End of the year reflection of 2023 achievements.
Аmerica's second biggest title insurer, First American Financial Corp., is now the latest victim of a wave of cybersecurity attacks that has disrupted computer networks at more than 1,000 businesses and government entities.
The company joins a number of its industry peers, including Fidelity National Financial, MeridianLink, Tipalti, Moneris, ICBC, and Mr. Cooper, which have suffered ransomware, data breaches, or incidents in recent months.
This year has beaten all of the records in cybercrimes and the expectation is that in 2024, cyber risks will not only increase in frequency and magnitude but also will become even more complex as attackers get more savvy with the help of artificial intelligence.
Understanding that cybercriminals are finding new and sophisticated ways to exploit vulnerabilities and breach security systems specifically due to the rapid advancement of technology and AI, I've called an urgent meeting with my top AI executives to discuss this viral topic.
Read more at onediligence.com