Latest news with #Mosaic
Business Wire
10 hours ago
- Business
- Business Wire
Transmit Security Warns: AI Agents Are Blinding Fraud Detection Systems — And the Industry Isn't Ready
TEL AVIV, Israel & BOSTON--(BUSINESS WIRE)--Transmit Security's Blinded by the Agent research reveals a coming crisis: consumer AI agents are defeating traditional fraud detection. Enterprises are unprepared. The report details how AI agents (e.g., OpenAI ChatGPT Agent) operate on behalf of users across platforms, creating new blind spots. These agents bypass behavioral biometrics, device fingerprinting, and bot detection, which were designed for human behavior. 'If we don't act now, the rise of agentic AI will break the fraud stack as we know it," Mickey Boodaei, CEO and Co-Founder of Transmit Security. Share 'Fraud controls today were built for a world where humans click the buttons. But now, AI is clicking them for us — and the systems can't tell the difference between AI operated by legitimate users and AI operated by fraudsters,' said Mickey Boodaei, CEO and Co-Founder of Transmit Security. 'If we don't act now, the rise of agentic AI will break the fraud stack as we know it.' The report unveils a stark warning predicting: Over 60% of online traffic to retailers is already bots, not humans. AI agents acting on behalf of consumers, that number is expected to surpass 90% in the near future. Fraudsters are shifting to legitimate AI agents, effectively blinding core detection layers. Up to 500% increases in fraud losses are projected over the next few years due to breakdowns in detection. Current fraud systems are flagging legitimate agent transactions, increasing false declines and harming customer experience. Fraud teams will face 2–3 times more operational workload over the next 12–18 months, to maintain current protection 'This is not just about fraud — it's about trust,' added David Mahdi, CIO of Transmit Security. 'When the AI agent becomes your user's digital proxy, your systems must adapt. Identity, fraud, and authentication platforms need to be re-architected to recognize and verify intent — not just inputs.' K ey Insights from Blinded by the Agent: Behavioral biometrics fail when there are no human signals — a core flaw in an agent-driven world. Device fingerprinting breaks down, as AI agents run from shared cloud environments, appearing as 'new devices' in every session. Bot detection filters will blindly approve known AI agents, without visibility into who's behind them—legitimate users or fraudsters. Financial institutions and online merchants are unprepared, lacking predictive AI systems capable of detecting fraud hidden within agent-generated activity. 'We're entering a world where every customer will eventually have their own AI assistant. If your fraud and identity stack can't handle that shift, you'll either drown in false positives or be blindsided by invisible fraud,' concluded Mahdi. About Transmit Security: Transmit Security is redefining identity security by unifying identity management, authentication, fraud prevention, and identity verification in a single, resilient platform. Mosaic by Transmit Security delivers best-of-breed services — modular by design, powered by AI, and purpose-built for digital scale. Trusted by seven of the top 10 U.S. banks and Fortune 500 enterprises, Transmit Security helps organizations eliminate identity silos, close security gaps, and accelerate innovation with identity-first protection. The full report:
Boston Globe
a day ago
- Entertainment
- Boston Globe
Thomas Sayers Ellis, poet of ‘percussive prosody,' dies at 61
Get Starting Point A guide through the most important stories of the morning, delivered Monday through Friday. Enter Email Sign Up Mr. Ellis's high school nickname was Sticks, not just because he deployed them on the drums but also because he was skinny. In a poem with that title, he used the language of percussion to connect the violence he saw in his father, whose strength he revered as a child, with his own development as a writer: Advertisement I discovered writing, How words are parts of speech With beats and breaths of their own. Interjections like flams. Wham! Bam! He went on: My first attempts were filled with noise, Wild solos, violent uncontrollable blows. The page tightened like a drum Resisting the clockwise twisting Advertisement Of a handheld chrome key Poet and composer Janice Lowe, another Dark Room founder, said in an interview that Mr. Ellis's work was 'very much rooted in