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Articles about Insurance Policy

The Register breaking news

So, you gonna foot this '$200bn' hacking bill, insurance giants asked

Multibillion-dollar energy giants, rail companies and other corporations should take out insurance policies for damage caused by hackers, a White House official has suggested. The government apparatchik is working on a so-called Cybersecurity Framework of best practices to safeguard America's critical infrastructure - think …
Jasper Hamill, 08 Aug 2013
Empty phone battery

Phone charging log helps to convict murderer

An Australian man has been convicted of murder after mobile phone metadata describing when the device was connected to a charger was tabled as evidence. Alison Baden-Clay disappeared from her Brisbane home on April 19th, 2012. Her body was found in a nearby creek 11 days later. Her husband, Gerard Baden-Clay, claimed he was …
Simon Sharwood, 16 Jul 2014
Microsoft Surface bomb

VMware's new VDI play is self-destructing virtual desktops

VMware has announced a new end-user computing product at its VMworld Europe gabfest. Horizon Flex allows admins to define virtual machines (VMs) and deploy them to Macs or PCs, where they run in desktop hypervisors even when those devices are offline. VMware would prefer you use its own Player on PCs rather than desktop Hyper-V …
Simon Sharwood, 14 Oct 2014
Cat 5 cable

Intel takes out $1.25bn insurance policy

Intel's take on today's settlement of its multiple legal entanglements with rival AMD is simple: we didn't do anything wrong, we're not going to change, and we think $1.25bn is a reasonable amount to spend to avoid trial - and, possibly, to guard against even more-serious legal challenges. Or, as Intel executive vice president …
Rik Myslewski, 12 Nov 2009
Robots breaking down walls and fixing leaky pipes

Who will recover your data if disaster strikes?

Who here has a disaster recovery plan? OK, that's most of you. How many of you have a disaster recovery plan that isn't "panic"? That's a more reasonable number. How many of you have disaster recovery plans that you have actually tested? Excellent! This is encouraging. Now how many of you could implement the full plan before …
Trevor Pott, 15 Nov 2013
The Register breaking news

Google's $1 fiber deal will cost Provo, Utah $1.7m

Google's sweetheart deal to take over the city of Provo, Utah's loss-making fiber network will come with hidden costs, the city's mayor has revealed. Last week, The Register reported that the Provo city council was planning to vote on a deal that would allow Google to take ownership of the city's multimillion-dollar municipal …
Neil McAllister, 25 Apr 2013
The Register breaking news

Norwich Union trials PAYG car insurance

Norwich Union has begun trials of a new pay-as-you-go car insurance policy. Drivers will be tracked by a 'black box' which will record data about their journeys, and charge them according to how risky any particular journey is. The idea is that premiums will be matched precisely to the individual: those who use their cars …
Lucy Sherriff, 18 Aug 2004
Google Toilet Paper

Shouldn't we have self calibrating Y-fronts and smart bog roll by now?

Regular readers of this column, those of you who have have suspiciously too much time on their hands on a Friday afternoon will be aware that I am a IT fraud. Compooters are kinda fun and my second-favourite idea for a perfect Sunday afternoon might involve a bit of screwdriver surgery on a troublesome device, but I don't really …
Alistair Dabbs, 29 Nov 2013
The Register breaking news

Sony insurer says it's not liable for costs of data breach

Sony has been sued by its insurance company, which says the policy it issued doesn't cover a series of high-profile security breaches that exposed personal information associated with more than 100 million accounts. A complaint filed Wednesday by the Zurich American Insurance Company (ZAIC) and the Zurich Insurance Company said …
Dan Goodin, 22 Jul 2011
The Register breaking news

Source code loss excluded from insurance, says court

A company that lost critical software after it had the misfortune to be hit by both a computer virus and a burglary has been unable to recover its losses after the High Court ruled that exclusions in the firm's insurance policy applied to the claim. The case concerned Tektrol Limited, a provider of energy saving control devices …
OUT-LAW.COM, 11 Nov 2004
The Register breaking news

IT contractors to take out IR35 insurance

IT contractors are to be offered an insurance policy to cover the risk that the government will decide they fit in with IR35 criteria on a particular contract. This all stems from the High Court decision that the IR35 legislation wasn't illegal but required some extensive work by the government regarding its implementation. …
Kieren McCarthy, 24 May 2001
The Register breaking news

Cyber insurance between the lines

It's a security professional's nightmare. Not a new virus or worm. Not a hacker from outside trying to penetrate perimeter defenses. Not even an attempted denial of service attack. The nightmare scenario is the "Jayson Blair" syndrome -- the trusted insider gone bad. That can mean stealing information, destroying files, or …
Mark Rasch, 27 May 2003
Buncefield fire scene

