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EU dismisses UK concerns about Post-Brexit continuity of Insurance Contracts

At issue is the ability of firms to continue servicing contracts if the U.K. leaves the EU with no agreement in place to ensure firms still have the authorizations they need to do business in both markets. Without those permissions, firms could be unable to carry out so-called life cycle events in derivatives contracts, such as trade compression; insurers could lose the authorizations they need to collect premiums and pay claims

Aadhaar biometric data cannot be hacked, says Ravi Shankar Prasad

“(It is) so tough that even if I disclose information regarding a fingerprint and iris scan to an unknown person, except in case of national security, I can be prosecuted. That is the inclusive part we have done,” Prasad said, lauding the Modi government for “taking rapid steps in making India more digital” Union Minister for Information Technology Ravi Shankar Prasad

Financial Services Industry slams latest UK proposal for Post-Brexit EU trade ties

“Having to comply with financial regulations we have no say over would be the worst possible scenario for our world-leading insurance sector, so we will look to the government to negotiate a better outcome than this,” said Huw Evans, the director general of the Association of British Insurers. “Whatever the final outcome, the insurance industry is too important to be a rule taker.”

Mitigating Cyber Risk via Captives

There are innumerable other examples of hackers exploiting flaws in a connected object for malicious purposes. And considering the number and variety of IoT (Internet of Things) devices in use in different settings, preventing hackers from exploiting security gaps in connected objects can be a daunting proposition