Keyword
standards
Proposed model law could beef up U.S. insurers’ cyber risk management
August 17, 2017 by Canadian UnderwriterNew cyber-related obligations being proposed south of the border, if approved, could promote more rigorous cyber risk management practices in the U.S. insurance market, Fitch Ratings suggests. The CyberSecurity Working Group of the National Association of Insurance Commissioners (NAIC) has…
Cybersecurity company discovers malware designed to perform attacks on power supply infrastructure
June 12, 2017 by Canadian UnderwriterIT security company ESET Canada Inc. reported on Monday that its researchers have been analyzing samples of dangerous malware capable of performing an attack on power supply infrastructure. The malware, named Industroyer by ESET, was likely involved in the December…
Known, hidden risks in supply chains demand an overall strategy for evaluating and mitigating risk: QBE
April 26, 2017 Angela StelmakowichPHILADELPHIA – The multitude and variety of risks are becoming more predictable, indicating multinational and domestic companies can benefit from taking a look at how global interdependence affects each link of their supply chain, says Jamie Luce, senior vice president,…
Disruption becoming more of a motivator for cyber attacks: ICRMC panel
March 2, 2017 by Angela StelmakowichThe motivation and rationale behind certain cyber attacks seems to be undergoing a transition, with some actors looking to inflict the most disruption possible on a target entity simply for the “fun” of it, it was suggested Thursday during the…
Oceans Protection Plan includes robust polluter-pay approach to abandoned, derelict and wrecked vessels
November 8, 2016 by Canadian UnderwriterCanada’s new $1.5 billion national Oceans Protection Plan involves a raft of measures to help protect the country’s marine environment, including a pollution-pay approach with regard to abandoned, derelict and wrecked vessels The national plan was announced Monday in St.…
Judge approves $15 billion Volkswagen emissions settlement
October 25, 2016 The Associated PressSAN FRANCISCO – A federal judge in San Francisco has approved a nearly $15 billion court settlement of most claims against Volkswagen for its emissions-cheating scandal. U.S. District Judge Charles Breyer signed the order Tuesday approving the largest auto-scandal settlement…
Ontario politicians debate merits of mandating intelligent drive technologies
May 16, 2016 by Canadian UnderwriterThe Ontario government would have the authority to make regulations mandating collision avoidance systems such as lane departure warning, in all vehicles registered starting in 2020, if a private member’s bill before the legislature is passed into law. Bill 192,…
CSIO adds New Forms Analyst to its Toronto team
April 12, 2016 CSIO(Toronto) The Centre for Study of Insurance Operations (CSIO) is pleased to announce the appointment of Monica Hanna to the position of Forms Analyst in the Toronto office. Monica joins CSIO from Chubb Insurance, where she held the position of…