Theft

Cyber Security for Industrial Automation Market to Reach $20.5 Billion Globally by 2032 at 8.7% CAGR: Allied Market Research

Retrieved on: 
Monday, February 12, 2024

NEW CASTLE, Del., Feb. 12, 2024 /PRNewswire/ -- Allied Market Research has recently published a report, titled, "Cyber Security For Industrial Automation Market By Type (Fixed Automation System, Programmable Automation System, Flexible Automation System, Integrated Automation System), By Tools or Technologies (Numerical Control (NC) Machine Tools, Programmable Logic Controllers (PLCs), Computer Numerical Control (CNC) Systems, Industrial Sensors), By Security Type (Enterprise Security, SCADA Security (supervisory control and data acquisition), Network Security, Device Security, Physical Security), By End Use (Automotive Manufacturing, Electronics and Telecommunication, Food & Beverage Processing, Pharmaceuticals, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032." According to the report, the global cyber security for industrial automation market generated $9 billion in 2022, and is anticipated to generate $20.5 billion by 2032, rising at a CAGR of 8.7% from 2023 to 2032.

Key Points: 
  • Moreover, industrial automation systems emerged as prime targets for cybercriminals amidst the COVID-19 pandemic, aiming to exploit vulnerabilities amid heightened dependence on digital technologies.
  • This is majorly because SCADA systems play a crucial role in industrial automation by providing remote monitoring and control capabilities.
  • Besides, SCADA's capability for efficient centralized process control is driving the demand for cyber security in industrial automation.
  • Leading Players in the Cyber Security for Industrial Automation Market:

Government of Canada hosts National Summit on Combatting Auto Theft

Retrieved on: 
Thursday, February 8, 2024

Discussions held at the Summit focused on finding solutions to the growing challenge of auto theft in Canada.

Key Points: 
  • Discussions held at the Summit focused on finding solutions to the growing challenge of auto theft in Canada.
  • Transport Canada will modernize the Canadian Motor Vehicle Safety Standards to ensure they consider technological advancements to deter and prevent auto theft.
  • "I want to thank all participants in today's Summit for coming together with one objective in mind – combatting auto theft.
  • Canada has strong laws in place to address auto theft at various stages of the crime.

Government of Canada announces federal investment to combat export of stolen vehicles

Retrieved on: 
Wednesday, February 7, 2024

Nationally, the CBSA has increased its efforts, intercepting 463 stolen vehicles in 2018 to more than 1,800 interceptions of stolen vehicles in 2023.

Key Points: 
  • Nationally, the CBSA has increased its efforts, intercepting 463 stolen vehicles in 2018 to more than 1,800 interceptions of stolen vehicles in 2023.
  • Some stolen vehicles also remain in Canada, enabling other crimes to be committed with the vehicles.
  • The Agency's role in the interdiction of stolen vehicles is the last line of defence before stolen vehicles are exported from Canada.
  • Build the CBSA's policy and program capacity required to guide, support and coordinate investments to interdict suspected stolen vehicles in Canada.

Community Bankers Association of Georgia Associate Member FraudXchange Offers a Solution to Help Banks Fight Check Fraud

Retrieved on: 
Wednesday, February 7, 2024

BIRMINGHAM, Ala., Feb. 7, 2024 /PRNewswire-PRWeb/ -- The Community Bankers Association of Georgia associate member FraudXchange introduces a suite of fraud prevention solutions exclusively for CBA of Georgia members. Georgia banks must be an eligible member of CBA of Georgia to enroll.

Key Points: 
  • BIRMINGHAM, Ala., Feb. 7, 2024 /PRNewswire-PRWeb/ -- The Community Bankers Association of Georgia associate member FraudXchange introduces a suite of fraud prevention solutions exclusively for CBA of Georgia members.
  • The FraudXchange's solutions offered exclusively to Community Bankers Association of Georgia member banks provide an option to help our members to fight back.
  • In response to the check fraud crisis and the frustrations expressed by financial institutions, FraudXchange has developed three solutions to help community banks combat fraud.
  • The FraudXchange's solutions offered exclusively to Community Bankers Association of Georgia member banks provide an option to help our members to fight back," said John McNair, President & CEO of the Community Bankers Association of Georgia.

Corning Announces Quarterly Dividend

Retrieved on: 
Wednesday, February 7, 2024

CORNING, NY, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Corning Incorporated ’s (NYSE: GLW) Board of Directors today declared a quarterly dividend of $0.28 per share.

Key Points: 
  • CORNING, NY, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Corning Incorporated ’s (NYSE: GLW) Board of Directors today declared a quarterly dividend of $0.28 per share.
  • The dividend will be payable on March 28, 2024, to shareholders of record on Feb. 29, 2024.

  • For a complete listing of risks and other factors, please reference the risk factors and forward-looking statements described in our annual reports on Form 10-K and quarterly reports on Form 10-Q.
  • Corning encourages investors, media, and other interested parties to review the information Corning may publish through its website and social media channels as described above, in addition to the company’s SEC filings, press releases, conference calls, and webcasts.

Patients of Elevate ENT Partners Impacted by Patient Statement Coding Error

Retrieved on: 
Tuesday, February 6, 2024

Elevate ENT Partners uses PatientNotebook (a service provided by Waystar, Inc.) to enable its patients to, among other things, view statements and to make payments to the patient's account.

