As much as 30% of world news and video content will be authenticated through blockchain technology by 2023, Gartner's Avivah Litan predicts. The Defense Advanced Research Projects Agency and an industry group led by Facebook are among the entities working to develop technology that can unmask fake news.
Accounting, tax, audit and numerous other professional areas are ripe for using blockchain to augment processes, following in the steps of the retail, manufacturing and transportation sectors, writes Sean Stein Smith of City University of New York. He explains why the insurance industry is especially interested in the technology.
A text messaging firm left a database "completely unsecured and unencrypted," exposing millions of private SMS messages, including some for medical services, security researchers say. TrueDialog, which provides messaging services to businesses and has billions of users globally, has taken the logs offline.
Disputes involving cybersecurity law fall into an ever-evolving gray area as guidance, technology and threats change, writes Ryan Cooper, managing partner of commercial law firm Cooper. In this wide-ranging analysis, he points out that cybersecurity standards can be inconsistent, even "among so-called industry standard-bearers."
Facebook users whose data was stolen in a breach last year did not suffer a "cognizable injury" that merits a class action for damages, US District Judge William Alsup ruled. However, Alsup's ruling does allow users to sue as a group in their effort to require Facebook to improve security and employee training.
Facebook has added a correction notice to a post made by a user in Singapore under a new law that requires such notifications. The law, which took effect last month, has been criticized by rights groups, which say it threatens internet freedom.
Nonprofits can use charitable-giving apps to encourage donations from millennials, many of whom use smartphones constantly and are budget-oriented, and as a gateway to secure larger and consistent gifts, says CharityWatch President Daniel Borochoff. One app, Coin Up, allows users to round up their purchases and donate the difference to charity.
The acquisition provides Aon with additional access to the fast-growing, $200+ billion premium digital insurance market for small and medium-sized businesses, as well as the opportunity to leverage CoverWallet's platform to develop and scale innovative digital client experiences that support the firm's Aon United growth strategy. "We are excited to combine Aon's expertise in data and analytics and global distribution with CoverWallet's market-defining platform to create new sources of value for our clients," said Greg Case, CEO of Aon. "CoverWallet's culture of innovation is transforming the insurance landscape, and together we have the opportunity to further strengthen and expand the application of their digital client experience." Learn more.
Learn more about Aon Technology and Communications:
The Technology & Communications practice offers comprehensive solutions to uncover and identify the different components of risk that can affects the technology firms. Designed to improve coverage, reduce unnecessary costs and support strategic development, key Aon solutions for the technology industry include information technology services for the following companies – computer peripherals; computers/office equipment; semiconductors and other electronic components companies; internet services and retailing; computer software; telecommunications; network and other communications equipment.
Aon plc (NYSE:AON) is a leading global professional services firm providing a broad range of risk, retirement and health solutions. Our 50,000 colleagues in 120 countries empower results for clients by using proprietary data and analytics to deliver insights that reduce volatility and improve performance.