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Marsh JLT Specialty hires a new head of cyber, SterlingRisk announces a new president of programs; all of this and more in this edition of People on the Move.
The cyber threat is big, growing fast. That’s the scary news. The good news is cyber insurance is taking off with most stand-alone policies paying out.
Cyber crime is hitting its stride, while global political tensions add complexity to an already challenging cyber security environment.
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.
A board that isn’t proactive in protecting against cyber attacks is a board vulnerable to regulatory fines, reputation damage and public scrutiny.
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.
Your company has just been the victim of a security breach. Cyber criminals have locked you out and are demanding a ransom. Do you pay?
A global ransomware attack could cause nearly $193 billion in economic loss, and only 14 percent would be covered by insurance.
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.
Economic pressures are leading to thieves becoming more innovative, particularly in the theft of food and beverage cargos.
Tech companies like Google and Facebook are tapping national intelligence services and government agencies for cyber talent.
Not a week goes by without some cyber breach, which is why manufacturing companies should look into their cyber liability insurance options.
A recent Beecher Carlson report highlights potential coverage gaps related to connected medical devices, helping organizations avoid unpleasant surprises.
State-sponsored cyber attackers have all the time and resources they need to probe and then inflict damage on critical infrastructure.
Commercial airlines will have to stay ahead of these risks in order to keep up with demand and stay profitable.
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.
Experian released its predictions for the breaches we can expect to see this year. Here are three newly emerging threats you might not be ready for.
Onboard fires, cyber attacks and the risk that distracted captains will run vessels aground are all leading to increased cargo marine losses.
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.