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How to manage third-party cybersecurity risks that are too costly to ignore

TechCrunch

Many cybersecurity professionals, if not all, have experienced that “after the breach” feeling — the moment you realize you’ll have to tell your customers their personal information may have been compromised because one of your vendors had a data breach.

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To better manage cybersecurity risk, extend zero-trust principles to third parties

TechCrunch

Saket Modi is the co-founder and CEO of Safe Security, a cybersecurity and digital business risk quantification platform company. Today’s cybersecurity landscape requires an agile and data-driven risk management strategy to deal with the ever-expanding third-party attack surface. Saket Modi. Contributor. Share on Twitter.

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EvolutionIQ secures $21M to streamline insurance claims processing with AI

TechCrunch

Processing claims at scale presents a challenge for insurers, particularly where the claims entail factors like complex underlying health conditions. A growing cohort of startups including Alan, Tractable and Snapsheet offer tools to help customers navigate through the insurance claims process. ” Accelerating insurance claims.

Insurance 233
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Why a data-first culture is key to unlocking value from AI in insurance

CIO

Data is the lifeblood of the modern insurance business. Yet, despite the huge role it plays and the massive amount of data that is collected each day, most insurers struggle when it comes to accessing, analyzing, and driving business decisions from that data. There are lots of reasons for this.

Insurance 197
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Triaging modern medicine’s cybersecurity issues

The Parallax

Hackers often talk about practicing good “cybersecurity hygiene” : making sure that basic standards, such as using unique passwords for each log-in, are met. This breadth of information can be much more valuable on the black market—sometimes up to $30 per record—than the typical consumer financial profile , which sells for $10 to $12.

Security 189
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Axio lands $23M to help companies quantify cyber risk

TechCrunch

Axio , a platform for cybersecurity risk evaluation, today announced the closure of a $23 million Series B round led by Temasek’s ISTARI, with participation from investors NFP Ventures, IA Capital Group and former BP CEO Bob Dudley. But Kannry says that Axio differentiates through a focus on modeling the impact of cyber scenarios.

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Accelerating AI at scale without sacrificing security

CIO

For others, it may simply be a matter of integrating AI into internal operations to improve decision-making and bolster security with stronger fraud detection. According to a Cloudera survey, 72% of business leaders agree that data governance is an enabler of business value, underscoring the critical link between secure data and impactful AI.