musicality, in all kinds of Black musical and linguistic traditions and in the way people play with language.' She added, 'It can fly you into the surreal, into jazz or film, or root you in something familial -- whatever he was dialoguing with -- but it never rests, never stays in the familiar. It always travels and transforms and transgresses.' Mr. Ellis was prone to linguistic pyrotechnics, both on and off the page. He was an omnivorous reader of the literary canon and an avid book collector, particularly of those writers not yet in the canon, notably people of color. He was also a film, poetry, and music buff whose interests ranged from Gertrude Stein and French New Wave films to Bootsy Collins and George Clinton. In 1986, he was living in a Victorian house in Cambridge, with poet Sharan Strange and others when he and Strange began putting together a library of works by Black authors of the diaspora. They housed it in a former darkroom on the third floor, and they called the collection 'The Dark Room,' a name they liked as a pun for a room full of 'Black books,' as Strange wrote in an essay for the literary magazine Mosaic in 2006. When James Baldwin died the next year, Mr. Ellis, Strange and their housemates made a pilgrimage to his funeral in New York City. It was a heady literary event -- Toni Morrison, William Styron, Maya Angelou, and Amiri Baraka all delivered eulogies -- and it galvanized them to create a collective that would honor and support writers of color. They already had a name, the Dark Room, and, with Lowe, they began to host readings in their living room. Advertisement They were electric events, with music and art installations, and everyone wanted in. Alice Walker called and asked to read. Derek Walcott, the Caribbean-born Nobel Prize winner, read, and so did Michael S. Harper, the poet laureate of Rhode Island. The collective grew to include, among many others, Kevin Young, now the poetry editor of The New Yorker, and Pulitzer Prize winners Tracy K. Smith and Natasha Trethewey, the country's poet laureate from 2012 to 2014. Jeff Gordinier, writing in The New York Times in 2014, called the Dark Room 'a flash of literary lightning' akin to the Beat poets and the Black Arts Movement. The collective lasted, in various forms, until 1998, and the members held reunions in subsequent years. 'You need other people who think like you, maybe, who read like you, maybe, who walk and breathe like you, maybe,' Mr. Ellis told an audience in Santa Fe in 2013 during one reunion tour. 'You think you're adding something that's needed, that you don't see. There's something about that, that never ends, no matter who you are and where you are.' In a poem that Mr. Ellis titled 'T.A.P.O.A.F.O.M. (The Awesome Power of a Fully-Operational Memory),' he wrote: Memory, Walcott says, moves backwards. If this is true, your memory is a mothership minus the disco-sadistic silver all stars need to shine. Tell the world. A positive nuisance. Da bomb. When that poem was included in 'The Best American Poetry 2001,' he had this to say about it, in an author's note: Advertisement 'In the poem, I am working on my own brand of literary activism, which I call Genuine Negro Heroism. Genuine Negro Heroism (GNH) is the opposite of HNIC (Head Negro In Charge), and incorporates pee-pure modes of black freak, black folk, and black soul behavior.' Thomas Sayers Ellis was born Oct. 5, 1963, in Washington. His mother, Jeannette (Forbes) Ellis, managed a restaurant; his father, Thomas Ellis, was a pipe mechanic. Thomas Ellis attended Dunbar High School but spent much of his time at the city's block parties and go-go clubs. His girlfriend at the time, Sandra Andrews, gave birth to his son, Finn, when he was 17 and she was 19. Mr. Ellis attended Alabama State University on a scholarship and then moved to Cambridge, where he took classes at Harvard with poet Seamus Heaney. 