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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.

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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.

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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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FIN8 group used a previously undetected Sardonic backdoor in a recent attack

Security Affairs

The group focuses on organizations in the insurance, retail, technology, and chemical industries in the U.S., Tune the e-mail security solution to automatically discard malicious or suspicious attachments. Integrate threat intelligence into existing SIEM or security controls for relevant Indicators of Compromise.

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

Armstrong Archives

No matter the size of a business, a well-defined record retention policy serves multiple purposes: ensuring compliance with legal and regulatory requirements, aiding in efficient document management, and securing sensitive information. Training should cover how to classify, store, and eventually dispose of records according to the policy.

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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.

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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?