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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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Microsegmentation Is Catching On as Key to Zero Trust

eSecurity Planet

Those findings appear in The State of Microsegmentation in Network Security , a Byos report that details the results of a Q3 2021 survey of 100 cybersecurity leaders. Still, Katz said he was surprised by the survey results regarding top microsegmentation features by demand. Also read: Top Microsegmentation Solutions.

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Think Ransomware Can’t Put You Out of Business?

Adam Levin

Manufacturing giant Honda had its networks brought to a standstill by just such an attack. In the same survey, 35 percent thought CEOs should be fined for a cyber failure, and 30 percent wanted to see a CEO lose his or her right to run any company following a serious cyber event. 1-99-employee companies are a target.

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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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Think you’re not susceptible to phishing? Think again

IT Governance

According to a PhishMe survey , many of us think that’s the case. of respondents, and a message saying the recipient was eligible for medical insurance was clicked by 39.2% of respondents, and various other celebratory e-cards and employee satisfaction surveys were opened by 17.2% Fear: 10.4%. Opportunity: 7.8%. of recipients.

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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.