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| RIMS.org | RM Magazine | Risk Knowledge Library | RIMScast | RISKWIRE Archive | ||||||
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Today's Feature
Risk Management Magazine (2/27/2024)
Technical solutions to cyberattacks are the cornerstone of a sound cyber resilience plan, but the potential for damage to your company—whether material or reputational—can persist long after an organization resolves the purely digital aspect of an attack. Implementing these strategies can help limit the impact of a cyberattack.
Industry News
StrategicRISK (2/28/2024)
A new analysis of 36 countries ranks the U.S. as one of the most economically exposed countries, where hazard intensification is likely to occur due to climate change. Reinsurance News (3/1/2024)
The record-breaking Smokehouse Creek Fire in Texas has burned over a million acres, posing economic and insured losses potentially in the hundreds of millions. Insurance Journal (3/6/2024)
The SEC plans to mandate greenhouse gas emissions disclosure for companies, though with softened requirements, omitting forced quantification of Scope 3 emissions.
Moody's RMS Blog (3/5/2024)
Industry experts at Moody’s discuss the impact of the 2023 hurricane season, highlighting the rise in severe convective storm losses and the need for sustainable risk management strategies for carriers. Fedscoop (2/26/2024)
The National Institute of Standards and Technology has released a new cybersecurity framework, adding a "govern" function that focuses on how “cybersecurity risk management strategy, expectations and policy are established, communicated and monitored.” Risk & Insurance (3/5/2024)
Commercial property/casualty insurance premiums saw a slower increase in Q4 2023, but challenges persist, prompting brokers to prioritize customer experience. Rims Resources
RIMS Executive Report, Sponsored by AuditBoard
More than half of organizations experienced a third-party IT security incident in the last two years, according to a survey conducted by the CyberRisk Alliance. Of these incidents, 52% originated from a software vendor. These sobering statistics are part of a recent CRA research report, sponsored by AuditBoard, that surveyed over 200 security executives, directors, managers, and IT admins. See how your organization compares to the survey results. RIMS Virtual Workshop, March 12-13
Risk managers are working with more data now than ever before. Data, combined with the growing availability of alternative risk solutions, can—and often does—result in more robust risk finance strategies. And more robust risk finance strategies equal more resilient organizations. Captives offer benefits such as stabilization of costs, ability to earn investment income, access to coverage not available in the market, and improved claims handling and risk control, among others. This workshop dives deep into the opportunities and risks associated with captive formation and use, and how alternative risk financing can support your organization’s goals. |
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