Six vulnerabilities in the popular Rsync file-synchronizing tool were disclosed Wednesday, including critical and high-severity flaws that could risk remote code execution (RCE) and data leakage. The Rsync utility is commonly used in Unix-like operating systems, and the Rsync daemon is frequently used to synchronize and distribute files through public mirrors. The CERT Coordination Center … Read more
2024 was another record issuance year for the catastrophe bond market and with total alternative reinsurance capital reaching new heights, the way insurance-linked securities (ILS) managers and investors matched appropriate risk returns was a notable success, according to Bill Dubinsky, Managing Director and CEO of Gallagher Securities.We spoke with Dubinsky, who heads up the capital … Read more
Philadelphia, Pa., Jan. 7, 2025, CyberNewswire — Security Risk Advisors today announced it has become a member of the Microsoft Intelligent Security Association (MISA), an ecosystem of independent software vendors (ISVs) and managed security service providers (MSSPs) that have integrated their solutions with Microsoft Security technology to better defend mutual customers against a world of … Read more
Ryan Specialty has agreed to acquire managing general underwriter (MGU) Velocity Risk Underwriters, LLC from its current owner, funds managed by Oaktree Capital Management, L.P. for $525 million, while insurer FM is set to acquire the MGU’s excess and surplus (E&S) lines carrier.The pending acquisition marks the next stage in Velocity Risk’s ownership story, as … Read more
The H5N1 bird flu situation in the US seems more fraught than ever this week as the virus continues to spread swiftly in dairy cattle and birds while sporadically jumping to humans. On Monday, officials in Louisiana announced that the person who had developed the country’s first severe H5N1 infection had died of the infection, … Read more
