CTO / Technology
Towers Watson Launches New Terror Risk Modeling Software
Global professional services company Towers Watson has introduced new predictive modeling software designed to help carriers and non-insurers assess terrorism risk. The company unveiled its Sunstone ...
Bogus Tweet Briefly Disrupts Financial Markets
Markets for stocks, bonds, oil and commodities were briefly roiled on Tuesday after a bogus report of explosions at the White House. Shortly after 1 p.m. (1700 GMT), U.S. government debt prices ...
Cyber Risk Still Not Insured By Most RMs: Towers Watson Survey
Carriers offering cyber insurance may have seen an increase in demand for their specialty insurance policies over the past year, but more than 60 percent of risk managers surveyed say they still ...
Using Big Data To Improve Homeowners Insurance Products
There is no doubt that so-called Big Data is changing the way many companies do business. The volume of information being generated by web activity is growing exponentially and the technology has ...
Google Again Beats Viacom in YouTube Copyright Case
A federal judge has thrown out Viacom Inc.'s lawsuit accusing Google Inc. of posting its programs on YouTube without permission, a year after a federal appeals court had revived the landmark ...
Researchers Develop Device to Mitigate Blackouts, Prevent Equipment Damage
A local power failure in Ohio ten years ago caused a series of cascading power failures that resulted in a massive blackout that affected 50 million people and caused billions of dollars in damage ...Oracle Fixes 42 Holes In Java To Revive Security Confidence
Oracle Corp. released a major security update on Tuesday for the version ofJava programming language that runs inside Web browsers to make it a less popular target for hackers. The patch fixes 42 ...
Targeting China IT In Cyber Security Law Is Discriminatory, U.S. Biz Group Says
The U.S.-China Business Council on Monday criticized a new U.S. law aimed at thwarting cyber attacks by discouraging the Justice Department and several other government agencies from buying ...