Latest Tech Headlines
All the headlines from our Tech Topic Page, ordered by recency.
Global Regulators Warned About Entry of ‘Big Tech’ Firms into Financial Services
Aug 3 2021 // Central banks and financial regulators urgently need to get to grips with the growing influence of “Big Tech,” according to top officials from central bank umbrella group the Bank for International Settlements...
Infrastructure Bill Includes Safety Technology Mandates for Cars, Trucks
Aug 3 2021 // New cars will be required to have technology to detect drunk drivers and a system to keep children from being accidentally left in vehicles on hot days under a series of long-sought safety measures included in the...
Insurtech Attracts $15.5M to Its Commercial, High Net Worth Flood Insurance Platform
Aug 3 2021 // Colorado-based reThought Insurance, a managing general agency focused on the flood insurance market, has secured $15.5 million in investment to accelerate its growth. The company currently writes flood coverage for complex...
Anti-Fraud Tech Company FRISS Raises $65 Million to Fund Expansion
Jul 30 2021 // FRISS, a provider of AI-focused fraud prevention and detection products for P/C insurers, raised $65 million to help it carve out new product lines and market reach. The company said it serves insurers in more than 40...
Insurtech Agentero to Expand Digital Network for Agents After Raising $13.5M
Jul 29 2021 // Agentero raised $13.5 million in new financing designed to boost and help expand its digital insurance network for agents. The California-based insurtech, launched in 2017, is designed to help insurance agents access...
Insurtech Investment Reaches Record $7.4B for First Half 2021
Jul 29 2021 // Insurtech venture investment keeps climbing ever higher, with new records reached for the second quarter as well as the first half of 2021, according to the latest Willis Towers Watson report on the sector. Global...
Disruptions from Cyber Attack Force S. Africa Port Operator to Declare ‘Force Majeure’
Jul 27 2021 // Transnet SOC Ltd., South Africa’s state-owned ports and freight-rail company, declared force majeure at the country’s key container terminals after disruptions caused by a cyber attack five days ago. The...
Managing Through Disruption: The Importance of Risk Management for Supply Chains
Jul 26 2021 // This post is part of a series sponsored by The Hanover Insurance Group. Over the last decade, we have witnessed many types of unpredictable disasters, including terrorist attacks, wars, earthquakes, economic crises,...
Insurtech bolttech Acquires i-surance to Help Accelerate Expansion Across Europe
Jul 23 2021 // Insurtech startup bolttech announced it has acquired i-surance, a next-generation B2B2C digital insurance platform based in Berlin. Financial details of the deal were not disclosed. The transaction is part of...
Cyber Attack Disrupts Container Operations at Major South African Port
Jul 23 2021 // JOHANNESBURG – A cyber attack has disrupted container operations at the South African port of Cape Town, an email seen by Reuters on Thursday said. Durban, the busiest shipping terminal in sub-Saharan Africa, was also...
Senators Add Vaccine Misinformation as Reason to Alter Tech Firms’ Liability Protection
Jul 23 2021 // Two Democratic U.S. senators on Thursday will add to the stack of bills going after Section 230 – a law that protects tech companies from being sued over content posted by users – making such platforms...
Virginia Tech Says It Was Targeted in Two Recent Cyberattacks
Jul 21 2021 // Virginia Tech says it was targeted in two recent cyberattacks but feels confident no data was stolen. Virginia Tech spokesman Mark Owczarski told the Roanoke Times that a few university units used Kaseya, a U.S. software...
U.S. Fights Cyber Attacks by Blacklisting, Sanctioning Russian Tech Firms
Jul 19 2021 // The United States on Friday took a new stab at Russia’s cybersecurity industry, restricting trade with four information technology firms and two other entities over “aggressive and harmful” activities...
Rising COVID Outbreaks on Ships Endanger Maritime Workers, Risk Trade Disruptions
Jul 13 2021 // Global vaccinations of seafarers are going too slowly to prevent outbreaks on ships from causing more trade disruptions, endangering maritime workers and potentially slowing economies trying to pull out of pandemic...
EU Fines VW, BMW $1B for Colluding to Curb Use of Emissions Cleansing Technology
Jul 8 2021 // BRUSSELS – The European Commission fined German carmakers Volkswagen and BMW a total of 875 million euros ($1 billion) on Thursday for colluding to curb the use of emissions cleaning technology they had developed. The...
InsurTech NY Opens Applications for 2021 Cohort
Jul 7 2021 // InsurTech NY will be accepting applications for its growth-stage InsurTech accelerator. The application window will be open from July 7 to August 2 and applications will be accepted through the InsurTech NY website. The...
Like ‘Terminator,’ High-Tech Cyber Crime to ‘Keep Coming’
Jul 5 2021 // Businesses worldwide are fighting sophisticated data scientists as they battle to protect their data-rich computers from cyber crime – and the costly attacks are not going to stop, an expert at insurer Sompo Holdings...
Technology Experts to Analyze Cause of Surfside Condo Collapse
Jul 2 2021 // A team of technical experts from the federal government and outside specialists are going to gather building material samples and study soil conditions in order to determine the engineering reasons behind the collapse of a...
South Korean Insurtech Carrot Doubles Capital with $90 Million Rights Offering
Jul 2 2021 // Carrot General Insurance Corp., South Korea’s first digital-only insurance provider, announced that it has raised 100 billion won (US$88.7 million), which equals its founding capital raised in 2019. The Seoul-based...
Tech Giants’ Move into Indian Financial Services Poses Stability Risk: Central Bank
Jul 2 2021 // India’s central bank warned about the growing presence of technology giants in the country’s digital financial services and payment systems which could pose a financial stability risk. In its semi-annual...
