Captive insurers can  design insurance policies specifically tailored to cover cyber risks. Captive insurers can  design insurance policies specifically tailored to cover cyber risks, especially for non-physical damage business interruption as seen in Friday’s CrowdStrike outage writes Marcus Schmalbach. On July 19, 2024, the cybersecurity industry was rocked by a significant incident involving CrowdStrike, a

Country’s AI invention growth outruns global average, fueling digital economy China’s invention patents related to core industries of the digital economy continued to grow last year, especially in the field of artificial intelligence, an official from the country’s top intellectual property regulator said on Monday. “As a hot area of technological creativity, innovation in the

Four suspects, one of them an employee of the Ministry of National Security, were arrested this morning on suspicion of running a criminal network for issuing gun licenses. It is alleged that a license to carry arms was issued to anybody who asked for one, in return for a bribe of hundreds of thousands