The recent IT outage linked to CrowdStrike has caused significant concern within the US cyber insurance industry, but losses are expected to be contained below $1 billion, with estimates ranging between $270 million and $960 million. Coalition's CEO Joshua Motta detailed that although such cyber events raise concerns about systemic risks, they do not equate to natural catastrophe losses. Modeling insights and adjustments to cyber insurance policies, including coverage limitations and sub-limits, are being accelerated in response to these events. The evolving landscape emphasizes the need for thoughtful management of cyber perils and acknowledges the benefits of technological diversification and rapid organizational responses.

Coalition: Modelling indicates CrowdStrike US cyber insurance loss below $1bn artemis.bm

The Health Foundation in the U.K. has suggested a comprehensive strategy to maximize the benefits and mitigate the risks of AI in healthcare. They propose six key priorities: engaging the public, patients, and healthcare staff in AI's development; focusing AI efforts on critical NHS needs; enhancing data and digital infrastructure; ensuring rigorous testing and evaluation of AI technologies; establishing clear regulatory guidelines; and equipping the healthcare workforce with necessary AI skills. These priorities aim to address the urgent demand for healthcare services and workforce shortages, ensuring AI's advantages are realized broadly rather than in isolated pockets.

6 priorities for a national healthcare AI strategy from our friends in the UK AI in Healthcare

CrowdStrike, a cybersecurity firm, recently offered its employees UberEats vouchers, raising questions about the company's remote work policies and employee benefits. This news highlights the growing trend of companies providing non-traditional perks to support their remote workforce. The move reflects how firms are adapting their incentives to accommodate the changing dynamics of work environments amid ongoing shifts in how and where employees perform their duties.

CrowdStrike faces backlash as ‘thank you’ gift cards are blocked — Guardian US theguardian

CrowdStrike recently experienced a significant global tech outage due to a software bug, impacting various systems and services. The cybersecurity company, known for its cloud-delivered endpoint protection, is addressing the issue and working towards a resolution. The malfunction highlights the vulnerabilities inherent in software dependencies and the widespread effects such disruptions can have on technology ecosystems.

CrowdStrike Explains What Went Wrong Days After Global Tech Outage — The Wall Street Journal Wall Street Journal