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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 180
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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 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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Finance sector must simplify staff awareness training

IT Governance

Financial services firms must do more to educate employees about cyber security, according to the FCA (Financial Conduct Authority). 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.

Retail 62
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Conversational AI use cases for enterprises

IBM Big Data Hub

DL models can improve over time through further training and exposure to more data. HR and internal processes: Conversational AI applications streamline HR operations by addressing FAQs quickly, facilitating smooth and personalized employee onboarding, and enhancing employee training programs. AI training is a continuous process.

Analytics 111
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Record Retention Policy for Businesses: A Strategic Guide to Compliance and Efficiency

Armstrong Archives

For instance, a small healthcare provider would need to retain patient records for a different duration than a retail business would need to keep sales invoices. Training Staff on Record Retention Policy Employees at all levels should understand the importance of adhering to the company’s record retention policy.

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CyberheistNews Vol 12 #49 [Keep An Eye Out] Beware of New Holiday Gift Card Scams

KnowBe4

Live Demo] Ridiculously Easy Security Awareness Training and Phishing. Old-school awareness training does not hack it anymore. Join us TOMORROW, Wednesday, December 7 @ 2:00 PM (ET) , for a live demo of how KnowBe4 introduces a new-school approach to security awareness training and simulated phishing. Did You Know? Save My Spot!