Tag: cyber costs
Cost of AI could rise tenfold – warns Gartner
Gartner issued a stern warning this week to organizations across all sectors that the cost of introducing artificial intelligence (AI) to the workplace could easily balloon by 500 -1,000 percent. Speaking at Gartner's flagship Symposium event in Australia, VP analyst Mary Mesaglio said: “Factors contributing to these inflated costs include vendor price increases and neglecting the expense of utilizing cloud-based resources.”
ALPHV/BlackCat Reports MeridianLink for Undisclosed Cyber Attack – November 16th
Ransomware gang, ALPHV/BlackCat has reported MeridianLink to the SEC, for not disclosing cyber attack. ALPHV/BlackCat informed the SEC that MeridianLink did not disclose details of the attack, which could potentially affect the data of the publicly traded company's thousands of financial organizations, banks, credit unions, and mortgage lenders. The lack of cyber compliance from MeridianLink breaks the SEC’s rule of disclosing cyber attacks within 4 days of the attack occurring to the agency.