Risk Management Magazine (11/23/2024)
Organizations around the world faced a wide range of risks in 2024, whether it was from natural disasters and extreme weather, geopolitics and supply chain risks, cybersecurity and artificial intel­ligence threats, or regulatory and compliance concerns. Here is a review of some of the year’s most notable risk events, highlighting top challenges risk professionals had to address in 2024 and some that will shape the risk landscape moving into 2025.

Insurance Journal (12/23/2024)
In 2024, cybercriminals stole $2.2 billion by hacking cryptocurrency platforms, a 21% increase from 2023.

Carrier Management (12/20/2024)
Congress' stopgap spending bill will allocate $100 billion in emergency aid for communities recovering from Hurricanes Helene and Milton and other natural disasters.

Reuters (12/20/2024)
Hospital operator Ascension revealed that 5.6 million people had medical data, including medical records, lab tests and insurance information, stolen in a ransomware attack in May.

Business Insurance (12/20/2024)
A report found that cargo theft reaches its peak between Dec. 23 and Jan. 2, and these operations are becoming more sophisticated.

Risk & Insurance (12/11/2024)
Sports stadiums, including multiple iconic football stadiums, are at high risk of climate related events between now and 2050.

Insurance Business Magazine (12/16/2024)
Catastrophe bonds will be a helpful tool to close the global cybersecurity protection gap as digitalization accelerates.

Canadian Underwriter (12/11/2024)
The risk of a U.S.-Canada trade dispute over President-elect Donald Trump’s proposed 25% tariffs emphasize the need for companies to secure their supply chains.

Strategic Risk (12/16/2024)
Moody's reports that cyber criminals are targeting larger organizations with more complex networks due to increased cyber controls among smaller companies.

RIMScast, Sponsored by AXA XL
Florian Richard, AXA XL's Chief Risk Officer for the Americas and Head of Underwriting Risk, joins RIMScast to discuss the findings of this year’s AXA Future Risks Report, how it influences his risk management activities and how it can help the risk management community get a jumpstart on managing the emerging risks on the horizon.

RIMS Executive Report, Sponsored by Origami Risk
This report explores how a risk management information system (RMIS) can enable a team to overcome challenges by delivering time savings and access to real-time information, improved data quality, data accommodation and scalability, enhanced collaboration and data sharing, streamlined workflows, and tighter security.

 

 

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