A security researcher has discovered that the websites of over 100 car dealerships have been compromised in a supply-chain attack that attempted to infect the PCs of internet visitors. As researcher Randy McEoin explains in a blog post, cybercriminals infected the systems of LES Automotive, a company which provides a video services to help car … Read more
Insurance giant Allstate is set to face civil charges after falling victim to a pair of data breaches.New York State Attorney General Letitia James filed suit against Allstate and its affiliated companies on charges of failing to protect customer data when estimating car insurance quotes.In the suit, James alleged that Allstate and National General Insurance … Read more
Stay informed with free updates Simply sign up to the Chinese trade myFT Digest — delivered directly to your inbox. Beijing says it will impose tariffs on Canadian agricultural and food products in retaliation for Ottawa’s levies on Chinese electric vehicles, stoking greater uncertainty over the North American country’s economy. China’s commerce ministry on Saturday … Read more
Global insurtech funding hit a seven-year low of $4.25 billion in 2024, marking a challenging year for the sector, though AI-focused companies showed resilience by securing $2.01 billion across 119 deals, according to Gallagher Re’s Global Insurtech Report. Total insurtech funding in 2024 — down 5.6 percent from $4.51 billion in 2023 — represents the … Read more
This article is an on-site version of our FirstFT newsletter. Subscribers can sign up to our Asia, Europe/Africa or Americas edition to get the newsletter delivered every weekday morning. Explore all of our newsletters here Good morning. In today’s newsletter: China retaliates against Trump’s tariffs Microsoft poaches DeepMind staff behind AI podcast feature Bangladesh rewrites … Read more
