artificial intelligence

The perils of over-reliance on single cloud providers
The risk associated with dependence on a particular cloud provider for multiple business capabilities is in the top five emerging risks for organizations for the second …

Microsoft launches new initiative to augment security
Nearly 22 years after Bill Gates announced a concerted Microsoft-wide push to deliver Trustworthy Computing, the company is launching the Secure Future Initiative, to boost …

AI is transforming financial crime compliance
While 86% of compliance, operations, risk and IT professionals at banks and non-banking financial institutions (NBFIs) surveyed said they would increase spending on AI and ML …

Cybersecurity workforce shortages: 67% report people deficits
The global cybersecurity workforce has reached 5.5 million people, an 8.7% increase from 2022, representing 440,000 new jobs, according to ISC2. While this is the highest …

Public exposure of data breaches is becoming inevitable
Ransomware incidents rising again as criminals use data exfiltration and supply chain attacks to maximize their leverage, according to Allianz. Allianz Commercial analysis of …

A closer look at healthcare’s battle with AI-driven attacks
With its wealth of sensitive patient data, the healthcare industry has become a prime target for cybercriminals leveraging AI tools. As these threats continue to evolve, …

White House issues Executive Order for safe, secure, and trustworthy AI
President Biden issued a landmark Executive Order to ensure that America leads the way in seizing the promise and managing the risks of artificial intelligence (AI). New …

Google expands bug bounty program to cover AI-related threats
Google has expanded its bug bounty program, aka Vulnerability Rewards Program (VRP), to cover threats that could arise from Google’s generative AI systems. …

Finding the right approach to security awareness
As artificial intelligence amplifies the sophistication and reach of phishing, vishing, and smishing attacks, understanding and managing human cyber risks has become …

AI threat landscape: Model theft and inference attacks emerge as top concerns
Generative AI has emerged as a powerful tool, heralded for its potential but also scrutinized for its implications. Enterprises will invest nearly $16 billion worldwide on …

SMBs at risk as AI misconceptions lead to overconfidence
Despite advancements in IT security measures, SMBs remain firmly in the crosshairs of cybercriminals, according to Devolutions. Ransomware payments and IoT malware incidents …

AI strengthens banking’s defense against fraud
Consumers are ready for the next wave of payment technology, including deployment of AI-driven biometrics to verify identity in digital-first account opening processes, …
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