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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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A Russian national charged for committing LockBit Ransomware attacks

Security Affairs

In securing the arrest of a second Russian national affiliated with the LockBit ransomware, the Department has once again demonstrated the long arm of the law. On April 26, 2021, Matveev and his Babuk coconspirators hit the Metropolitan Police Department in Washington, D.C.

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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. About the essayist: Skip Sanzeri is COO of QuSecure , supplier of QuProtect™, a state-of-the-art, software-based quantum security solution.

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CISA issues proposed rules for cyber incident reporting in critical infrastructure

Data Protection Report

On March 27, 2024, the Cybersecurity and Infrastructure Security Agency (“CISA”) published a Notice of Proposed Rulemaking for the Cyber Incident Reporting for Critical Infrastructure Act of 2022 (“CIRCIA”), which imposes new reporting requirements for entities operating in critical infrastructure sectors.

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

Data Protection Report

The DGR, proposed in the EC’s February 2020 Digital Strategy , is the first of a wave of regulatory and antitrust reforms targeting the digital sector, which will include additional legislative proposals in 2020 and early 2021, as well as significant changes to the EC’s enforcement of European Union ( EU ) competition rules.