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Paris 2024: Insurers on Edge
CybersecurityHQ News
Welcome reader to your CybersecurityHQ report
Headlines
The Paris Olympics is cause for concern for insurance partners like Allianz and Lloyd’s of London. Coverage of the 2020 Games in Tokyo led to massive losses due to the COVID-19 pandemic. This time around, fears are being raised over faked GenAI images, cyberattacks, elections, militant attacks, and conflict in Ukraine and Gaza.
The games typically buy around $800 million of coverage, but that might not be enough for 2024. The major new threat? AI, of course. These AI-based attacks could include fraud, ticketing, and manipulating live broadcast feeds.
The New York Times reports that a 2023 hack of OpenAI stole important information about the company’s AI models. It’s claimed that the hacker did not access any systems where the company houses and builds its models, including the extremely popular ChatGPT. At the time of the hack, OpenAI chose not to disclose the attack to the public, as no user data was affected.
This continues the scrutiny of the industry by safety experts. The Biden administration has been working with companies, including OpenAI, to protect these models from China and Russia. Hacks like this continue to raise concerns about how well these models can be protected.
Hotel management services company Quoality leaked the credit card details and personal data of over a million guests. The India-based company runs the popular platform Guest Experience, which helps hotels with various services, like contactless check-ins and checkouts.
A human error led to an Elastic cluster having virtually no access controls. This left sensitive data wide open. A Cybernews team discovered the issue and notified the company. The data is no longer exposed.
Interesting Read
Continuing on the theme of the upcoming Olympic Games, this write-up in SecurityWeek shows the cyber security issues that come with the 29-day event. The Olympics typically have about 4 billion viewers, making it a ripe target for threat actors looking to make a lot of money or a big statement.
This article is an interesting look at the cyber security side of things, showing vulnerabilities and how teams might address them.
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Stay Safe, Stay Secure.
The CybersecurityHQ Team