Claims
TORONTO – VerticalScope, a Toronto-based company that operates hundreds of websites and online forums, was the victim of a hacker earlier this year who stole millions of user records. “We believe that any potential breach is limited to user names, user IDs, email addresses, IP addresses and encrypted passwords of our community users,” Jerry Orban, […]
By The Canadian Press | June 20, 2016
2 min read
The City of Vancouver has filed with the Federal Court of Appeal an application for a judicial review of the National Energy Board’s (NEB) decision to conditionally recommend Kinder Morgan’s pipeline expansion project, contending that it is both invalid and unlawful. The City of Vancouver said in a statement on Monday that throughout the NEB […]
By Canadian Underwriter | June 20, 2016
3 min read
HIGH RIVER, Alta. – It’s been a busy three years for one of the southern Alberta communities hardest hit by extensive flooding three years ago. The mayor of High River south of Calgary says the town has come back stronger than ever, even though it hasn’t been easy. Craig Snodgrass says the first priority was […]
The Premiers of Quebec and Saskatchewan announced on Thursday that they have agreed to accelerate the development and deployment of technologies related to carbon capture and storage (CCS). Quebec Premier Philippe Couillard (above right) and Saskatchewan Premier Brad Wall (above left) have agreed to expand their collaborative relationship to further develop the potential of CCS […]
By Canadian Underwriter | June 17, 2016
Cybersecurity company Kaspersky Lab has reported that its researchers have uncovered a global forum where cybercriminals can buy and sell access to compromised servers for as little as US$6 each. The xDedic marketplace, which appears to be run by a Russian-speaking group, Kaspersky Lab said in a press release on Wednesday, currently lists 70,624 hacked […]
Flooding in British Columbia’s Peace Region is affecting provincial highways, resulting in the closure of Highway 97 between McKenzie Junction and Chetwynd and at Rolla Road between Highway 49 and Highway 2. An information bulletin issued Thursday afternoon by B.C.’s Ministry of Transportation and Infrastructure emphasizes that the force and power of flood water should […]
Alberta’s Ministry of Agriculture and Forestry has reported that it is reviewing its response to the Fort McMurray wildfire, which is being held, but estimated to cover nearly 590,000 hectares as of Wednesday afternoon. The review will look at the Ministry of Agriculture and Forestry’s wildfire preparation and readiness up to May 31 of this […]
By Canadian Underwriter | June 16, 2016
With the United States National Flood Insurance Program scheduled to expire in September, 2017 and the House of Representatives unanimously approving a bill intended to give consumers more choice in buying flood insurance, the market for flood coverage “may end up looking very different,” Standard & Poor’s Financial Services LLC suggested in a report released […]
5 min read
Detection and escalation costs related to data breaches were the highest in Canada and lowest in India, note findings of a new global survey released Wednesday. “The average detection and escalation costs for Canada was US$1.60. In contrast, the average costs were US$0.53,” states 2016 Cost of Data Breach Study: Global Analysis, benchmark research sponsored […]
The mayor of the District of Chetwynd in northeastern British Columbia declared a state of local emergency on Wednesday following a “very heavy rainfall event.” A media release from the municipality said that according to Environment Canada, 79 millimetres of rain fell in Chetwynd as of noon Wednesday. A further 30-50 millimetres of rain was […]
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