Remove Artificial Intelligence Remove Data breaches Remove Financial Services
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CyberSecurity Is Not Enough: Businesses Must Insure Against Cyber Losses

Joseph Steinberg

The impact of deficient protection is clear: research shows that over a third (and possibly as many as two thirds) of smaller businesses that suffer serious data breaches go out of business within a year of the breach, and as a direct result of it.

Insurance 364
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16 billion passwords leaked across Apple, Google, more: What to know and how to protect yourself

Zero Day

Close Home Tech Security 16 billion passwords leaked across Apple, Google, more: What to know and how to protect yourself Wondering if your information is posted online from a data breach? PT Moor Studio/Getty With so much news about data breaches, you have to be careful not to panic each time you hear of a new one.

Passwords 101
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Heard about the 16 billion passwords leak? Here are the facts and how to protect yourself

Zero Day

Here are the facts and how to protect yourself Wondering if your information is posted online from a data breach? PT Moor Studio/Getty With so much news about data breaches, you have to be careful not to panic each time you hear of a new one. Here's how to check if your accounts are at risk and what to do next.

Passwords 106
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Resecurity Released a 2024 Cyber Threat Landscape Forecast

Security Affairs

Securities and Exchange Commission regulations are expected to fuel heightened interest among malicious actors in orchestrating network intrusions and data breaches within these entities. Recent U.S.

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US Treasury Warns of Cybersecurity Risks AI Poses to Financial Sector

SecureWorld News

Department of Treasury on March 27th released a report titled "Managing Artificial Intelligence-Specific Cybersecurity Risks in the Financial Services Sector." The report highlights the growing concern around artificial intelligence (AI) and its potential to introduce new cybersecurity threats to the financial industry.

Risk 106
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Cyber-Liability Insurance 101: First Party Vs. Third Party Risks

Joseph Steinberg

First-party insurance, therefore, typically covers the costs of actions needed after a data breach, extortion, ransomware attack, or other hacker malfeasance. First-party insurers may also pay ransomware ransoms, for the costs of notifying customers of a data breach, and for lost business during incident-related downtime.

Insurance 141
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Top 6 Compliance Management Tools for Financial Services

Centraleyes

The financial services industry is arguably one of the most highly regulated sectors worldwide. This is due to the sensitivity of the data handled, the potential for widespread economic disruption, and the industrys central role in global financial stability. Top Compliance Management Solutions for the Financial Sector 1.