Tech

Holistic approach needed to reduce confusion around cyber security, tackle inaction: Echols

Tools meant to bolster cyber security are being introduced absent a holistic view, producing even more questions among already-confused businesses expecting some progress on their individual risk reduction efforts, cyber expert Michael Echols suggested Tuesday during a symposium in downtown Toronto. “Current perimeter intrusion detection is a great tool, but what has happened is the […]

By Canadian Underwriter | June 15, 2017

5 min read

CN to spend $500 million on technology with eye on driverless truck threat

MONTREAL – Canadian National Railway says it will spend $500 million over the next five years on technology to improve its safety, efficiency and competitive edge, partly in response to the potential threat posed by driverless trucks. CEO Luc Jobin told an investor conference Wednesday that the country’s largest railway will make the investments to […]

By Jason Contant | June 14, 2017

2 min read

Global business leaders cite regulatory risks, disruptive influences and cyber risks as key challenges

Companies in Canada and around the world are being increasingly impacted by risk, with nearly three quarters (72%) of business leaders polled in a recent survey “citing that they believe we are living in a riskier world,” said a new survey from BDO Canada. The findings were published in the latest Global Risk Landscape Report, […]

By Canadian Underwriter | June 14, 2017

2 min read

Canadian and U.S. government agencies underperform on fraud detection and reporting, study finds

Government agencies in Canada and the United States performed significantly worse than the business sector on fraud detection and mitigation, according to a new survey from risk management software provider ACL. The 2017 Fraud Survey involved a poll of more than 500 audit, compliance and risk management professionals in Canada and the United States on […]

By Canadian Underwriter | June 14, 2017

2 min read