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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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The Scammers’ Playbook: How Cybercriminals Get Ahold of Your Data

eSecurity Planet

Finance and insurance finished a close second at 22.4%. Finance and insurance companies were particularly vulnerable to the sort of phishing scams we’re talking about. Further reading: Best Cybersecurity Awareness Training for Employees. of cyber attacks IBM handled. Phishing attacks made up 40% of all attacks in the sector.

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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.

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Role of Big Data in Human Resource Management

AIIM

In addition to this, recruitment costs, training expenditures, productivity loss and negative reviews from clients are just a few examples of what the wrong person in the wrong place can do. Following the insurance companies’ footsteps, employers gather health-related data of their staff and candidates.

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State Attackers Moving from Stealing Data to Social Meddling

Ascent Innovations

The new cyber intelligence report expects the monetary benefits will allure the use of crypto-mining malware and cryptocurrencies by cyber attackers this year. They look to steal credit card numbers from financial services & insurance companies or install malware on the critical systems used by healthcare companies. New bad actors.

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Will Lawyers Ever Embrace Technology?: eDiscovery Best Practices, Part Four

eDiscovery Daily

Craig Ball once made a great point in responding to a post of mine about educating lawyers when he said “ We not only need to persuade lawyers to take the plunge, we need to insure there’s a pool for them to jump into. What are Some Good Resources to Help Lawyers Improve their Technology Expertise?

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Top GRC Tools & Software for 2021

eSecurity Planet

Like other competitive GRC solutions, it speeds the process of aggregating and mining data, building reports, and managing files. LogicManager is lauded for its user experience and technical training and was named a Challenger in Gartner’s 2020 Magic Quadrant for IT risk management. Insurance & claims management.