Got it taped: The business of tape-based disaster recovery

For many SMEs, tape disappeared from their landscape as a data storage choice ten or more years ago. Domestically, it exists, if at all, as a legacy item with perhaps a car stereo chewing its way through a selection of fondly regarded C-90s. Still, this lack of public visibility by no means indicates that tape has come to the …
Bob Dormon, 18 Sep 2013

IBM tops chart for churning out patents for the 20TH TIME

It may be arguable whether patents are desirable or over-prescribed in the high tech industry, but there is no doubt that companies use patents as competitive – and anticompetitive – weapons, and therefore they have a huge value. Applying for and receiving lots of patents, then, can be seen as an insurance policy against …
FileMaker Bento

FileMaker Bento

When the leeches at NatWest recently decided to increase my home insurance premiums yet again, I decided it was time to take my business elsewhere. It was Bento that helped me to carry out an inventory of my home and belongings for my new insurance policy. FileMaker Bento Bento isn't your average database The Bento app is a …
Cliff Joseph, 26 May 2011
The Register breaking news

Euro Central Bank to tighten grip on web cash security

The European Central Bank (ECB) is consulting on new standards to increase the security of internet payments in the European Union. The draft recommendations (26-page/991KB PDF) incorporate the work of the European Forum on the Security of Retail Payments (SecuRe Pay), which was set up in 2011 to encourage cooperation between …
OUT-LAW.COM, 24 Apr 2012
The Register breaking news

Windows 7 gets built in XP mode

Microsoft is adding a "Windows XP Mode" to Windows 7, in a move to encourage users to make the switch to the software vendor's forthcoming operating system. The firm has built its XP mode into Windows 7 by using the Windows Virtual PC technology Microsoft acquired in 2003, to make the OS compatible to run apps designed for Vista …
Kelly Fiveash, 27 Apr 2009
The Register breaking news

Peruvian spuds entombed in Arctic 'doomsday vault'

More than 1,000 Peruvian potato varieties are destined for entombment in the Arctic's Svalbard Global Seed Vault amid fears they may be threatened in their traditional home. The BBC explains that the Cusco Potato Park will provide 1,500 distinct tuber examples for storage in the "doomsday vault", whose purpose is to "store …
Lester Haines, 17 Feb 2011
W**k-o-Meter

W**k-O-Meter

If you're going to do something, do it properly. A fine creed, and just as applicable to playing the pink oboe as any other worthwhile hobby. Designed not only to tell you how well you are doing it and what effect it’s having, but also to encourage the development of your technique and make it a more pleasurable experience, this …
channel

MS pitches Windows 7 at biz world ahead of Chrome OS release

Microsoft is telling biz punters not to put off upgrading their operating system to Windows 7 while they wait for Internet Explorer 9 to be released. Unsurprisingly, the software vendor is encouraging business customers to adopt Windows 7 ahead of the expected spring 2011 arrival of IE 9. Redmond typically pushes customers to …
Kelly Fiveash, 22 Sep 2010
Freecom Data Recover Service

Hardware biggest cause of HDD failure, says Freecom

External hard drive maker Freecom has revealed that almost half of all hard drive crashes are caused by hardware failure. While launching a new, low-cost data recovery service, Freecom said its internal estimates suggest manufacturing flaws and age together account for 49 per cent of all hard drive failures. By contrast, human …
Tony Smith, 23 Mar 2010
Sinclair QL

Sinclair’s 1984 big shot at business: The QL is 30 years old

In May 1983, Sinclair Research Managing Director Nigel Searle began briefing the press about the successful British micro maker’s next big release. It was 13 months after the company had launched the Spectrum and although that machine had become a huge success, punters and market-watchers were keen to hear about what Sinclair …
Tony Smith, 12 Jan 2014

Insuring iTunes: are your digital downloads covered?

Consumers building up extensive collections of digital music and movies should ensure their downloads are protected by their home insurance policy and will be replaced if the computers keeping them are damaged or stolen. Many insurers do not cover digital possessions, it has emerged. The days of popping down to your local …
James Sherwood, 06 Jul 2007
channel

How I went from punting PCs to betting a quarter billion on Betfair

Former channel man Peter Webb has become one of Betfair's leading customers and bets a quarter of a billion pounds annually on horseracing alone. He also sloshes a good amount on the X Factor market. The ex Compaq and Medion man finally left the UK's computer distribution channel in 2003 to make a full time go of trading on the …
Robert Blincoe, 06 Dec 2010
The Register breaking news

Bloody George's Budget: How bad is it really?

