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Posts by Y@DminG

Just a Category 1 Hurricane? Don’t Be Fooled by A Number

Here’s a troubling phrase hurricane forecasters hate but often hear: “It’s just a Category 1. Nothing to worry about.” Or even worse: “Tropical storm? Just some wind and rain.” But look at Hurricane Beryl, which hit Texas this week as … Source: Claims Journal

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Report: Impact of BEC Attacks on U.S. Companies Misunderstood

A new report asserts the impact of business email compromise incidents on U.S. companies is likely underestimated and misunderstood—and it shows that multifactor authentication and cybersecurity awareness programs may be the top two risk management controls to prevent BEC attacks. … Source: Claims Journal

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Deutsche Bank Settles $545 Million Spanish Mis-Selling Case

Deutsche Bank AG has resolved a €500 million ($545 million) claim from a Spanish hotel chain over losses suffered on foreign-exchange derivatives sold by the lender. Responding to Bloomberg questions about the status of the lawsuit from Palladium Hotel Group, … Source: Claims Journal

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Wildfires Encircle Canada’s Oil-Sands City Amid Hot Weather

A ring of wildfires has erupted around Canada’s unofficial oil-sands capital of Fort McMurray, adding new threats to crude production from the world’s third-largest petroleum reserves. Eight out-of-control blazes have been discovered just south and southwest of the city since … Source: Claims Journal

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