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Riskwire
Today's Feature
Continuity Central (2/11/2019)
Nearly 75 percent of CFOs are at least moderately concerned about the risks they might face in the next 12 months, according to a national survey released today by Euler Hermes Americas. The Euler Hermes 'Risky Business' Survey analyzed responses from US CFOs and those in related jobs in companies with at least $5 million of annual revenues to understand their top concerns related to global political, economic and digital uncertainties.
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Industry News
Forbes (2/11/2019)
Online attackers are keen to steal healthcare data or hold it for ransom for a simple reason -- the return on investment. That's one reason why healthcare firms are one of cyber criminals' favorite target. In 2017, a typical healthcare organization suffered an average of 32,000 intrusion attacks per day, compared to 14,300 per day at organizations in other industries.
IT Wire (2/13/2019)
Eighty percent of IT business leaders in the US anticipate a critical breach or successful cyber attack over the coming year, according to a newly published survey of more than 1000 IT professionals. Respondents to the survey ranked research and development information, trade secrets, customer accounts, and other confidential information as the highest risk of loss when a breach occurs.
Canadian Underwriter (2/12/2019)
Due to six decision biases, consumers will typically not protect themselves against low-probability, high-consequence events until it is too late, a keynote speaker said recently at the CatIQ Connect conference in Toronto.
Forbes (2/7/2019)
What will information technology systems look like inside a big business in 2025? Oracle recently made 10 predictions about that future, and this article will dig into just one of those: that "0% of all enterprise (and mission-critical) workloads will move to the cloud by 2025."
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Continuity Central (2/8/2019)
Business reliance on IT has grown exponentially over the past few years. Not only has this put a strain on existing IT network set-ups but has seen the role and expectations of the network administrator change beyond all recognition, in a bid to keep everything running smoothly and securely.
TechSpective (2/10/2019)
5G is no longer just on the horizon -- it is coming, and soon. In fact, the World Economic Forum recently found that businesses will be able to benefit from 5G technology as early as next year. Despite there being no clear standards set just yet, operators and network equipment manufacturers are racing to be first-to-market. Nearly all major telecom providers this year made announcements about their initiatives including Verizon, AT&T, T-Mobile, Telstra and Telefonica.
Business Insurance (2/13/2019)
The frequency of medical malpractice claims has dropped substantially, but average case management expenses and indemnity payments continue to rise, according to a report. The rate of medical professional liability claims declined 27% from 5.1 cases per 100 physicians to 3.7 cases from 2007 to 2016, according to a report issued on Tuesday by CRICO Strategies called Medical Malpractice in America...
Investment Executive (2/12/2019)
Global policymakers plan this year to focus on finalizing the regulatory reforms that were sparked by the global financial crisis of 2008-09, while stepping up their defences against the next crisis. The Financial Stability Board (FSB) today published its plans for the year ahead, which set out the international organization’s objectives and timetable for 2019.
Rims Resources
  
The RIMS 2019 opening keynote address will be delivered by Dr. Erin Meyer, a professor at the INSEAD school of international business in France, and the author of The Culture Map: Breaking Through the Invisible Boundaries of Global Business. She discussed with Risk Management Monitor the concept of "culture mapping," and how her upcoming address in Boston will provide risk managers with methods to assess cultural rituals and differences before conducting international business.
On February 28, Jonathan Wood, Director at Control Risks, will discuss the top five risks for global business in the year ahead. He will strive to clarify a world that is transitioning to a new order, and discuss how the challenges that global organizations face today come with tremendous opportunities for those able to apply a new mindset to risk management. This webinar is free for members.