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Robots running the industrial world are open to cyber attacks

Robots are often connected to networks and run via software, according to the report, and previously unknown vulnerabilities could allow hackers to hide malicious code in them and other automated, programmable manufacturing machines.

The researcher found flaws in software produced and distributed by the Swedish-Swiss multinational ABB Ltd, one among world’s largest industrial robot maker. They also found other vulnerabilities in one of industry’s most popular open-source software called “Robot Operating System Industrial”, or Ros-I, adapted for ABB and for Kuka AG, a German robot maker.

Morgan Stanley launches Property & Casualty insurance for high net worth clients

Through this new arrangement, HUB International, Marsh Private Client Services, and Willis Towers Watson will assist Morgan Stanley clients in assessing their risk exposures and provide solutions to help them protect their assets. The insurance brokers will leverage their deep relationships with a vast array of insurance companies and their global footprint of dedicated specialists and in-house resources

Beirut devastating explosion to weigh on Lebanon’s challenged insurance sector:AM Best

Insurance penetration rates in Lebanon generally are low and property insurance represents only a small fraction of the Lebanese insurance industry, which is dominated by three segments: life, medical and motor. Based on the latest available data, together these segments accounted for almost 85% of Lebanon’s gross written premium (GWP) in 2018.

Global recovery could be faster if COVID vaccine made available to all:WHO chief

“Sharing vaccines or sharing other tools actually helps the world to recover together. The economic recovery can be faster and the damage from COVID-19 could be less,” World Health Organization Director General Tedros Adhanom Ghebreyesus .

“Vaccine nationalism is not good, it will not help us,” he said in an allusion to the competitive scramble of nations and pharmaceutical researchers to come up with an effective vaccine and order as many doses as possible in advance.

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