Remove Agriculture Remove Data Remove Insurance Remove Security
article thumbnail

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.

article thumbnail

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. The company has operations in 25 countries, more than 4,000 employees, and billions in revenue annually. Acting on a tip from Milwaukee, Wis.-based

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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. Fowler sent a responsible disclosure notice when he discovered the database and it was secured the following day. Data breached: 2.7 Date breached: 384,658,212 records.

article thumbnail

The Week in Cyber Security and Data Privacy: 5 – 11 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. Financial information, medical data, health reimbursements, postal addresses, telephone numbers and emails are not thought to have been compromised.

article thumbnail

Turning climate risks into business opportunities 

IBM Big Data Hub

Substantial repair costs might arise, particularly impacting insurance companies. Therefore, the states worked with Mercados EMI , a consultancy firm specializing in the energy sector, to build an AI-based demand forecasting system that uses weather pattern data and electricity demand data.

Risk 65
article thumbnail

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 45
article thumbnail

Knock, Knock; Who’s There? – IoT Device Identification & Data Integrity Is No Joke

Thales Cloud Protection & Licensing

They all must have unique identifiers and the ability to collect and transfer data over networks to enable monitoring, surveillance, and execution of decisions based on the collected data with little or no human intervention. But making the IoT work requires trust in the devices and the data they collect.

IoT 72