Data and information management

The hacking group accused of disrupting casinos and hotels at MGM Resorts International last year is engaged in a new campaign targeting banks and insurance companies, according to cybersecurity researchers.

The risk of state-sponsored cyberattacks and new legislation are changing the cyber risk landscape.

AI governance can help minimize potential risks from bias, help identify fraud and maximize benefits for customers.

Applying AI to insurance claims processing improves its predictive analytics, use of predictive models and control of costs.

Almost 80% of survey respondents were very dissatisfied with the current political climate.

Healthcare, research and technology professionals are collaborating to get insights about distracted driving from accident data, and using these to address insurance risks.

Ariel Re, Hiscox cyber consortium; Swiss Re Gen AI underwriting assistant; Liberty Mutual Reinsurance announced a partnership with Safehub and more insurtech news.

By collaborating, cybersecurity professionals and insurance providers can share insights, best practices, and trends in cyberthreats, creating a more secure environment for all.

With almost half of the cyberattacks focusing on small businesses, AI can help identify vulnerabilities and mitigate some risks.

Third-party data is a key element for calculating insurers' profitability, even when drilling down into the specifics of what the carrier is underwriting. Bryan Adams of Arch Insurance spoke about how the firm manages its third-party data and data suppliers.