February 22, 2024
Nearly one-in-five anti-fraud professionals (18%) counts artificial intelligence (AI) and machine learning (ML) technology among their fraud-fighting tools, while another 32% anticipate implementing these technologies in the next two years, a new report shows. The 2024 Anti-Fraud Technology Benchmarking Report …
February 20, 2024
Alphabet Inc.’s Google announced an initiative to provide artificial intelligence tools and investments to bolster online security, as the emerging technology is increasingly used to both protect against and perpetrate cybercrime. Google will introduce a new open-source resource powered by …
February 15, 2024
Nation-state hackers are using artificial intelligence to refine their cyberattacks, according to a report published by Microsoft Corp. on Wednesday. Russian, North Korean, Iranian and Chinese-backed adversaries were detected adding large-language models, like OpenAI’s ChatGPT, to their toolkit, often in …
February 1, 2024
Insurers are prepared for artificial intelligence to move beyond task automation and machine learning to advanced uses in 2024, a new report examining the industry and how it’s using AI shows. The report from Xceedance, a provider of operations support, …
January 24, 2024
A California startup using artificial intelligence (AI) and satellites to spot fire and weather risks on power lines, AiDash, reported on Tuesday it had raised $50 million in new funding, reflecting Silicon Valley efforts to create products that help energy …
February 11, 2019
While there are many different segments of the commercial insurance industry, they often share a similar story. From my vantage point, the workers’ compensation system was designed to help both injured workers and employers by guaranteeing care and compensation for …
February 1, 2019
The future, it turns out, makes a quiet whirring sound. With little more fanfare than the soft buzz of its motor, a new kind of vehicle rolled down a concrete ramp in front of onlookers at the Washington state Capitol …
January 25, 2019
The workers’ compensation segment of the property/casualty insurance business is a prime target for technology investment to maintain competitiveness and bolster performance, according to Fitch Ratings. “As the largest U.S. commercial lines segment, workers’ compensation is a focal point for …
January 18, 2019
A wheeled robot named Marty is rolling into nearly 500 grocery stores to alert employees if it encounters spilled granola, squashed tomatoes or a broken jar of mayonnaise. But there could be a human watching from behind its cartoonish googly …
January 3, 2019
Last year, Microsoft Corp.’s Azure security team detected suspicious activity in the cloud computing usage of a large retailer: One of the company’s administrators, who usually logs on from New York, was trying to gain entry from Romania. And no, …