AI’s Dark Side: The Growing Menace of Cyberattacks : Risk & Insurance

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Richard DePiero is Sompo’s EVP, Head of Sompo Pro, U.S., which provides solutions for Cyber, Technology, MPL, A&E, MPL and Lawyers Indemnity. In his current role, he is responsible for product development, setting the appetite, creating underwriting standards through assessing risk, industry forecasting, and portfolio management. He brings over 22 years of industry experience both on the carrier and broker side.

With all of the public attention that artificial intelligence (AI) has garnered over the past year, it’s no surprise that AI and its capabilities have captured the attention of cybercriminals as well. As 2024 gets underway, we expect to see AI further weaponized by bad actors as a force multiplier to broaden attack vectors, resulting in increased social…

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