Tag: Insurance
Why the CrowdStrike outage highlights a need for modern insurance management...
On July 19, 2024, cybersecurity giant CrowdStrike issued a routine software update. However, this time things went terribly wrong. The update, which was meant to enhance...
How insurance companies can mitigate risks with effective sanctions compliance
Sanctions serve as a powerful foreign policy instrument, exerted by governments to influence behaviour by penalising nations, entities, or individuals engaged in unlawful activities.
AU10TIX unveils cutting-edge AML solution
AU10TIX, a leading global technology company in identity verification and management, announced today the release of its sophisticated anti-money laundering (AML) solution.
This innovative product...
SentinelOne launches Risk Assurance Initiative with AI-powered security for insurers
SentinelOne, a global leader in AI-powered security, has announced the launch of a program designed to help insurers secure their clients’ networks using the...
Pindrop secures $100m to fortify voice security against rising cyber threats
Pindrop, a pioneer in voice security and fraud detection, has announced a significant milestone, securing $100m in debt financing from Hercules Capital.
Enhancing cybersecurity in finance: The critical role of application security testing
In the digital age, the banking, financial services, and insurance (BFSI) sectors have seen unprecedented evolution. This transformation, while beneficial in terms of convenience and accessibility, has also significantly increased the vulnerability of financial institutions to cyber threats. It is now more crucial than ever to implement stringent cybersecurity measures.
Allianz Partners introduces allyz Cyber Care for comprehensive cyber protection
Allianz Partners, a world leader in insurance and assistance services, has announced the launch of allyz Cyber Care, as it looks to protect customers...
Aim Security, pioneering GenAI security, raises $18m in Series A
Aim Security, a leader in GenAI security solutions, announced today that it has secured $18m in Series A funding.
French InsurTech Continuity raises €10m to boost AI-driven risk assessment
Continuity, a pioneer in leveraging artificial intelligence and external data for professional and commercial P&C insurers, has announced a €10m Series A funding round.
This...
Coalition launches cyber insurance offering for large enterprises in Canada
Coalition, the world’s first active insurance provider, has announced the expansion of its cyber insurance offering to large enterprise businesses in Canada, excluding the...