The online attack that disrupted MGM Resorts International resorts and casinos across the country began with a social engineering breach of the company's information technology help desk, according to a cybersecurity executive familiar with the investigation.

The release of two malicious language models — WormGPT and FraudGPT — demonstrate attackers' evolving capability to harness language models for criminal activities.

Companies that don't use the technology on average pay $1.76 million more and take 108 days longer to respond to incidents than firms that utilize it.

In a data breach at OpenAI, some ChatGPT users were able to see other users' financial data. In other cases, users have invoked their dead grandmothers to access information that should have been sealed off.

Co-founders Anthony Marshi and Toby Hung recently secured $2 million in funding for a platform automating cyber insurance coverage focused on medium and large sized businesses.

In other news: Chewy expands pet insurance nationwide and Tokio Marine launches a market intelligence platform.

The dispute is over a cyber attack from 2014 through 2015 that potentially exposed personal information of patients at UCLA Health.

Baldwin Risk Partners has launched "Centers of Excellence"

Ransomware attacks soared last year, pushing demand for coverage after the pandemic-induced work-from-home era also made remote workers more vulnerable to digital attacks.

The concept car shown at VivaTech was put together in six month by some 100 engineers.

Digital platform automates building towers of business policies

GEICO scored first overall in the semi-annual Mobile Insurance Scorecard.

A consortium of financial companies said premiums are rising despite a relatively low level of overall risk, causing some banks to reconsider their policies.

Learning to adapt to new challenges, building the right team and creating a direct strategy and vision are critical to success.

Non-traditional approaches to insurance that SMEs should consider to protect their businesses from new and evolving risks.

We expect the absolute growth of this market to be a key factor encouraging more investor participation.

Companies with websites are working through privacy requirements and to be web compliant.

The "Active Cyber Risk Model," would give insurers an overview of their potential losses as a way to better target sales of their policies.