The Allianz Risk Barometer identified cyber incidents as the leading global risk for the fourth consecutive year, fuelled by increasing reliance on technology and the rapid development of AI. Ransomware accounted for 58% of large cyber insurance claims in the first half of 2024. Negative impacts of AI include facilitating criminal disruption and spreading misinformation, yet AI can also help to mitigate cybersecurity risk. Balancing the pros and cons of AI implementation is a key challenge.
Chinese hackers targeting Juniper Networks routers, so patch now
Chinese hackers are targeting routers made by American networking hardware company Juniper Networks. The culprits, known as UNC3886, are using specially modified backdoor malware to
