Technology/Science
Berkshire Hathaway’s Business Wire Dealing With Ongoing Cyber Attack
Business Wire, the corporate news release distributor owned by Warren Buffett's Berkshire Hathaway Inc, on Tuesday said it has been suffering for nearly a week from a cyberattack designed to disable ...
Most Companies’ Cybersecurity Readiness Falls Short: Hiscox Study
There are major shortfalls in the cybersecurity readiness of a large majority of firms—a reality revealed in a new international Hiscox study that reveals both a marketing opportunity and cause for ...
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 ...
Indio Technologies Pulls in $6M for Digital Commercial Insurance Broker Platform Expansion
Indio Technologies raised $6 million in new venture financing, money that will help expand the capabilities and use of its digital commercial insurance platform for brokers. The Series A financing ...
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 ...
Insurers Can Take on Coverage Gaps as Disaster Costs and Frequency Rise
Although clear challenges can come with the increasing cost and frequency of global natural disasters, there could also be untapped opportunity for insurers to tackle coverage gaps, according to ...
Apple, Cisco, Team With Allianz, Aon to Offer Cyber Policy Discounts
Apple Inc and Cisco Systems Inc have teamed up with insurer Allianz SE to offer discounts on cyber insurance to businesses that primarily use equipment from both technology companies, they said on ...
A New Hacking Threat Worsens: Fraudulent Instruction
A form of hacking is on the rise that insurers and their clients should be aware of: fraudulent instruction. The latest Beazley Breach Insights report outlines the escalating threat, where a hacker ...