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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. trillion by 2025, a 300% increase since 2015 1. Beazley’s underwriters in the United States focus on writing a range of specialist insurance products.

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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. The global AI market is projected to grow to USD 190 billion by 2025, increasing at a compound annual growth rate (CAGR) of 36.62% from 2022, according to Markets and Markets.

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What is a Cyberattack? Types and Defenses

eSecurity Planet

Cisco Umbrella , analyzing the threat environment for 2022, found that 86% of organizations experienced phishing, 69% experienced unsolicited crypto mining, 50% were affected by ransomware, and 48% experienced some form of information-stealing malware. Capital markets, insurance, financial services, and banking are now online.