Bad actors have already made use of the new technology to power cyber attacks. The insurance industry can use the same technology to proactively detect attacks, guard sensitive personal data and establish defense patterns and methods.

Prudential Financial Inc. said hackers gained access to some of its IT systems and user accounts associated with employees and contractors.

The worst three states had an average of 1,287 cyberattacks per 100,000 people in the five-year period from 2018-2022.

Customers with deferred compensation plans at the bank had personally identifiable information compromised through a third party, Infosys McCamish.

ONE platform links in professional liability, cyber risk and business coverage

Nationwide and Petco news, plus Chubb's StreamLabs launches Scout and more.

The Allianz Risk Barometer features the corporate concerns from over 3,000 risk managers worldwide.

Ford Pro Insure, RGA, Digital Owl news, and more.

Most of the legal filings accuse the title insurer and its subsidiary, LoanCare, of failing to protect the personal identifiable information of customers.

In a data-driven industry, AI can assist insurers in managing large amounts of information, create new products and accelerate decision-making.