Report finds just one unpatched vulnerability increases the risk of a cyber insurance claim by 33%
SiliconANGLE
by Duncan Riley
3w ago
A new report from cybersecurity and cyber insurance startup Coalition Inc. finds that policyholders with as few as one unresolved critical vulnerability are more likely to experience a claim. The 2023 Cyber Claims Report found that having even one unpatched vulnerability increased the risk of cyber insurance claims by 33%. The report also found that organizations that […] The post Report finds just one unpatched vulnerability increases the risk of a cyber insurance claim by 33% appeared first on SiliconANGLE ..read more
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Cowbell Adaptive Cyber Insurance offers dynamic risk protection
SiliconANGLE
by Duncan Riley
3w ago
Cybersecurity insurance provider Cowbell Cyber Inc. today announced the launch of its new Adaptive Cyber Insurance product and a new subsidiary, Cowbell Specialty Insurance Co. Adaptive Cyber Insurance is pitched as offering a dynamic approach to insuring constantly changing risk. Cowbell argues that the dynamic nature of cyber risk requires insurance policies to evolve accordingly, so the new product […] The post Cowbell Adaptive Cyber Insurance offers dynamic risk protection appeared first on SiliconANGLE ..read more
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At-Bay raises $13M to expand its cybersecurity monitoring and insurance service
SiliconANGLE
by Duncan Riley
3w ago
Cyberinsurance company At-Bay Inc. has raised $13 million in new funding to accelerate development of its cybersecurity monitoring service and its insurance products, pitched as providing “insurance for the digital age.” The round was led by Keith Rabois of Khosla Ventures, Yoni Cheifetz of Lightspeed Venture Partners with Shlomo Kramer, co-founder of Check Point Software Technologies Ltd., with […] The post At-Bay raises $13M to expand its cybersecurity monitoring and insurance service appeared first on SiliconANGLE ..read more
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Cyber insurance premiums surge after a year of high-profile hacks
SiliconANGLE
by Duncan Riley
3w ago
Increasing demands for cyber insurance thanks to the growing fear of cyber attacks is hiking the costs of premiums, at least according to one U.K. insurance underwriter. CFC Underwriting Ltd. claims that the knowledge of incidents such as the Yahoo Inc. hack along with other widely reported attacks has increased the demand for cyber-insurance. Some 40 […] The post Cyber insurance premiums surge after a year of high-profile hacks appeared first on SiliconANGLE ..read more
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Leaks reveal beefed-up specifications for Nvidia’s next-gen GB300 AI server
SiliconANGLE
by Mike Wheatley
3w ago
Details of Nvidia Corp.’s next generation artificial intelligence server, the GB300 platform, have been leaked by Chinese media, and it’s expected to deliver some big improvements in terms of memory, performance, connectivity and cooling. The world’s most valuable chipmaker is expected to announce the GB300 AI server at its annual GTC event, slated to take […] The post Leaks reveal beefed-up specifications for Nvidia’s next-gen GB300 AI server appeared first on SiliconANGLE ..read more
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Italian energy giant Eni cranks up world’s 5th most powerful supercomputer
SiliconANGLE
by Mike Wheatley
3w ago
Italian energy giant Eni S.p.A. has lifted the lid on one of the world’s most powerful new supercomputers, saying it will use the machine to scale up its oil and gas discovery efforts and advance its research into clean energy and decarbonization. The supercomputer, dubbed HPC6, is said to have cost more than €100 million […] The post Italian energy giant Eni cranks up world’s 5th most powerful supercomputer appeared first on SiliconANGLE ..read more
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Chinese AI model maker Stepfun raises hundreds of millions in Series B funding
SiliconANGLE
by Mike Wheatley
3w ago
Chinese generative artificial intelligence model maker Stepfun has reportedly closed on a bumper funding round worth “several hundred million dollars” from a host of investors including state-owned private equity firms and local technology giants. The round was led by Fortera Capital, which is the private equity arm of the Shanghai state-owned group Capital Investment Co. It […] The post Chinese AI model maker Stepfun raises hundreds of millions in Series B funding appeared first on SiliconANGLE ..read more
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DeepSeek open-sources new AI model with 671B parameters
SiliconANGLE
by Maria Deutscher
3w ago
Chinese artificial intelligence developer DeepSeek today open-sourced DeepSeek-V3, a new large language model with 671 billion parameters. The LLM can generate text, craft software code and perform related tasks. DeepSeek says it outperforms two of the most advanced open-source LLMs on the market across more than a half-dozen benchmark tests. DeepSeek-V3 is based on a […] The post DeepSeek open-sources new AI model with 671B parameters appeared first on SiliconANGLE ..read more
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Botnets leverage decade-old D-Link vulnerabilities in new attack campaigns
SiliconANGLE
by Duncan Riley
3w ago
A new report out today from Fortinet Inc.’s FortiGuard Labs has detailed the activities of two different botnets observed through October and November that are being spread through vulnerabilities in D-Link Systems Inc. devices. The botnets and their related malware – one a Mirai botnet variant dubbed “FICORA” and the other a Kaiten botnet variant dubbed “CAPSAICIN,” […] The post Botnets leverage decade-old D-Link vulnerabilities in new attack campaigns appeared first on SiliconANGLE ..read more
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DeepSeek open-sources DeepSeek-V3 LLM with 671B parameters
SiliconANGLE
by Maria Deutscher
3w ago
Chinese artificial intelligence developer DeepSeek today open-sourced DeepSeek-V3, a new large language model with 671 billion parameters. The LLM can generate text, craft software code and perform related tasks. DeepSeek says that it outperforms two of the most advanced open-source LLMs on the market across more than a half dozen benchmark tests. DeepSeek-V3 is based […] The post DeepSeek open-sources DeepSeek-V3 LLM with 671B parameters appeared first on SiliconANGLE ..read more
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