Key Points: 
  • Elevate ENT Partners uses PatientNotebook (a service provided by Waystar, Inc.) to enable its patients to, among other things, view statements and to make payments to the patient's account.
  • RevSpring, Inc., a statement processor providing services to PatientNotebook, generated misidentified PDF statements resulting from a coding error introduced by a software partner.
  • As a result, some patients were incorrectly redirected to a different patient's statement.
  • This error impacted a little more than 1,000 patients and only impacted statements viewed through the PatientNotebook on October 24-25, 2023.

North Hollywood Client Renews Knightscope Security Robot Contract for 8th Year

Retrieved on: 
Tuesday, February 6, 2024

Knightscope, Inc. [Nasdaq: KSCP] (“Knightscope” or the “Company”), a leading developer of autonomous security robots (“ASRs”) and blue light emergency communication systems, today announces that a client in the entertainment industry has renewed its K5 Autonomous Security Robot (“ASR”) contract for the eighth consecutive year.

Key Points: 
  • Knightscope, Inc. [Nasdaq: KSCP] (“Knightscope” or the “Company”), a leading developer of autonomous security robots (“ASRs”) and blue light emergency communication systems, today announces that a client in the entertainment industry has renewed its K5 Autonomous Security Robot (“ASR”) contract for the eighth consecutive year.
  • The client consistently cites the ASR’s deterrence results among the top reasons for satisfaction in quarterly business reviews.
  • View the full release here: https://www.businesswire.com/news/home/20240206484548/en/
    North Hollywood Client Renews Knightscope Security Robot Contract for 8th Year (Photo: Business Wire)
    While contract renewals may seem routine, they also reflect the Company’s ability to foster growth, stability, and enhanced collaboration within its existing client base.
  • Each contract renewal is a testament to client satisfaction and trust in the Machine-as-a-Service business model.

Crime Insurance Market Expected to Reach $47.7 Billion by 2032--Allied Market Research

Retrieved on: 
Tuesday, February 6, 2024

WILMINGTON, Del., Feb. 6, 2024 /PRNewswire/ -- Allied Market Research published a report, titled, Global Crime Insurance Market by Coverage (Fraud Cover, Forgery Cover, Theft Cover, Kidnapping Cover and Others), and End User (Individuals and Businesses): Global Opportunity Analysis and Industry Forecast, 2023–2032. According to the report, the global crime insurance industry generated $13.7 billion in 2022, and is anticipated to generate $47.7 billion by 2032, witnessing a CAGR of 13.5% from 2023 to 2032. 

Key Points: 
  • The share was found around two-fifths of the crime insurance market revenue and is expected to be the leader in the future.
  • On the basis of end user, the business segment held the highest market share in 2022, accounting for more than two-thirds of the crime insurance market revenue and is estimated to maintain its leadership status throughout the forecast period.
  • North America region accounted for more than one third the crime insurance market revenue and was the major shareholder in the region.
  • Strict guidelines, large volume of business activities, use of sophisticated financial markets, growing aware of crime insurance and risk management activities, growth in technology innovation, further increased the growth of North America region in the crime insurance market.

Crime Insurance Market Expected to Reach $47.7 Billion by 2032--Allied Market Research

Retrieved on: 
Tuesday, February 6, 2024

WILMINGTON, Del., Feb. 6, 2024 /PRNewswire/ -- Allied Market Research published a report, titled, Global Crime Insurance Market by Coverage (Fraud Cover, Forgery Cover, Theft Cover, Kidnapping Cover and Others), and End User (Individuals and Businesses): Global Opportunity Analysis and Industry Forecast, 2023–2032. According to the report, the global crime insurance industry generated $13.7 billion in 2022, and is anticipated to generate $47.7 billion by 2032, witnessing a CAGR of 13.5% from 2023 to 2032. 

Key Points: 
  • The share was found around two-fifths of the crime insurance market revenue and is expected to be the leader in the future.
  • On the basis of end user, the business segment held the highest market share in 2022, accounting for more than two-thirds of the crime insurance market revenue and is estimated to maintain its leadership status throughout the forecast period.
  • North America region accounted for more than one third the crime insurance market revenue and was the major shareholder in the region.
  • Strict guidelines, large volume of business activities, use of sophisticated financial markets, growing aware of crime insurance and risk management activities, growth in technology innovation, further increased the growth of North America region in the crime insurance market.

Équité Association's 2023 Auto Theft Trend Report Shows a Continuation of Canada's Auto Theft Crisis

Retrieved on: 
Tuesday, February 6, 2024

TORONTO, Feb. 6, 2024 /CNW/ - Équité Association has released its 2023 Auto Theft Trend Report, which illustrates the continuation of the national auto theft crisis, following a historically high year in 2022.

Key Points: 
  • TORONTO, Feb. 6, 2024 /CNW/ - Équité Association has released its 2023 Auto Theft Trend Report, which illustrates the continuation of the national auto theft crisis, following a historically high year in 2022.
  • "These trends show that the national auto theft crisis is continuing," says Terri O'Brien, President and CEO of Équité Association.
  • Auto theft in Canada continues to be viewed as a low-risk/high-reward opportunity for criminals, regardless if the vehicles are for export or domestic resale.
  • Équité Association is honoured to be presenting at the summit to support the collaborative efforts of all stakeholders and to make a meaningful impact on the auto theft crisis in Canada.