Many popular AI chatbots, including ChatGPT and Google's Gemini lack adequate safeguards to prevent the creation of health disinformation when prompted according to a new research.
Cyber security tops the list of risks for 2024 ranked by chief risk officers (CROs) according to the inaugural EY/Institute of International Finance (IIF) global insurance risk management survey.
AI-generated deepfakes, multi-factor authentication (MFA) fatigue attacks and complex ransomware incidents are likely to be the imminent threats for 2024 in India.
Health and safety (84%) overtook cyber attack, including cyber extortion (69%), as the top risk for directors and officers (D&O) in APAC this year, according to the 2024 Global Directors' and Officers' Survey Report from WTW and Clyde & Co.
Marsh, the world's biggest insurance broking group, has established Edgware Re, a group captive insurance company for organisations seeking more control and stability in their cyber insurance programs.
The number of cyber threats blocked in 2023 showed an increase of over 10% on an annual basis. Also a significant trend observed in 2023 was that the attackers are using more advanced methods to target fewer victims but with the potential for higher financial gains.
A new report has highlighted the enormous amount of water and energy consumption that AI systems require. It said AI has the potential to "supercharge" climate disinformation.
Two major ransomware groups, GhostSec and Stormous have joined forces and are conducting several double extortion attacks on organisations and governments according to a new report by cyber security research company Cisco Talos.
Around 84% of the respondents in a new cyber survey paid ransom to cyber attackers but only 47% of these retrieved their data and had their services uncorrupted according to a new survey by the US based cyber security company Cybereason.
Responsible AI policies and risk management frameworks will be critical to navigating the complex technical and compliance challenges of AI according to the Federation of European Risk Management Associations (Ferma).