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# December 1, 2015: Australia's Weather Computers Under Attack and U.S. Crop Insurance Saved... Again
- URL: https://www.riskmarketnews.com/december-1-2015/
- Published: 2015-12-02T07:13:52.000Z
- Updated: 2015-12-02T07:13:52.000Z
- Author: Chris Westfall

## Risk Science: What You Need to Read Today

### 

### [China Blamed for ‘Massive’ Cyber Attack on Bureau of Meteorology Computer](http://www.abc.net.au/news/2015-12-02/china-blamed-for-cyber-attack-on-bureau-of-meteorology/6993278?ref=riskmarketnews.com)

#### [ABC News](http://www.abc.net.au/news/2015-12-02/china-blamed-for-cyber-attack-on-bureau-of-meteorology/6993278?ref=riskmarketnews.com)

China is being blamed for a major cyber attack on the computers at the Bureau of Meteorology, which has compromised sensitive systems across the Federal Government.

### [World-First Research Into Insurance Industry’s Quake Response](http://www.stuff.co.nz/the-press/business/the-rebuild/74613075/worldfirst-research-into-insurance-industrys-quake-response?ref=riskmarketnews.com)

#### [The Press](http://www.stuff.co.nz/the-press/business/the-rebuild/74613075/worldfirst-research-into-insurance-industrys-quake-response?ref=riskmarketnews.com)

A world-first research project into the insurance industry’s response to the Canterbury earthquakes will be a “global resource” for years to come.”

### [Better Science Can Now Show How Humans are Making Extreme Weather Worse](http://qz.com/562214/climate-change-is-making-extreme-weather-worse-and-scientists-have-connected-the-dots-back-to-humans/?ref=riskmarketnews.com)

#### [Quartz](http://qz.com/562214/climate-change-is-making-extreme-weather-worse-and-scientists-have-connected-the-dots-back-to-humans/?ref=riskmarketnews.com)

Scientists are forming an increasingly clear picture of how climate change is contributing to present-day “natural” disasters.

### [Using UAVs to Improve Flood Risk Management](http://www.envirotech-online.com/news/portable-field-testing/43/cranfield%5Funiversity/using%5Fuavs%5Fto%5Fimprove%5Fflood%5Frisk%5Fmanagement/37086/?ref=riskmarketnews.com)

#### [Environmental Technology](http://www.envirotech-online.com/news/portable-field-testing/43/cranfield%5Funiversity/using%5Fuavs%5Fto%5Fimprove%5Fflood%5Frisk%5Fmanagement/37086/?ref=riskmarketnews.com)

New images provide detailed information to monitor the characteristics of water courses and the effect these have on the surrounding areas.

## Risk Business: What You Need to Read Today

### 

### [SC Floods’ Damage: $12 Billion, Economists Say](http://www.thestate.com/news/local/article47471060.html?ref=riskmarketnews.com)

#### [The State](http://www.thestate.com/news/local/article47471060.html?ref=riskmarketnews.com)

The October floods inflicted about $12 billion in damage on South Carolina, putting the two-day storm’s impact on the same magnitude of Hurricane Hugo

### [Senn’s Departure Seen Ending Era of Fat Dividends at Zurich](http://www.bloomberg.com/news/articles/2015-12-01/senn-s-departure-seen-ending-era-of-generous-dividends-at-zurich?ref=riskmarketnews.com)

#### [Bloomberg](http://www.bloomberg.com/news/articles/2015-12-01/senn-s-departure-seen-ending-era-of-generous-dividends-at-zurich?ref=riskmarketnews.com)

After two years of growth barely above zero, Zurich expects an outright decline in revenue this year.

### [Obama Unveils $30 Mln for Climate Risk Insurance to Protect Poor](http://www.reuters.com/article/2015/12/01/climatechange-summit-insurance-idUSL8N13Q3S320151201?ref=riskmarketnews.com#uxADlZpG4DxSQupu.97)

#### [Reuters](http://www.reuters.com/article/2015/12/01/climatechange-summit-insurance-idUSL8N13Q3S320151201?ref=riskmarketnews.com#uxADlZpG4DxSQupu.97)

The new money will support the Pacific Catastrophic Risk Assessment and Financing Initiative and the African Risk Capacity programme, and expand the Caribbean Catastrophic Risk Insurance Facility to cover Central American countries.

### [Highway Deal Reverses Crop Insurance Cut](http://www.agri-pulse.com/Highway-deal-reverses-crop-insurance-cut-12022015.asp?ref=riskmarketnews.com)

#### [AgriPulse](http://www.agri-pulse.com/Highway-deal-reverses-crop-insurance-cut-12022015.asp?ref=riskmarketnews.com)

The budget agreement would have required the Agriculture Department to cap the insurance companies’ rate of return at 8.9 percent, down from the current 14.5 percent.