Cyber/AI risks - Emerging Risks Media Ltd

Cyber – AI risks

Cyber risk re-think urged as cost of cyber-crime exceeds $1 trillion

In the same week of the Colonial Pipeline hack, one of the most disruptive digital ransom schemes ever reported, a new report has suggested that the estimated economic cost of cyber-crime now exceeds $1 trillion

DarkSide ransomware: now Toshiba attacked

A unit of Toshiba Corporation has become the latest high profile target of a ransomware attack by DarkSide, the group the FBI has blamed for the Colonial Pipeline attack

Beazley touts positive action on ransomware

Specialist insurer Beazley has said that “early indications” suggest that underwriting actions taken since September 2020 are having a positive impact on cyber ransomware trends

ILS will play a growing role in cyber solutions – Mulligan

One of the market’s leading cyber experts has told Emerging Risks the Insurance Linked Security (ILS) market may hold the key to the provision of sizable levels of cyber cover for large corporations

Cyber risk at the heart of new UK legislative agenda

The government has made tackling emerging cyber threats one of the key planks of its new legislative agenda

Russia denies involvement in Colonial Pipeline cyber-attack

Russia’s embassy in the United States has rejected speculation that Moscow had any responsibility for a ransomware cyber-attack that has disrupted activity at the biggest US gasoline pipeline