German Superyacht Maker Lürssen Hit by Ransomware Cyber Attack April 12, 2023 By Stefan Nicola German shipbuilder Lürssen, which makes military vessels as well as luxury yachts, has become the target of a ransomware cyberattack....
Germany Reels from Flood ‘Catastrophe’; Insurers Expect Costly Claims for 2021 July 16, 2021 By Stefan Nicola and Birgit Jennen Chancellor Angela Merkel pledged swift help backed by “all the power of the state” for people affected by devastating flooding...
Germany’s Green Vault Museum Finds It’s Uninsured for $1 Billion Theft of Jewels November 27, 2019 By Stefan Nicola A day after burglars made off with priceless jewels from a German museum, pressure is growing on police to find...
Allianz-Backed Fintech Startup N26 Raises New Funds for Push into U.S. January 10, 2019 By Stefan Nicola N26 GmbH, the German banking app that’s backed by billionaires Peter Thiel and Li Ka-shing, has raised new funds at...
Carmakers, Ride-Hail Firms Stress Digital Even As Vehicle Cyber Risks Worsen December 18, 2018 By Stefan Nicola Hopping into an Uber or a Car2Go is a great way to get around. Unfortunately, hackers agree, exploiting weaknesses in...
China’s Ping An Invests $47M in German Fintech Incubator Finleap November 19, 2018 By Stefan Nicola Ping An Insurance Group Co., China’s biggest insurer by market value, led investors in injecting 41.5 million euros ($47 million)...
Flying Cars Soon to Be Tested in Germany June 22, 2018 By Stefan Nicola Germany, land of the no-holds-barred Autobahn, is pushing the next level of transportation: flying cars. Chancellor Angela Merkel’s government signed...
WPP’s CEO Provides Insights from His Advertising Firm’s Cyber Attack January 24, 2018 By Stefan Nicola and Joe Mayes Top executives rarely spill the beans in public when their companies are hacked. WPP Plc’s Chief Executive Officer Martin Sorrell,...
Can Your ‘Smart’ Appliances Be Trusted with Your Personal Data? Probably Not… September 2, 2016 By Marie Mawad and Stefan Nicola Your fridge is getting so smart, security-software maker Kaspersky Lab thinks you probably shouldn’t trust it. As makers of household...
Allianz Teams with Volkswagen, Bayer and BASF in Anti-Hacking Venture September 18, 2015 By Stefan Nicola The German car giant that gave the world the Beetle may soon help you fend off cyber criminals. Volkswagen AG...