The cost of a data breach has risen 15% over the last 3 years, and ransomware costs have jumped 13% in the last year.

President Biden has directed government agencies to develop new rules on protecting privacy and security, preventing intellectual property theft, reducing bias and more in banks' use of artificial intelligence models.

Insurtechs launching an ethical AI consortium to set guidelines for AI use and actuaries considering the pros and cons of the new technology are among the ways AI is changing insurance.

While only 48% of startups believe they are likely to face a data breach or ransomware attack, the actual number affected is much higher.

Upper management is at odds with their employees over AI use, hybrid work, dress codes and more.

Businesses need to rethink their approaches to insurance cost reduction.

Low-code platforms are a type of visual software development environment that empower professionals to create mobile or web applications with relative ease.

Panelists emphasized the significance of a comprehensive data strategy and ethical AI use, along with the industry's potential for innovation.

The Southeast regional bank plans to use the deal's sizable proceeds to pay down wholesale borrowings and restructure its securities portfolio. Numerous banks have made similar moves in recent months.

New data from UKG reveals how far workplaces have yet to go in regards to making employees part of the decision making process.