Government
Chubb CEO Greenberg: Don’t Ban Ransomware Payments (Except Maybe Cryptocurrency)
How can insurers and society combat ransomware? Chubb Chairman and CEO Evan Greenberg is doubling down against outlawing ransomware payments to address the issue. He appears to make an exception, ...
U.S. Mandates ‘Urgently Needed’ Cybersecurity Protections for Critical Pipeline Owners
The Department of Homeland Security on Tuesday required owners and operators of critical pipelines that transport hazardous liquids and natural gas to implement "urgently needed protections against ...
Coalition Joins Canada’s Excess Cyber Insurance Market
Coalition plans to enter the excess cyber insurance market in Canada with enhanced coverage to help protect businesses. With the coverage, the San Francisco-based cyber insurance and security company ...
Aviva Warns UK Government Safety Plan for High-Rise Buildings Could Push Away Investors
Aviva Plc, the UK insurer and asset manager, warned the government that new safety proposals for high-rise apartment blocks could steer institutional investors away from the residential property ...
Global Financial Regulators Seek Coordinated Efforts to Prepare for Climate Change Risks
The world's top financial regulators want to coordinate efforts to prepare for potential risks from climate change as authorities still lack common standards for assessing what could be one of the ...
EU Auditors Want Polluters to Have Insurance or Funds to Fix Environment
Taxpayers are too often being forced to pay to clean up environmental damage while the companies responsible dodge the costs, the European Court of Auditors said on Monday. The European Union's ...
NHSTA Orders Crash Reports on Autonomous Vehicles, ADAS-Involved Accidents
The U.S. government's highway safety agency has ordered automakers to report any crashes involving fully autonomous vehicles or partially automated driver assist systems. The move Tuesday by the ...
Gas Station Files Class Action Against Colonial Pipeline After Cyber Attack
Colonial Pipeline Co. was sued by a gas station seeking to represent thousands more over the ransomware attack in May that paralyzed the U.S. East Coast's flow of gasoline, diesel and jet fuel. EZ ...