Insurance CROs are optimistic about their ability to shore up their operational defenses in 2024 despite global economic headwinds, and complex emerging risks, EY/IIF survey finds
The rise of generative AI and Large Language Models (LLMs) heralds a new era in cyber risk, potentially enabling more effective and widespread cyber-attacks, warns a recent report from Lloyd’s.
AI isn’t just being used by the good guys. As cybercriminals incorporate AI tools into their arsenals, organizations must ramp up their mitigation and response plans.
Bad actors continue to be just that — bad — but with the right prevention and mitigation strategies, insureds can put up a stout fight against cyber intrusions.
SonicWall’s 2024 report reveals escalating cyber threats, highlighting the critical role of managed service providers in bolstering cybersecurity defenses.
As cyber threats rise, global cyber insurance premiums could hit $23 billion by 2025, and U.S. businesses are expected to shoulder over half of that cost.
Navigating the volatile cyber insurance market, insurers face a challenging landscape of rapid growth, unpredictable threats, and unsustainable pricing models.
In this fictive scenario, a burgeoning small town bakery is hit with a ransomware attack demanding Bitcoin payments… or else. But when this baker pays, no questions asked, she soon learns that maybe asking a question or two could have benefited her business.
A growing number of lawsuits are being filed across the U.S. for alleged violations of the 1988 Video Privacy Protection Act by a range of entities from news and media outlets to digital health providers. Cyber insurers are paying close attention to these judgments, as they may influence privacy claims for years to come.
The battery energy storage system industry may just be one of the fastest-growing industries today. But cyber risks still weigh heavy on BESS owners and operators.
This fictive scenario sees U.S. public schools falling victim time and time again to elaborate social engineering schemes concocted by dastardly cybercriminals. But the fiction only goes so deep when looked at in reality.