July 31, 2018
Attacks targeting business email accounts continued to climb in the second quarter. Hardest hit were organizations using Office 365, the popular cloud-based product, according to data released by specialty insurer Beazley. Email compromises accounted for 23 percent of incidents reported …
July 31, 2018
A lawsuit charges that improper equipment led a Delaware firefighter to fall to his death from a helicopter during a 2016 training exercise. The News Journal of Wilmington reported that firefighter Timothy McClanahan’s family filed the lawsuit this month. The …
July 31, 2018
Maryland, a state that already had one of the country’s most punishing overdose mortality rates, notched a record-high number of drug deaths last year. The grim milestone was fueled by an alarming increase of fentanyl-related fatalities. Despite renewed efforts to …
July 31, 2018
A Long Island county where a 12-year-old boy died during a boating safety lesson now has a new law aimed at preventing such tragedies from happening again. Newsday reports that Suffolk County Executive Steve Bellone signed Ryan’s Law on Saturday …
July 31, 2018
A draft of a sweeping data privacy bill has been submitted to India’s government that, if enacted, will restrict the transfer and storage of information on more than 1 billion people by global technology corporations from Facebook Inc. to Google. …
July 31, 2018
Travelers Insurance is seeking a full Sixth Circuit court reconsideration of its three-judge panel ruling that said the insurer’s crime insurance policy’s computer fraud clause covered a loss due to money transfer involving fraudulent emails. In seeking an en banc …
July 31, 2018
The Hanover Insurance Group, Inc. has appointed Eric C. Cernak has the head of its cyber practice. In this role, Cernak is responsible for overseeing corporate cyber strategy across all of its commercial lines and specialty businesses, to ensure a …
July 31, 2018
Hong Kong billionaire Richard Li’s FWD Group is considering listing in Singapore with a dual-class structure, as the insurer moves ahead with its initial public offering preparations, people with knowledge of the matter said. FWD is discussing with advisers the …
July 31, 2018
AXIS Capital Holdings Ltd. announced the launch of AXIS Digital Ventures, a new unit that will lead enterprise-wide efforts to partner with insurtech companies that focus on high value re/insurance applications, new product opportunities and new distribution and re/insurance business …
July 31, 2018
British electricals and mobile phone retailer Dixons Carphone said on Tuesday that about 10 million records containing personal data of customers may have been obtained in a cyber attack in 2017, much higher than its earlier estimates. The company, which …