Category:

Risk Management

China Abandons Pledge, Returns to Very Active Hacking of U.S, Report Says

China’s hacking targets in 2018 included telecommunications systems in the U.S. and Asia, according to Crowdstrike. Groups linked to Iran and Russia also appeared to target telecommunications, a sector that yields “the most bang for your buck” for hackers due to the large number of users that can be accessed after breaching a single network, Adam Meyers, vice president of intelligence at Crowdstrike said.

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How pricing insurance for cars of future could bring Insurers, Carmakers together

On Jan. 30, Peate announced the creation of Avinew, with $5 million in seed funding led by Los Angeles’ Crosscut Ventures. Its insurance product will monitor drivers’ use of autonomous features on cars made by companies including Tesla, Nissan, Ford and Cadillac, determining discounts based on how the feature is used. Avinew has agreements with most manufacturers, and is working to tie up the rest, Peate said, allowing it to access driving data once a customer gives it permission.

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Indians grossly underprepared to face the financial instability caused by eventualities: Max Life Survey

Prashant Tripathy, Managing Director and CEO, Max Life Insurance said: “The survey reveals some interesting and startling findings about the state of protection in the country as well as the attitudes, behaviours and apprehensions that people have around life insurance. Term Insurance, despite being the most fundamental and cheapest form of financial protection, still lacks a significant uptake in urban India. There is an urgent need for Indians to understand the true value of protecting one’s family from the uncertainties of life. We hope the results of this study, act as a wake-up call for consumers and the industry at large and help increase financial protection in the country.”

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How tech giants are safeguarding global data centres from cyber attacks

“While physical security is given utmost importance at data centres, it is critical for organisations to beef up their cybersecurity posture through regular vulnerability assessments and penetration testing to check their readiness to tackle cyber threats,” Sanjay Katkar, Joint Managing Director and Chief Technology Officer, Quick Heal Technologies Limited, told IANS.

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