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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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Government survey reveals GDPR awareness is falling short

IT Governance

The Cyber Security Breaches Survey 2018 from the Department for Digital, Culture, Media and Sport (DCMS) has revealed that only 38% of businesses and 44% of charities have heard of the General Data Protection Regulation (GDPR). The industries with the least awareness were construction (25%) and production and manufacturing (27%).

GDPR 63
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The Week in Cyber Security and Data Privacy: 1 – 7 April 2024

IT Governance

Other databases contained health insurance data, such as patents’ names, dates of birth, addresses and medical data. TB Allium UPI, UAB, Apotheka, Apotheka Beauty and PetCity Source (New) Manufacturing Estonia Yes 1,190,000 Aero Dynamic Machining, Inc. Source (New) Manufacturing USA Yes 1.1 million patients and 1.6

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The Week in Cyber Security and Data Privacy: 22 – 28 January 2024

IT Governance

Source (New) Retail USA Yes 2,588,849 Keenan & Associates Source 1 ; source 2 (Update) Insurance USA Yes 1,509,616 AGC Group Source (New) Manufacturing Japan Yes 1.5 TB Four Hands Source (New) Manufacturing USA Yes 1.5 TB Four Hands Source (New) Manufacturing USA Yes 1.5 Source (New) Non-profit USA Yes 25,908.62

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2024 State of Cybersecurity: Reports of More Threats & Prioritization Issues

eSecurity Planet

The 2023 vendor surveys arriving this quarter paint a picture of a cybersecurity landscape under attack, with priority issues affecting deployment, alert response, and exposed vulnerabilities. The vendor surveys report that: Cisco: Analyzed that 35% of all attacks in 2023 were ransomware. . +30% 60% of all breaches come from the USA.

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62% of organisations unaware of the GDPR

IT Governance

There is an alarming lack of awareness across all industries about the EU General Data Protection Regulation (GDPR) , according to a government survey. The survey split respondents into businesses and charities. Construction (25%) and the production and manufacturing (27%) sectors are among the least aware of the GDPR.

GDPR 63
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Getting ready for artificial general intelligence with examples

IBM Big Data Hub

According to Andreessen Horowitz (link resides outside IBM.com ) , in 2023, the average spend on foundation model application programming interfaces (APIs), self-hosting and fine-tuning models across surveyed companies reached USD 7 million. 46% of survey respondents in 2024 showed a preference for open source models.