Will hackers use your own AI against you?
Businesses have spent years asking what AI can do for their employees. Fewer have asked what it would do for an intruder inside an employee’s account.
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Standex International Corporation has dished up a hot deal, buying all outstanding shares of Associated American Industries, a subsidiary of Dallas, Texas-based APW Wyott that specializes in “hot side” cooking products for small restaurants and convenience stores.
The deal is valued at $84 million.
This was an important strategic move for the Salem-based diversified products company, which had little presence in the hot side food service sector.
Roger Fix, Standex president and chief executive officer, said, “Our significantly expanded presence in the hot side of the market is very complementary to our existing operations as both sides of the market sell to the same customers. The hot side of the market also offers greater opportunities to capitalize on market demand through technology and product innovation.”
In 2006, AAI generated revenues of $72 million. — CINDY KIBBE
Businesses have spent years asking what AI can do for their employees. Fewer have asked what it would do for an intruder inside an employee’s account.
Many companies fall into the trap of innovation without realizing that not passing a data security audit will stall a deal right in its tracks.
Laws in other states, including in New Hampshire, are being used to hold businesses liable for their use of website tracking technologies
Getting cybersecurity wrong costs millions of dollars, customer trust, and sometimes the business itself.
The Sylvania brand celebrated 125 years of bringing light into the world with a Sept. 24 event at its plant in Hillsborough. The plant on West Main Street, which produces automotive lighting products for original equipment manufacturers and the aftermarket, is the last major automotive aftermarket lighting plant in the country.
Cybersecurity requires a mix of technical depth, real-world experience, and the ability to think critically under pressure. That combination takes time to build, and most companies are competing for the same relatively small pool of proven talent.
Prompt injection is the AI era's version of social engineering, and it's already happening in the wild. If you're deploying AI tools in your organization and haven't thought seriously about this, you should.
Strong cybersecurity can also boost business valuations and inspire buyer confidence. Both sides of the transaction should treat cybersecurity as a key factor in building enterprise value.
Permitting and construction of new homes is up, but it’s still at historic lows and not enough to keep up with demand. The recent housing production is mostly single-family, with a smattering of multi-family developments but relatively few duplexes, triplexes and fourplexes.