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Adversaries Exploit Trends, Target Popular GenAI Apps

Enterprise employees are increasingly accessing generative AI applications, posing a risk of exposing sensitive data, making it crucial for organizations to implement advanced data security measures.

JPMorgan Ups Cyber Defenses as Scam Attacks Rise

Mary Callahan Erdoes, head of the bank’s asset and wealth management division, highlighted a significant rise in cybercrime, with a 65% increase in fraud losses for U.S. financial institutions from 2022 to 2023.

Wealthy Countries Boast Superior Cyber Defenses

A report by SecurityScorecard revealed that wealthier regions have better cybersecurity defenses and lower cyber risk compared to poorer regions. The study found that organizations in regions with lower GDP are more likely to suffer data breaches.

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