Keyword
software
Kaspersky finds “invisible” cyberattacks in 40 countries using legitimate software
February 10, 2017 by Canadian UnderwriterGlobal cybersecurity company Kaspersky Lab has reported that it has found “invisible” cyberattacks in 40 countries, attacks that are using only legitimate software. The series of targeted attacks use “widely available penetration-testing and administration tools, as well as the PowerShell…
Welcoming Host
February 1, 2017 Satya Sarangi, President and Chief Executive Officer, TmaxSoft CanadaMainframes have proved essential over the decades for insurers needing to run core applications. But are these once-reliable units becoming a hindrance to innovation? Is modernization of mainframes essential for the global insurance industry?
New mobile app allows policyholders to self-serve auto, property insurance policies through their mobile devices
January 24, 2017 by Canadian UnderwriterKTX Insurance Brokers Ltd. is looking to respond to consumer demand to interact online with the launch of a new mobile app that allows policyholders to access both advice from licensed brokers and self-serve their insurance policies online. Through the…
Fiat Chrysler Automobiles receives notice of violation for alleged failure to disclose software that increases air pollution from vehicles
January 13, 2017 by Canadian UnderwriterThe U.S. Environmental Protection Agency (EPA) announced on Thursday that it has issued a notice of violation to Fiat Chrysler Automobiles N.V. and FCA US LLC (collectively FCA) for allegedly failing to disclose software that increases air pollution from vehicles.…
Second VW employee arrested over emissions scheme
January 10, 2017 Tom Krisher and Eric Tucker - THE ASSOCIATED PRESSDETROIT – 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.…
BlackBerry creates autonomous vehicle innovation centre in Ottawa
December 20, 2016 by Canadian UnderwriterBlackBerry has announced the creation of the BlackBerry QNX Autonomous Vehicle Innovation Centre (AVIC). John Chen, executive chairman and CEO of BlackBerry Limited and Canadian Prime Minister Justin Trudeau unveiled AVIC on Monday. Housed within the BlackBerry QNX facility in…
ICBC identifies over 3,000 possible fraud alerts on open claims with new analytics software
December 9, 2016 by Canadian UnderwriterThe Insurance Corporation of British Columbia (ICBC) has discovered 3,300 possible fraud alerts on open claims over the last three years following a review with a new analytics tool. ICBC reported on Thursday that it has signed a five-year agreement…
Global IT spending to reach US$3.5 trillion in 2017: Gartner
October 19, 2016 by Canadian UnderwriterDriven by growth in software and IT services revenue, worldwide IT spending is forecast to reach US$3.5 trillion in 2017, up 2.9% from 2016 estimated spending of US$3.4 trillion, according to the latest forecast by Gartner, Inc. Gartner, an information…
Worldwide revenue for security technology to surpass US$100 billion in 2020: International Data Corporation
October 13, 2016 by Canadian UnderwriterWorldwide revenues for security-related hardware, software and services will grow from US$73.7 billion in 2016 to US$101.6 billion in 2020, according to the International Data Corporation’s (IDC) first Worldwide Semiannual Security Spending Guide. The report, released on Wednesday, said that…
U.S. government previews rules of the road for self-driving cars
September 20, 2016 Joan Lowy and Justin Pritchard - THE ASSOCIATED PRESSWASHINGTON – Obama administration officials previewed long-awaited guidance Monday that attempts to bring self-driving cars to the nation’s roadways safely – without creating so many roadblocks that the technology can’t make it to market quickly. Traditional automakers and tech companies…
One in three Americans hacked in the past year, new HSB cyber survey finds
September 13, 2016 by Canadian UnderwriterMore than one-third of consumers in the United States experienced a computer virus, hacking incident or other cyberattack in the past 12 months, according to a new survey by Zogby Analytics for The Hartford Steam Boiler Inspection and Insurance Company…
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…