Risk
Arch Capital Closes $700M Acquisition of Watford Holdings
Bermuda-based Arch Capital Group Ltd., along with investment partners Kelso & Company and Warburg Pincus, announced the completion of its previously disclosed acquisition of Watford Holdings Ltd. ...
Finance Envisioned to Help EU Achieve Climate Neutral Continent
Europe plans to funnel hundreds of billions of euros into sustainable investments each year through EU banks and markets to create the first "climate-neutral continent" by 2050. The European Union's ...
Ransomware Attack on U.S. IT Firm Slammed Up to 1,500 Businesses
Between 800 and 1,500 businesses around the world have been affected by a ransomware attack centered on U.S. information technology firm Kaseya, its chief executive said on Monday. Fred Voccola, the ...
Experts Warn Companies Struck by REvil Ransomware Attack Could Take Weeks to Recover
Computer systems of several companies across the world, including 800 physical grocery stores of Sweden's Coop, that were shut down after attacked by REvil ransomware could take weeks to recover, ...
Drones Pulled Into Play to Help Fight Wildfires in U.S. West
In a grassy meadow outside Missoula, Montana, Jennifer Fowler eyes two drones high in the sky with weather instruments -- part of a program to see how drones can help to fight and monitor wildfires. ...
Cyber Risk Ranks High Among Businesses, but Many Still Feel Resilient: Beazley
After a legion of well publicized cyber attacks, it's no surprise that a large minority of businesses now see technology as a top risk for their company. At the same time, they also see themselves as ...
Advanced Driver Safety Systems Face Increased U.S. Regulatory Scrutiny
U.S. regulators on Tuesday said they would keep a closer eye on the automotive industry as it rolls out advanced driver safety systems, tracking the new technologies to spot potential defects faster. ...
Fireworks Pollution Is Real—and Could Have Health Impacts
Fireworks are synonymous in the United States with the celebration of Independence Day and other special events, but the colorful displays have caused a growing risk to public safety in recent years, ...