'In a city where everybody acts like they've read everything,' poet and publisher Askold Melnyczuk said of Cambridge, 'he actually had.' Melnyczuk was an early booster of Mr. Ellis's; he included his work in 'Take Three: Agni New Poets Series' (1996), which he edited. In addition to 'The Maverick Room,' Mr. Ellis was the author of the chapbook 'The Genuine Negro Hero' (2001), 'Skin Inc.: Identity Repair Poems' (2010), and 'Crank Shaped Notes' (2021), a collection of poems, essays and photos about the go-go music he loved. Mr. Ellis, who had taken photos since his go-go days, was a sharp street and portrait photographer. He earned a master of fine arts from Brown University in 1995. He taught at Case Western Reserve University in Cleveland and Sarah Lawrence College in Bronxville, N.Y., among other institutions, and earned numerous awards and fellowships, including a Guggenheim. Advertisement In 2014, he and jazz saxophonist James Brandon Lewis formed a band they called Heroes Are Gang Leaders, after a chapter in Amiri Baraka's 1967 collection of short fiction, 'Tales.' Playing an enticing mashup of poetry, jazz, funk and more, the group swelled to 12 members and performed with such guests as Thurston Moore of Sonic Youth, singer and poet Lydia Lunch, and jazz bassist William Parker. Mr. Ellis and Lewis often squabbled during rehearsals. Mr. Ellis had a habit of recording jam sessions and then memorizing the music, and he was annoyed when they weren't later reproduced, down to the note. 'His memory was phenomenal, and he'd get so irritated,' Lewis said in an interview. 'I'd say: 'Thomas, we're improvising. We're not supposed to be memorizing.'' In addition to his son, Andrews, Mr. Ellis leaves a brother, James; four grandchildren; and one great-granddaughter. In early 2016, a year before the #MeToo movement took off, Mr. Ellis was a visiting professor at the Iowa Writers' Workshop when a women's literary group known as Vida published, online, a collection of anonymous accounts of what it said was sexual misconduct by Mr. Ellis. His classes were canceled, and Jia Tolentino, writing in Jezebel, reported on the Vida post and its ethics in an article headlined 'Is This the End of the Era of the Important, Inappropriate Literary Man?' The New Republic picked up the story, as fodder for a piece about the workshop's reputation for the bad behavior of its male professors. For his part, Mr. Ellis made no public comment about the incident. Soon after, he moved to St. Petersburg, and he was named the city's first photo laureate in 2023. Advertisement 'Language is always changing,' Mr. Ellis told The Missoula Independent, a weekly independent newspaper in Montana, in 2009. 'Language is not finished. Language is the thing that if you stay connected to it like I do, eat it enough, carry it with you enough, it will rejuvenate you. 'I don't mean 'save you' in a religious sense, but it will save you from a certain kind of dogma or mundane, boring existence.' This article originally appeared in
Al-Ahram Weekly
2 days ago
- Entertainment
- Al-Ahram Weekly
Khaled Selim and Hisham Kharma conclude the Summer Festival for Music and Singing in Alexandria
Beit Al-Seheimi Al-Moez St, Al-Darb Al Asfar Alley, Al-Gamaleya District, Tel 02 2787 8865 Every Sunday, 7.30pm (Free entry): The Nile Troupe for Folk Instruments, founded by artist Zakariya El-Hagawy, performs dances and songs from Upper Egypt on mizmar, tabla and other traditional musical instruments. Every Friday, 8pm (Free entry): 'Alaragouz wa Khayal Al-Zel' (The Karakouz and The Shadow Puppet), a free public performance by clowns in Al-Muaaz Street, presented by Wamda and directed by its founder and scripter Nabil Bahgat. Al-Ghouri Dome 111 Al-Azhar St, Al-Ghouriya, Tel 02 2506 0227 Al-Tanoura whirling dervishes perform to live Sufi music (Performances every Sat and Wed, 7pm). Thurs 31, 8pm: Mosaic band features violina player Mohamed Sharara performs a selection of Arab and international compositions. Makan 1 Saad Zaghloul St, Al-Mounira, Cairo, Tel 2792 0878 Every Tuesday, 8pm: Mawawil features vocalists Hend and Sara in a repertoire of traditional music of the Nile Delta, Al Jaafra music played by Arab Tribes from Aswan and Nass Makan band. Every Wednesday, 8pm: Zar music and songs by Mazaher ensemble featuring Umm Sameh, Umm Hassan and Nour Al-Sabah. Rawabet Art Space 5 Hussien Pasha El-Meaamar St. ext. of Mahmoud Bassiouny St, Maarouf, Qasr El Nil, Downtown Thurs 31, 8pm: 'Shawshy Time' is a crowd work special, every show has a topic and discuss it in a way that's entertaining, balancing between laughter and storytelling. Nothing is prepared in advance, the show is completely on the spot, based on audience interaction and Amgad Shawshi and that makes each show different than the ones before it. Room Art Space & Café 10 Etihad Al Mohamin, Garden City, Tel 01000 068 159 Thurs 31, 8pm: Shady El-Qasseer live in concert featuring vocalist Noha Fekry. Fri 1 August, 8pm: 'Living Show' a unique comedic experience because the audience will sit as if he is sitting at home with his friends, where the audience is the