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EN-June2017-eMag2

Widening the Dormer options Dormer Pramet has launched new chip breakers for turning and bar peeling. The negative NRM turning chip breaker is for roughing and semi-roughing of stainless steel and low alloy steel. Launched under the company’s Pramet brand, NRM is available for both double-sided and large singlesided inserts. It has been designed for continuous and mass levels of production, offering consistent performance and high feeds. However, the NRM has excellent chip-breaking properties and can also be used for roughing of stainless steel even at lower feeds, without the risk of work hardening. Its positive geometry with a wide T-land offers a broad depth of cut and promotes good chip evacuation in a wide number of applications. The chip breaker is available in grades T7325, T7335 and T9315.  The NRM enhances Pramet’s existing range of turning chip breakers for stainless steel, including the NMR for medium to roughing operations, NM for medium turning and NF for finishing to medium turning. In a recent test, machining M group material DIN 1.4301, the NRM on the CNMG insert with T7335 grade, achieved a 60% longer tool life than a competitor equivalent.  Meanwhile, Dormer Pramet has developed a new chip breaker for bar peeling of stainless steel, steel and super alloys. Suitable for roughing to finishing operations, the MM chip breaker has been designed with a wide, strong T-land to offer increased stability of the cutting edge. This gives the Pramet chip breaker good chip control with an even spread of the cutting forces, making it suitable for high feeds in heavy conditions. There are three cutting edge options: S01 is for hard materials, S02 for medium hardness and S03 have a stabilised facet on the main cutting edge for soft materials. The MM chip breaker is available for use with the LNGF inserts, for roughing to finishing, RNGH inserts for roughing and WNGF inserts for roughing to finishing. It is suitable for use with the grades T7325, T9315 and T6310. 8 June 2017 Ransomware cyber-attacks impact growing on NZ Barely 5% of Kiwi companies have taken out cyber insurance, despite a predicted rise in ransomware and other cyber issues, a leading New Zealand specialist underwriting agency says. Ian Pollard, director of Delta Insurance, says the total potential for the New Zealand Cyber Insurance market in time may reach $500 million in premiums. Delta says it is New Zealand’s only locally owned and operated specialist underwriting agency specialising in areas such as cyber, technology, environmental and UAV insurance cover. A Symantec report says New Zealand has the second highest number of ransomware attacks in the southern hemisphere (21st globally) and more than 50% of Delta Insurance’s cyber insurance claims all up have been related to ransomware Pollard has nearly 20 years’ experience in cyber insurance and the company provides hacker theft coverage and provides a special cyber risk management approach.  Latest estimates reveal that cybercrime costs $US3 trillion globally and between $NZ250 million to $NZ500 million in New Zealand. The government allocated $22 million from its 2016 budget to set up its new Ministry of Business, Innovation and Employment’s national Computer Emergency Response Team (CERT) in April. The CERT, as a first port of call for a cyber-attack, is responsible for monitoring, tracking and advising individuals and businesses on cyber security incidents or attacks affecting NZ. “Public-private sector partnership is essential to improving New Zealand’s cyber security architecture. Ransomware attacks have made up 40 percent of our insured cyber claims over the last 12 months. “I predict the number of cyber insurers will double over the next two years (from eight to 16) and peak in 2018, making it the best time for New Zealand businesses to buy cyber insurance. “The global cyber insurance market will increase tenfold within the next eight years from $US3.5 billion to potentially $US25 billion by 2025. The cost of cybercrime will also grow from $US3 trillion in 2015 to $US6 trillion in 2021. We contributed to the OECD report which investigated the issue. “Sophisticated cyber insurers are conscientious around understanding accumulations for various cyber disaster scenarios and there are some potential risk scenarios that could have very severe and wide-ranging consequences. “Examples of these include a major cloud provider outage, global malware or ransomware contagion similar to the recent Wannacry event and a global cyber terrorist incident.   Any of these events could be truly global in nature and are perhaps the more concerning incidents being silent cyber scenarios exposing non-cyber insurance products to potential cyber-related losses. “Ransomware attacks aren’t going away. New Zealand has had hundreds of ransomware attacks this year and we expect more. “We’re passionate about cyber risk management and helping clients, especially small to medium business enterprises, and insurance brokers to understand the risks associated with cyber threats,” he says. Big gong for ETW Enerpac’s new Electric Torque Wrench (ETW) received a top manufacturing accolade, receiving the Industrial Product of the Year at this year’s Manufacturers’ Monthly Endeavour Awards. The awards were held at Docklands, Melbourne in May and recognised the safest, most efficient and innovative technologies and solutions in the manufacturing industry. The ETW improves bolting efficiency and performance for industries requiring high repetition and high precision such as mining and energy, infrastructure, oil and gas, power generation, rail, petrochemical and processing plants. N E W S


EN-June2017-eMag2
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