Yearly Archives: <span>2023</span>

U.S. Marshals Computer System Hit by Ransomware Attack

In a major breach of a U.S. Marshals Service computer system this month with ransomware, hackers stole sensitive and personally identifiable data about agency employees and targets of investigations, an agency spokesman said Tuesday. The hacked system was disconnected from …

Canada Joins U.S. and EU in Banning TikTok From Government Phones

Canada will bar civil servants from using TikTok Inc. on government-issued mobile devices due to security concerns around data collection. The social media app, which is owned by China’s ByteDance Ltd., will be automatically removed and blocked from devices starting …

EEOC Sues Exxon for Discrimination After Nooses Found at Plant

Exxon Mobil Corp. was sued for racial discrimination by a U.S. federal agency on Thursday, with charges alleging that the oil major failed to protect workers from harassment after nooses were found at one of its facilities in 2020. The …

Insurance Software on the Block as Private Equity Looks to Cash In

European buyout houses Montagu Private Equity and Astorg Partners are preparing to hang the “for sale” sign on their UK insurance software investments, hoping to woo insurers and fellow private capital funds with their technology. Montagu is exploring a sale …

Jensten Group Completes Basil Fry and Bellegrove Acquisitions in UK

The Jensten Group has completed the acquisitions of Basil Fry & Company and Bellegrove, following final regulatory approval. Collectively the deals bring an additional 5000 clients, 80 staff and £40 million ($47.9 million) gross written premiums to the Jensten Group. …

London Cyber Decoys Attacked 91 Million Times in January by Over 101,000 Hackers

Computers specially configured to make cyber criminals think they were small businesses operating in London were attacked by hackers over 2,000 times every minute this January. The computers – called “honeypots” in the cyber security industry – were operated by …

Turkey Issues Rebuilding Rules After Quake Leaves Millions Homeless, Kills Thousands

Turkey issued rebuilding regulations on Friday for a region devastated by earthquakes this month to enable companies or charities to help in the urgent task of building new homes for the millions who need rehousing after the devastating tremors. More …

Shell Wins Bid to Limit British Suit Over Nigeria Delta Oil Spill

Shell Plc won a bid to limit a British lawsuit over an oil spill off the coast of Nigeria after a judge ruled that a group of thousands of Nigerians couldn’t prove that the disaster continued to wreak devastation on …

Aircraft Lessor AerCap Says Russian Airlines Proposing Settlements for Stranded Jets

Aircraft lessor AerCap said on Thursday it had been approached by Russian airlines and their insurance companies about possible settlements for planes stranded after the Ukraine invasion but that it was unclear if any deal could be reached. Western sanctions …

People Moves: Wallace to NC Commission, Draddy to McGriff

Wallace Named NC Deputy Commissioner William Wallace, a mediator and former chairman of the North Carolina Bar Association’s Workers’ Compensation Section, has been named a deputy commissioner at the state’s Industrial Commission. His term begins March 13 and will be …