For a low frequency, high severity peril like earthquake, businesses need to know their risk management plans before a single pebble falls out of place.
A recent ransomware attack on the Colonial Pipeline left much of the Eastern U.S. in fear of serious fuel shortages. This attack highlights inconsistencies and weakness within the U.S. IoT cyber security capabilities.
Cyber security risk has become a prominent threat for companies and businesses alike. Many fear that a cyber attack could result in loss of information or data. But a recent cyber security breach at a water treatment facility in Florida has made it clear that no entity is safe.
In an effort to tackle severe weather and volatile storms, The Institutes has created Helix, an advisory board aimed at utilizing technology to assess natural disaster risk.
Could the risk management industry have been prepared for the risks 2020 presented? In a time where organizations may feel on edge, now is the time to trust that risk management is up to the job.
Claims professionals are no stranger to catastrophe and disruption. It’s imperative that the claims process continues to expand its risk strategies in spite of hurdles, starting with fostering relationships and utilizing technology.
The opioid misuse crisis continues to negatively impact the lives of patients while costing our health care system billions of dollars. This is why it still deserves our focus.