Michael Fitzpatrick

Ashwin Kashyap, co-founder of the cyber risk analytics and modeling firm CyberCube, discusses how AI has enhanced attacks, including phishing, deepfakes, and social engineering, and cautions that autonomous AI agents may further raise the threat level. Q How have cybercriminals been using AI to support their attacks? A I’ll give a nuanced answer to this across multiple dimensions. AI has become a force multiplier for cybercriminals, making their attacks more effective and scalable.

Satellite observation company ICEYE announced that it had raised another $65 million as of December—an extension of its April 2024 growth funding round of $93 million, bringing total funding to more than $500 million since its founding a decade ago. Finland-based ICEYE’s satellite constellation offers cloud-penetrating capabilities to provide natural catastrophe monitoring with hazard and damage data to aid the disaster response.

Q Broker Insights has talked about the knowledge gap between brokers and insurance markets. Where are those gaps? A Gaps exist between the appetites carriers have, the business that they want to underwrite, and the customer requirements and/or the sales objectives that the broker has to fulfill. Carrier appetites, as we all know, change based upon market conditions, carrier capacity, ability to execute, where they’re at in a market cycle, and their own product lines.