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

IBM Big Data Hub

For other financial services firms outside of the insurance sector, property accepted as loan security might face climate-related risks as well. Across the financial sector, there are transition risks to consider as we move to a low-carbon economy. Financial services firms can use the tool for “what if?”

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The Week in Cyber Security and Data Privacy: 12 – 18 February 2024

IT Governance

At the end of each month, these incidents – and any others that we find – will be used to inform our monthly analysis of data breaches and cyber attacks. TB of ASA Electronics data to its leak site The ALPHV/BlackCat ransomware gang is attempting to extort a ransom from ASA Electronics for 2.7 Data breached: 2.7

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Cybersecurity agencies published a joint LockBit ransomware advisory

Security Affairs

The operation targeted many organizations in critical infrastructure sectors, including financial services, food and agriculture, education, energy, government and emergency services, healthcare, manufacturing, and transportation. Red, LockBit 3.0/Black, ” reads the joint advisory.

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US GOV OFFERS A REWARD OF UP TO $15M FOR INFO ON LOCKBIT GANG MEMBERS AND AFFILIATES

Security Affairs

Law enforcement also had access to data stolen from the victims of the ransomware operation, a circumstance that highlights the fact that even when a ransom is paid, the ransomware gang often fails to delete the stolen information. reads the NCA’s announcement. It’s unclear which version of the ransomware is targeted by the decryptor.

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Turning climate risks into business opportunities 

IBM Big Data Hub

In some business sectors, such as financial services, fast-moving consumer goods and healthcare, business interruptions can have a significant detrimental impact on daily life. In the US, the Texas Department of Agriculture identified climate change as a potential threat to the state’s food supply.

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More details about Operation Cronos that disrupted Lockbit operation

Security Affairs

Law enforcement also had access to data stolen from the victims of the ransomware operation, a circumstance that highlights the fact that even when a ransom is paid, the ransomware gang often fails to delete the stolen information. ” reads the NCA’s announcement.

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How AI is helping companies meet sustainability goals

IBM Big Data Hub

AI solutions work by collecting asset performance data and feeding it into machine learning models, which can predict asset health and risk of failure. This use case shows how AI can help by processing unstructured image and video data in addition to structured data in the previous examples.