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BNN Bloomberg: Coalition Inc., a cyber-insurance provider that tries to curb digital risk, has designed technology that simulates large-scale attacks to help insurers identify potential weaknesses in their portfolios and prevent widespread losses.
Cybersecurity Dive: The banking crisis and nagging suspicion that hardship will spread, even to companies not directly linked to the failed banks, could have an ancillary effect on the cybersecurity market.
GlobeNewswire: The cyber security market growth includes increased number of data breaches across the globe, rising digitalization, and increased sophisticated cyber intrusions. Cyber threats are anticipated to evolve with the increase in usage of devices with intelligent and IoT technologies.
The Guardian: The cybersecurity firm Darktrace has warned that since the release of ChatGPT it has seen an increase in criminals using artificial intelligence to create more sophisticated scams to con employees and hack into businesses.
BNN Bloomberg: Shares in BlackBerry Ltd. were down more than 10 per cent in early trading after the company lowered its fourth-quarter and full-year revenue expectations for its cybersecurity business. The dip in share price comes as the company said some large deals that were expected to close in the quarter were not completed in time.
Axios: Health systems buffeted by labor and supply chain costs and broader economic woes have another unwieldy financial problem: the soaring costs of cyber insurance.
The Record: Venture capital investments in cybersecurity firms showed a significant dip in the second half of 2022, according to data collected by financial research firm Momentum Cyber.
Yahoo Finance: State-backed cyber attacks are on the rise–but they are not raising the level of alarm that they should in the corporate world. When working with companies, my team often encounters executives who say they have insurance, so everything will be alright.
Forbes: Despite the pandemic seeming to ease slightly, 2022 was another year plagued with unknowns and disruption. From global conflict and cybercrime to ongoing supply chain challenges, the only certainty appears to be uncertainty.
ZDNet: From relatively simple tasks, such as composing emails, to more complex jobs, including writing essays or compiling code, ChatGPT -- the AI-driven natural language processing tool from OpenAI -- has been generating huge interest since its launch.
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