Arab Reinsurance Company: a new dimension
Home   |   Sitemap   |   Contact us
Follow us on
Is Climate Litigation Covered by Insurance? - Social Inflation or Science: What Is Fueling Climate Litigation? - Fortegra Europe Opens Branch in Czech Republic - Vantage launches Construction and Political risk business - UK Insurers Cautiously Willing to Underwrite Fire Safety Risks - Insurtech Foxquilt Raises $8M to Expand Small Business Offering in U.S. and Canada - Speciality Re/Insurer Convex Launches European Subsidiary With A- Rating From S&P - Debt surge in emerging markets may hurt insurance outlook: Swiss Re - Zurich Insurance Weighs Selling Some Australian Non-Core Assets - Reinsurers Face Major Claims Uncertainties, but Reap Benefits of Pricing Tailwinds - Corvus, SiriusPoint announce investment & underwriting capacity partnership - Munich Re backs energy storage systems provider ESS - Climate Change Could Force 200 Million People to Leave Their Homes by 2050 - Work of the scientific community and re/insurers needed to assess climate change: Lloyd’s - Gallagher Re Touts Advanced Integrated Reinsurance Analytics Platform - London Financial Employees Return to Offices Despite Rising Virus Cases - P/C Reinsurers Maintain Underwriting Discipline, Despite Rising Capacity: Guy Carpenter - Britain Looks to Revisit Data Privacy Regulations - WTW, Applied Systems target real-time pricing enhancements - Reinsurance environment “most attractive in a decade”: SCOR’s Launay - Willis Towers Watson’s New CEO Says It Has $5 Billion for Possible Acquisitions - Lloyd’s Reports H1 2021 Profit of £1.4B ($1.9B), with 92.2% Combined Ratio - Global Reinsurers Shoulder ‘Considerable Burden’ of COVID-19 Claims - “Inflation is the enemy of the re/insurance industry,” says Swiss Re CFO Léger - Global Reinsurance Rates, Demand to Continue Rising in 2022: Moody’s - Prudential’s Michael Koller joins MS Amlin as Chief Risk Officer - Rates need to and will harden further: Swiss Re CEO Mumenthaler - Russia’s Renaissance Insurance Plans $1 Billion IPO in Moscow: Reuters
Search Search
World News & Events
Enlarge Font Minimize Font

Japan to restrict use of foreign tech in telecom, power grids

Tuesday, 05 18 2021, Category: Technology, Country: Asia
TOKYO -- The Japanese government will introduce new regulations for 14 critical infrastructure sectors to bolster cyber defenses, learning from the recent Colonial Pipeline hack that shut down a major energy artery in America's East Coast.

The sectors include telecommunications, electricity, finance, railroads, government services and health care, Nikkei has learned. The government will require operators of such key infrastructure to address national security concerns when procuring foreign-made equipment.

The potential for cyberattacks and information leaks has grown over the years as telecom carriers and public utilities increasingly rely on digital technologies to operate and monitor their facilities. Japan hopes to mitigate risks posed by compromised equipment and connections, especially amid growing concerns of data leaks from Chinese-made telecommunications equipment.

The government plans to amend the various laws governing each sector in one sweeping motion and add a clause requiring each sector to be conscious of national security risks.

Specifically, they will be required to look into issues stemming from the use of foreign equipment or services, including cloud data storage, as well as connections to servers located overseas.

All copyrights reserved, Arab Reinsurance 2016 ©