Keyword
cloud
Global IoT insurance market to reach nearly US$43 billion by 2022: study
February 6, 2017 by Canadian UnderwriterThe global Internet of Things (IoT) insurance market is estimated to grow dramatically at a compound annual growth rate (CAGR) of 65.89% to reach US$42.76 billion by 2022 from 2016, according to a new report from Research and Markets. The…
82% of security operations centres of reviewed organizations vulnerable to cyber attack: HP
January 18, 2017 by Canadian UnderwriterSecurity operations centres (SOCs) south of the border are falling below target maturity levels, leaving 82% of reviewed organizations vulnerable to cyber security attacks, Hewlett Packard Enterprise (HPE) concludes in a new white paper issued Tuesday. The finding is worrisome…
Worldwide IT spending forecast to grow 2.7% in 2017: Gartner
January 13, 2017 by Canadian UnderwriterWorldwide spending on information technology is projected to total US$3.5 trillion in 2017, a 2.7% increase from 2016, according to Gartner, Inc. Gartner, a Stamford, Conn.-based IT research and advisory company, noted in a statement on Thursday that the growth…
Emerging technologies still discussed more than deployed by U.S. insurers, but balance is shifting: Novarica
January 12, 2017 by Canadian UnderwriterWhile “hot” topic areas like social media, mobile, analytics, big data, cloud, digital and Internet of Things (IoT) are still discussed more than they are deployed in most cases in the insurance industry in the United States, the balance is…
Increased cyber espionage, data integrity attacks part of global threat landscape in 2017: Stroz Friedberg
January 5, 2017 by Canadian UnderwriterTop cyber threats in the coming year include nation state cyber espionage, a rise in data integrity attacks and more attacks harnessing Internet of Things (IoT) devices, Stroz Friedberg, an Aon company, notes in its 2017 Cybersecurity Predictions report. “We…
Lemonade Insurance Company files for licences in 46 states
December 22, 2016 by Canadian UnderwriterLemonade Insurance Company announced on Friday that it has filed for a licence in 46 states and the District of Columbia in the United States, in addition to New York, where it was licensed three months ago. Lemonade, the renters…
Canadian business executives report not doing enough to protect data, security concern over migrating to the cloud persists: Microsoft Canada
October 31, 2016 by Angela StelmakowichSkepticism over security when migrating to the cloud was voiced by almost six in 10 Canadian senior-level business leaders taking part in a Microsoft Canada Inc. survey. In all, 58% of the 711 respondents from the private and public sectors…
Autonomous vehicle tech company Nauto enters into strategic agreements with Allianz Ventures, BMW and Toyota
October 11, 2016 by Canadian UnderwriterAutonomous vehicle technology company Nauto announced on Friday that it has entered into strategic agreements with BMW i Ventures, the Toyota Research Institute and Allianz Ventures, part of global financial services provider and insurance company Allianz Group. These companies have…
Fifth of surveyed U.S. businesses have not done any recent security testing for vulnerabilities
September 15, 2016 by Canadian UnderwriterAbout a fifth of surveyed businesses south of the border admit not having done any security testing for at least six months despite the lion’s share of respondents also reporting their organizations have encountered at least one security issue, notes…
Global banking, financial services and insurance security market to grow to US$48.95 billion by 2021: report
September 9, 2016 by Canadian UnderwriterThe global banking, financial services and insurance (BFSI) security market is estimated to grow to nearly US$50 billion by 2021, driven by regulatory, security and cyber factors. Market research firm MarketsandMarkets said in a report released Thursday that the BFSI…
Symcor announces strategic relationship with Majesco to deliver a cloud-based solution to Canadian insurers
September 7, 2016 by Canadian UnderwriterSymcor Inc., a Canadian provider of business processing and client communications management systems, announced on Wednesday a strategic relationship with Majesco, a global provider of core insurance software, consulting and services for insurance business transformation. The strategic relationship adds Majesco’s…
Global IT spending forecast to reach US$2.7 trillion in 2020, led by financial services, manufacturing and healthcare
August 29, 2016 by Canadian UnderwriterWorldwide revenues for information technology products and services will grow from nearly US$2.4 trillion in 2016 to more than US$2.7 trillion in 2020, according to the International Data Corporation (IDC). A newly published update to the Worldwide Semiannual IT Spending…