"DoT and Telecom Service Providers (TSPs) have devised a system to...
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Shriram Life Insurance reports a flat profit of Rs 158 crore in FY 24
Casparus J H Kromhout, MD & CEO, Shriram Life Insurance said,...
Allianz is lead insurer for the Singapore Airlines aircraft
Under the Montreal Convention, Singapore Airlines is liable for...
Facebook warned its employees, not users, about 2018 breach, Lawsuit says
Judge William Alsup told Facebook in January he was willing to allow “bone-crushing discovery” in the case to uncover how much user data was stolen.
Nimeshh Patel appointed as CEO of Wrisk
This appointment comes at a time where Wrisk is gaining traction and facing new demands to take the company to the next phase in its journey.
U.S. airline safety regulators ban select MacBook Pro laptops
his week, four airlines with cargo operations managed by Total Cargo Expertise — TUI Group Airlines, Thomas Cook Airlines, Air Italy, and Air Transat — implemented a ban, barring the laptops from being brought onto the carriers’ planes as cargo, according to an internal notice obtained by Bloomberg News.
Car makers befriend hackers to learn about cyber vulnerabilities
“Carmakers have been discovering new issues with their traditional architectures thanks to white hat hackers, which highlighted security needs for carmakers and suppliers alike,” said Harel, who operated a station where hackers could try to modify a model traffic light.
Facebook must face privacy class action over collecting biometric data
The 3-0 decision from the 9th U.S. Circuit Court of Appeals in San Francisco over Facebook’s facial recognition technology exposes the company to billions of dollars in potential damages to the Illinois users who brought the case.
Lloyd’s, London market insurers surpass Q2 electronic placing targets
Much of the electronic risk placement is being handled by the London market’s electronic placing platform, PPL. Some London market business, such as treaty reinsurance, cannot be carried out on the platform. Therefore, it analysis of the extent of electronic placement includes so-called in-scope risks.
Cyberattacks grew 22% on India’s IoT deployments in Q2
Among the 15 Indian cities from which data was gathered, Mumbai, New Delhi and Bengaluru are attracting the maximum number of cyberattacks, revealed the study by Bengaluru-headquartered telecom solutions provider Subex.During the quarter, the researchers registered 33,450 high-grade attacks, 500 of which were very high sophistication.
UK insurers settle 99% of cyber insurance claims
The Association of British Insurers (ABI) has been asking the Information Commissioner’s Office (ICO) to make anonymised cyber breach data publicly available, which would enable insurers to price risk more accurately and manage exposure more effectively by feeding this data directly into their modelling
As breaches rise, so do the paychecks for Cybersecurity professionals
In April, JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon told shareholders that cybersecurity “may very well be the biggest threat to the U.S. financial system.” His counterpart at Bank of America Corp., Brian Moynihan, said previously that the lender’s cybersecurity unit operates with an unlimited budget.
Tesla under U.S. scrutiny over safety claims
The Elon Musk-led electric-car maker claimed in October that its Model 3 car had the lowest risk of occupant injury of any vehicle in U.S. government tests, but U.S. National Highway Traffic Safety Administration (NHTSA) said it was inconsistent with the agency’s usage guidelines