2018 Terrorism Risk Insurance Report

Executive Protection and Secure Transportation Podcast

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The Secure Transportation and Executive Protection News for Friday, September 7th, 2018

In Vehicle News

From the Drive

BMW Building High-Tech Driving Simulation Center in Munich

The BMW Group has started work on a new $116 million Driving Simulation Center in Munich that will help with the company's testing and development of autonomous driving technology. The new facility will "bring the road into the lab” and is located in Munich’s Milbertshofen district. The new build will cover a total of 123,000 square feet and will be equipped with 14 simulators and labs. The facility is expected to be completed in 2020.

The Driving Simulation Center will allow virtual testing of advanced driving assistance systems, and innovative display and control concepts to move autonomous tech forward. At the heart of the center are two innovative driving simulators. One is a high-dynamic simulator creating movements up to 1.0 G-force. It will be used to test new systems and functions by replicating evading maneuvers, full braking, and hard acceleration.

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In Cyber Security News

From the Next Web

Hackers hijack 380,000 customers’ data from British Airways’ site

Hackers have stolen the data of 380,000 customers including names, addresses, phone number, and payment information from the British Airways website.

However, the compromised data didn’t include passport or travel details. The airline said that the data was stolen from its website and mobile app between August 21 and September 5.

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In Terrorism News

From Marsh Insurance Broking and Risk Management

2018 Terrorism Risk Insurance Report

Although the number of incidents and casualties declined in 2017, terrorism remains a persistent and significant threat to businesses, governments, and individuals. Terrorist attacks rank among the top 10 risks for global businesses in terms of likelihood, according to the World Economic Forum’s Global Risks Report 2018, produced in partnership with Marsh & McLennan Companies. Geopolitical concerns also rank high, with weapons of mass destruction identified as the top risk in terms of impact. And the past several years have demonstrated that these risks are rapidly evolving.

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