Harnessing GenAI for transforming life insurance companies – ET CISO https://etimg.etb2bimg.com/thumb/msid-114594415,imgsize-21674,width-1200,height=765,overlay-etciso/next-gen-tech/harnessing-genai-for-transforming-life-insurance-companies.jpg Sachin Dutta The field of artificial intelligence and Machine Learning is constantly evolving and advancing over time. Customers expect seamless, personalized interactions across all industries, including life insurance. In the life insurance industry, it is rapidly transforming business models at the grassroots level, from underwriting and risk assessment to ...
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New Research Reveals Spectre Vulnerability Persists in Latest AMD and Intel Processors
New Research Reveals Spectre Vulnerability Persists in Latest AMD and Intel Processors https://firewall.firm.in/wp-content/uploads/2024/10/intel.png Oct 29, 2024Ravie LakshmananHardware Security / Vulnerability More than six years after the Spectre security flaw impacting modern CPU processors came to light, new research has found that the latest AMD and Intel processors are still susceptible to speculative execution attacks. The attack, disclosed by ETH Zürich ...
Read More »Cyber firm Armis Security raises $200 million at $4.3 billion valuation – ET CISO
Cyber firm Armis Security raises $200 million at $4.3 billion valuation – ET CISO https://etimg.etb2bimg.com/thumb/msid-114715530,imgsize-5220,width-1200,height=765,overlay-etciso/corporate/cyber-firm-armis-security-raises-200-million-at-4-3-billion-valuation.jpg U.S.-Israeli cyber firm Armis Security has been valued at an increased $4.3 billion having raised $200 million in a private funding round, two people familiar with the deal said on Monday. Venture capital fund General Catalyst and Alkeon Capital Management led the financing round. Armis, ...
Read More »Italian politicians express alarm at latest data breach allegedly affecting 800,000 citizens – ET CISO
Italian politicians express alarm at latest data breach allegedly affecting 800,000 citizens – ET CISO https://etimg.etb2bimg.com/thumb/msid-114715707,imgsize-112418,width-1200,height=765,overlay-etciso/data-breaches/italian-politicians-express-alarm-at-latest-data-breach-allegedly-affecting-800000-citizens.jpg Italian politicians called Monday for better protection of citizens’ online data following a probe into a hacking scheme that allegedly breached law enforcement, tax authority and other sensitive public data. According to prosecutors in Milan, the data of at least 800,000 Italians was compromised ...
Read More »U.S. Government Issues New TLP Guidance for Cross-Sector Threat Intelligence Sharing
U.S. Government Issues New TLP Guidance for Cross-Sector Threat Intelligence Sharing https://firewall.firm.in/wp-content/uploads/2024/10/white-house.png Oct 29, 2024Ravie LakshmananDigital Security / Data Privacy The U.S. government (USG) has issued new guidance governing the use of the Traffic Light Protocol (TLP) to handle the threat intelligence information shared between the private sector, individual researchers, and Federal Departments and Agencies. “The USG follows TLP markings ...
Read More »US finalizes rules to curb AI investments in China, impose other restrictions – ET CISO
US finalizes rules to curb AI investments in China, impose other restrictions – ET CISO https://etimg.etb2bimg.com/thumb/msid-114715895,imgsize-63802,width-1200,height=765,overlay-etciso/ot-security/us-finalizes-rules-to-curb-ai-investments-in-china-impose-other-restrictions.jpg The Biden administration said on Monday it is finalizing rules that will limit U.S. investments in artificial intelligence and other technology sectors in China that could threaten U.S. national security. The rules, which were proposed in June by the U.S. Treasury, were directed by ...
Read More »Star Health, IT Security News, ET CISO
Star Health, IT Security News, ET CISO A forensic investigation by an independent firm that went into the allegations made by a hacker against Star Health Insurance’s chief information security officer (CISO) has revealed that there was no evidence of any wrongdoing by the CISO. Earlier, the hacker, whom the company refers to as a threat actor (an unknown person ...
Read More »Chinese Hackers Use CloudScout Toolset to Steal Session Cookies from Cloud Services
Chinese Hackers Use CloudScout Toolset to Steal Session Cookies from Cloud Services https://firewall.firm.in/wp-content/uploads/2024/10/machine.png Oct 28, 2024Ravie LakshmananCloud Security / Cyber Attack A government entity and a religious organization in Taiwan were the target of a China-linked threat actor known as Evasive Panda that infected them with a previously undocumented post-compromise toolset codenamed CloudScout. “The CloudScout toolset is capable of retrieving ...
Read More »Insurance admin services company data breach exposes details about 8 lakh US users – ET CISO
Insurance admin services company data breach exposes details about 8 lakh US users – ET CISO https://etimg.etb2bimg.com/thumb/msid-114610856,imgsize-42686,width-1200,height=765,overlay-etciso/data-breaches/insurance-admin-services-company-data-breach-exposes-details-about-8-lakh-us-users.jpg Insurance administrative services company Landmark Admin has disclosed a data breach. The company confirmed that a cyberattack in May affected over 8 lakh people. The company, which provides back-office services for major insurance carriers, said that it asked a third-party cybersecurity company to ...
Read More »IRDAI tightens fraud rules post hacking incidents, IT Security News, ET CISO
IRDAI tightens fraud rules post hacking incidents, IT Security News, ET CISO The Insurance Regulatory and Development Authority of India (IRDAI) has proposed stricter guidelines in an effort to stem online fraud after recent high-profile cases at insurers like Star Health Insurance Company. The Insurance Fraud Monitoring Framework Guidelines, 2024 requires insurers to adopt strict measures, including board-approved anti-fraud policies, ...
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