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

IBM Big Data Hub

These climate events have a huge potential impact on financial institutions. In 2021, large-scale floods affected the European countries of Austria, Germany, Belgium, the Netherlands and Luxembourg, causing USD 43 billion worth of damage in addition to a tragic loss of life. Financial services firms can use the tool for “what if?”

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GUEST ESSAY: Why organizations need to prepare for cyber attacks fueled by quantum computers

The Last Watchdog

For example, in 2021 the Colonial Pipeline was hacked, and the company decided to pay $5 million in ransom since most of the East Coast’s fuel supply was shut down. Panicked East Coast Americans began hoarding gas due to a major disruption in fuel supply.

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EU data governance regulation – a wave of digital, regulatory and antitrust reform begins – Part 1

Data Protection Report

This is part one of a series of three blog posts. In this first blog post, we outline key aspects of the DGR, set it in the context of other reforms proposed by the EC, consider public-sector data sharing under the DGR, and look at its potential impact on businesses. These are described in our second blog post.