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‘Cyberattack’ knocks thousands offline in Europe

by AIP Online Bureau | Mar 6, 2022 | Eco/Invest/Demography, International News, Non-Life, Technology

“Due to a massive disruption of the satellite connection in Europe, remote monitoring and control of thousands of wind power converters is currently only possible to a limited extent,” mentioned the producer, Germany’s Enercon which mentioned the issues began on...

Russian cyberattacks may test insurer war exclusion policy language: Fitch

by AIP Online Bureau | Mar 2, 2022 | International News, Non-Life, Reinsurance, Technology

Larger insurers have taken significant pricing and underwriting actions in response to rising cyber claims in recent years, including tightened contract language, which should help mitigate underwriting losses in the current uncertain environment, Fitch Ratings says...

IMF, 10 countries simulate cyberattack on global financial system

by AIP Online Bureau | Dec 10, 2021 | Eco/Invest/Demography, International News, Risk Management

Rahav Shalom-Revivo, head of Israel’s financial cyber engagements, said international collaboration between finance ministries and international organizations “is key for the resilience of the financial eco-system.” JERUSALEM: Israel on Thursday led...
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