American Express invests in Israeli cyber firm Zafran as financial sector faces new AI risks

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American Express, through Amex Ventures, has invested several million dollars in Israeli cybersecurity company Zafran Security. This investment extends a recent $60 million funding round, bringing Zafran’s total raised to $130 million. Zafran, founded in 2022, provides a platform to coordinate complex security programs, helping organizations identify and mitigate risks in increasingly interconnected financial systems.

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