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Cost of a Data Breach Reaches Record $5 Million on Average
Artificial intelligence has “radically shifted” the cyber risk landscape, and the average cost of a data breach has reached a record of nearly $5 million. According to IBM’s Cost of a Data Breach Report, cyberattackers are using AI and attacking …
POSTED JULY 29, 2026 2:24 PM |
Two Killed in ‘Extensive’ Flash Flooding in West Virginia
Two people have died in flash floods caused by torrential rains in West Virginia last week, the governor’s office said. An emailed statement from Lars Dalseide, communications director for Gov. Patrick Morrisey, did not provide details on where the bodies …
POSTED JULY 29, 2026 2:03 PM |
Markets/Coverages: CFC Brings Affirmative AI Cover to Media Companies; Lockton Launches Global Data Centers & Digital Infrastructure Practice
CFC, the specialist insurance provider, announced the introduction of affirmative AI coverage within its media policy, effective July 30. The update forms part of CFC’s wider program to embed affirmative AI coverage across its portfolio, ensuring customers have clear, explicit …
POSTED JULY 29, 2026 1:28 PM |
Viewpoint: French Climate Lawsuit Offers Window Into Next Round of Global Legal Fight
A recent decision by a French court requires a major European oil and gas company to report not only its own climate-warming emissions and those of its contractors but also those of its customers, who burn the oil and petroleum …
POSTED JULY 29, 2026 1:19 PM |
Yemen’s Houthis Consider Imposing Fees on Ships Sailing Through Red Sea: Sources
Yemen’s Houthi group is considering imposing fees on commercial ships sailing through the southern Red Sea, a week after declaring a naval blockade on Saudi Arabia, regional sources with knowledge of the matter told Reuters. The Iran-aligned Houthis on July …
POSTED JULY 29, 2026 12:33 PM |
NYC Medical Facility to Spend $30 Million on Sex Abuse Prevention to End Criminal Probe
In a deal that ends a criminal investigation, a prestigious New York City medical institution agreed to boost its sexual abuse prevention program after one of its star doctors was convicted of abusing patients during a decade-long span and was …
POSTED JULY 29, 2026 12:19 PM |
EU Plans to Sanction Record 1,600 Firms for Helping Russia
The European Union is planning to sanction more than 1,600 companies it says are helping Russia’s war against Ukraine, the most firms it has blacklisted in one package. The targeted companies have a combined annual turnover of more than $20 …
POSTED JULY 29, 2026 11:51 AM |
Heat Pushes Rhine Toward 36-Year Low in Risk to Energy Supplies
The Rhine River’s water levels risk dropping to an unprecedented low as heat waves grip Europe, creating a bottleneck for the delivery of coal and fuels inland while raising shipping costs. Water levels at Kaub, a key chokepoint for shipments …
POSTED JULY 29, 2026 9:29 AM |
Afroman Sues Deputy Tied to 2022 Raid for Malicious Prosecution
Afroman sued one of the Ohio sheriff’s deputies who brought a defamation case against him that revolved around lewd social media posts and videos, some of which used footage of a raid on the rapper’s property to mock them. The …
POSTED JULY 29, 2026 6:20 AM |
Louisiana Woman Arrested for Insurance Fraud Following Fire Investigation
The Louisiana Department of Insurance announced that a Monroe woman has been arrested for fraudulently obtaining insurance benefits following a residential fire. Tashira S. Glover, 42, allegedly submitted a homeowners insurance claim on Jan. 13, 2026 for damage caused by …
POSTED JULY 29, 2026 6:15 AM |
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