CTO / Technology
Mini Flash Crashes Caused By Sloppiness, Not A Broken Market: SEC
Unexplained rapid price drops in single stocks have generally been triggered by human error, not nefarious trading activity or high-speed trading algorithms gone wild, an official at the U.S. ...
Microsoft Offers Hefty Bounties To Thwart Hackers
Microsoft Corp. is looking to recruit computer geeks in its ongoing efforts to protect Windows PCs from attacks, offering rewards of as much as $150,000 to anybody who helps identify and fix major ...
Insurers Surveyed Not Confident In Ability To Manage Emerging Risks: Towers Watson
According to a recent survey of 500 global insurance executives conducted by Towers Watson recently, most believe they are ill-prepared to face emerging trends of attracting talent, using advanced ...
Cyber Disclosure To SEC Not Universal; Even Insurer Fails To Report: Willis
A majority of the U.S. listed Fortune 500 firms are following the U.S. Securities and Exchange Guidelines by providing some level of disclosure regarding cyber exposures, but disclosure is not ...
Dark Clouds Forming; Data Security Hurricanes Ahead For Cyber Insurers
Data security and privacy (cyber liability) insurance has become one of the hottest topics for the insurance industry and an area of growth for an industry emerging from a soft market. While data and ...
Obama Orders Patent Changes to Combat Abuses
President Barack Obama announced a series of actions aimed at protecting technology, finance and retail companies from lawsuits and demands for fees by businesses that abuse the patent system. The ...
Encryption: What’s The Big Secret?
So your organization sells a data breach or cyber liability insurance product that covers notification costs and ancillary services in the event your insured has a data breach and their customer's ...
European vs. U.S. Hurricane Models: Which Is Better?
When forecasters from the National Weather Service track a hurricane, they use models from several different supercomputers located around the world to create their predictions. Some of those models ...