> ## Content Index
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# January 9, 2016: Rating the Cyber Risk Threat and New India Fault Worries and Counting the Canadian Wildfire Cost
- URL: https://www.riskmarketnews.com/january-9-2016-rating-the-cyber-risk-threat-and-new-india-fault-worries-and-counting-the-canadian-wildfire-cost/
- Published: 2017-01-09T07:36:36.000Z
- Updated: 2017-01-09T07:36:36.000Z
- Author: Chris Westfall

### Risk Science & Finance: What You Need to Read Today

[Insurers Tap Cyber Security Ratings to Limit Liabilities](https://www.ft.com/content/1cfd5d28-c26f-11e6-81c2-f57d90f6741a?ref=riskmarketnews.com)  
*Financial Times (sub may be required)*  
A new breed of start-ups aims to assess strength of companies’ defences against hackers

[Winter Storm in Northern California Becomes a ‘Serious Situation’ As Widespread Flooding, Evacuations Occur](http://www.latimes.com/local/lanow/la-me-ln-sierra-storm-20170108-story.html?ref=riskmarketnews.com)  
*LA Times*  
the storm is one of a string that is expected to continue dumping more rain and snow, part of a so-called atmospheric river.

[Alberta Fires Push Canada’s Insurable Damage to Record $4.9 Billion in 2016: IBC](http://www.edmontonjournal.com/business/alberta+fires+push+canadas+insurable+damage+record+billion+2016/12652431/story.html?ref=riskmarketnews.com)  
*Edmonton Journal*  
The estimated insurable damage toll was about $1.7 billion higher than the previous full-year record of $3.2 billion set in 2013.

[New Fault in Indian Ocean May Trigger Quakes in Future: Study](http://www.thehindu.com/sci-tech/energy-and-environment/New-fault-in-Indian-Ocean-may-trigger-quakes-in-future-study/article17013186.ece?ref=riskmarketnews.com)  
*The Hindu*  
The large tremor that shook the Andaman-Sumatra region in 2012 may be resulting in a plate boundary on the floor.

[Everybody’s Talking Blockchain. What Does It Promise for Insurance?](https://www.finextra.com/blogposting/13531/everybodys-talking-blockchain-what-does-it-promise-for-insurance?ref=riskmarketnews.com)  
*Finextra*  
This industry is often slow to adopt change, and yet blockchain has the potential to effect it more profoundly and significantly that other financial service industries.