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Mitigating the impact of climate change in insurance and other financial services  

IBM Big Data Hub

According to Berenberg analysts , individual insurance companies faced total claims estimates of up to approximately USD 300 million. For other financial services firms outside of the insurance sector, property accepted as loan security might face climate-related risks as well.

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Episode 218: Denial of Sustenance Attacks -The Cyber Risk To Agriculture

The Security Ledger

agriculture could, in short order, lead to foot shortages and hunger in the U.S. Episode 158: How NotPetya has Insurers grappling with Systemic Cyber Risk. agriculture sector could be much more dire than expensive hamburger or a supermarket shopping bag filled with petrol. Forget about Colonial Pipeline and JBS. and abroad.

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Security Blueprints of Many Companies Leaked in Hack of Swedish Firm Gunnebo

Krebs on Security

In March 2020, KrebsOnSecurity alerted Swedish security giant Gunnebo Group that hackers had broken into its network and sold the access to a criminal group which specializes in deploying ransomware. Five months later, Gunnebo disclosed it had suffered a cyber attack targeting its IT systems that forced the shutdown of internal servers.

Security 357
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Australia: Consumer Data Right pipeline to cast a wide net

DLA Piper Privacy Matters

These sectors include: insurance (both general and health insurance); groceries; loyalty schemes; non-bank lenders; superannuation; transport; government; health; education; and. agriculture. Sector designation. the potential for competition and innovation in the relevant sector and the Australian economy more broadly.

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The Internet of Things (IoT): Managing the Data Tsunami

Collibra

The Internet-of-Things has the potential to transform a range of industries – from automotive and agriculture through to healthcare, home appliances and insurance services. For example, data collected by wearable health-tracking devices has become of increasing importance and value to providers of life and medical insurance.

IoT 56
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Turning climate risks into business opportunities 

IBM Big Data Hub

Substantial repair costs might arise, particularly impacting insurance companies. In the US, the Texas Department of Agriculture identified climate change as a potential threat to the state’s food supply. What is climate risk? Power shutdowns might occur across the grid, and supply chains might face interruptions.

Risk 60
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Telstra warns public trust will crumble unless access to data is limited

The Guardian Data Protection

Telco says diverse agencies accessing data through legal loophole need to follow the same process as law enforcement bodies Telstra has warned that public trust in the security of their data will be eroded if government agencies continue to be allowed access to it without appropriate authorisation.

Access 46