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In August 2024, the European Union’s Artificial Intelligence (AI) Act came into force, aiming to balance safety and compliance with competitiveness, and setting the world’s first benchmark for a comprehensive AI regulatory framework.
ESET, a global leader in cybersecurity, has published its Threat Report for the first half of 2024, providing new insights into the cyber threat landscape faced by businesses and individuals worldwide.
Cyber insurance has become a crucial safety net for businesses, particularly in the face of escalating ransomware attacks. This financial safeguard promises protection against the often devastating consequences of cyberattacks. However, as ransomware incidents have surged, so too have the premiums for cyber insurance.
The financial strain on businesses is growing at an alarming rate, largely as a result of escalating cybercrimes. For CFOs, the financial implications of cyberattacks are becoming impossible to ignore.
Do you think short-term insurance broking will survive the AI plus humanoid robotics age?