NTT DATA and CrowdStrike Expand Partnership to Strengthen AI-Powered Cyber Resilience

How cyber insurance found a path to profitability

Five years ago, Canada’s cyber insurance loss ratio was spiralling out of control. During the early days of the COVID-19 pandemic in 2020, the cyber loss ratio for Canada’s P&C industry, including Lloyd’s, was a staggering 371.4%, according to data… The post How cyber insurance found a path to profitability appeared first on Canadian Underwriter.

NTT DATA and CrowdStrike Expand Partnership to Strengthen AI-Powered Cyber Resilience

TOKYO & AUSTIN, Texas--(BUSINESS WIRE)--Mar 17, 2025-

MUFG Bank Adopts Photon Technology to Minimize IT Outages | Fintech InShorts: Latest fintech news, analysis by experts

MUFG collaborates with NTT DATA to implement photon-based solutions, achieving near-zero downtime in banking system migrations. Highlights: MUFG Bank partners with NTT DATA to test photon-based technology for seamless data center migrations with less than one second of downtime. The innovative solution leverages the IOWN All-Photonics Network, ensuring synchronized database replication over distances up to 2,500 km. This breakthrough aims to en…

Marsh unveils new cyber insurance facility with $45m additional capacity

Marsh, a global leader in insurance broking and risk advisory, and a subsidiary of Marsh McLennan, has introduced an upgraded version of its flagship Cyber Echo insurance facility, providing clients with up to $45m in additional cyber insurance capacity.