Topic
Technology
Cyberattacks against critical infrastructure, manufacturers likely to target industrial control systems to manipulate operations: AGCS
June 1, 2016 by Canadian UnderwriterRather than stealing data, cyberattacks against critical infrastructure and manufacturers are more likely to target industrial control systems (ICS) to manipulate or shut down operations, Allianz Global Corporate & Specialty (AGCS) said on Wednesday. As energy, transportation or telecommunication companies,…
8 automakers recall over 12M vehicles for Takata air bags
May 27, 2016 Tom Krisher - THE ASSOCIATED PRESSDETROIT – Eight automakers are recalling more than 12 million vehicles in the U.S. to replace potentially dangerous Takata air bag inflators. Documents detailing recalls by Honda, Fiat Chrysler, Toyota, Mazda, Nissan, Subaru, Ferrari and Mitsubishi were posted Friday by…
Alberta, Ontario premiers announce MOU on cleantech initiatives
May 27, 2016 by Canadian UnderwriterThe Premiers of Alberta and Ontario announced on Thursday a new Memorandum of Understanding (MOU) to accelerate the development of cleantech initiatives. Alberta Premier Rachel Notley and Ontario Premier Kathleen Wynne met in Edmonton on Thursday to discuss new opportunities…
Cyber security awareness training critical for businesses, data breaches changing online behaviours
May 27, 2016 by Canadian UnderwriterEmployees need to become advocates of cyber security to reduce associated risks and help better protect the businesses for which they work, suggests Joe Ferrara, president and CEO of Pittsburgh-based Wombat Security Technologies. “Security awareness training has become a business-critical…
Insurance industry ‘has to be ready’ for automated vehicles: Insurance Institute speaker
May 25, 2016 Greg Meckbach, Associate EditorThe rollout of fully autonomous vehicles for consumers “is quite a bit further off than we might expect,” and experts need to educate consumers about the limitations of the technology, but insurance providers should get ready over the next five…
Internet fragmentation among top emerging risks for the reinsurance industry, society: Swiss Re
May 25, 2016 by Canadian UnderwriterInternet fragmentation is among the top three emerging risks – of the 21 detailed in Swiss Re’s latest SONAR report released Wednesday – with the highest potential impact on the reinsurance industry and society. “Firewalls, special software to filter out…
Judge: Substantial progress in Volkswagen emissions talks
May 25, 2016 Sudhin Thanawala - THE ASSOCIATED PRESSSAN FRANCISCO – Volkswagen and attorneys for vehicle owners affected by the company’s emissions cheating scandal are on target to meet a June deadline for a final settlement proposal, a federal judge said Tuesday. Senior U.S. District Court Judge Charles…
Some challenges remain in accessing, using valuable business intelligence data: U.S. survey
May 24, 2016 by Canadian UnderwriterA new survey out of the United States shows wide agreement that business intelligence (BI) data can provide a company with a competitive edge, but ongoing challenges remain about how best to get and use that information. Washington, D.C.-based B2B…
Global media and telecom executives rank data protection fines and penalties as top risk to their industries: Willis Towers Watson
May 24, 2016 by Canadian UnderwriterGlobal media and telecommunication executives both ranked regulatory fines and penalties arising from data protection breaches as the primary risk facing their respective industries, according to new research released on Tuesday by global advisory, broking and solutions company Willis Towers…
Young British drivers understand emoji road signs better than real road signs, new poll finds
May 20, 2016 by Canadian UnderwriterYoung drivers in Britain understand emoji road signs better than real road signs, new research from MORE TH>N, a trading name of Royal & Sun Alliance Insurance plc (RSA), has found. The research was conducted by OnePoll on behalf of…
Designated highway texting zones bill passes second reading in Ontario legislature
May 20, 2016 by Canadian UnderwriterOntario politicians from all three parties spoke Thursday in favour of an opposition private member’s bill that proposes to allow the transportation minister to “create designated highway texting zones.” Bill 190, the Safe Texting Zones Act, was referred Thursday to…
LinkedIn confirms 2012 hack exposed 117M user passwords
May 20, 2016 The Associated PressNEW YORK – LinkedIn said Wednesday that a 2012 breach resulted in more than 100 million of its users’ passwords being compromised – vastly more than previously thought. The business social network said that it believes to be true a…