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Canada not addressing IT risks for air transportation: Report

By: Gloria Gonzalez

Published February 04, 2016 - 2:14pm CST

The Canadian Air Transport Security Authority has failed to produce action plans to properly and timely assess and mitigate systemwide information technology risks, according to a report by the Office of the Auditor General of Canada.

E.U. security chiefs brace for more Islamist attacks

By: Thomson Reuters

Published January 25, 2016 - 10:57am CST

(Reuters) — Islamic State and other militants are very likely to attempt big new attacks in Europe following those in Paris, the E.U.'s police agency said on Monday, echoing previous warnings by senior security officials.

Hiscox expands terrorism coverage

By: Joyce Famakinwa

Published January 19, 2016 - 3:07pm CST

Hiscox Inc., New York, said Tuesday that it has added new products to its terrorism portfolio.

U.S. elections, emerging economies join terrorism as political risks

By: Matthew Lerner

Published January 19, 2016 - 2:58pm CST

In addition to terrorism, the 2016 U.S. elections and struggles in the world’s emerging economies are among the top political risks organizations will face in the coming year, according to a new report from Marsh L.L.C., the company said in a statement Tuesday.

Week in pictures

Published January 15, 2016 - 11:35am CST

Blasts in Libya, China, Los Angeles and on the campaign trail top the Business Insurance week in pictures.

Danger ahead: migration, climate top risks for Davos leaders

By: Thomson Reuters

Published January 14, 2016 - 3:45pm CST

(Reuters) — We live in an increasingly dangerous world, with political, economic and environmental threats piling up, according to experts polled by the World Economic Forum.

Business interruption remains most feared risk; market vagaries rank second

By: Mark A. Hofmann

Published January 13, 2016 - 12:15am CST

For the fourth year in a row, risk experts around the globe have identified business interruption as the top corporate peril in Allianz's annual Risk Barometer report.

U.S. firm blames Russian 'Sandworm' hackers for Ukraine outage

By: Thomson Reuters

Published January 08, 2016 - 10:35am CST

(Reuters) — U.S. cyber intelligence firm iSight Partners said on Thursday it has determined that a Russian hacking group known as Sandworm caused last month's unprecedented power outage in Ukraine.

Year in pictures

Published January 05, 2016 - 12:13pm CST

Disasters — natural and manmade — corporate mergers and missteps, actual and cyber attacks and millennial preferences top the Business Insurance year in pictures.

2015 year in review

Published January 03, 2016 - 12:01am CST

From mergers and acquisitions to the widely loathed 'Cadillac' tax, Business Insurance takes a look back at the key insurance industry news stories of 2015.

China says tech firms have nothing to fear from anti-terror law

By: Thomson Reuters

Published December 23, 2015 - 9:24am CST

(Reuters) — Technology companies have nothing to fear from China’s new anti-terrorism law which aims to prevent and probe terror activities and does not affect their copyright, China’s Foreign Ministry said on Wednesday, rebuffing U.S. criticism as unwarranted.

Cyber warfare fallout to businesses, customers predicted

By: Judy Greenwald

Published November 30, 2015 - 1:28pm CST

Businesses and consumers will become collateral damage in cyber conflicts among countries next year, while activists’ hacks will make a comeback, says a report.

Week in pictures

Published November 27, 2015 - 12:01am CST

Terrorism remains front and center in the Business Insurance week in pictures.

Terrorism reinsurance fund to help Parisian businesses

By: Thomson Reuters

Published November 24, 2015 - 3:15pm CST

A state-backed reinsurance pool will help pay insurance claims from Parisian businesses struggling in the wake of the Nov. 13 terrorist attacks.

Bombing of Russian plane triggers hull war coverage

By: Sarah Veysey

Published November 22, 2015 - 12:01am CST

Confirmation that the Russian Airbus A321 that crashed in Egypt was felled by a homemade bomb puts the loss in the hull war insurance market, a segment of the aviation market already reeling from several major losses.

Paris attacks provide stark lessons

By: Sarah Veysey and Mark A. Hofmann

Published November 22, 2015 - 12:01am CST

Risk managers are urged to revisit and rehearse their companies' travel risk management plans in the wake of the devastating Paris attacks.

Week in pictures

Published November 20, 2015 - 12:03pm CST

Global terrorism takes center stage in the Business Insurance week in pictures.

Pool Re to boost terrorism retentions

By: Donna Mahoney

Published November 20, 2015 - 11:31am CST

Pool Reinsurance Co. Ltd. announced t will increase its retention loss for a terrorism event by $53.3 million taking effect at the start of next year.

Costliest terror attacks

Published November 17, 2015 - 11:00am CST

Business Insurance looks back on the costliest terrorist attacks in insured losses, according to the Insurance Information Institute.

Insured property losses from Paris attacks likely to be low

By: Sarah Veysey

Published November 17, 2015 - 10:31am CST

State-backed pool likely to bear most of the costs from the shootings and bombings that have claimed 132 lives.

Companies tighten security in wake of Paris terror attacks

By: Sarah Vesey

Published November 16, 2015 - 11:12am CST

Focus on safety increases for traveling and expatriate workers as questions of future trips arise.

Hired-gun hacking played key role in JPMorgan, Fidelity breaches

By: Thomson Reuters

Published November 13, 2015 - 2:58pm CST

Prosecutors have charged fugitives in a large cyber fraud case and provide insight into the hack-for-hire industry.

U.S. charges three in huge cyber fraud targeting JPMorgan, others

By: Thomson Reuters

Published November 10, 2015 - 10:52am CST

U.S. prosecutors have unveiled expanded criminal charges against three men in connection with a massive 2014 JPMorgan cyber attack.

Iran cyber spy group hit in coordinated European raids

By: Thomson Reuters

Published November 09, 2015 - 9:40am CST

Hacker group and cyber espionage operation has been hunted by security experts since early 2014.

Week in pictures

Published November 06, 2015 - 10:50am CST

Earnings and other earth-shattering events make up the Business Insurance week in pictures. View the gallery

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