Optus Must Pay Cost of Replacing Hacked Customer Documents: Australia Government September 29, 2022 Australian telecoms giant Optus must pay the cost of replacing the passports and drivers licenses of millions of customers whose...
Taming Global Supply Chain Risks, Holistically September 29, 2022 By L.S. Howard While supply chain risks are insurable, many products do not cover non-damage business interruption, and companies could find they aren’t...
QBE Sells Irish Casualty Renewal Rights to Ascot, as Part of Phased Withdrawal September 28, 2022 QBE announced the sale of select Irish casualty commercial insurance portfolios to the Ascot Group via a renewal rights transaction....
Acrisure Buys UK Broker CRK Commercial Insurance Services Ltd. September 28, 2022 Acrisure, the fintech company that operates a top-10 global insurance broker, announced it had acquired CRK Commercial Insurance Services Ltd.,...
Cyber MGA Resilience Launches UK Operation September 28, 2022 Resilience, the San Francisco-based cyber managing general agent, has launched an operation in London to serve the UK market. In...
Typhoon Noru Makes Landall in Vietnam, Causing Floods, Property Damage September 28, 2022 By Mai Ngoc Chau and Low De Wei Typhoon Noru made landfall in Vietnam early Wednesday morning, knocking out power for more than 500,000 households and causing flooding...
Australian Police Probe Purported Ransomware Attack at Telecom Firm Optus September 28, 2022 By Rod McGuirk CANBERRA, Australia (AP) — Australian police were investigating a purported hacker’s release of the stolen personal data of 10,000 customers...
EU Suspects Sabotage Is Cause of Leaks in Russia Gas Pipelines September 28, 2022 By Paul Carrel and Stine Jacobsen Any deliberate disruption to the EU’s energy infrastructure would meet a “robust and united response,” its top diplomat said, after...
EU Draft Rules Would Make It Easier to Sue Drone Makers, AI Systems September 28, 2022 By Foo Yun Chee Individuals and companies that suffer harm from drones, robots and other products or services equipped with artificial intelligence software will...
EU Weighs Ban on Shipping Russian Oil as Part of Price Cap September 28, 2022 By Alberto Nardelli and Ewa Krukowska The European Union is considering adding shipping restrictions to its oil sanctions as the bloc continues to discuss the introduction...