Safeonline has spent the past year developing their online portal iQ, which enables brokers to access cyber insurance quotes and formal documentation in the space of only 20 seconds.
Artificial intelligence (AI) is the processing of machines and computer systems to stimulate human intelligence; this can include learning, reasoning and self-correction. There are multiple versions of AI and they are most commonly split into two categories; weak AI, and strong AI. Weak AI is a system that is trained for a specific task, for example a virtual personal assistant such as Apple’s Siri. Strong AI on the other hand, is an AI system with generalised human cognitive abilities so that when it is presented with an unfamiliar task it has the intelligence to find a comprehensive solution.
Media Errors & Omissions and Cyber insurances: Netflix refuses to pay ransom, but what are the consequences for the post-production company?
The ‘payday’ lender Wonga suffered a significant data breach over the last week which may have affected approximately 245,000 accounts in the UK and another 25,000 in Poland. Wonga has stated on its website:
The Internet of Things (IoT) and other new technologies create a variety of new security risks especially when connected to the internet. Cyber criminals can exploit these vulnerabilities to harm customers