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Jack Ma, founder of Chinese conglomerate Alibaba Group Holding Ltd., said that the company is hit with 300 million cyber attacks per day, CNBC reported. Meanwhile, technology firm Huawei Technologies Co. Ltd. is subject to around one million cyber attacks daily.
1. Turkish airlines cancel flights to Iran and Iraq amid war concerns
2. Zurich Insurance to stop underwriting new oil and gas projects
3. Bermudan, European reinsurers to suffer major hit from bridge collapse
4. Tycoon gets death sentence for multi-billion-dollar fraud
5. Inflation drives 10% increase in sum insured for windstorms
6. Apple loses bid to throw out $977M lawsuit over app store fees