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Beneath the Surface: Why Insurers Should Look Beyond "the Tip of the A.I. Iceberg"


Beneath the Surface: Why Insurers Should Look Beyond “the Tip of the A.I. Iceberg”
Nearly 75% of respondents in a recent survey from the Coalition Against Insurance Fraud and Shift Technology said they believe that among relevant technology, artificial intelligence (A.I.) will have the greatest impact on claims and fraud detection over the next five years.
However, Coalition Against Insurance Fraud Executive Director Matthew Smith says this is likely just the beginning in terms of A.I.’s impact on the insurance industry.
“We are literally at the tip of the A.I. iceberg in 2020,” he says. “Insurers are just starting to use it.” ....

Itay Bengad , Matthew Smith , Coalition Against Insurance Fraud , Shift Technology , Insuring Cyber Podcast , Insuring Cyber , மேத்யூ ஸ்மித் , கூட்டணி எதிராக காப்பீடு மோசடி , மாற்றம் தொழில்நுட்பம் , காப்பீடு சைபர் பொட்கஸ்ட் , காப்பீடு சைபர் ,

What Cyber Insurers Should Know About the Federal Ransomware Advisories


What Cyber Insurers Should Know About the Federal Ransomware Advisories
As the COVID-19 pandemic and the switch to remote work have highlighted cyber risks and drawn attention to the various methods cyber attackers are using, ransomware has continued to steal the spotlight.
Ransomware is a type of malicious software that is designed to block access to a computer system until a ransom is paid, and these attacks have increased in severity and frequency in the past year alone.
In October, 2020, the U.S. Treasury Department issued a warning that individuals or businesses, including cyber insurers, that help facilitate ransomware payments could be violating anti-money laundering and sanctions regulations. ....

Michael Carr , Josh Mooney , Office Of Foreign Assets Control , Financial Crimes Enforcement Network , Us Treasury Department , Insuring Cyber Podcast , Foreign Assets Control , Homeland Security , Eastern European , Insuring Cyber , மைக்கேல் கார் , ஜோஷ் மூனி , அலுவலகம் ஆஃப் வெளிநாட்டு சொத்துக்கள் கட்டுப்பாடு , நிதி குற்றங்கள் அமலாக்கம் வலைப்பின்னல் , எங்களுக்கு கருவூலம் துறை , காப்பீடு சைபர் பொட்கஸ்ட் , வெளிநாட்டு சொத்துக்கள் கட்டுப்பாடு , தாயகம் பாதுகாப்பு , கிழக்கு ஐரோப்பிய , காப்பீடு சைபர் ,