heart of the show in an unforgettable evening full of surprises and laughter. Sat 2, 8pm: Nostalgic night by Ezzo, an Egyptian singer, songwriter and actor who specializes in Arabic singing in the oriental, pop and several other genres. Tues 5, 8pm: Karaoke night. The Spot mall, infront of AUC Gate 4, New Cairo Sun 3, 9pm: Pedro open mic. Mon 4, 9pm: Ahmad Ali El-Haggar is an Egyptian musician performing original music as well as covers of Classic Egyptian songs. Tues 5, 9pm: Paranoid Eyes is an Egyptian Pink Floyd tribute that revives Pink Floyd's music in Egypt. Wed 6 and Thurs 7, 9pm: Karaoke night. El Sawy Culturewheel End of 26th of July St, underneath the 15th of May Bridge, Zamalek, Tel 2736 8881/6178/2737 4448 El Sawy's Nile University branch El Sheikh Zayed Thurs 31, 8pm: Massar Egbari band. Wisdom Hall Tues 5 August, 8pm: Carnivalia X Crashendo. Thurs 6.30 and 8.30pm: El Sawy Culturewheel Puppet Theatre show revives the concerts of Umm Kolthoum performing two of her much-loved songs. Teatro Arkan Arkan Plaza, El-Sheikh Zayed, Giza, Egypt Thurs 31, 8pm: Iron Tawfeeq is bringing you the final episode of his hit comedy show 'Dah Video Beyedhak' (this is a comic video). Thurs 7 August, 8pm: For the last time, comedian Ahmed Khairy will perform his one-hour stand-up comedy show, 'Made in Egypt'. He promises an unforgettable night full of laughter and surprises. ALEXANDRIA Alexandria International Stadium 12 Omar Tosoun St, Qesm Bab Sharky, Alexandria The Summer Festival for Music and Singing (27-31 July 2025) Thurs 31, 9pm: Musical composer Hisham Kharma (10pm) Super star singer Khaled Selim and his band. Anfoushi Culture Palace 59 Kasr Al Tin, Ras Al Tin, Al Gomrok, Alexandria Thurs 7, 8pm: Tablet Elsitt band is back with a brand-new show full of art, folklore, and authentic eastern rhythms. Bibliotheca Alexandrina Chatby, Alexandria 21526, Tel (03) 4839999 The 22nd International Summer Festival (7-31 August) Conference Centre Main Hall Thurs 7, 8.30pm: The opening concert of the festival features super star singer Medhat Saleh, accompanied by his band, conducted by pianist Amr Selim. Tickets for the festival concerts are sold exclusively through the BA ticket sales outlet, BA's official online booking link: * A version of this article appears in print in the 6 August, 2025 edition of Al-Ahram Weekly Follow us on: Facebook Instagram Whatsapp Short link:
Finextra
7 days ago
- Business
- Finextra
Mosaic launches cyber insurance for digital assets companies
Mosaic Insurance has entered the digital asset market, launching a combined cyber and financial institutions (FI) crime product that provides robust protection to the rapidly growing, yet historically underserved sector. 0 This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. The new modular product suite offers stand-alone or blended coverage across cyber, technology errors and omissions (E&O), and crime—tailored to complex, evolving risks faced by digital asset businesses. The solution provides up to £/$/€10 million in capacity for cyber and tech, and up to £/$/€5 million for crime exposures, underwritten via Mosaic's worldwide agency network on behalf of its Lloyd's Syndicate 1609 and backed by its A+-rated global carrier partners. The solution is designed for a broad spectrum of digital asset clients, spanning fast-growing innovators to mature market participants and including exchanges, custodians, trading platforms, blockchain analytics firms, miners, exchange-traded funds (ETF) structures, real world asset (RWA) platforms, and wallet providers. These businesses have often faced fragmented market responses, with narrow cover, limited capacity, or declinations driven by perceived volatility or regulatory uncertainty. 'Mosaic is bringing the first comprehensive Lloyd's A+-rated cyber, tech E&O, and crime capacity to the digital asset space—it's a true differentiator, delivering a level of trust and financial strength that has been lacking in this space,' said Brian Bonkoski, Global Head of Cyber at Mosaic. 'With global regulatory licences and underwriting hubs in London, the US, Bermuda, Canada, Europe, Dubai, and Singapore, we offer seamless coverage to clients, regardless of domicile or the jurisdictions they serve.' Line sizes and policy structure mirror those accessible to Mosaic's non-digital asset clients and the product offers cyber, tech, and crime coverage from a single underwriting platform, removing common coverage gaps. The launch is underpinned by Mosaic's first strategic partnership in the sector with Native, a specialist broker in digital assets. Through the 'Native Risk Collective,' companies which integrate approved vendors and services that materially improve their risk posture can access enhanced coverage and more competitive premiums. The collaboration reflects Mosaic's commitment to forming sustainable partnerships that advance insurance solutions for emerging industries. 