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IoT devices in the workplace increase cyber risks, making it easier for threat actors to access secured systems.
AI-related insurance fraud with "shallowfakes" is up by 300%, according to Allianz UK.
Financial losses from these cybercrimes increased from $3.5 billion in 2019 to $12.5 billion in 2023.
AI can enhance predictions for floods, earthquakes and hurricanes for better disaster response and recovery.
Executives at ILTA Evolve 2024 discuss cybersecurity issues, generative AI, cyber insurance challenges and more.
AI has given threat actors a leg up in deepfake technology, costing one company $26.5 million.
Legacy technology at Change Healthcare was missing multifactor authentication, giving cybercriminals an easy way in.
For now, the onus is on insurers and insurtech companies to ensure AI does not cross ethical boundaries.
No business is too small to fall victim to cybercriminals, says Sam Shay of Socotra.
Analysis of NHTSA data shows these states have the most crash-related Gen Z deaths.
{ "author": { "name": "Ashley Hattle-Cleminshaw", "webUrl": "/author/profile/ashley-hattlecleminshaw/", "description": "<div id=\"about_the_author\" class=\"author-bio\">\r\n<div class=\"row\">\r\n<div class=\"col-lg-12 col-sm-12 col-xs-12\">\r\n\r\nAshley Hattle-Cleminshaw serves as ALM's PropertyCasualty360 Senior Editor. She brings 10 years of experience in journalism and communications to the editorial team. Reach her by sending an e-mail to <em><strong>[email protected].</strong></em>\r\n\r\n</div>\r\n</div>\r\n</div>", "imageLarge": "https://secure.gravatar.com/avatar/bb3e7cc75eee5c1743d699386654d91e?s=136&d=mm&r=g", "estimate": 56, "social": [ { "network": "twitter", "value": "" }, { "network": "linkedin", "value": "" }, { "network": "facebook", "value": "" }, { "network": "googlePlus", "value": "" } ], "articles": [ { "uri": "/2024/05/09/are-iot-devices-the-weakest-link-in-cybersecurity/", "title": "Are IoT devices the weakest link in cybersecurity?", "byline": "Ashley Hattle-Cleminshaw", "kicker": "News", "prettyDate": "May 09, 2024", "timeToRead": "4 minute", "image": { "uri": "https://images.propertycasualty360.com/contrib/content/uploads/sites/414/2024/05/Digital-Transformation-767x633.jpg", "width": "767", "height": "633" }, "authors": [ { "webUrl": "/author/profile/ashley-hattlecleminshaw/", "name": "Ashley Hattle-Cleminshaw" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "IoT devices in the workplace increase cyber risks, making it easier for threat actors to access secured systems.", "body": null }, { "uri": "/2024/05/08/fraudsters-using-ai-to-manipulate-images-for-false-claims/", "title": "Fraudsters using AI to manipulate images for false claims", "byline": "Ashley Hattle-Cleminshaw", "kicker": "News", "prettyDate": "May 08, 2024", "timeToRead": "3 minute", "image": { "uri": "https://images.propertycasualty360.com/contrib/content/uploads/sites/414/2024/05/Car-Crash_2-767x633.jpg", "width": "767", "height": "633" }, "authors": [ { "webUrl": "/author/profile/ashley-hattlecleminshaw/", "name": "Ashley Hattle-Cleminshaw" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "AI-related insurance fraud with \"shallowfakes\" is up by 300%, according to Allianz UK.", "body": null }, { "uri": "/2024/05/08/top-5-types-of-cybercrimes-and-how-theyve-evolved/", "title": "Top 5 types of cybercrimes and how they've evolved", "byline": "Ashley Hattle-Cleminshaw", "kicker": "Slideshow", "prettyDate": "May 08, 2024", "timeToRead": "2 minute", "image": { "uri": "https://images.propertycasualty360.com/contrib/content/uploads/sites/414/2024/05/Rackmount-LED-Console-Server-Room-767x633.jpg", "width": "767", "height": "633" }, "authors": [ { "webUrl": "/author/profile/ashley-hattlecleminshaw/", "name": "Ashley Hattle-Cleminshaw" } ], "kickerNode": [ { "uri": "/slideshow/", "sectionName": "Slideshow" } ], "summary": "Financial losses from these cybercrimes increased from $3.5 billion in 2019 to $12.5 billion in 2023.", "body": null }, { "uri": "/2024/05/07/study-shows-ai-may-mitigate-increasing-natcat-insured-losses/", "title": "Study shows AI may mitigate increasing NAT CAT insured losses", "byline": "Ashley Hattle-Cleminshaw", "kicker": "News", "prettyDate": "May 07, 2024", "timeToRead": "3 minute", "image": { "uri": "https://images.propertycasualty360.com/contrib/content/uploads/sites/414/2024/05/Group-Of-Hands-Holding-Umbrellas-767x633.jpg", "width": "767", "height": "633" }, "authors": [ { "webUrl": "/author/profile/ashley-hattlecleminshaw/", "name": "Ashley