German reinsurer warns generative AI raises global cyber risks

BERLIN, April 4 (Xinhua) -- German reinsurer Munich Re has raised concerns about the increasing cyber risks driven by the rapid advancement of technology, particularly generative artificial intelligence.

The world's largest reinsurer said in its report published on Thursday that it has observed a "surge in cyber-attacks" over the past months, with ransomware playing a growing role. Last year alone, there were twice as many software supply chain attacks as in the previous three years combined.