as runners map their route to avoid unnecessary hills or dangerous intersections, project leaders must anticipate obstacles and plan alternative pathways. Of course, every project is different, depending on the team, the client and other variables. The key is developing workable plans that account for the deviations that are inevitable, while maintaining focus on the ultimate destination. To prepare for a run, I draw from my past experience and results to set realistic yet challenging training goals. In the same way, effective project management requires learning from past initiatives and applying those insights to improve forecasting accuracy—a skill that becomes increasingly valuable as projects grow in complexity and stakeholder expectations rise. 3. The Recovery Imperative Perhaps the most overlooked parallel between running and project management is the critical importance of recovery. Just as pushing too hard in running can lead to injury, overextending project resources results in team burnout and lower quality outcomes. Sustainable project delivery requires building in recovery time, both between projects and during project execution. This isn't about being lax about inefficiency; it's about maintaining the capacity for consistent, high-quality output over time. It's also helpful to build in a "reflection phase" that follows both completed runs and finished projects. This serves a dual purpose: It allows for recovery/rest while capturing lessons learned that can improve future performance. Organizations that skip this critical step often repeat costly mistakes and miss opportunities for efficiency gains. 4. Real-Time Performance Monitoring Modern runners rely on sophisticated tracking devices to monitor heart rate, pace, distance and overall condition. This data helps me to recognize patterns and adjust my training plan before problems (i.e., injuries) arise. This same principle applies to project "health" monitoring. Too often, project and portfolio health have been measured solely by timelines and budgets. But that's an incomplete picture. Truly healthy projects don't just deliver on time, they preserve the well-being of the teams delivering the work and sustain strong client relationships in the process. This is something I've been particularly focused on: how to bring that same real-time visibility runners rely on into the world of project management. Just as a smartwatch gives you constant feedback as you run, I've been leading efforts at Kantata to deliver tools that give professional services leaders a steady stream of insights to audit the impact of their projects—how clients and teams are feeling along the way. By monitoring project health metrics continuously, teams can pivot appropriately before hitting their equivalent of "the wall" that runners fear. 5. The Long Game Perspective Professional services organizations understand that client relationships are marathons, not sprints. That's why it's essential to keep your focus on quality, efficiency and outcomes. No matter how much PM technology or strategies change, one thing remains the same: Sustainable success depends on long-term client satisfaction. This perspective shift is crucial for executives leading major initiatives. The pressure to show immediate results often undermines the steady, consistent effort required for transformational change. Like distance running, successful project management requires maintaining an optimal pace that can be sustained throughout the entire journey. Lacing Up And Taking The First Step To apply these principles to your project planning, make sure you have the right technology to support your project goals, which includes the ability to audit your organization's approach to project pacing. Are teams being pushed to sprint when they should be settling into a sustainable rhythm? Is adequate time being allocated for the preparation and recovery phases? Most importantly, remember that consistency in project execution requires commitment to long-term thinking over short-term gains. Make sure stakeholders understand the importance of both. Leaders who master this balance will help their organizations ultimately complete projects faster, while also delivering better outcomes and more sustainable team performance. Forbes Technology Council is an invitation-only community for world-class CIOs, CTOs and technology executives. Do I qualify?
Bloomberg
22-05-2025
- Business
- Bloomberg
Anthropic Launches New Claude AI Models
Anthropic has rolled out new Claude 4 models with improved coding and reasoning capabilities. Mike Krieger, Anthropic's Chief Product Officer, tells Bloomberg's Ed Ludlow how the new models will improve human-AI collaboration. (Source: Bloomberg)
Phone Arena
08-05-2025
- Entertainment
- Phone Arena
The Netflix you know is about to change! Major makeover hits TV and mobile apps soon
Netflix has been testing a revamped version of its TV app since last year and it looks like the trial run was a success. Yep, the streaming giant is finally giving the green light to its fresh look. The company officially confirmed that the new TV experience is on its way and Apple TV users will be the first to get it. Starting in the coming weeks, members worldwide will get to try out the updated TV homepage, which packs several exciting changes. – Eunice Kim, Chief Product Officer at Netflix, May 2025 This is more than just a cosmetic update. Netflix is revamping how content is presented to help users find their next binge-worthy watch faster and with fewer clicks. For starters, the new layout puts key info front and center – things like '#1 in TV Shows' or 'Emmy Award Winner' will now be more visible to help you decide what to watch without digging through Search and My List shortcuts are no longer buried on the side. Netflix is moving them to the top of the screen so you can get to them without the hassle. Also, expect real-time recommendations that adapt to your current mood and preferences – not just what you watched last the homepage now has a more modern, polished feel, with a cleaner layout. Video credit – Netflix Actually, the mobile app is also getting a revamp, just not right away. Netflix is testing a new search experience powered by generative AI, starting with iOS. It is a small opt-in beta for now and it lets users search with casual phrases like 'I want something funny and upbeat.' AI will soon help you find what to watch. | Image credit – Netflix I'm curious how this will play out because, honestly, I've always enjoyed the old-school way of stumbling upon a gem while browsing. There is something satisfying about the unexpected discovery and I'm not sure AI will capture that same charm. But we will see. Short clips from shows are coming soon, too. | Image credit – Netflix And there is another test rolling out soon: a TikTok-style vertical feed filled with short clips from shows and movies. You will be able to scroll, tap to watch instantly, save to My List or share with friends. It is all about making discovery feel quick and effortless.
