Lloyd’s, the insurance and reinsurance marketplace, has published a new report, revealing how the rapid evolution of generative artificial intelligence (AI) technology could impact the cyber risk landscape, requiring businesses to build greater resilience to these evolving threats.
Lloyd’s report, ‘Generative AI: Transforming the cyber landscape‘, spotlights cyber as one of the most complex and critical risks threatening national security and businesses today, with the dynamics of the risk landscape already posing many challenges.
The emergence of AI, particularly unrestricted advanced generative AI models, appears set to completely reshape the cyber landscape, augmenting both threat actor and defensive capabilities.
Dr Kirsten Mitchell-Wallace, director of portfolio risk management at Lloyd’s, commented: “Lloyd’s has been exploring the complex and varied risks associated with AI since 2016 and its developments present both opportunities and risks for businesses and the insurance industry.
“When considering the threat landscape, we must stay responsive to these rapidly changing…
