In the latest Fitch Ratings report, it was found that there is a positive correlation between an insurance agency’s credit ratings, and the SecurityScorecard’s cybersecurity grades. The report uses SecurityScorecard (SSC) grading platform to analyze the cybersecurity risk of over 400 global insurance companies. This represents about two-thirds of global insurance premiums. SSC’s cybersecurity grades provide additional insights not captured by traditional financial statement and credit analysis. The final report implies that insurance companies that focus on managing their own credit risk tightly also appear better at managing their cyber risks. Read more about the Fitch Ratings report here.
The Crucial Role of AI in the Cloud
AI and cloud computing are propelling businesses forward, with the cloud computing market set to double to $947 billion by 2026, and the AI market projected to grow over fivefold to $309 billion....