Risk Management Magazine (2/1/2023)
Business email compromise (BEC), also known as “CEO fraud,” is one of the most expensive forms of cyberattack, yet companies continue to overlook it as a significant and active threat to their bottom lines. According to IBM’s Cost of a Data Breach Report 2022, “BEC and phishing attacks led to the highest average breach costs—about $4.9 million per incident.”

Reuters (3/24/2023)
Coinbase, the world's largest publicly-traded crypto firm, is now part of a debate on whether digital assets are investment contracts akin to stocks or bonds that should be regulated by the SEC.

Reinsurance News (3/24/2023)
According to independent investment manager Twelve Capital, risk of liquidity as a result of the current banking crisis is not high for most re/insurers.

Continuity Central (3/21/2023)
Effective asset management supports business continuity, cyber resilience, and compliance, but it is an area that many organizations struggle with. 

Insurance Business (3/23/2023)
Chubb’s new policy to limit underwriting on oil and gas extraction is a step in the right direction, but it may not be enough to address rampant carbon emissions.

Continuity Central (3/17/2023)
The failure of Silicon Valley Bank and Signature Bank have highlighted how important financial risks are to organizational resilience.

Reuters (3/22/2023)
A recent U.S. labor board ruling limiting what employers can include in severance agreements is a reminder that companies must be careful not to ask workers to sign away their rights.

Insurance Journal (3/24/2023)
In a new report, Swiss Re Institute states that “in 2023, we expect that inflation should lead to an additional increase of 3.5-6.5%.”

Canadian Underwriter (3/22/2023)
Global insured losses from natural catastrophes reached US$125 billion in 2022, the second consecutive year in which insured losses from NatCats exceeded US$100 billion.

RIMScast Sponsored by Alliant
Alex Littlejohn, Executive Vice President and Managing Director, Alliant Retail Property and Casualty, joins RIMScast to discuss the importance of analytics in insurance procurement. Alex provides a sneak peek into Alliant's proprietary data and analytics platform set to launch at RISKWORLD 2023.

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