Oooh, I do love a good budget. It's an opportunity to poke fun at all the nonsensical misunderstandings of economics that politicians are prey to. Even if someone proposes something sensible you can be sure that the opposition to it will be rooted in a misconception of reality. So, what does this budget have for us today? …
Tim Worstall, 22 Jun 2010
The Register breaking news

Irate sysadmin locks San Francisco officials out of network

Hapless municipal bosses in San Francisco have been locked out of their network by a disgruntled sysadmin charged with computer sabotage. Terry Childs, 43 and of Pittsburg, California, was held on remand over the weekend pending the outcome of committal proceedings (an arraignment) on Tuesday where he faces four counts of …
John Leyden, 15 Jul 2008
The Register breaking news

San Francisco's 'rogue' sysadmin faces trial

Terry Childs, the allegedly rogue sysadmin accused of locking San Francisco authorities out of their own network at a cost of hundreds of thousands of dollars, will stand trial on four charges of tampering with a computer network. At a preliminary hearing last week, a judge ruled there was enough evidence of his probable guilt …

Intel brings bigger guns to AMD server chip war

If you want to get into the server processor racket, here's some advice: Don't bring a knife to a gun fight. And when you whip out your guns, you better have a piece stashed in each of your boots, maybe another high-caliber rifle on your back, and a few knives while you are at it for price-cutting when the bullets run out. With …
Windows Vista teaser

Microsoft says ‘hasta la vista XP’ - well, kinda

Microsoft yesterday sent customers a letter reaffirming its plans to kill off Windows XP sales at the end of June and that system builders can continue to ship machines loaded with the OS until early 2009. That widely-known caveat has been viewed by many as a considerable insurance policy for the software giant, which has failed …
Kelly Fiveash, 24 Jun 2008
The Register breaking news

iTunes Plus - plus user details that is

Apple's much touted DRM-free music download service launched yesterday under the moniker iTunes Plus. But apparently such freedom comes at a price as the computer giant failed to highlight one important point: customers using iTunes Plus will have their username and email address embedded in each DRM-free track they download. …
Kelly Fiveash, 31 May 2007
The Register breaking news

Rogue SF sysadmin may cost city over $1m

The disgruntled sysadmin accused of locking San Francisco out of its IT network may cost the city more than $1m in upgrades, consultants and repairs to undo the damage, according to the City's Department of Technology. Terry Childs, a 43-year-old from the Bay Area city of Pittsburg, is accused of creating a super password for …
Austin Modine, 10 Sep 2008
graph up

The lowdown on storage and data protection

El Reg has teamed up with the Storage Networking Industry Association (SNIA) for a series of deep dive articles. Each month, the SNIA will deliver a comprehensive introduction to basic storage networking concepts. The first article explores data protection. Part1: Fundamental Concepts in Data Protection Data protection is …
The Register breaking news

Reg hacks crawl from London to Brighton

You might imagine that the Paper Aircraft Released Into Space team would be taking a well-deserved Caribbean beach break following their recent high-altitude triumph, but no sooner had the dust settled on PARIS than we were ready to face a new, and perhaps even more daunting challenge: the London to Brighton Veteran Car Run. It …
Lester Haines, 09 Nov 2010
The Register breaking news

Illumos sporks OpenSolaris

If you were hoping that someone would fork the OpenSolaris operating system, you are going to have to settle for a spork. You know, half spoon and half fork. That, in essence, is what the Illumos, an alternative open source project to continue development on the core bits of OpenSolaris, is all about. The disgruntled OpenSolaris …
The Register breaking news

Anti-Hacking premiums 25% higher for Win NT

An insurance policy against hacker-inflicted damage costs 25 per cent more for companies using Windows NT. This is because "there are so many security holes in Microsoft products", John Wurzler, of Wurzler underwriting managers, told us today. Wurzler's stance could be a little unfair - security is far more dependent on how …
John Leyden, 17 Apr 2001
The Register breaking news

How to make boots on Mars affordable - One way trips

One of the main limiting factors on a manned mission to Mars is the fact that, under normal assumptions, much of the stuff that travelled to the red planet would not be concerned with exploration but rather with bringing the crew back to Earth. The solution? According to two scientists, it would make more sense for the first …
Lewis Page, 15 Nov 2010
Warning Stop

Relisys has stopped trading, administrator confirms

Begbies Traynor released a statement late on Friday confirming that monitor maker Relisys Digital went into administration on 21 March 2007. Simon Thomas of Begbies Traynor, joint administrator alongside David Hudson working on the Relisys case, said: "It has not been possible to continue to trade the business due to its …
Kelly Fiveash, 26 Mar 2007
The Register breaking news

