cloud computing News
Insurers Question Cloud Benefits
Nearly 40 percent of insurers remain unconvinced or dissatisfied with cloud computing, according to the results of a new survey, "Is Moving to Cloud Worth It?" by Celent, a research and advisory firm ...
U.S. Treasury Wants Financial Firms to Examine Cloud Services
U.S. Treasury Department officials are urging the financial sector to address potential challenges in using cloud computing services, warning in a report on Wednesday that failure to do so could ...
Microsoft Warns Thousands of Cloud Customers About Exposed Databases
Microsoft on Thursday warned thousands of its cloud computing customers, including some of the world's largest companies, that intruders could have the ability to read, change or even delete their ...
Insurers Accelerate Their Flight to the Cloud: Novarica
Insurers are largely planning to expand their cloud usage into new areas in the coming months, according to a new Novarica study. Approximately 75 percent of insurers said they would expand their use ...
Carriers Will Increasingly Turn to the Cloud in 2019: Deloitte Prediction
Insurers are poised to increasingly embrace the cloud and related technologies in 2019, according to predictions Deloitte makes in a new report. Deloitte argues that for the insurance industry, an ...
Cloud Computing Is Becoming a Pricy Business Interruption Risk: Hartford Steam Boiler
Cloud computing is shaping up to be a pricy and challenging business interruption risk, according to a new survey from Munich Re/Hartford Steam Boiler. According to the 2018 HSB survey, 34 percent of ...
Expect Up to $19B in Losses With a U.S. Cloud-Computing Failure
A cyber problem that temporary shuts down a top U.S. cloud computing provider could trigger as much as $19 billion in business losses, only a fraction of which would be insured, Lloyd's of London ...
Drought, Cloud Computing Top Swiss Re’s P/C Emerging Risks
Drought and cloud computing would not necessarily go together, but they do in the world of insurance risk. Swiss Re sees both as the greatest risks property/casualty insurers will face in the coming ...