Technology
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Yahoo agrees to pay $50m in data breach damages
Yahoo has agreed to pay $50 million in a preliminary settlement of a US federal lawsuit stemming from a series of data breaches that...
EverQuote announces IPO becoming first US InsurTech firm to go public
InsurTech startup EverQuote filed S-1 paperwork with the US SEC on 4 June making it the first US InsurTech firm to go public. Led...
InsurTech startup Coya raises $30 million in Series A funding
Berlin-based insurtech startup Coya moved closer to its goal of modernizing the insurance industry on last week as the two-year old firm closed their...
Russia ban on Telegram flares up the privacy vs security battle ahead
Telegram, popular messaging app, has been making the rounds following a highly publicized ban of the service in Russia. The official explanation for the...
Facebook Cambridge Analytica scandal a godsend for upcoming GDPR
Facebook scandal that allowed the data of 50 million users to fall into the hands of political consulting firm Cambridge Analytica (CA) is perhaps...
Fatal Uber accident exposes risks and challenges with autonomous driving
Uber’s recent tragic driverless car accident that saw a woman lose her life exposes the risks and challenges of self-driving cars technology.
The past week...
PayPal Venmo settles FTC charges over security and privacy flaws
PayPal settles Federal Trade Commission (FTC) charges over security and privacy flaws in its peer-to-peer (P2P) payment app Venmo.
As part of the settlement, Venmo...
Two major risks to sway the uncertain ICOs market future
US Commodity Futures Trading Commission (CFTC) followed regulators around the world in issuing a stern warning regarding the potential pitfalls of cryptocurrency speculation.
The regulator...
Smart homes imminence presents new incentives to insurers
Five in 10 US households with either homeowners or renters insurance policies are interested in installing smart devices in their home that can detect,...
AXA testing Blockchain with new flight delay insurance product
French insurer AXA launches new flight delay insurance product based on the latest Blockchain technology that offers automatic compensation to travellers who have their...
Latest Equifax breach is creating a cybersecurity fatigue
The greatest danger from massive cyberattacks like the Equifax hack is “data breach fatigue.”
Data breach fatigue occurs when people simply stop paying attention to...
