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News alert: Beazley reports on how AI, new tech distract businesses as cyber risk intensifies

The Last Watchdog

London, July 13, 2023 — Beazley, the leading specialist insurer, today published its latest Risk & Resilience report: Spotlight on: Cyber & Technology Risks 2023. For the insurance industry, working with clients to help them tackle these challenges is vital to ensuring businesses operate in as safe an environment as possible.

Risk 189
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News alert: Kovrr report reveals exposure and cost of material cyber threats — across industries

The Last Watchdog

Harnessing industry insights from previously disclosed breaches, insurance claims data, and incidents that have not been publicly disclosed, Kovrr’s models assess the likely frequency and severity of cyber breaches experienced by the included companies.

Retail 100
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The Week in Cyber Security and Data Privacy: 4 – 10 December 2023

IT Governance

Source (New) Transport USA Yes 129,611 Tcman Source (New) Manufacturing Spain Yes 108 GB (179 files) Compass Group Italia Source (New) Hospitality Italy Yes 107 GB Pan-American Life Insurance Group, Inc. Incorporated Source (Update) Insurance USA Yes 7,361 Advantis Global, Inc. and Robert W. Baird & Co.

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How IBM and AWS are partnering to deliver the promise of AI for business

IBM Big Data Hub

In today’s digital age where data stands as a prized asset, generative AI serves as the transformative tool to mine its potential. One of the largest children clothing retailer in the US utilizes this solution to streamline its complex supply chain.

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The Week in Cyber Security and Data Privacy: 29 January – 4 February 2024

IT Governance

Source 1 ; source 2 (New) Professional services USA Yes 11,556 Poder Judicial de Santa Cruz Source (New) Legal Argentina Yes 8,732 J.D.

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Prometei botnet is targeting ProxyLogon Microsoft Exchange flaws

Security Affairs

The crypto-mining has a modular structure and employes multiple techniques to infect systems and evade detection. Prometei has been observed to be active in systems across a variety of industries, including: Finance, Insurance, Retail, Manufacturing, Utilities, Travel, and Construction.” ” concludes the report.

Mining 63
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The Week in Cyber Security and Data Privacy: 1 – 7 January 2024

IT Governance

million people was compromised, including names, addresses, dates of birth, Social Security numbers, taxpayer identification numbers, medical information, health insurance information, and billing and claims information. Information relating to nearly 4.5 Data breached: 4,452,782 records. TB Gräbener Maschinentechnik GmbH & Co.