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