Insurers can protect themselves against long-tail cyber breach events by implementing policies that consider potential future damages, setting aside appropriate reserves, and incorporating risk management techniques such as stress testing. By being proactive and prepared, insurers can better mitigate the financial impact of prolonged cyber breach events.
Cybercriminals harness AI to boost phishing & malware attacks
Artificial Intelligence (AI) tools are increasingly being used by small cybercriminal groups to develop more persistent malware, trick users into downloading malicious payloads, and create
