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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 161
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Finance sector must simplify staff awareness training

IT Governance

In a report published last month , the FCA urged organisations to tackle staff awareness training at all levels, and to ensure the lessons are simple and appropriate to the environment that employees work in. Organisations need to make staff awareness training a board-level priority. Staff awareness training is a crucial part of this.

Retail 66
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Mainframes, Freight Trains and Education Pains

Rocket Software

You use a freight train. I’ve seen what those “why are we doing this” folks, who now are in middle and upper management, have done trying to make pickup trucks do what trains were made for. The post Mainframes, Freight Trains and Education Pains appeared first on The Rocket Software Blog. That’s a mainframe.”.

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The most valuable AI use cases for business

IBM Big Data Hub

But right now, pure AI can be programmed for many tasks that require thought and intelligence , as long as that intelligence can be gathered digitally and used to train an AI system. Generative AI can produce high-quality text, images and other content based on the data used for training. We’re all amazed by what AI can do.

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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 UK forex customers Source (New) Finance UK Yes 1,001,214 A.N.S.

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The Week in Cyber Security and Data Privacy: 26 February – 3 March 2024

IT Governance

TB Turtlemint Source (New) Insurance India Yes 1,800,000 Chunghwa Telecom Source (New) Telecoms Taiwan Yes 1.7 TB LDLC Source (New) Retail France Yes 1,500,000 APROA Source (New) Professional services Argentina Yes 1,197,562 Petrus Resources Ltd.

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The Week in Cyber Security and Data Privacy: 15 – 21 January 2024

IT Governance

Known records breached Naz.API (likely belonging to multiple organisations) Source (New) Unknown Unknown Yes 70,840,771 VF Corporation Source 1 ; source 2 (Update) Retail USA Yes 35,500,000 Pastelería Mozart Source (New) Hospitality Chile Yes 10,870,524 Foxsemicon Integrated Technology, Inc. Organisation(s) Sector Location Data breached?