Claims & Reserving
WhatsApp Urges Users to Download Update After Spotting Software Vulnerability
WhatsApp pressed users to update its messaging service, following a report that a vulnerability in the software allowed attackers to hack into people's phones using commercial Israeli spyware. The ...
Accounting Firm Shows How Not to Handle a Cyber Hack
Dutch company Wolters Kluwer NV makes the software on which many of the world's small and mid-sized accounting firms run. Earlier this week, a cyberattack took down that software and presented a case ...
A Weak El Nino Should Linger Through August, Possibly Easing Hurricane Threats
The weak El Nino pattern that's been influencing global weather will probably stick around through August, likely bringing rain to Brazil's coffee fields while drying India's monsoon and possibly ...
Cryptocurrency Exchange Giant Reports Hack Attack
Binance, one of the world's largest cryptocurrency exchanges, said hackers withdrew 7,000 bitcoins worth about $40 million via a single transaction in a "large scale security breach," the latest in a ...
PG&E Pursues U.S. Court Sign-Off for $105M Fund to Aid Wildfire Victims
PG&E Corp on Wednesday sought court approval for a $105 million fund to help house victims of the wildfires blamed on the bankrupt California power provider. PG&E in a filing in U.S. ...
Climate Change Pushes U.S. Fund Managers to Adjust Agriculture Investments
After historic floods devastated Midwestern agricultural states this spring, some fund managers are evaluating how climate change will affect the long-term value of companies that make or sell ...
Norsk Hydro Reports $52M in Cyber Attack Costs for Q1
Norsk Hydro said the March cyber attack that paralyzed its computer networks would cost the aluminum maker up to 450 million Norwegian crowns ($52 million) in the first quarter. The Oslo-based firm, ...
In a First, D.C. Eyes Retrofitting or Removing All Flood-Prone Buildings by 2050
Washington is announcing a goal of retrofitting or removing all of its flood-prone buildings by 2050, the first major U.S. city to set such a policy. The proposal is part of a broader plan to protect ...