Shock to the system: How Covid may have changed insurance forever

Black swan events are not unknown to the insurance industry. Whether it’s natural disasters such as the Japanese earthquake in 2011, the Chernobyl disaster in 1986 or pandemics such the SARS virus in 2002. By their nature, these kinds of events can happen at any given moment and without warning or historical precedent. However, for the insurance industry, and for …

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Did Covid change software development for the better?

The idea for the Minimum Viable Product (MVP) methodology for software development first appeared 20 years ago, becoming mainstream with the 2011 publication of The Lean Startup by Eric Ries. Getting an application to MVP level has become the way enterprises create products that have just enough features to attract early adopters, providing the feedback needed to validate or abandon …

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Fusing business and Artificial Intelligence: The ideal way to salvage your now-useless Covid data

Back in February, Gartner issued a very timely warning: that organizations using traditional analytics techniques that relied heavily on large amounts of historical data have had to wake up to a significant post-Covid reality; as many of these models are no longer relevant—and that the pandemic has rendered a lot of that data essentially useless. That’s going to come as …

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Huge rise in phishing domains since Covid vaccines began

The number of malicious Covid-19-related domains has spiked dramatically since the vaccines were announced and began rolling out. This is according to a new report from cybersecurity experts at Webroot, which states that more than 4,500 new suspicious domains were discovered in the month after vaccines were announced, containing keywords such as “Covid-19”, “corona”, “vaccine” and “cure Covid”. Almost a …

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Cyberattacks on healthcare sector spike following Covid vaccine rollout

December was a devastating month for healthcare organizations in terms of cybersecurity. As vaccines started rolling out across the world, the number of web application attacks against healthcare organizations spiked by 51 percent. This is according to fresh figures from cybersecurity researchers at Imperva, which claims healthcare organizations experienced 187 million attacks in total (roughly 500 per organization). Year-on-year, the …

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Security budgets set for major rise after Covid

Most businesses believe their cybersecurity budgets will rise after the Covid-19 pandemic, according to a report from NCC Group and Opinium. Based on a poll of 500 cybersecurity decision-makers, the report states that cyberattacks against businesses rose in all areas over the last 12 months. Phishing, malware, impersonation and fraud have become more common since lockdown forced businesses to send …

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Global data centre spend falls during Covid

Enterprise demand for data centre hardware and software is waning, as a direct consequence of the Covid-19 pandemic, a new report from Synergy Research Group claims. According to the quarterly market tracker, the spending in this area is down three percent, compared to last year. On a global level, spending by both hyperscalers and enterprises grew seven percent for the …

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