Hattle-Cleminshaw" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "AI can enhance predictions for floods, earthquakes and hurricanes for better disaster response and recovery.", "body": null }, { "uri": "/2024/05/07/overheard-at-2024-ilta-evolve-cybersecurity-generative-ai-and-all-its-curiosities-414-253479/", "title": "2024 ILTA Evolve panel: Cybersecurity, generative AI and all its curiosities", "byline": "Isha Marathe", "kicker": "News", "prettyDate": "May 07, 2024", "timeToRead": "5 minute", "image": { "uri": "https://images.propertycasualty360.com/contrib/content/uploads/sites/414/2024/05/Ilta-Evolve2-767x633.jpg", "width": "767", "height": "633" }, "authors": [ { "webUrl": "/author/profile/isha-marathe/", "name": "Isha Marathe" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "Executives at ILTA Evolve 2024 discuss cybersecurity issues, generative AI, cyber insurance challenges and more.", "body": null }, { "uri": "/2024/05/06/deepfake-ai-can-hoodwink-savvy-business-leaders-and-employees/", "title": "Deepfake AI can hoodwink savvy business leaders and employees", "byline": "Ashley Hattle-Cleminshaw", "kicker": "News", "prettyDate": "May 06, 2024", "timeToRead": "4 minute", "image": { "uri": "https://images.propertycasualty360.com/contrib/content/uploads/sites/414/2024/05/creative-technology-concept-767x633.jpg", "width": "768", "height": "633" }, "authors": [ { "webUrl": "/author/profile/ashley-hattlecleminshaw/", "name": "Ashley Hattle-Cleminshaw" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "AI has given threat actors a leg up in deepfake technology, costing one company $26.5 million.", "body": null }, { "uri": "/2024/05/03/senators-blast-unitedhealth-ceo-for-lackluster-cybersecurity-monopoly/", "title": "Senators blast UnitedHealth CEO for lackluster cybersecurity, monopoly", "byline": "Ashley Hattle-Cleminshaw", "kicker": "News", "prettyDate": "May 03, 2024", "timeToRead": "4 minute", "image": { "uri": "https://images.propertycasualty360.com/contrib/content/uploads/sites/414/2024/05/Andrew-Witty-767x633.jpg", "width": "767", "height": "633" }, "authors": [ { "webUrl": "/author/profile/ashley-hattlecleminshaw/", "name": "Ashley Hattle-Cleminshaw" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "Legacy technology at Change Healthcare was missing multifactor authentication, giving cybercriminals an easy way in.", "body": null }, { "uri": "/2024/05/02/ethical-ai-use-helps-insurers-stay-ahead-of-regulations/", "title": "Ethical AI use helps insurers stay ahead of regulations", "byline": "Ashley Hattle-Cleminshaw", "kicker": "News", "prettyDate": "May 02, 2024", "timeToRead": "3 minute", "image": { "uri": "https://images.propertycasualty360.com/contrib/content/uploads/sites/414/2024/05/Justice-Scales_2-767x633.jpg", "width": "767", "height": "633" }, "authors": [ { "webUrl": "/author/profile/ashley-hattlecleminshaw/", "name": "Ashley Hattle-Cleminshaw" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "For now, the onus is on insurers and insurtech companies to ensure AI does not cross ethical boundaries.", "body": null }, { "uri": "/2024/05/02/building-cyber-resiliency-for-mom-and-pops/", "title": "Building cyber resiliency for mom and pops", "byline": "Ashley Hattle-Cleminshaw", "kicker": "News", "prettyDate": "May 02, 2024", "timeToRead": "4 minute", "image": { "uri": "https://images.propertycasualty360.com/contrib/content/uploads/sites/414/2024/05/managing-small-business-767x633.jpg", "width": "767", "height": "633" }, "authors": [ { "webUrl": "/author/profile/ashley-hattlecleminshaw/", "name": "Ashley Hattle-Cleminshaw" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "No business is too small to fall victim to cybercriminals, says Sam Shay of Socotra.", "body": null }, { "uri": "/2024/05/01/states-with-the-least-safe-young-drivers/", "title": "States with the least safe young drivers", "byline": "Ashley Hattle-Cleminshaw", "kicker": "Slideshow", "prettyDate": "May 01, 2024", "timeToRead": "2 minute", "image": { "uri": "https://images.propertycasualty360.com/contrib/content/uploads/sites/414/2024/05/Missouri-Welcomes-sign-767x633.jpg", "width": "767", "height": "633" }, "authors": [ { "webUrl": "/author/profile/ashley-hattlecleminshaw/", "name": "Ashley Hattle-Cleminshaw" } ], "kickerNode": [ { "uri": "/slideshow/", "sectionName": "Slideshow" } ], "summary": "Analysis of NHTSA data shows these states have the most crash-related Gen Z deaths.", "body": null } ] } }
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