Technology/Science
Shipping Industry Starts Embracing Retro Tech as Cyber Threat Deterrence
The risk of cyber attacks targeting ships' satellite navigation is pushing nations to delve back through history and develop back-up systems with roots in World War Two radio technology. Ships use ...
From Here to Autonomy: Morality and Retirement Timeline for Auto Insurance Pros
While the media, ethicists and perhaps the public like to ponder whether a self-driving car in a crisis should be programmed to hit a group of nuns crossing the street or hit a bus full of ...
Silent Attacks and Cyber War: What Cyber Insurance Experts Worry About
During the RMS Cyber Risk Seminar, RMS SVP Peter Ulrich asked cyber insurance market participants what keeps them up at night. Here's what they said. Lori Bailey, global head of special lines for ...
WannaCry, Petya Cyber Attacks Cost Europe’s Companies Hundreds of Millions of Dolllars
Global hackers have unleashed a brace of attacks in recent months, but while their haul in bitcoin has been paltry, the revenue hit to companies infected is reaching into the hundreds of millions of ...
Farmers Debuts Drone Fleet for Major Storm Claims Assessments
Farmers Insurance disclosed it has started using a fleet of drones to help facilitate the claims process for customers reeling from roof damage after major storms. The drone launch follows a series ...
Data Breaches Caused by Employee Error Still a Huge Problem: Beazley
Hacking and malware attacks including ransomware attacks continue to be the leading cause of breaches, accounting for 32 percent of the 1,330 incidents that insurer Beazley's in-house Breach Response ...
Securing the ‘Internet of Things’ Basis of Bipartisan Senate Bill
A bipartisan group of U.S. senators on Tuesday plans to introduce legislation seeking to address vulnerabilities in computing devices embedded in everyday objects - known in the tech industry as the ...
Commercial Drone Startup Atlas Dynamics Raises $8M; Market Focus Includes Insurance Industry
A commercial drone startup based in Latvia with an eye, in part, on the insurance industry has raised $8 million in funding. Atlas Dynamics declined to disclose its specific investors, other than ...