Organizations are spending more money than ever on cybersecurity—an estimated $188 billion globally in 2023, a figure expected to grow to almost $215 billion in 2024—yet hackers always seem to stay a step ahead.
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Music Festivals Canceled This Year Reveal Rising Costs of Producing Large Events
For four decades, the Riverbend Festival delighted music fans in Tennessee with headlining acts like Lionel Ritchie and ZZ Top, but this year the show won’t go on.
Chubb CEO Defends $91.6 Million Bond Given to Trump for E. Jean Carroll Case
Chubb CEO Evan Greenberg said Wednesday in a letter to investors and customers that the company’s $91.6 million appeal bond given to former President Donald Trump had “nothing to do with the underlying merits or with favoring any of the parties” in the defamation case between Trump and Carroll.
As Boards Focus More on Cybersecurity, Are They Missing One of the Biggest Threats?
Board members are taking on more responsibility for cybersecurity strategy at the companies they oversee. But they might be overlooking one of the organization’s biggest vulnerabilities: themselves.
Hagerty Moves to $9 Million 4Q Net Income, Plans Double-Digit Growth
Automobile specialist Hagerty Inc. improved to a $9 million net income in the fourth quarter from a $32.2 million net loss in the prior-year period.
Tesla, Rivals Get Low Marks for Automated-Driving Technology
Tesla’s Autopilot and Full Self Driving technology and nine other assisted-driving systems marketed by major automakers received “poor” ratings from the U.S. Insurance Institute for Highway Safety in a new study released on Tuesday.
U.S. Natural Gas Pipeline Accidents Pose Big, Unreported Climate Threat
Accidental pipeline leaks – caused by things like punctures, corrosion, severe weather and faulty equipment – happen routinely and are a climate menace that is not currently counted in the official U.S. tally of greenhouse gas emissions, according to a Reuters examination of public data and regulatory documents.
Appeals Court Reverses COVID Class-Action Bid Against State Farm
A federal appeals court has reversed a trial court’s ruling that preserved a putative class-action lawsuit against State Farm entities that denied coverage to a massage spa seeking to recoup lost business revenues due to the COVID-19 pandemic.
House Bill Says Sell TikTok or Platform Will Be Banned
The House voted overwhelmingly to approve a bill on Wednesday that would ban TikTok from operating in the U.S. or force a sale, with lawmakers largely shrugging off a last-minute lobbying push by the Beijing-owned service and setting the stage for a final showdown in the Senate, where lawmakers have been cooler on the legislation.
What You Need to Know About Driver Data Being Shared with Insurers
Your car could be recording how you drive, including your speed or any hard braking, and then transmitting that data to an information clearing house.