Archive for July 2026

Humans, not artificial intelligence threats, are the cause of the large majority of cyber-attacks — for now. More than 85% of incurred cyber losses in the first half of 2026 were from attacks that exploited human error, specifically where the … Source: Claims Journal

SpaceX’s X and the World Federation of Advertisers (WFA) said on Wednesday they had settled litigation over an alleged advertiser boycott of the social media platform linked to the now-defunct Global Alliance for Responsible Media (GARM). The move marks a … Source: Claims Journal

A former Goldman Sachs senior compliance officer has been awarded £1.45 million ($1.93 million) for sex discrimination and unfair dismissal after he was fired while on parental leave, a London court has ruled. Jonathan Reeves, a Goldman veteran who last … Source: Claims Journal

The Federal Trade Commission, Utah and Los Angeles County sued Hims & Hers Health Inc. Wednesday for allegedly misleading consumers about its products and sharing their private health information with Meta Platforms Inc. and Snap Inc. Hims shares extended losses … Source: Claims Journal

The OpenAI models that hacked the startup Hugging Face Inc. this month also gained access to a customer account on the cloud platform Modal and used it to launch attacks, underscoring the broad scope of the incident. The agent gained … Source: Claims Journal

Artificial intelligence has “radically shifted” the cyber risk landscape, and the average cost of a data breach has reached a record of nearly $5 million. According to IBM’s Cost of a Data Breach Report, cyberattackers are using AI and attacking … Source: Claims Journal

Florida lawmakers knew they had a billion-dollar insurance problem. The state is a magnet for hurricanes, and the cost of damages from extreme weather has risen sharply over several decades. Scientists say this is a consequence of climate change, and … Source: Claims Journal

About 900,000 current and former Origin Energy Ltd. customers had their data accessed in a security breach, the latest in a string of cyberattacks on major Australian companies and essential-service providers. It began examining a possible threat in early July, … Source: Claims Journal

Insurers can drive improvements in climate resilience by rewarding companies that invest to protect their businesses, rather than simply penalizing risky assets with higher premiums, according to a senior executive at Aon Plc. “Our role as an intermediary is to … Source: Claims Journal

Meta Platforms Inc.’s Facebook and Instagram have served thousands of ads for AI “nudify” apps in breach of the company’s policies, delivered by one of its few advertising partners in China, according to the nonprofit Tech Transparency Project. Beijing-based GatherOne … Source: Claims Journal