Industry News
Binance, which attributed the hack to North Korea, said the breach involved a "sophisticated, multi-stage campaign."
Via: Claims Journal
The Oregon Supreme Court will on Tuesday review a verdict that could expose Berkshire Hathaway’s PacifiCorp utility to tens of billions of dollars of potential damages over its role in four Oregon wildfires in 2020. Oregon residents and business owners …
Via: Claims Journal
The U.K.’s cybersecurity chief warned that Britain faces what could prove to be an unprecedented increase cyberattacks in the coming months and urged “willfully blind” businesses to come to terms with the risk. Richard Horne, head of the National Cyber …
Via: Claims Journal
A group representing nearly all major automakers on Monday urged U.S. lawmakers to pass a permanent ban on Chinese vehicles when they return next week for a quick session after the midterm congressional elections. In September, the Senate sponsors of …
Via: Claims Journal
Britain’s vehicle production rose sharply in September, industry data showed on Thursday, rebounding from a cyber-incident-hit comparison a year earlier. U.K. vehicle output increased 36.3% to 74,031 units in September, the strongest growth since August 2022, the Society of Motor …
Via: Claims Journal
These days the insurance industry is “caught in the crosshairs,” and it may also be caught flatfooted – responding to recent questions of a policy’s worth rather than working from in front with appropriate data. In Boston at the American …
Via: Claims Journal
Banks whose clients are exposed to the super El Niño cycle building in the Pacific Ocean are now assessing loan structures and loss risks, with debt rescheduling among options being considered. Spain’s Banco Bilbao Vizcaya Argentaria SA, which aside from …
Via: Claims Journal
Snap Inc. is finalizing a settlement in a lawsuit filed by two teenagers who say years of compulsive scrolling and posting on the company’s photo-sharing app contributed to their mental health struggles, according to attorneys for the plaintiffs. The agreement, …
Via: Claims Journal
Supermarkets across Europe were hit by suspected cyberattacks that resulted in sudden changes in the temperatures of their fridges and freezers on Monday, echoing a more widespread problem in France last month. Incidents were reported in Belgium, Ireland, Sweden, Finland …
Via: Claims Journal
The pilot of a private jet told air traffic controllers the plane was experiencing moderate turbulence and going through some precipitation just before it plummeted at 20,000 feet per minute and crashed into a residential area in Florida, killing all …
Via: Claims Journal