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Blockchain initiative B3i secures new funding from re/insurers; forms board of directors
The blockchain insurance industry initiative B3i has secured investment from three new re/insurers, alongside existing shareholders, in its latest funding round.

The new additions include Deutsche Rück, Mapfre Re and VIG Re, increasing the number of shareholders to 16.

B3i's founding shareholders are Achmea, Aegon, Ageas, Allianz, AXA, Generali, Hannover Re, Liberty Mutual, Munich Re, SCOR, Swiss Re, Tokio Marine, and Zurich Insurance Group.
reinsurance  work  cyber  blockchain 
14 days ago by ondrejr
Malware Arrest Exposes Security Gaps at Trump’s Mar-a-Lago Club - The New York Times
I'm beginning to think that maybe Trump voters didn't really care about Hillary's email server . . .
but-her-emails!!!  china  cyber 
19 days ago by LakeHighlandCongress
Security researcher pleads guilty to hacking into Microsoft and Nintendo - The Verge
The Microsoft intrusion ended when Clark uploaded malware onto Microsoft’s network, and he was subsequently arrested in June, 2017. Clark was then bailed without any restrictions on his computer use, and went on to hack into Nintendo’s internal network in March last year. Clark gained access through Virtual Private Networks (VPNs) and used similar software to hack into Nintendo’s highly confidential game development servers. These servers store development code for unreleased games, and Clark was able to steal 2,365 usernames and passwords until Nintendo eventually discovered the breach in May 2018. Nintendo estimates the cost of damages between £700,000 ($913,000) and £1.4 million ($1.8 million), and Microsoft previously provided the court with a vague estimate of around $2 million in damages.
tech  cyber  security  funny 
25 days ago by sandykoe

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