Surrey Satellite to be bought by EADS Astrium

Britain's flagship space company, Surrey Satellite Technology Limited (SSTL), has announced that it will be acquired by a foreign buyer. The University of Surrey spinout sat maker announced today that it will henceforth be part of EADS Astrium, the space arm of European arms'n'aerospace titan European Aeronautics Defence and …
Lewis Page, 08 Apr 2008

Nvidia CEO says 'no' to VIA acquisition

Nvidia doesn't want to buy VIA, the graphics chip maker's CEO has claimed. Nvidia is completely focused on being a "visual computing technology company", he said. Well, for the moment, at any rate... Speaking to CNet, Nvidia CEO Jen-Hsun Huang suggested neither Nvidia nor VIA are interested in acquiring each other's business. …
Tony Smith, 12 May 2008
The Register breaking news

What Nokia (and everyone else) needs to learn about smartphones

When Gene Roddenberry was devising the original Star Trek in 1965, he predicted humans would make common use of teleportation and faster-than-lightspeed travel. But one 23rd century innovation was either missing, or absent because nobody wanted it: converged electronic devices. Cosmonauts who needed a data device got a …
Andrew Orlowski, 16 Sep 2010
The Register breaking news

SSL covers security embarrassments with EV figleaf

SSL has become something of a default 'security' stamp online. So much of a 'default' in fact that Phishers and other scammers now adopt it as a means of validating their scam site. Extended Validation SSL hopes to overcome this problem through stricter application procedures and greater visibility. The adage ‘buyer beware’ used …
The Register breaking news

‘No fuss’ e-risk cover for SMEs

Click For Cover, A Lloyd's underwriting firm, has unwrapped a "no-fuss" e-risk insurance policy designed for smaller businesses. Called Club Esurance, the policy is designed for companies employing fewer than 30 people (including directors). It indemnifies businesses against losses and liability claims for up to £500K arising …
Drew Cullen, 15 May 2003
The Register breaking news

Tektrol's worst case scenario

The fine print in an insurance policy becomes an issue when a bizarre chain of IT disasters leaves a company without a single copy of the source code to its flagship product. A series of booklets by Joshua Priven describe how to survive a series of "Worst Case Scenarios." These include telling readers how to escape from …
Mark Rasch, 16 Nov 2004
The Register breaking news

Liability loopholes catch UK tech firms

Technology companies were today warned to check for costly contract liability loopholes in their insurance policies. According to specialist insurer Hiscox, a significant number of UK technology companies and consultants have insufficient or no insurance against contractual disputes. The company, which underwrites risks for …
John Leyden, 02 Jul 2003
The Register breaking news

Weapons, oil prices driving worldwide atom ambitions

A crush of developing nations trying to gatecrash the nuclear power club has prompted fears of a subsequent race to develop nuclear weapons. The UN nuke regulator, the International Atomic Energy Authority (IAEA), says that it has recently been approached by 40 countries, all expressing an interest in nuclear power. According to …
Lewis Page, 12 May 2008
cloud

Product safety: don't let a crisis turn into a disaster

With Mattel recalling 18 million toys and Cadbury on the receiving end of a conviction for making and distributing unsafe chocolate, many manufacturers will be looking again at what they can do in the event of a product safety problem. What should a company do when faced with a product safety crisis? How can it handle the …
OUT-LAW.COM, 20 Aug 2007
The Register breaking news

Michael Stipe demands ringtones for electric cars

REM frontman Michael Stipe has taken a refreshing break from the time-honoured rock star pastime of pontificating on world hunger and political injustice to address a far more pressing matter - how to avoid getting run over by electric cars. Stipe's solution to this perambulatory nightmare is as brilliant as it is simple: said …
Lester Haines, 28 Sep 2004
The Register breaking news

Cheerleading can kill: official

We're not quite sure what to make of this one, but feel it is in the public interest to report that any reader interested in taking up cheerleading as a fun alternative to IT would do well to check that their health insurance policy covers them for dangerous sports. That's because a report in the journal Pediatrics shows that …
Lester Haines, 04 Jan 2006
The Register breaking news

Snow blankets London for Global Warming debate

Snow fell as the House of Commons debated Global Warming yesterday - the first October fall in the metropolis since 1922. The Mother of Parliaments was discussing the Mother of All Bills for the last time, in a marathon six hour session. In order to combat a projected two degree centigrade rise in global temperature, the Climate …
Andrew Orlowski, 29 Oct 2008
The Register breaking news

Dealer credit squeeze – why it's happening and what's to be done

The average IT distributor selling product at a consistent 5% margin require additional sales of £1,000,000 to break-even for every bad debt of £50,000. This is why credit insurance is so prevalent within distribution. The IT sector is characterized by short product cycles, consistently high failure rates, and reductions in …
Brian Burke, 30 Apr 2001