'Digital asset clients have long needed insurance that understands their risks, offers meaningful capacity, and brings a long-term view,' said Mosaic's Kieran Quigley, VP, Underwriter, Cyber, who spearheaded the firm's entry into the sector. 'We've listened to clients and brokers and built solutions that reflect the ambition and growing sophistication of this space. We're proud to support innovators driving the next wave of global economic change.' 'The market's been calling for a smarter, joined-up approach to underwriting digital asset risk,' added Tom Dilley, Global Head of Financial Institutions for Mosaic. 'Mosaic is answering that call with a credible, thoughtful solution.' Cyber and financial institutions liability are two of seven lines of specialty business at Mosaic; the others include environmental liability, transactional liability, political risk, political violence, and professional liability.
Yahoo
24-07-2025
- Business
- Yahoo
The Mosaic Company (MOS): A Bull Case Theory
We came across a bullish thesis on The Mosaic Company on VantagePointAI's Substack. In this article, we will summarize the bulls' thesis on MOS. The Mosaic Company's share was trading at $35.27 as of July 17th. MOS's trailing and forward P/E were 30.41 and 11.82, respectively according to Yahoo Finance. A farmer carrying a bag of fertilized over his shoulder signifying the fertilizers the company produces. Mosaic (NYSE: MOS) is no longer just a traditional fertilizer producer; it has evolved into a strategically vital player at the intersection of food security, macroeconomics, and innovation. Headquartered in Tampa with operations spanning the U.S., Canada, and Brazil, Mosaic is the largest U.S. producer of phosphate and potash fertilizers, supplying over 40 countries. Its transformation is driven by modernization efforts, including automation, digital agriculture solutions, and high-value products like MicroEssentials smart fertilizers, which enhance nutrient absorption. Q1 2025 results showcased this momentum, with net income surging 429% year-over-year to $238 million and adjusted EBITDA reaching $544 million, fueled by strong Brazilian operations and efficiency gains. Mosaic is a third of the way through a $150 million cost-saving program while expanding Mosaic Biosciences, its biologicals arm, which recently launched Neptunion, a green fertilizer in China. Additional diversification comes from animal feed and industrial phosphate derivatives, non-cyclical businesses that complement its core offerings. Despite a forward P/E of 12.65, well below sector and historical averages, MOS faces risks from volatile fertilizer pricing, trade policy, currency fluctuations, and environmental regulation, amplified by a beta of 1.47. However, its global footprint, long-term supply chain partnerships, and focus on innovation position it to capitalize on agriculture's shift toward sustainable and precision farming. Analysts' 12-month price targets, ranging from $30 to $46, highlight elevated but structured uncertainty, presenting upside potential. In a world where agriculture is becoming greener and more technology-driven, Mosaic offers a compelling, undervalued investment opportunity with asymmetric risk/reward for those able to navigate its volatility. Previously we covered a bullish thesis on Corteva, Inc. (CTVA) by Business Model Mastery in April 2025, which highlighted its extensive IP portfolio, high-margin trait licensing, and integrated digital farming platform driving sustainable growth. The company's stock price has appreciated approximately by 18.39% since our coverage. This is because the thesis played out with expanding biologicals and digital adoption. VantagePointAI shares a similar but emphasizes Mosaic's modernization, biologicals push, and food security leverage. The Mosaic Company is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 48 hedge fund portfolios held MOS at the end of the first quarter which was 41 in the previous quarter. While we acknowledge the potential of MOS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
