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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. As a result, their market would shrink.

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Turning climate risks into business opportunities 

IBM Big Data Hub

As businesses make plans to mitigate climate risks such as extreme weather events, they have an opportunity to innovate with new business models and demonstrate leadership by implementing more sustainable practices. What is climate risk? Substantial repair costs might arise, particularly impacting insurance companies.

Risk 65
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The Week in Cyber Security and Data Privacy: 5 – 11 February 2024

IT Governance

Compromised data includes policyholders’ and their families’ civil status, dates of birth and social security numbers, as well as the name of their health insurer and information relating to their contracts. GB Signature Performance, Inc. GB Signature Performance, Inc.

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The most valuable AI use cases for business

IBM Big Data Hub

Agricultural machines can engage in autonomous pruning, moving, thinning, seeding and spraying. They can streamline workflows to increase efficiency and reduce time-consuming tasks and the risk of error in production, support, procurement and other areas. ML can also conduct algorithmic trading without human intervention.

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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. In just the past four months, the United States has contended with a major escalation of cyber risk in critical infrastructure with two, major attacks that disrupted critical sectors. Cyber Risk Alert: Critical Infrastructure Attacks Are Here.

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

Thales Cloud Protection & Licensing

The use of IoT technologies holds enormous potential in practically every segment of human enterprise – government, banking and finance, healthcare, retail, agriculture, and ecommerce to name a few. If these critical keys are compromised, certificates and encrypted data are at risk.

IoT 72
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The Weeks in Cyber Security and Data Privacy: 18 – 31 December 2023

IT Governance

TB exfiltrated Comcast Cable Communications, LLC (Xfinity) Source 1 ; source 2 (New) Telecoms USA Yes 35,879,455 Tecnoquadri Srl Source (New) Manufacturing Italy Yes 33,000,000 Asia Insurance Co.