GDPR laws on privacy allow for fines of up to 4 percent of global revenue for data breaches, which could cost Facebook $2.2 billion and Google $5.4 billion.
The manufacturing industry has unique cyber exposures, and this risk manager knows it’s important to stay on top of the sector’s rapidly changing use of technology.
From traditional risks like safety and oil volatility to emerging exposures like climate change litigation, here are the top risks facing the sector today.
With Chinese and Iranian hackers launching aggressive new attacks on businesses and government agencies in the U.S., there are obvious business interruption and data security concerns.
Justin Corrado, Vice President, Marsh Marsh’s Justin Corrado recently helped a global shipping and logistics company place its first — and incredibly complex — cyber program. “No standard canned off-the-shelf policy would fit our needs,” said the company’s global risk and insurance manager. Together with Corrado, they built a robust and groundbreaking program. Corrado helped… View Article
A recent Beecher Carlson report highlights potential coverage gaps related to connected medical devices, helping organizations avoid unpleasant surprises.
The regulatory landscape is changing. Insurance companies need to be on top of these key trends if they want to continue to build successful risk strategies.
Dropping Bitcoin values, closing liberal arts colleges and a volatile stock market all present risk management lessons. Especially if all three take a tumble in one day.
Attorneys and risk managers say lack of ADA-compliant websites is a growing issue and businesses should start reviewing their sites and checking their liability coverage.