CFC launches tool to help avert phishing attacks

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Specialist insurance provider CFC has announced the addition of a new phishing simulation tool to its Response mobile app. The tool allows users to run a simulated phishing campaign against a targeted list of colleagues whose credentials have been exposed on the dark web, CFC said.

“Phishing emails are the entry point for roughly a third of the cyber claims we see, hitting organisations of all types and sizes,” said Roger Francis, cyber claims director for CFC. “Businesses can get caught up in a mass campaign, or it could be the first step in a more targeted attack. Our new

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Hong Kong touts capabilities as global captives and reinsurance hub

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Hong Kong’s Insurance Authority (IA) hosted a forum session at the Belt and Road Summit that discussed how Hong Kong can leverage its advantages as a captive domicile and reinsurance hub.

As part of its 14th Five-Year Plan, Hong Kong is looking to consolidate its strategic position as as the risk management centre for mainland Chinese enterprises that are expanding their global operations.

The forum hosted a panel of senior executives from various firms that have extensive experience in providing mainland Chinese enterprises’ overseas projects with risk management and insurance services.

“Under the current geopolitical environment, Hong Kong, as a

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Issuing tops the list of services FinTech outsource to specialists

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A new report reveals FinTechs who outsource to specialist partners generate nearly £1 million in additional revenue.

The report Specialists vs. generalists: How do fintechs fuel growth? explores why and how FinTechs outsource to third parties, the importance of outsourcing for FinTech growth, and the impact of working with specialists or generalists on FinTech businesses.

To understand why and how FinTechs outsource, Moorwand commissioned an independent study of 75 senior decision makers at FinTech firms across France, Germany, Ireland, Lithuania and the United Kingdom.

In particular, the report sought to understand whether FinTechs outsource to specialist partners that provide a

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Ground control to Major Tom: Sign your coverage forms and put that helmet on

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Insurance provider battlefront has announced the launch of travel insurance coverage for space tourists.

The new policy is a customized offer with benefits available including accidental death and permanent dismemberment. Underwritten by certain underwriters at Lloyd’s, the policy can be valid for space flights operated by Elon Musk’s SpaceX, Jeff Bezos’s Blue Origin, Richard Branson’s Virgin Galactic, and others.

“We are proud to be providing this pioneering product for space tourism,” said Sasha Gainullin, CEO of battleface. “We regularly revisit our policies to ensure we are relevant to today’s marketplace, and while space tourism is still in its infancy, several

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