Litigation/Liability Trends
‘Olympic Destroyer’ Malware Likely Used to Target Pyeongchang Games
Several U.S. cyber security firms said on Monday that they had uncovered a computer virus dubbed "Olympic Destroyer" that was likely used in an attack on Friday's opening ceremony of the Pyeongchang ...
Takata Clears Path Out of Bankruptcy by Settling Air Bag Claims
Takata Corp.'s U.S. operations, pushed into bankruptcy by the largest automotive recall in U.S. history, settled with two groups representing victims of its faulty air bags, the company said in court ...
Buffett’s Business Wire Finally Fends Off Denial of Service Cyber Attack
Business Wire, the corporate news release distributor owned by Warren Buffett's Berkshire Hathaway Inc, on Friday said it had fended off a cyber attack designed to disable it, and that its system was ...
Uber Will Pay $245M of Its Own Shares to Settle Waymo Self-Driving Auto Dispute
Uber Technologies Inc will pay $245 million worth of its own shares to Alphabet Inc's Waymo self-driving vehicle unit to settle a legal dispute over trade secrets, allowing Uber's new chief executive ...
U.S. Drought Footprint in January Reached Largest Levels Since 2014
In January, the East was cold, the West was warm and drought reached its largest extent since 2014, the National Centers for Environmental Information said Wednesday. The average temperature across ...
U.S. Treasury Security Mnuchin Seeks Answers From Consumer Bureau on Equifax Breach
U.S. Treasury Secretary Steven Mnuchin on Tuesday said he wants to know how the Consumer Financial Protection Bureau is handling a probe into a hack of credit bureau Equifax Inc after a report that ...
Latest Amtrak Crash Underscores Pending Deadline for Rail Safety System
Only about a quarter of U.S. railroad tracks that carry passenger trains have an anti-crash system that safety officials say could have prevented a fatal weekend crash, even though a year-end ...
Cyber FICO Ratings Could Benefit Insurance Underwriting in Multiple Ways
Nearly 30 years ago the Fair Isaac Corporation ("FICO") first introduced its metric for measuring creditworthiness. Since then, the FICO Score has become a default metric used by countless market ...