Technology/Science
Oceanwide Launches Online Cloud Provider Risk Assessment Tool for Insurers
Oceanwide, Inc.announced the launch of its Cloud Provider Assessment Model (CPAM) Thursday, noting that the tool was designed for the insurance industry to give information technology (IT) and ...
Visa CFO Says Industry Fraud Costs to Soar as Hackers Innovate
Payment networks, retailers and banks will continue to face significant costs to address fraud as hackers find new ways to steal data, according to Byron Pollitt, chief financial officer of Visa Inc. ...
Cyber Attacks Increasing, Costing Millions, Straining Internet
Crashing websites and overwhelming data centers, a new generation of cyber attacks is costing millions and straining the structure of the Internet. While some attackers are diehard activists, ...
Insurers Took Some of Cyber Breach Impact, Target Says
Target Corp. shares made strong gains after it reassured investors that customers were beginning to return to its U.S. stores, suggesting that the impact of a massive data breach may not be as severe ...
Rolls-Royce Drone Ships Promise Safer, Cheaper Cargo Industry
In an age of aerial drones and driverless cars, Rolls-Royce Holdings Plc is designing unmanned cargo ships. Rolls-Royce's Blue Ocean development team has set up a virtual-reality prototype at its ...
New Esurance Tool Predicts Direction of Gas Prices
Esurance, the direct-to-consumer insurance company, announced the launch of Fuelcaster on Tuesday—a free online tool that predicts whether gas prices will rise or fall. Fuelcaster empowers ...
Guy Carpenter’s Satellite Imaging Service Assisting Insurers with UK Floods
Reinsurance specialist Guy Carpenter & Co. recently launched a satellite-based catastrophe evaluation service, GC CAT-VIEWSM, which it is already using to provide clients affected by the recent ...
U.S. AG Says National Standard Needed for Breach Notices
U.S. Attorney General Eric Holder, citing the recent massive data theft at retailer Target Corp, urged Congress on Monday to enact a national standard for notifying consumers about such breaches. ...