DETROIT – The Volkswagen executive who once was in charge of complying with U.S. emissions regulations was arrested during the weekend in Florida and accused of deceiving federal regulators about the use of special software that cheated on emissions tests.…
Thunder Bay, Ont.-based brokerage Smith & Associates Insurance has announced its consolidation with The Standard Insurance Brokers, effective Tuesday. This consolidation will allow both organizations to offer a broader scope of products to clients, enhance their long established relationships with…
The federal government has provided a five-year $46.6 million investment to the University of Victoria’s (UVic) Ocean Networks Canada (ONC) to support its continued research and development. ONC pioneers ocean observatories that stream live data 24/7 to researchers across Canada…
Trustwave has expanded its suite of merchant risk management services with the release of a transaction laundering detection (TLD) service designed to helping with monitoring and managing associated risk. The product is designed for acquiring banks, payment processors, payment gateways…
Technology consultancy X by 2 has expanded its footprint by taking its first-ever step into Canada, a move meant to beef up service to its growing client base in the Canadian insurance market. Focused on the practice of architecture for…
Global businesses are not confident on how to protect themselves against threats like targeted cyberattacks and distributed denial of services (DDoS) attacks, according to new research from worldwide cybersecurity company Kaspersky Lab. Research from the Corporate IT Security Risks annual…
Using carpooling options from companies like Uber and Lyft could reduce the number of vehicles on the road in the New York City by a factor of three without significantly impacting travel time, according to a new study from the…
EDMONTON – A University of Alberta student is facing numerous charges after a cyber-attack on university computers. The university says on Nov. 22 it found malware on 287 computers, which potentially affected more than 3,300 faculty, staff and students. It…
Worldwide spending on the Internet of Things (IoT) was forecast to reach US$737 billion in 2016 and grow at a compound annual growth rate (CAGR) of 15.6% from 2015-2020 to US$1.29 trillion, according to the International Data Corporation (IDC). The…
While consumers in the United States are excited by the progression toward “connected living,” they are also concerned about identity theft, cyberattacks and privacy issues, according to a new report from Assurant, Inc., a global provider of risk management solutions.…
Top 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…
TORONTO – Ontario’s Hydro One says it is assisting Canadian law enforcement agencies in an ongoing investigation into a possible cyber threat against the electricity distributor. The company’s chief security officer, Rick Haier, says they were contacted by the RCMP…