Data security company introduces cybersecurity hotline

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Data security firm SecurityMetrics has opened a free 24-hour cybersecurity advice hotline. The hotline is available to any company that needs guidance on COVID-19-related cyber threats and attacks.

“The COVID-19 pandemic is having an unprecedented impact on businesses around the world,” SecurityMetrics said in a news release. “Whether a business has shut down operations for the time being or is attempting to continue work remotely, suffering a cyberattack right now will only kick business owners while they’re down. The bedlam of a successful cyberattack may well serve as a tipping point, sending an already struggling business over the edge to

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Prudential Plc executive directors volunteer for a pay cut

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In recent days we’ve seen insurers suspend dividend payments and scrap executive bonuses. Now it’s the turn of British insurance giant Prudential Plc to tighten its belt amid the coronavirus crisis.

“While the full impact of COVID-19 is still emerging, Prudential has a highly resilient business model and remains well placed to support its customers and distribution partners, and deliver profitable growth for its shareholders,” noted the company in a regulatory filing.

“In light of the current situation and the need for continued restraint in executive remuneration, Prudential’s executive directors have proposed the following changes to their remuneration in 2020,

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Liberty Specialty Markets bolsters marine line-up

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Liberty Specialty Markets (LSM), a part of Liberty Mutual Insurance Group, has expanded its marine team.

LSM has promoted Rachel Watkinson (pictured left) to head of underwriting for marine transportation and logistics. She will be responsible for managing four classes of business – marine hull, marine cargo, marine liability and marine war. She will report to Michael Burle, head of marine at LSM.

Alex Becker (pictured right) has joined the division as underwriting manager for marine hull. Becker will report to Watkinson.

“I’m delighted that Rachel accepted her well-deserved promotion and that Alex has joined our marine team,” Burle said.

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AXA’s Architas launches Asia asset management business

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Architas, a member of the global AXA Group, has launched its Hong Kong-based asset management business, known as Architas Asia Ltd.

On April 06, the company was granted a license to operate as an asset management company by the Securities and Futures Commission (SFC) of Hong Kong, the company said in a statement.

A team in Hong Kong has also been appointed, with Zaid Alrifai as head of Architas Asia, as well as responsible officer for Type 1, 4 and 9 regulated activities. Dr Mai Khanh Vo is the firm’s chief investment officer and responsible officer for Type 4 and

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