Insurance Giant Retreats as Cyber Attacks Explode
Major insurer Beazley is reducing its cyber insurance exposure as ransomware claims skyrocket. Premiums are falling despite a 230% increase in UK claims, creating a dangerous market imbalance.
Major insurer Beazley is reducing its cyber insurance exposure as ransomware claims skyrocket. Premiums are falling despite a 230% increase in UK claims, creating a dangerous market imbalance.
AI expert Maximilian Fleitmann argues that automation begins with understanding workflows, not complex systems. His six-step approach helps businesses identify repetitive tasks and implement AI solutions that create immediate impact.
Scientists have developed nasal nanodrops that can deliver cancer-fighting nanoparticles directly to the brain. The treatment eradicated glioblastoma tumors in mice and created lasting immunity against recurrence. This noninvasive approach could revolutionize brain cancer treatment.
Elon Musk’s proposed $1 trillion Tesla pay package contains two major loopholes that could reward him handsomely while delivering minimal returns to shareholders. The plan requires hitting both valuation and operational targets, but some goals are surprisingly easy to achieve. Shareholders might see
Cherry is ending all keyboard and switch manufacturing at its German headquarters after reporting massive financial losses. The company will move production to partners in China and Slovakia while selling off one of its core business units to stay afloat.
Apple is pushing back against potential EU gatekeeper designation for its Maps and Ads services. The company argues both have limited usage compared to rivals like Google. A final decision from the European Commission is expected within 45 days.
German equipment giant Wacker Neuson is introducing its Weidemann telehandler brand to sub-Saharan Africa’s agricultural sector. The T7042 model debuts with a 7-meter lifting height and 4.2-ton payload capability, backed by an unusually long 5-year, 6,000-hour warranty. This marks a strategic expans
Intel’s CEO is standing by former TSMC executive Wei-Jen Lo amid allegations of trade secret theft. The executive allegedly took 80 boxes of data and misled TSMC about his post-retirement plans. This marks the second major trade secrets case involving TSMC this year.
Mitel is launching a significant update to its customer experience platform with AI virtual agents that handle routine inquiries and automate workflows. The platform becomes available in December, with hybrid deployment options planned for 2026. This comes as 95% of companies now compete primarily o
While his startup Vidovo is projected to hit seven figures this year, Elijah Khasabo remains committed to completing his college degree. The 22-year-old sees campus life as a networking goldmine rather than a distraction from his entrepreneurial ambitions.