Posts by Y@DminG

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

For almost eight years now, South Carolina bars, restaurants and music venues have faced a sobering situation brought on by a 2018 state law that requires at least $1 million in liquor liability coverage: Pay unaffordable premiums or shut their … Source: Claims Journal

Winter Storm Uri, the multiday freeze that slammed Texas in February 2021 and pummeled the state’s power grid, has been on Kenneth Kovar’s mind ever since. Though the resident of New Braunfels, northeast of San Antonio, didn’t lose power at … Source: Claims Journal

A U.S. judge said on Tuesday that Novo Nordisk must face part of a lawsuit accusing it of defrauding shareholders about a clinical trial for its weight loss and diabetes treatment CagriSema. Novo Nordisk’s American depositary receipts fell 17.8% on … Source: Claims Journal

After six years of civil and criminal charges and proceedings, online shopping company eBay and several former executives will pay a total of $55.7 million to settle claims over a relentless cyberstalking and harassment campaign targeting a Massachusetts couple. In … Source: Claims Journal