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Are we clear on who must be involved in assessing and mitigating AI adoption cyberrisks? By assessing and mitigating cyberrisks, leaders can align AI adoption with organizational goals and resilience needs, reads the companion WEF article Securing innovation: A leaders guide to managing cyberrisks from AI adoption.
As a result, a new generation of insurance startups has arisen over the past five years to rethink how cyberrisk is underwritten, infusing security expertise into the insurance product. In Q3 2021, Cloudflare automatically mitigated one of the world’s largest DDoS attacks that hit a customer in the financialservices industry.
Lumen, rebranded from CenturyLink in 2020, offers a broad range of services, including a professionally managed next-generation network-based firewall, IDPS, adaptive network security, UTM, DDoS mitigation, and threat intelligence. Metrics: Monitors more than 195 billion NetFlow sessions daily, and mitigates 120 DDoS attacks per day.
Supply Chain Risk Monitoring: A financialservices firm tracked vendor vulnerabilities through a visualization platform, flagging suppliers with outdated software. Dashboards and risk matrices provide security teams with a clear understanding of vulnerabilities, their potential impacts, and the progress of mitigation efforts.
Breach and attack simulation (BAS): XM Cyber. XM Cyber Platform. XM Cyber launched in 2016 and is a winner for its innovation in the breach and attack simulation arena. The Tel Aviv-based vendor focuses on cyberrisk analytics and cloud security software to give network administrators more robust visibility into threats.
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