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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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A Chief Security Concern for Executive Teams

Krebs on Security

Virtually all companies like to say they take their customers’ privacy and security seriously, make it a top priority, blah blah. That’s because very few of the world’s biggest companies list any security executives in their highest ranks. banks) would have this role in their executive leadership team.

Security 210
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How IBM and AWS are partnering to deliver the promise of AI for business

IBM Big Data Hub

According to a survey by the MIT Sloan Management Review, nearly 85% of executives believe generative AI will enable their companies to obtain or sustain a competitive advantage. One of the largest children clothing retailer in the US utilizes this solution to streamline its complex supply chain.

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Data privacy examples

IBM Big Data Hub

An online retailer always gets users’ explicit consent before sharing customer data with its partners. Learn how organizations can use IBM Guardium® Data Protection software to monitor data wherever it is and enforce security policies in near real time. The agency does not collect any PII from the households it surveys.

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8 Ways to Protect Yourself against Scams on Black Friday and Cyber Monday

Adam Levin

A BBB survey conducted in August found that the majority of these scammed consumers made purchases for which they never received products. “Of Don’t click that link… According to the BBB survey, emails wasn’t the most common way scammers pilfered people’s pockets, but it does still happen. On top of that, 80.5%

Retail 95
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Global Scamdemic: Scams Become Number One Online Crime

Security Affairs

Insurance companies around the world are now suffering from phishing. Over the past year, an average of over 100 phishing websites were created per insurer. In 2020, a multi-stage scam called Rabbit Hole targeted companies’ brands, primarily retail and online services. Follow me on Twitter: @securityaffairs and Facebook.

Phishing 104
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Regulatory Update: NAIC Summer 2022 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Summer 2022 National Meeting (Summer Meeting) August 9–13, 2022. The Privacy Working Group has been reviewing state insurance privacy protections regarding the collection, ownership, use, and disclosure of information gathered in connection with insurance transactions.